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Neynar Seeks a New Owner for Farcaster Seven Months After Buying It

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Neynar Seeks a New Owner for Farcaster Seven Months After Buying It


Neynar has started looking for a new team to run Farcaster, the token launcher Clanker and its own developer platform, co-founder Rish Mukherji said on Aug. 17, seven months after the company acquired the decentralized social protocol from Merkle Manufactory. That puts Farcaster into its second… Read the full story at The Defiant

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Two crypto investors, one who bought $500 in BlockDAG at stage 1 and one who waited

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A year from now: Two crypto investors, one who bought $500 in BlockDAG at stage 1 and one who waited - 4

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

BlockDAG’s presale stage pricing highlights how entry timing can affect allocation size, as investors weigh acting early against waiting for more confirmation.

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Summary

  • Two investors put $500 into BlockDAG, but their entry timing could create a major difference in potential returns as the presale advances.
  • A $500 BlockDAG investment highlights how presale stage pricing can affect token holdings and potential returns for early participants.
  • BlockDAG’s Stage 1 pricing creates a sharp contrast between investors who enter early and those who wait for later presale stages.

Picture two investors, both with $500 set aside for crypto, both looking at the BlockDAG (BDAG) presale on the exact same day. Same information, same opportunity, same amount of money. The only difference between them is what happens next. One decides to act, converting that $500 into BDAG at the Stage 1 price. The other decides to wait, for more research, for more confirmation, for a “better time” that never quite arrives. A year from now, that single decision is the entire story.

A year from now: Two crypto investors, one who bought $500 in BlockDAG at stage 1 and one who waited - 4

This isn’t a hypothetical about luck or timing the market perfectly. It’s about what a presale’s own stage structure guarantees, regardless of what the broader market does. The gap between these two investors isn’t speculative; it’s built directly into how BlockDAG (BDAG) is priced from one stage to the next, which makes this a genuinely useful story for anyone sitting on the fence right now.

Investor one: The buyer who acted

Investor One buys $500 of BDAG the day Stage 1 opens, at $0.00002 per coin. That $500 converts into 25,000,000 BDAG, deposited directly into their wallet at the lowest price the presale will ever offer. From that point forward, their entry price is locked, nothing that happens in later stages changes what they already own. As the presale advances and the reference launch price of $0.10 comes into view, Investor One’s holding is simply along for the ride, already secured at the cheapest point on the entire ladder.

A year from now, if BDAG has progressed toward its $0.10 launch reference, that 25,000,000-coin position is worth $2,500,000, a 5000x on the original $500. Nothing about that outcome required Investor One to predict the market or time a peak. It required one decision: buying at Stage 1 instead of somewhere further down the ladder, or not at all.

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Investor Two: The buyer who waited

Investor Two has the exact same $500 and the exact same information, but chooses to wait. Maybe they want to see how Stage 1 performs first. Maybe they’re waiting for a dip, a signal, or simply more confidence before committing. It’s a reasonable-sounding instinct, nobody wants to feel rushed into a purchase. But the presale doesn’t wait with them. Every stage that closes moves the entry price higher, permanently, for anyone who hasn’t bought yet.

If Investor Two finally commits their $500 several stages later, at a meaningfully higher price than $0.00002, they get noticeably fewer coins for the same money. Their eventual multiple to the $0.10 launch reference is smaller, not because BDAG performed any differently, but because they paid more to get in. In the worst case, if they wait past the presale entirely and BDAG launches at $0.10 on the open market, their $500 simply buys 5,000 coins outright, with none of the stage-based discount Investor One captured. A year from now, Investor Two isn’t looking at a loss exactly, but they’re looking at a fraction of what the same $500 could have become, purely because they hesitated.

The only variable was when

What makes this story worth telling is how little separates the two outcomes at the start. Same amount of money, same presale, same information. The entire gap between $2,500,000 and a smaller, later-stage return comes down to nothing more than timing, specifically, how early each investor moved. BlockDAG (BDAG) isn’t asking anyone to predict the future or catch a perfect bottom; it’s simply rewarding the buyers who act while Stage 1 is still open, and quietly penalizing the ones who wait through no fault other than hesitation.

A year from now: Two crypto investors, one who bought $500 in BlockDAG at stage 1 and one who waited - 5

That dynamic is reinforced by what’s already backing the presale. The BlockDAG blockchain is live and processing real activity, BlockDAG Casino is a working consumer product, mining hardware is being delivered to participants, and $100 million in planned launch liquidity is lined up to support trading once BDAG reaches the open market, the kind of foundation that gives the stage ladder real weight rather than empty promises.

