Chinas DeepSeek Upgrades V4 Pro: Claude Fable Is Only 5% Better at 4,500% the Price

In briefDeepSeek quietly swapped deepseek-v4-pro to the 0813 build, the general-availability release of a model that had been running as a preview since April.Across nine agent benchmarks where both models are scored, DeepSeeks table puts Claude Fable 5 ahead by an average of 5.3%. On two of them, DeepSeek wins.Fable 5 costs $10 per million input tokens and $50 per million output. V4 Pro costs $0.435 and $0.87.  DeepSeek shipped the finished version of its flagship on Wednesday with no blog post and no announcement. The tell was a table cell: the model version listed for “deepseek-v4-pro” on the API pricing page now reads DeepSeek-V4-Pro-0813.  The cost to use this model is around $0.435 and $0.87 per million tokens (the basic unit of information a model can handle) of input and output. So the pricing structure remains the same, but what changed is the weights underneath.  Deepseek V4 Pro has been in the wild since April, priced 98% below GPT-5 Pro, and every independent lab that tested it was testing a preview. DeepSeek said so itself on July 31, when it pushed V4-Flash to general availability and noted that the Pro API was “unchanged” with the official release to “follow soon.” The model

2 دن پہلےانڈسٹری

US-UK crypto pact sets direction, not binding rules

The United States and the United Kingdom have issued 10 recommendations for stablecoins, tokenized securities, and cross-border finance, although the proposals have not created enforceable rules.  SummaryTen recommendationscover digital assets, capital markets, and cooperation between U.S. and UK regulators.A proposed one-year industry groupwould test cross-border uses for tokenized financial assets.Both governments want a pathway for regulated stablecoinsto enter each others markets.Frank Hepworth said the recommendations produce very little immediate market impactwithout domestic rules.  The Transatlantic Taskforce for Markets of the Future published the recommendations on July 14, setting priorities for cooperation between two of the world‘s largest financial centers without replacing either country’s regulatory process.  Established in September 2025 by U.S. Treasury Secretary Scott Bessent and UK Chancellor Rachel Reeves, the task force brought together officials from the Treasury departments, the Federal Reserve, the Securities and Exchange Commission, the Commodity Futures Trading Commission, the Bank of England, and the Financial Conduct Authority.  Five recommendations deal with digital assets. The remaining five address capital raising, foreign issuer requirements, consolidated market data, swap-trading supervision, and international accounting standards.  You might also like:  US, UK deepen stablecoin talks after GENIUS Act  New Market Trading CEO Frank Hepworth told crypto.news that the cooperation responds to a basic conflict between global digital

2 دن پہلےانڈسٹری

SpaceXAI Wants Grok Bot to Do Your Job—But It Needs Access to Your Accounts

In briefGrok Bot completes tasks across apps, websites, and inboxes.According to SpaceXAI, multiple bots can communicate, share context, and divide work.The service requires access to workplace accounts and potentially sensitive company data.  Elon Musks SpaceXAI is joining the race to build AI agents that can navigate software and complete work for users.  Launched on Tuesday for Windows and iOS, Grok Bot operates through a cloud-based computer that allows it to sign into workplace tools, navigate websites, and manage email inboxes. According to SpaceXAI, users can assign tasks in plain English rather than building automated workflows, leaving Grok Bot to handle the rest.  “They finish jobs end to end, and only come back when something needs your approval,” SpaceXAI said in a statement.  Grok Bot is part of a shift in the AI industry toward “agentic AI”—bots that can perform tasks for users instead of just generating text or answering questions. SpaceXAI is joining a field already dominated by projects like OpenClaw and Hermes Agent, while OpenAI, Meta, and Anthropic are investing heavily in making their respective chatbots more autonomous.  Watching, learning, and delegating  According to SpaceXAI, users can run multiple bots that coordinate tasks, share context, with one bot overseeing the other agents.  “You can message them

