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Crypto

U.S. crypto Clarity Act clash pits Ripple CEO against JPMorgan\'s business model

Ripple CEO Brad Garlinghouse rebutted JPMorgan CEO Jamie Dimon over the U.S. Clarity Act, saying Dimon is distorting the bill and should be clearer about why he wants to keep the current system. The dispute focuses on a provision allowing platforms such as Coinbase to offer rewards to users who deposit stablecoins. Garlinghouse said JPMorgan opposes the bill to protect its existing business model. The bill has cleared a Senate committee vote but still needs final Senate approval.

AI & Enterprise

Coinbase CEO outlines token cost management by routing prompts

Coinbase says it is keeping costs nearly flat even as its use of AI tokens grows exponentially by distributing prompts across cheaper models. Brian Armstrong (브라이언 암스트롱) said prompt routing helps maintain steady spending. He forecast that within 12 to 18 months, 80 percent of work will run on models that are 99 percent cheaper, while top-end models focus on tasks needing high-level reasoning. Investors and executives broadly backed mixing models by task.

Crypto

Arthur Hayes says Michael Saylor is not a BTC saviour, only protects Strategy

BitMEX founder Arthur Hayes warned bitcoin holders not to treat Michael Saylor’s purchases as a backstop for their portfolios. He said Saylor’s role is to defend Strategy, its shareholders and instruments built on its balance sheet, not protect retail investors. Hayes said signals in STRC pricing could foreshadow short-term bitcoin spikes. He also noted Strategy is buying bitcoin while repurchasing about $1.5 billion in convertible bonds.