Today's Crypto and Bitcoin News

OpenAI just made its most powerful model a lot faster. The company announced a limited preview of “Ultrafast mode” for GPT-5.6 Sol on August 13, delivering processing speeds up to 14 times faster than the standard version of the same model. The target audience: enterprise customers who need AI that

IBM and OpenAI have announced a strategic partnership that will integrate OpenAI’s most advanced AI models directly into IBM’s enterprise consulting infrastructure. The deal, revealed on August 13, makes IBM an OpenAI Elite partner and sets the stage for one of the largest coordinated pushes to brin

KPMG issued an unqualified opinion on Tether International’s 2025 accounts.Tether reported a $6.814 billion reserve surplus over token liabilities.KPMG inspected Tether’s transactions, systems, assets and physical gold.Stablecoin issuer Tether has completed its first full independent financial audit

Tether says accounting firm KPMG issued a clean opinion in what the company describes as the first full audit of the USDT issuer’s financials, a claim Tether frames as a milestone for stablecoin transparency.What Tether Said About KPMG’s Audit OpinionThe claim comes directly from Tether, which annou

Steve Eisman, the investor immortalized in “The Big Short” for his prescient bet against subprime mortgages, has a new concern. This time it’s not collateralized debt obligations. It’s the entire foundation of Big Tech’s AI revenue engine.In an appearance on CNBC’s “Fast Money,” Eisman laid out a bl

In a significant step for the cryptocurrency industry, KPMG has completed Tether’s first formal financial audit, delivering an unqualified clean opinion on the company’s 2025 financial statements. The audit, which included physical verification of Tether’s gold holdings and a comprehensive review of

Robinhood’s newly launched blockchain, Robinhood Chain, is scaling its onchain activity with help from Uniswap, according to Standard Chartered—an integration that may reduce one of the biggest early hurdles for any fresh network: assembling sufficient liquidity quickly enough to support real demand

Bitcoin sitting idle in a wallet earns nothing. Stacks has a pitch for changing that, and it comes with real BTC attached.The Stacks network is launching a 90-day incentive program designed to pull users deeper into its Bitcoin-native DeFi ecosystem. The program distributes 1 BTC per month, totaling

Gold has been humanity’s favorite store of value for roughly 5,000 years. What it has not been, in all that time, is a source of regular income. A new on-chain structured product from Enhanced is trying to change that, applying a well-worn options strategy to tokenized gold and packaging it in a way

Every AI company eventually hits the same wall. The models get smarter, the compute gets cheaper, but the data layer, the plumbing that actually moves training sets and inference results around, remains stubbornly expensive and slow. Aptos Labs thinks it has a fix.The Layer 1 blockchain developer un

Robinhood’s second retail-focused private markets vehicle is headed to the NYSE, expanding the company’s push to give everyday investors access to pre-public tech and crypto-related firms. Quick take - Robinhood Ventures Fund II (RVII) priced an 8 million-share IPO at $25 per share, raising $200 mi

Morph has rolled out a new non-custodial stablecoin payments platform that lets businesses accept and settle USDC and USDT directly to wallets they control — no funds held by Morph. Announced in a press release shared with crypto.news on Aug. 12, Morph Payments targets online businesses, freelancer

Odaily Planet Daily reports that Swiss bank UBS Group AG disclosed in its 13F filing with the U.S. Securities and Exchange Commission (SEC) that, as of June 30, it held approximately 2.5 million shares of BlackRock’s iShares Bitcoin Trust (IBIT), with a holding value of about $90 million. By the e

CoinDesk reports:The Tokyo-listed company Metaplanet has clarified a large Bitcoin transfer. The company disclosed that the 5,014 BTC transferred within the past 24 hours were merely routine movements between its custodial addresses, with no sales occurring; its current Bitcoin holdings remain at 43

Silver Lake is reportedly in discussions to acquire Workday, the cloud-based enterprise software company currently valued at roughly $43 billion. If completed, the deal would represent one of the largest private equity-led technology acquisitions ever, dwarfing several of Silver Lake’s own recent bl