Which investor do you want to be?

A year from now, both investors will look back at the exact same day, the exact same $500, and the exact same opportunity. One will be holding a position that grew into $2,500,000. The other will be holding a smaller version of the same story, wondering what would have happened if they’d moved when Stage 1 was still open. The BlockDAG (BDAG) presale doesn’t require predicting anything, it simply rewards whoever decides not to wait. The only real question left is which investor this story ends up describing.

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For more information, visit the official websitepresaleTelegram and Discord.

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.

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OCC Greenlights Trump Family Crypto Firm for Trust Charter

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Crypto Breaking News

The U.S. Office of the Comptroller of the Currency (OCC) has granted conditional approval for World Liberty Financial’s application to establish a national trust bank, despite renewed political scrutiny over potential conflicts of interest. In a notice released Friday, the OCC said the approval would be subject to regulatory and policy requirements and would allow the company to operate as “World Liberty Trust Company, National Association.”

World Liberty’s charter application, according to the OCC, proposes activities including issuing U.S. dollar-backed stablecoins and providing custody services for digital assets tied to the firm’s USD1 token.

Key takeaways

  • The OCC’s approval is conditional, meaning World Liberty must meet specific regulatory and policy requirements before fully moving forward.
  • The bank would be authorized to issue U.S. dollar-backed stablecoins and custody digital assets related to the USD1 token, per the application described by the OCC.
  • Criticism from lawmakers continues to center on alleged conflicts of interest involving World Liberty’s ties to President Donald Trump’s family and the OCC’s leadership.
  • Senator Elizabeth Warren said she introduced new legislation after the OCC action, framing it as addressing “presidential corruption” concerns in banking.
  • Meanwhile, the OCC has recently moved quickly on other crypto-related trust charter approvals under the Trump administration.

What the OCC approved—and the business scope

In its Friday notice, the OCC indicated that it acted in line with its statutory duties and ethical obligations regarding the application. The regulator said the conditional approval for World Liberty’s charter would permit the entity to function under the specified national trust bank title: World Liberty Trust Company, National Association.

As described in the notice, World Liberty’s plan includes issuing stablecoins backed by U.S. dollars and custodying digital assets associated with its USD1 token. The OCC characterized the decision as a pathway to operate as a trust bank while still requiring compliance with additional regulatory and policy terms.

The OCC’s notice also reflects the regulator’s process and oversight stance. Earlier, OCC Comptroller Jonathan Gould said the application would be reviewed through what he described as an “apolitical and nonpartisan process” after receiving a letter from Senator Elizabeth Warren.

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Conflict-of-interest concerns drive the political backlash

The OCC decision landed amid heightened debate in Washington over potential entanglements between World Liberty and President Trump’s family. According to the reporting referenced in the OCC notice, the president and three of his sons are affiliated with World Liberty.

Separately, the OCC’s leadership has been at the center of attention: Gould was nominated by Trump in 2025. In addition, World Liberty’s own website reportedly stated that a Trump family entity controlled 38% of the company’s equity interests.

Senator Warren strongly criticized the OCC’s move. On Friday, she said she had introduced legislation aimed at stopping what she called “unprecedented corruption,” describing the OCC action as the “most brazen act of self-dealing” in the U.S. financial system. Warren and nine other senators introduced the “Ending Presidential Corruption in Banking Act” after the approval.

Legislative push follows a broader wave of OCC crypto approvals

World Liberty’s charter bid is not happening in isolation. The OCC has, under the Trump administration and Comptroller Gould, approved or conditionally approved multiple applications from crypto firms seeking trust charters to expand their U.S. services.

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One recent example cited in earlier coverage is the agency’s December approvals related to Circle, Ripple Labs, Crypto.com, and Coinbase, following passage of the GENIUS stablecoin bill in Congress. Those actions form part of the backdrop for the current conditional approval—suggesting the regulator is continuing to move through crypto-focused charter applications.

That broader pace also helps explain why Warren and other lawmakers may view World Liberty’s approval as part of a larger governance concern, even as the OCC frames its conduct as consistent with legal and ethical obligations.

Congressional questions extend beyond the U.S.

In parallel with U.S. conflict-of-interest debates, lawmakers have also pushed for scrutiny of World Liberty’s ties to foreign entities and how those relationships could influence U.S. policy indirectly.