2 دن پہلےانڈسٹری

Kalshi launches sports and crypto perps data feed on DoubleZero

Prediction market Kalshi‘s live order book is now available through data provider DoubleZero Edge’s dedicated fiber network, the two companies said in a Wednesday announcement shared with Cointelegraph.  Kalshi said this makes it the first prediction market to distribute its real-time order book data on sports and crypto perpetuals event contracts, which will be available to new DoubleZero Edge subscribers.  Users looking for a machine-readable view of prediction market data can access these capabilities via the dedicated feed, instead of building this infrastructure from order books and application programming interface (API) responses themselves.  Data access is a “critical part” of market structure, but related infrastructure has been missing from new financial paradigms such as crypto, perpetuals and prediction markets, said Austin Federa, co-founder of DoubleZero, adding that this initiative will bring institutional-grade infrastructure to industry participants.  Sports ranks as the second-largest category on Kalshi with 37.8% of weekly notional volume, followed by crypto in third place, at 20.3%. Exotics ranked first, accounting for 39.4% of Kalshis weekly notional trading volume, according to Dune data.  In early July, OpenAI started displaying Kalshis prediction market odds for FIFA World Cup matches in ChatGPT search results.  Kalshi‘s sports event contracts are at the center of a jurisdictional dispute between

2 دن پہلےانڈسٹری

Kraken adds S&P 500 to funded trading program, commodities to follow

US-based crypto exchange Kraken has added an S&P 500 perpetual product to its proprietary trading program, giving funded traders round-the-clock exposure to the US equity benchmark.  According to a company blog post on Wednesday, the product is structured as a perpetual priced off an index oracle tracking the S&P 500, rather than a standardized futures contract, meaning it has no expiration date or rollover requirement.  The S&P 500 joins the Nasdaq 100 as the second traditional market available through Kraken Prop, with the company planning to add commodities as part of a broader multi-asset rollout. Traders can access the S&P 500 market across Kraken Props evaluation and funded accounts with up to 5x leverage and a maximum notional exposure of $1 million, according to the company.  Kraken Prop allows traders to purchase an evaluation and, if they meet the programs requirements, qualify to trade with Kraken capital. Evaluation plans start at $20, with funded account sizes ranging from $5,000 to $200,000.  The launch follows Kraken‘s move in July to offer retail investors access to Jersey Mike’s initial public offering through direct share allocations in the US and tokenized shares in more than 110 countries, as the exchange continues to expand its traditional financial products.  Magazine:

2 دن پہلےانڈسٹری

Ethereum staking climbs to 34% as proposal targets validator rewards and ETH treasury firm yields

Quick TakeResearchers recently filed EIP-8361, a “tapered issuance burn” that destroys a growing share of validator rewards as the staking ratio rises.The following is an excerpt from The Blocks Data and Insights weekly newsletter.  The share of ETH supply staked has climbed to 34%, up from about 29% at the start of the year. With staked supply reaching one-third of total Ethereum (ETH), there have been questions regarding the sustainability of native yield on Ethereum.  On Aug. 4, researchers including Ethereum Foundations Justin Drake filed EIP-8361, a “tapered issuance burn” that destroys a growing share of validator rewards as the staking ratio rises. The burn hits 100% at half of the current supply, zeroing out net issuance for validators past that point.  At todays roughly one-third staking ratio, the authors own modeling puts annual consensus yield falling from about 2.6% to 1.2%, phased in over 18 months rather than all at once.  The current issuance mode never fully switches off the marginal incentive to stake more, and the authors argue that pulls in centralized operators, exchanges and custodians at the expense of solo validators and non-staking holders who get diluted regardless.  While this would impact all stakeholders, ETH treasury companies like Bitmine (BMNR) and Sharplink

2 دن پہلےانڈسٹری

Kalshi taps DoubleZero for Wall Street-style high-speed data feed

SummaryKalshi‘s order book is adding Solana-based DoubleZero’s low-latency market data feed to meet institutional demand.The DoubleZero Foundation described DoubleZeroEdge as a transport layer, sending live exchange and onchain data over dedicated fiber, distributing it simultaneously to all connected traders.The model has underpinned traditional financial exchanges, including NYSE, Nasdaq and the CME, for decades, the foundation said.  The growing presence of financial institutions in cryptocurrency brings with it increasing demand for Wall-Street style systems in digital asset markets, such as servers that offer split-second advantages when executing trades.  Kalshi is looking to meet that demand by adding Solana-based DoubleZeros low-latency market data feed to its prediction market order book.  The DoubleZero Foundation said this will provide trading firms with a machine-readable view of a prediction market for pricing, hedging and signal generation on Solana, one of the major layer-1 blockchains.  The foundation described DoubleZeroEdge as a transport layer, sending live exchange and onchain data over dedicated fiber, publishing the data and distributing it simultaneously to all connected traders.  In traditional finance (TradFi), institutions use specialized networks to access data at high speed, whereas in crypto, traders still largely rely on the internet. DoubleZero attempts to address that through a bespoke onchain system.  “This is the same distribution

