News from the frontier of crypto, AI & payments.
Coverage and analysis at the intersection of crypto, AI, and payments — through the lens of institutional custody.
Base Power Raises $1 Billion to Reimagine Grid Infrastructure with Backyard Batteries
Energy storage startup Base Power has closed a $1 billion Series D round at a $13 billion valuation, deploying residential batteries on a subscription model to address surging U.S. electricity demand.
African Payment Firm Yellow Card Builds Cross-Border Infrastructure with Stablecoin Focus
African payment company Yellow Card is building foundational cross-border payment infrastructure to enable stablecoin and international remittance capabilities, differentiating itself from traditional payment firms like Stripe and Wise.
Trump-Linked Bitcoin Miner Reports Third Consecutive Quarterly Loss Amid Industry Profitability Challenges
American Bitcoin Corp., backed by the Trump family, has posted a second-quarter loss, marking its third consecutive quarter of losses and highlighting ongoing profitability pressures facing the bitcoin mining industry amid price volatility and rising operational costs.
NTT Data Plans $9 Billion Investment to Expand Japan Data Centers
NTT Data Group announced plans to invest at least $9 billion by 2033 to quadruple computing capacity to 1 gigawatt, addressing surging demand for data center infrastructure in Japan.
Base Power Raises $1 Billion to Reimagine Grid Infrastructure with Backyard Batteries
Energy storage startup Base Power has closed a $1 billion Series D round at a $13 billion valuation, deploying residential batteries on a subscription model to address surging U.S. electricity demand.
Apple Challenges UK Government Demand for Access to Encrypted iCloud Data
Apple has filed a new legal challenge with the UK Investigatory Powers Tribunal against a government order demanding access to users' end-to-end encrypted data, marking another confrontation over data privacy versus national security.
Coldcard Hardware Wallet Flaw Leads to $88 Million Bitcoin Theft
A critical vulnerability in Coldcard's 2021 firmware random number generator has enabled attackers to reconstruct private keys offline, resulting in the theft of 1,367 bitcoin (approximately $88 million) from over 4,500 addresses. The incident has prompted a reassessment of hardware wallet security, with some holders moving funds back to exchanges.
Latest from Cobo
Cobo Launches Agentic Wallet: Three Industry Firsts Redefining How AI Agents Interact On-Chain
Cobo launches Cobo Agentic Wallet (CAW), the world's first MPC-secured wallet purpose-built for AI agents, featuring a human-agent authorization protocol and modular skill framework that enables autonomous on-chain execution within user-defined boundaries.
Cobo Agentic Wallet: A New Paradigm for Autonomous AI Agent Transactions and Payments
Cobo launches Cobo Agentic Wallet (CAW), an MPC-based wallet infrastructure designed to enable AI Agents to perform autonomous on-chain transactions with institutional-grade security and human-enforced authorization controls.
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