The article notes reporting that an Abu Dhabi investment company backed by Sheikh Tahnoon bin Zayed Al Nahyan—the UAE’s national security adviser—reportedly purchased a 49% stake in World Liberty in January 2025 for $500 million. It also references another UAE entity, MGX, which reportedly used World Liberty’s USD1 stablecoin to invest $2 billion in crypto exchange Binance.

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Additional political attention followed because Trump later issued a presidential pardon for former Binance CEO Changpeng Zhao. A White House spokesperson, according to the reporting referenced here, has repeatedly said there were “no conflicts of interest” with Trump’s investments.

Taken together, the OCC’s conditional approval and the expanding congressional focus highlight a central tension for the crypto sector: regulators may continue to advance licensing frameworks for stablecoin and custody-related services, while lawmakers test whether governance safeguards are sufficient in cases involving closely held or politically connected interests.

For now, the OCC’s conditional approval means World Liberty can move closer to operating as a national trust bank, but the exact requirements attached to that approval—and how quickly they will be met—remain the immediate variables to watch. As Warren’s bill moves into the legislative process and scrutiny of World Liberty’s equity structure and cross-border relationships continues, the practical impact for future trust-charter applicants may depend as much on policy outcomes in Washington as on the regulator’s licensing decisions.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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RIOT stock gains 4.7% as JPMorgan lifts target to $22

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RIOT 4-hour chart shows the stock rebounding to $19.91 from $18.90, with support at $18.50, resistance at $20.48 and ADX at 15.52.

RIOT stock has climbed 4.7% to $19.91 after JPMorgan raised its Riot Platforms price target to $22 following the Bitcoin miner’s $9.1 billion data center agreement reportedly involving Anthropic.

Summary

  • JPMorgan raised its RIOT target from $20 to $22 and retained an Overweight rating.
  • Riot’s 20-year data center contract is expected to generate $9.1 billion in revenue.
  • Morgan Stanley separately increased its RIOT target from $36 to $43.
  • RIOT faces resistance at $20.48, while its main 4-hour support sits near $18.50.

JPMorgan sees momentum building at Riot Platforms

On Aug. 1, JPMorgan had increased its price target for Riot Platforms from $20 to $22 while keeping an Overweight rating on the Nasdaq-listed stock.

JPMorgan analysts said Riot was “building momentum” after securing its latest data center agreement at what the bank described as “attractive economics.” The analysts also said work connected to Riot’s existing lease with chipmaker AMD remained on schedule.

At $19.91, RIOT traded about 10.5% below JPMorgan’s revised target. The 4-hour chart showed the stock opening at $19.07, reaching $20.05 and falling as low as $18.90 before recovering.

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Morgan Stanley has taken a more bullish position. On Aug. 13, the bank raised its RIOT target from $36 to $43 and retained an Overweight rating. The revised forecast sits more than 100% above the latest market price, although price targets represent analysts’ estimates rather than guaranteed outcomes.

Wall Street’s latest revisions followed a volatile week for RIOT. The stock surged after the large data center contract was announced, but some investors later booked profits, pulling the shares down to a Friday close of $19.02 before Monday’s recovery.

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Riot’s $9.1 billion deal adds contracted AI revenue

Riot disclosed the 20-year agreement in an Aug. 10 filing with the U.S. Securities and Exchange Commission, identifying the customer only as a leading frontier AI company. Bloomberg later named Anthropic as the tenant, citing people familiar with the transaction, while Riot and Anthropic did not publicly confirm the customer’s identity.

As crypto.news previously covered the Anthropic deal, the agreement covers 191 megawatts of critical information technology capacity at Riot’s Rockdale campus in Texas. Riot expects to deliver the first 96 MW in December 2027 and another 95 MW by June 2028.

Under the initial term, which runs through June 2048, Riot expects the agreement to produce about $9.1 billion in contracted revenue. Two five-year extension options controlled by the tenant could increase the potential total to $16.1 billion.

Riot has projected cumulative net operating income of between $7.3 billion and $8.2 billion during the base term. Company filings classify both the revenue and income totals as forward-looking estimates because actual results depend on construction, financing, deployment, and operating performance.

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To fund the first stage of construction, Riot secured a $573 million delayed-draw term loan arranged by Morgan Stanley. The company plans to use the financing while it works toward a permanent funding structure for the project.

Rockdale already has 700 MW of developed and energized power capacity, along with fiber and electrical systems built for large-scale Bitcoin mining. Riot has said it plans to convert the campus’s full gross capacity for data center customers over time.

