Industry

AI News Brief: Federal Reserve’s new Chair Kevin Warsh held a press conference on June 17, announcing the launch of five brand-new working groups to undertake a comprehensive overhaul of monetary policy. Warsh stated these topics are ’time-sensitive and far-reaching, worth re-examining,’ and each group will be independently led by top talent from both inside and outside economics. The Fed is also committed to issuing policy statements and guidance in shorter, clearer language. Notably, the Federal…

AI News Brief: Bitcoin mining company TeraWulf recently announced a $3.5 billion debt financing, continuing its aggressive capital-raising pace — the company closed a $1.3 billion round in December 2025, and raised another $3.2 billion back in October of the same year, bringing its three-round total past the $8 billion mark. But behind the massive fundraising, TeraWulf is facing multiple questions from the market…

AI News Brief: Bitcoin miner MARA Holdings announced a 2 gigawatt (GW) infrastructure buildout plan in Texas, pushing shares up more than 10% in a single day. The company said on X that the project is still in early development, requires regulatory approval, and will be rolled out in phases over several years. This plan extends MARA’s recent aggressive push into AI compute…

AI News Brief: The latest Fed meeting minutes show FOMC members divided on whether to raise rates, but most view strong AI infrastructure demand as a major source of inflation pressure. The minutes note that sustained massive AI-related demand is ’likely to continue putting upward pressure on tech product and electricity prices’ — a phenomenon dubbed ‘chipflation’, driven by data centers snapping up high-end semiconductors and players scrambling for power, which in turn pushes up end prices for consumer electronics and energy.

AI news flash: a closed blockchain protocol is not a safe one. On June 14 this year, hackers exploited a smart contract vulnerability to steal $2.1 million from the Aztec Connect protocol, which had been shut down since March 2023; five days later, the smart contract of the decentralized exchange mySwap was attacked for a $300,000 loss, even though the platform had stopped accepting new liquidity for over six months. Abandoned contracts are still attack targets—risk doesn’t disappear just because a protocol shuts down…

AI news flash: Ethereum co-founder Vitalik Buterin voluntarily launched a ‘de-anonymization’ experiment on June 22, publicly admitting he had previously published an Ethereum document of ‘medium importance’ under an anonymous identity and challenging the public to find it. The background comes from a February research paper by ETH Zurich and Anthropic, which pointed out that large language models can now perform online de-anonymization at scale by extracting identity-related clues from unstructured text, searching for potential matches, and reasoning about the most likely candidates, outperforming traditional techniques.

AI News Alert: The UK Financial Conduct Authority’s Mills Report warns that the convergence of autonomous AI agents and tokenized financial assets is fundamentally reshaping the financial industry’s operating structure. Since late 2025, over 20 frontier AI models have launched in succession, with regulation lagging far behind the pace of technological development. FCA research shows 20% of UK adults are willing to let AI autonomously make financial decisions, and the industry is rapidly shifting from ‘advisory systems’ to ‘authorized execution systems,’ with consumers about to have AI agents that can act on their behalf.

AI News Brief: Bitcoin miner TeraWulf announced a major partnership with Anthropic, leasing and building a dedicated AI data center at its Justified Data campus in Hawesville, Kentucky. The facility is designed for 401 MW of critical IT capacity, with initial operations expected in H2 2027 and full buildout by early 2028…

AI News Brief: The ECB and UK financial regulators have recently warned that current regulatory frameworks cannot keep pace with the rapid development of Agentic AI, calling for more effective safeguards. Bank of England Deputy Governor Sarah Breeden noted at the ECB annual forum in Sintra, Portugal, that Agentic AI could amplify volatility during periods of market stress, and raised the question of whether guardrails similar to ‘circuit breakers’ or ’emergency stop switches’ should be established to forcibly halt all market trading when AI models spiral out of control and trigger a market crash…

AI News Brief: The crypto industry’s enthusiasm for AI Agent applications is heating up. Coinbase CEO Brian Armstrong and Circle CEO Jeremy Allaire both predict AI Agents will become the primary users of blockchain payments. Coinbase’s x402 payment protocol is seen as one driving force, with Layer 1 chains like Aptos and N…