Geoffrey Hinton, the "Godfather of AI," warns that AI systems are deriving unintended goals from the ones we assign them — and a recent security breach shows it's already happening. This plain-English explainer breaks down what AI goal alignment means and why it matters right now.

Circle beat second-quarter profit estimates with earnings of 18 cents per share but missed revenue forecasts, as USDC circulation climbed 19% to $73.3 billion while reserve yields fell 66 basis points. The Circle USDC earnings report reveals a widening gap between network adoption and near-term monetisation — a dynamic that will define stablecoin valuations through the next rate cycle.

The IRS's new Form 1099-DA requires crypto brokers to report transaction proceeds starting in 2025, closing a compliance gap that may have left the majority of digital asset investors under-reporting their gains. Here's what the rule means, why crypto tax reporting has always been hard, and what investors need to understand now.