The AMD lease gave Riot its first large tenant

Before the latest contract, AMD signed a 10-year, $311 million lease covering an initial 25 MW at Rockdale. Extension and expansion options could take its potential value to about $1 billion and increase AMD’s capacity to 200 MW.

AMD exercised its first 25 MW expansion option during the first quarter, bringing its contracted capacity to 50 MW. Adding the newer 191 MW agreement gives Riot 241 MW of critical IT capacity under signed Rockdale leases.

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Riot’s first-quarter financial results showed $167.2 million in total revenue, up from $161.4 million a year earlier. Data center operations produced $33.2 million, including $32.2 million from tenant fit-out services and $900,000 from operating lease revenue.

For the second quarter, Riot reported $174.2 million in revenue, representing a 14% increase from the same period in 2025. Data center revenue accounted for $23.2 million of the quarterly total, leaving Bitcoin mining as the company’s main revenue source while the newer contracts move through construction.

Riot produced 1,473 Bitcoin during the first quarter, compared with 1,530 BTC a year earlier. According to the company, Bitcoin mining revenue declined to $111.9 million from $142.9 million as the average Bitcoin price fell and the global network hash rate increased.

The company also sold 3,778 BTC during the quarter. Its average mining cost, excluding depreciation, rose to $44,629 per Bitcoin, partly because the average global network hash rate increased by 24%.

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Other listed miners have pursued similar contracts because their existing power supplies, land, and cooling systems can be adapted for AI computing. A June report on miners entering AI infrastructure found that public Bitcoin mining companies had announced more than $70 billion in AI and high-performance computing contracts.

RIOT stock must reclaim $20.48

RIOT’s 4-hour chart shows that the latest 4.7% recovery began after the stock approached the lower Bollinger Band at $18.50. Buyers lifted the price from an intraday low of $18.90 to $19.91, but the stock remained below the indicator’s midpoint at $20.48.

RIOT 4-hour chart shows the stock rebounding to $19.91 from $18.90, with support at $18.50, resistance at $20.48 and ADX at 15.52.
RIOT price 4-hour chart | Source: TradingView

Based on the chart, $20.48 serves as the first resistance level. A sustained move above it would bring the upper Bollinger Band at $22.47 into view, placing that level close to JPMorgan’s new $22 target.

Failure to clear the midpoint would leave RIOT exposed to another test of the $18.50 lower band. The stock has also formed lower highs since its late-June peak near $30, while recent candles show repeated moves on both sides of the $20 area.

The Average Directional Index stood at 15.52 on the 4-hour chart. An ADX reading below 20 generally indicates weak trend strength, so the indicator does not yet confirm a strong move in either direction.

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Bitcoin added almost 1% to trade near $63,502 during the period, while 24-hour trading volume increased 68%. The move followed reports that the United States and Iran had agreed to extend a 60-day ceasefire.

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NAVI Prime launches institutional lending framework on Sui

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NAVI Prime launches institutional lending framework on Sui

NAVI Protocol has launched NAVI Prime, a Sui-based lending framework designed for funds seeking more clarity, transparency, and control over capital management.

Summary

  • NAVI Prime provides lending infrastructure for institutional and professional capital on Sui.
  • NAVI Protocol says the framework focuses on transparent and controllable fund management.
  • DefiLlama tracks about $124.6 million in total value locked across NAVI Protocol.
  • U.S. investors can gain regulated SUI exposure through CME futures contracts.

NAVI Protocol said NAVI Prime was built for funds with more demanding requirements around clarity, transparency, and control. Deployed on the Sui blockchain, the framework provides lending infrastructure for institutions and professional capital.

According to the announcement, NAVI Prime focuses on giving professional investors a more transparent and controllable way to manage funds through onchain lending. The product extends NAVI Protocol’s existing role as a liquidity platform within the Sui ecosystem.

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NAVI Prime focuses on professional capital

NAVI Prime introduces a lending framework created specifically for professional market participants. While NAVI Protocol’s existing platform serves users who supply assets or borrow against collateral, the new framework concentrates on the requirements of funds and institutional investors.

Transparency forms one of the main elements of the product, according to the NAVI Protocol. Because NAVI Prime runs on Sui, its lending activity can use the network’s onchain infrastructure while giving participating funds clearer oversight of capital management.

Control is another part of the framework’s stated design. NAVI said the product was created for funds seeking more authority over how their assets are managed in a lending environment.

