Claude Hacked Three Companies in Internal Testing: Anthropic

Coinbase posted a surprise loss in its latest quarterly financial results, driven by a sharp drop in overall crypto trading volumes. Major digital assets including Bitcoin and Ethereum experienced stagnant price action, suppressing retail activity across the platform. Transaction revenue fell significantly, missing Wall Street expectations. While subscription and services revenue showed slight resilience, reduced market volatility continues to pressure the exchange's broader financial outlook and long-term profitability.

Texas lawmakers are considering a ban on crypto kiosks following reports that state residents lost $57 million to scams involving the machines. Fraudsters frequently target elderly victims, using coercion and fraudulent claims to trick them into depositing cash at physical Bitcoin ATMs. State regulators are pushing for tighter oversight or a complete prohibition to curb escalating financial losses, which could set a precedent for crypto kiosk regulations across other states.

New York Attorney General Letitia James is seeking $36 billion in penalties from prediction market platform Kalshi, alleging it operated illegal gambling services within the state. Regulatory scrutiny against prediction platforms has intensified following a massive surge in retail trading volume. The legal action targets unregistered event contracts and state law violations. Market participants now face heightened legal risks as state regulators aggressively challenge federal oversight boundaries for derivatives.