2 دن پہلےانڈسٹری

Coldcard flaw exposed $116M self-custody risk: Gray

The Coldcard seed-generation failure has exposed about $116 million in Bitcoin to theft while renewing questions about how users verify the security of self-custody tools, according to TEXITcoin founder Bobby Gray.  SummaryAttackers have reportedly drained about 1,816 BTC worth $116 millionfrom more than 5,200 addresses.A firmware error left some Coldcard seeds with about 40 bits of entropyinstead of 128 bits.Gray said users who added independent dice-generated entropywere not affected by the reported attacks.Coinkite has released patched firmware, but existing vulnerable seeds require a complete wallet migration.  Bobby Gray, founder of TEXITcoin, told crypto.news that Coldcard users suffered losses because they trusted the hardware wallet to generate secure seed phrases without independently checking the source of randomness.  “Coldcard sat on a broken seed generator for five years, and it still cost people $116 million,” Gray said.  “Some of these wallets were generating seeds with as little as 40 bits of entropy instead of the 128 they promised.”  Gray said the lower entropy turned recovery phrases designed to resist brute-force attacks into targets that determined attackers could search without gaining physical access to the devices.  You might also like:  Coldcard temporarily halts customer data deletion over July exploit  Coldcard seed flaw weakened wallet security  Coldcard is a Bitcoin-only hardware wallet made

2 دن پہلےانڈسٹری

Goldman Sachs' $2.25B NEOS Deal Hands It Ready-Made Bitcoin Income ETF Business

In briefGoldman Sachs agreed to acquire NEOS Investments in a deal worth up to $2.25 billion, adding about $30 billion in options-based income ETFs—including one of the markets largest Bitcoin covered-call funds.The purchase gives Goldman a ready-made crypto income ETF business, a far faster path than its own April filing for a Bitcoin Premium ETF that some analysts saw as an attempt to leapfrog a similar BlackRock product.The move rides a boom in derivative-income ETFs—roughly $180 billion in assets and a 70%+ annual growth rate since 2021, per Morningstar—with crypto an increasingly prominent slice.  Goldman Sachs is buying its way into crypto income funds, striking a deal worth up to $2.25 billion to acquire NEOS Investments, the ETF specialist behind one of the markets largest Bitcoin covered-call products.  The Wall Street firm said Tuesday the cash-and-equity purchase, contingent on certain performance and service targets, will fold NEOSs roughly $30 billion in options-based income ETFs into Goldman Sachs Asset Management.  Myriad: Will the Clarity Act be signed into law in 2026? Click to make your prediction.  The deal is expected to close in the first quarter of 2027, pending regulatory approval. While the announcement centered on NEOSs broader derivative-income lineup rather than crypto, the acquisition

2 دن پہلےانڈسٹری

Hyperliquid Eyes US

Hyperliquid is turning its attention toward the U.S. market, according to a recent report by The Information.  The push comes at an important moment for the crypto industry. Hyperliquid has grown into one of the largest venues for crypto perpetual futures.  Crypto rewards platform  U.S. regulators are simultaneously trying to determine how derivatives, decentralized exchanges and other on-chain financial products should fit into a regulatory system largely designed around centralized intermediaries.  The question, therefore, is not simply whether Hyperliquid wants to enter the United States. It is whether the existing regulatory framework gives a decentralized protocol a workable way to do so.  U.S. prohibition?  In practical terms, Hyperliquids current trading interface is closed to U.S. users. The Hyperliquid blockchain itself has been declared illegal in the United States.  Hyperliquid is a permissionless blockchain. Its network and smart contracts are distinct from the website interface through which many users access the protocol.  Hyperliquids terms of use identify people and entities located in or resident in the United States as “Restricted Persons” and prohibit them from using the interface.  Perpetual futures are its most important product. In the U.S., derivatives markets are subject to an extensive regulatory framework that has been developed by the CFTC.  The Hyperliquid Policy Center has made precisely

2 دن پہلےانڈسٹری
1
...
1820
...
1000