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NAVI Protocol already operates lending and borrowing markets on Sui. Its official documentation describes the platform as a unified service for lending, borrowing, trading, and yield strategies, while the Sui ecosystem directory lists NAVI as a native liquidity protocol built with the Move programming language.

The protocol’s existing lending service allows users to supply supported tokens and earn interest. Borrowers can deposit collateral to obtain other digital assets, with the system using overcollateralized positions to manage loan risk.

According to DefiLlama, NAVI’s lending markets support SUI, USDC, USDT, wrapped Ether, and wrapped Bitcoin. The platform also provides isolated lending pools and flash loans.

NAVI Protocol manages more than $124 million

DefiLlama tracked approximately $124.6 million in total value locked across NAVI Protocol as of Aug. 17. All of the recorded capital was deployed on Sui.

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Active loans stood at about $65.8 million, meaning borrowers were using more than half of the value held across the protocol’s tracked products. DefiLlama includes NAVI Lending, Volo LST, and Volo Vault within the NAVI Protocol group.

During the preceding 30 days, NAVI generated approximately $404,300 in fees, according to DefiLlama. Protocol revenue for the same period reached about $153,700, while annualized fees were estimated at $23.2 million.

NAVI Lending collects interest and borrowing fees from users, while Volo’s products generate revenue from staking services and yield strategies. DefiLlama recorded $39.1 million in cumulative fees and $16.1 million in cumulative protocol revenue.

The protocol’s NAVX governance token had a circulating market value of about $5.7 million at the time of the data snapshot. Roughly 816.2 million NAVX tokens were circulating from a maximum supply of 1 billion.

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NAVI Protocol raised $4 million through two funding rounds in early 2024, DefiLlama data showed. Investors listed for the rounds included OKX Ventures, Hashed, Mysten Labs, Mechanism Capital, Coin98 Ventures, Gate.io, and several other crypto-focused firms.

NAVI’s governance system allows NAVX holders to participate in proposals and vote on protocol changes, according to its documentation. The platform has also developed software tools through which developers can add lending, borrowing, account management, and pool functions to Sui applications.

Stablecoins support Sui lending activity

Stablecoins have become an important part of NAVI’s lending markets as Sui has added new dollar-denominated assets. The protocol currently supports tokens including USDC and USDT, according to DefiLlama.

In October 2024, crypto.news reported that NAVI would support the native USDC rollout from its first day on Sui. Circle issues USDC, while native integration allows users to move the stablecoin through Sui without relying on a bridged version from another blockchain.

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NAVI Protocol said at the time that users holding the bridged USDC version could exchange it for native USDC through the platform. The integration placed Circle’s stablecoin inside NAVI’s Sui-based lending and borrowing markets.

Bitcoin-linked lending later became another area of activity. In June 2025, NAVI Protocol and OKX announced a two-month xBTC campaign that offered $700,000 in incentives to users supplying the asset through Sui.

OKX allocated $200,000 in SUI rewards through its Earn service, while NAVI supplied another $500,000 in NAVX tokens. NAVI co-founder Elliscope Fang said the partnership was intended to develop BTC-based decentralized finance within the Sui ecosystem.

Sui added another dollar asset in March 2026 when USDsui entered mainnet. Bridge, a Stripe subsidiary, issues the stablecoin through its Open Issuance platform.

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Sui Foundation said USDsui was designed for payments and decentralized finance. At launch, the organization reported that the network had processed more than $111 billion in stablecoin transfers during January 2026.

Ethena-backed suiUSDe had also launched on Sui one month earlier. NAVI joined Aftermath, Bluefin, Cetus, Scallop, Suilend, and other Sui applications supporting the asset from its mainnet release.

CME futures provide a regulated U.S. route

For American investors, Sui exposure is also available through futures traded on CME Group, a U.S.-regulated derivatives exchange. The contracts provide cash-settled exposure to SUI without requiring traders to hold the token in an onchain wallet.

CME Group launched SUI futures in May 2026 alongside new contracts tied to Avalanche. The exchange offers standard- and micro-sized products for both assets.

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A standard SUI futures contract represents 50,000 SUI, while a micro contract represents 5,000 SUI. CME settles both products in cash using the CME CF Sui-Dollar Reference Rate.

CME said the contracts can support price exposure, hedging, relative-value trading, and basis strategies. SUI joined Bitcoin, Ether, Solana, Cardano, Chainlink, and Stellar among the digital assets covered by CME’s regulated derivatives products.

