Articles by Khal
Latest from Khal
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Cato Networks integrates GPT-5.5 into SASE platform via OpenAI Daybreak
Israeli cybersecurity firm Cato Networks joined OpenAI's Daybreak Cyber Partner Program on June 22, integrating GPT-5.5 and Codex security tools into its SASE platform to accelerate threat detection and patch generation.
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Bessent backs Warsh as Fed chair, bets on disinflation as Iran conflict halts
Treasury Secretary Scott Bessent praised Kevin Warsh's confirmation as Federal Reserve chair in June 2026, signaling alignment on monetary policy as Bessent builds a case for disinflation tied to the resolution of the Iran conflict and easing energy prices.
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StarkWare Launches Private KYC on Starknet Using Zero-Knowledge Proofs
StarkWare introduced Private KYC on Starknet, allowing users to prove specific identity attributes via zero-knowledge proofs without exposing full passport details. The launch addresses record data breaches across sectors.
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Fairshake's $5.5M Maryland bet pays off as crypto PAC advances allies
The crypto industry's largest super PAC, Fairshake, backed Adrian Boafo to a dominant Maryland Senate primary win and funded pro-crypto candidates across three states in Tuesday contests, with most races decided in the PAC's favor.
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Australia's CPI drops 0.7% in May, annual inflation cools to 4.0%
Australia's Consumer Price Index fell 0.7% in May, bringing annual inflation to 4.0% from 4.2%, data the Reserve Bank of Australia released June 24. The decline may prompt discussion of rate cuts, though underlying inflation measures signal caution.
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Goldfinch wind-down raises hard question: can DeFi RWA survive debt?
Goldfinch, a tokenized lending platform, is winding down after the crypto boom ended. The GIP-87 proposal would stop new development, enter maintenance mode, and shift focus to collecting from borrowers — revealing a structural challenge: DeFi private credit can look less like yield and more like debt servicing.
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KOSPI rebounds 4% as Samsung, SK Hynix lead tech recovery
South Korea's KOSPI index staged a sharp recovery after shedding nearly 10% in a single session on June 23, driven by gains in Samsung Electronics and SK Hynix. The rebound underscores the index's vulnerability to concentration risk, with the two tech giants controlling over 50% of total market capitalization.
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A16z Withdraws 25,560 Ethereum Worth $43M From Binance
Andreessen Horowitz's crypto arm pulled roughly $43 million in Ethereum from Binance in what marks the largest ETH withdrawal in an accelerating series throughout June, reflecting broader institutional caution about exchange custody.
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Japan vs Sweden World Cup 2026: Kraken crypto partnership reshapes fan engagement
Japan and Sweden meet June 25 in a Group F matchup where Kraken's FIFA partnership and Avalanche-powered ticketing mark the first World Cup with crypto infrastructure built into the fan experience from day one.
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Trump announces US-Iran deal to end Strait of Hormuz conflict
The United States and Iran signed a memorandum of understanding in June 2026 to end four months of Strait of Hormuz hostilities. The deal includes a 60-day negotiation window on nuclear inspections and sanctions relief, though its success depends on resolving issues that have derailed previous diplomatic efforts.
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Trump Accelerates Post-Quantum Cryptography Deadline to 2031
President Trump signed executive orders moving the federal deadline for post-quantum cryptography adoption from 2035 to 2031, drawing praise from industry leaders but warnings that the timeline remains aggressive given the complexity of migrating existing infrastructure.
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Catholic Leaders Warn Clarity Act Could Enable Human Trafficking
A coalition of 82 Catholic leaders sent a letter to Senate leadership opposing a key provision of the Clarity Act that would exempt crypto software developers from criminal prosecution, arguing it could hinder monitoring of illicit financial activity tied to trafficking and organized crime.
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Visa: Claude AI identifies 10,000+ zero-day vulnerabilities
Visa showcased findings from Anthropic's Project Glasswing, revealing that frontier AI models can identify tens of thousands of zero-day vulnerabilities while also serving as powerful defensive tools. The company open-sourced a new vulnerability-detection tool and highlighted escalating AI-enabled fraud threats.
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Meta develops Arena prediction market app using points instead of cash
Meta is building a prediction market app called Arena that lets users make event forecasts using points rather than real money, following the success of Polymarket and Kalshi. The move reflects CEO Mark Zuckerberg's pattern of betting on crypto-adjacent technologies.
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Trump claims Iran agreed to IAEA nuclear inspections; Tehran denies
President Trump declared on June 23 that Iran agreed to allow the IAEA's highest-level nuclear inspections indefinitely. Hours later, Iran's foreign ministry contradicted him, stating no new commitments had been made regarding inspectors visiting damaged nuclear facilities.
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Solana Foundation launches Frontier Traders with tiered rebates for pro traders
Solana Foundation introduced Frontier Traders on June 17, a program that aggregates trading activity across venues and offers tiered rebates and priority infrastructure to high-volume traders, targeting market makers and prop firms.
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US labor market revisions suggest stronger job growth, delaying rate cuts
Early data from the Quarterly Census of Employment and Wages suggests the US economy created roughly 230,000 more jobs through December 2025 than monthly payroll figures currently show, potentially delaying Federal Reserve rate cuts and affecting crypto markets.
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Zcash miner Fortitude to go public via Nasdaq reverse merger with HeartSciences
Zcash miner Fortitude Mining Holdings is merging with medical technology company HeartSciences in an all-stock reverse merger that will bring Fortitude to Nasdaq under ticker TUDE, while HeartSciences shareholders retain a minority stake.
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Meta launches Arena prediction market app amid sector boom
Meta is building a new app called Arena that lets users forecast political, sports, and entertainment events using points instead of cash, according to a report citing people familiar with the matter. The move follows Polymarket's explosive growth during the 2024 election.
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CFTC Chair Selig: Perpetual Futures Unfit for Agriculture Markets
CFTC Chair Michael Selig told cotton producers that perpetual futures tied to digital assets aren't suitable for all markets, especially agriculture, as the agency faces legal challenges to its crypto approvals.
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Prosus launches ToqanClaw, privacy-first AI alternative to OpenClaw
Prosus unveiled ToqanClaw, a no-code AI platform built on European infrastructure and positioned as a privacy-focused competitor to OpenClaw-style agents. The platform is rolling out across a network of over five million restaurants and merchants.
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Elizabeth Warren co-authors bill blocking Federal Reserve CBDC until 2030
Elizabeth Warren, a longtime crypto critic, co-authored bipartisan housing legislation that blocks the Federal Reserve from issuing a retail digital dollar through 2030. The Senate passed the bill 85-5 on Monday, marking a sharp reversal from Warren's 2021 endorsement of central bank digital currencies.
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Chainlink launches Project Pangea for euro-won stablecoin FX settlement
Chainlink announced Project Pangea, a working group with 37 European banks and South Korean lenders to evaluate real-time foreign exchange settlement using euro and won stablecoins.
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Bitcoin slips below $60,000 as SpaceX rout shakes tech markets
Bitcoin has dropped over 8% from its June peak near $67,255, with traders bracing for further losses as SpaceX's $600 billion post-IPO collapse and a broader tech sell-off push risk assets lower.