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Dow’s 3-Year Winning Run Isn’t a Crash Signal, Still 49% Odds of Double-Digit Gains

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Not having a crash is not a good reason to expect a crash.

Three straight years of double-digit gains have not raised the odds of a Dow Jones Industrial Average pullback. That is the conclusion of MarketWatch contributor Mark Hulbert. The Dow’s historical baseline chance of another double-digit year still sits at 49%.

A narrative has spread on Wall Street that the streak alone makes a reversal overdue. Hulbert calls that reasoning the gambler’s fallacy, the same error behind coin-flip superstitions.

The Gambler’s Fallacy Behind the Crash Talk

Hulbert compares the market to a coin flip. A coin that lands heads several times in a row is still 50% likely to land heads again.

He points to 129 years of Dow data going back to the late 1890s. The odds of a double-digit year hover near 49%, regardless of how many strong years came before it. Historically, that baseline has barely moved even after multiple consecutive winning years.

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Not having a crash is not a good reason to expect a crash.
Not having a crash is not a good reason to expect a crash. Image Source: Macro Trends

Investors weighing whether a real downturn is brewing can compare Hulbert’s data with Cramer’s buyable crash framework. That guide separates mechanical sell-offs from systemic ones.

What the Research Shows About Crash Odds

Hulbert also cites research from Harvard University and the University of Hong Kong. The research uses trailing two-year returns to estimate crash risk. State Street Markets, working with the Harvard researchers, applies that framework to calculate current odds.

The current probability of a 40% drop over the next two years sits at 19%. That compares with a five-year average of 26%. Crash odds, in other words, are currently below normal.

Other Wall Street voices point to different warning signs. Some traders see echoes of the dot-com bust in the recent AI stock rotation. That is a separate concern from the streak-based narrative Hulbert addresses.

What About Other Risks?

Hulbert stresses that his model only reflects trailing returns. It does not account for other risks, including stretched valuations across US equities.

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Wall Street sentiment remains split heading into the back half of the year. Fundstrat’s Tom Lee’s correction call shows some strategists still want a pullback before further upside. Meanwhile, raised S&P 500 forecasts from JPMorgan and CFRA signal broader confidence in the rally continuing.

For now, Hulbert’s bottom line holds. The Dow’s odds of finishing 2026 with a double-digit gain remain 49%. That is no better and no worse than in any other year.

The post Dow’s 3-Year Winning Run Isn’t a Crash Signal, Still 49% Odds of Double-Digit Gains appeared first on BeInCrypto.

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Trump-Backed World Liberty Links USD1 To Chinese AI Platform WorldClaw

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Crypto Breaking News

Trump-linked World Liberty Financial has expanded its stablecoin reach through a partnership with Hong Kong-based AI platform WorldClaw. The arrangement gives WorldClaw users access to Chinese and American AI models while allowing payment through USD1. Meanwhile, the relationship raises questions about technology access and links involving companies facing U.S. restrictions across sensitive technology markets today.

WorldClaw offers about 90 models through its WorldRouter service, including 43 developed by Chinese companies. Those models include systems from Alibaba, Baidu, and Z.ai, while American providers include OpenAI and Anthropic across different commercial applications. Additionally, WorldRouter gives users access to models from DeepSeek and Moonshot, expanding its range of available AI systems.

WorldClaw accepts World Liberty Financial’s USD1 stablecoin for payments across its services online. However, the companies have not disclosed the financial terms governing their relationship or payments under the arrangement. World Liberty’s connection also extends through executive Ryan Fang, who advises WorldClaw on USD1 adoption and business partnerships involving users.

U.S. Restrictions Add Pressure To Model Access

Several Chinese developers available through WorldClaw face scrutiny or restrictions from U.S. authorities directly. The Pentagon has designated Alibaba and Baidu as Chinese military-linked companies, while Commerce Department restrictions affect Z.ai. Consequently, their presence on a single platform creates a complex link between U.S. users and restricted Chinese technology providers.

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WorldClaw also offers DeepSeek and Moonshot models, which have faced allegations from U.S. officials involving intellectual property practices. Chinese authorities and affected companies have disputed those allegations and rejected claims of technology theft involving American developers. Nevertheless, access through a platform can differ from direct commercial dealings with restricted entities today.

U.S. individuals and companies can generally use Chinese AI models through available services. However, specific rules can restrict certain transactions involving companies placed on government lists and related entities. Therefore, the legal position can depend on the transaction, service structure, entity involved, and applicable U.S. restrictions.

World Liberty And WorldClaw Defend The Arrangement

WorldClaw says model access does not amount to support or approval of the companies that develop those systems. The platform also operates independently from World Liberty, according to its public position and stated business structure. Meanwhile, WorldClaw says it helps American AI companies reach customers beyond the United States.

World Liberty has defended the arrangement by pointing to broader industry practices involving multiple AI providers. The company says major American technology firms also offer access to both Chinese and American models through similar platforms. Additionally, the White House has rejected concerns about conflicts involving President Trump and World Liberty publicly.

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WorldRouter reports more than 10,000 users and handles over 50 million requested tasks each day. Its privacy policy says user inputs may reach companies that provide the underlying models, depending on service requests. However, WorldClaw says it applies privacy and security measures across the platform as it manages those requests overall.

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What to Know About the Earthquake in Indonesia

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What to Know About the Earthquake in Indonesia

USGS reported that roughly 2 million people were exposed to “strong” and “violent” shaking. Hundreds of aftershocks followed. 

The province’s governor on Sunday issued a 14-day state of emergency. 

President Prabowo Subianto paid tribute to the victims of the earthquake on Monday during a ceremony for the country’s 81st Independence Day, holding a moment of silence in their memory.

Here’s what to know about the earthquake, the ongoing recovery efforts in its aftermath, and how you can help.

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How strong was the earthquake?

According to USGS, a 5.3 magnitude earthquake is considered “moderate,” while a 6.3 magnitude earthquake is considered “strong.” The earthquake that hit Indonesia had a magnitude of 7.7, making it a major quake.

It marks the latest of several earthquakes with magnitudes above 7 that have rattled countries this summer. Colombia is still in the process of recovering after it was struck by a 7.4-magnitude quake last week. And in June, Venezuela was devastated by back-to-back quakes with magnitudes of 7.5 and 7.7.

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Omnichain Launchpad Printr Shuts Down, Cancels Token Launch And Airdrop

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Omnichain Launchpad Printr Shuts Down, Cancels Token Launch And Airdrop


Printr, a token launchpad that deployed assets across eight chains from one interface, said Monday it has begun winding down and will cease all operations by Aug. 31, cancelling the token generation event and airdrop it had told users to expect. The shutdown removes one of the few launchpads that… Read the full story at The Defiant

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Kraken’s parent Payward joins Anthropic’s Project Glasswing, taps Claude Mythos 5 for security

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Kraken to buy stablecoin payments firm Reap in $600 million deal: Bloomberg

AI is also emerging as a growing threat to crypto companies, giving attackers tools to find vulnerabilities faster, automate attacks and make phishing and social-engineering campaigns more convincing. That raises the stakes for an industry already a frequent target for hackers, while fueling a race to deploy the same technology on the defensive side.

Claude Mythos 5 is Anthropic’s most advanced model for defensive cybersecurity, designed to analyze code at scale, identify vulnerabilities and help developers fix them. Access has initially been limited to organizations that operate or defend critical infrastructure, as Anthropic works on safeguards for a broader rollout.

Payward argued that crypto platforms face security challenges similar to other critical financial infrastructure. Exchanges, custody systems and settlement rails operate around the clock and can present lucrative targets for attackers.

“Security has always been an unfair game. An attacker needs to find one flaw. A defender has to find all of them, first, every single day,” Payward co-CEO Arjun Sethi said in the release. “Frontier AI is the first thing that flips that asymmetry.”

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Anthropic has said it plans to expand access to Mythos-class cybersecurity capabilities as it develops safeguards for wider use.

Read more: AI is making crypto security cheaper, faster and harder to ignore

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Printr to shut down by Aug. 31 with no token airdrop

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Printr has started closing its token launch platform and will end all operations by Aug. 31 after failing to secure the capital and distribution support needed to continue.

Summary

  • Printr will automatically unstake supported positions and claim outstanding rewards beginning Aug. 18.
  • Users missing returned assets after Aug. 20 must contact the team through Discord before Aug. 31.
  • The platform will not hold a token generation event or distribute an airdrop.
  • Existing Printr-issued tokens will remain on their respective blockchains after the application closes.

Printr shutdown begins with automatic unstaking

Printr said in an official Aug. 17 X statement that the team had spent the past three months examining possible ways to keep the platform running. According to the company, none provided the funding and distribution backing required under current market conditions.

Starting Aug. 18, the platform will automatically unstake positions held through its supported blockchain integrations. Any staking rewards available for collection will also be claimed, with the assets sent back to the wallet address that originally supplied them.

Users do not need to submit a separate unstaking request under the process described by Printr. Once the returns are completed, the platform will suspend its staking feature and stop accepting new staking activity.

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For positions that have not arrived by Aug. 20, Printr instructed affected users to contact its team through the project’s Discord server. Support will remain available only until Aug. 31, giving users a limited period to raise problems involving missing funds or incomplete reward claims.

The notice did not identify every supported chain covered by the automated process or provide separate completion times for each network. Blockchain congestion, unstaking periods, and protocol-level withdrawal rules can differ between chains, making the original wallet address and transaction history important for tracking each return.

Printr app will stop issuing new tokens

After Aug. 31, the Printr application interface will go offline, and users will no longer be able to create tokens through the platform. The company did not announce a buyer, replacement operator, migration process, or another product that would continue its token issuance service.

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Tokens previously created through Printr will not disappear with the application. The team explained that each issued token is an independent on-chain asset and is not owned or controlled by Printr, allowing the contracts and balances to remain on their respective networks.

Continued on-chain existence, however, is separate from access to Printr’s interface. Holders may need blockchain explorers, self-custody wallets, or decentralized trading services that support the relevant chain and token contract after the application becomes unavailable.

The company also ruled out a token generation event and an airdrop after the shutdown. Printr users who accumulated points, used the platform, or expected a future distribution will therefore not receive a project token through either route.

No claim page will be opened for such a distribution under the published plan. Users should rely on Printr’s verified channels while the wind-down remains active, particularly because false claim links can seek wallet approvals or private information from communities affected by a project closure.

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A similar warning appeared when decentralized exchange aggregator Odos ended its services in July. As earlier closure coverage reported, Odos told users that it would not open a migration page, claim portal, or airdrop during its shutdown and warned that messages offering such services were scams.

Printr raised $4.5 million before closing

The closure comes less than a year after Printr announced a $2 million seed extension that took its reported funding to $4.5 million. An October 2025 funding report listed Printr’s $2 million round among that week’s crypto investments.

Printr had previously raised $2.5 million in a pre-seed round in January 2025. Crypto.news reported the financing at the time alongside other investments in blockchain infrastructure, trading, and yield platforms.

Sfermion, Draper Dragon, Bitscale, Hermeneutic, the Sui Foundation, the Axelar Foundation, and the Flow Foundation participated in the earlier round, according to the funding announcement. Printr, later named Mantle EcoFund, Mirana Ventures, L1D, Sfermion, and Flowdesk among the backers of its $2 million extension, alongside angel investors linked to LayerZero and crypto trading communities.

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At its October 2025 product launch, Printr presented itself as a chain-abstracted platform that allowed creators to issue tokens across multiple networks. Supported ecosystems included Ethereum, Solana, Base, BNB Chain, Mantle, and Sui, while Axelar and LayerZero supplied cross-chain infrastructure.

The service combined token creation with cross-chain swaps and bridging tools. Printr also offered a points and rewards program for creators, traders, and users who brought referrals to the platform.

Bybit Venture Studio incubated the project, while Printr announced partnerships with Mantle and Byreal when the product launched. Despite those funding rounds and relationships, the shutdown notice said the company could not obtain enough new capital and distribution support to maintain operations.

Returned rewards may create U.S. tax records

For American users, the automatic return of principal to the same wallet may not carry the same tax treatment as newly claimed staking rewards. The Internal Revenue Service treats digital assets as property and says income received from staking activities is taxable.

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IRS guidance also requires taxpayers to keep records showing the date, quantity, and fair market value in U.S. dollars of digital assets received as income. Users whose pending rewards are claimed during Printr’s wind-down may therefore need transaction records showing when the assets reached their wallets and their value at that time.

Under the IRS instructions, transferring assets between wallets owned or controlled by the same person generally does not require a “Yes” answer to the digital-asset question by itself, unless crypto was used to pay a transaction fee. Receiving staking rewards is listed separately as reportable digital-asset activity.

Printr has not published country-specific instructions for the shutdown, so its Aug. 18 unstaking process and Aug. 20 support checkpoint apply according to the wallet-based timetable in its announcement. Another project facing closure, Step App, recently gave users a separate deadline to manage locked positions before services ended, with its shutdown schedule setting Aug. 21 as the final operating date and separate exchange withdrawal cutoffs for FITFI holders.

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