OKX limits Claude access as AI spending hits $8M monthly
OKX restricted employees in Hong Kong and staff traveling through mainland China from using Anthropic’s Claude model after its enterprise account was briefly suspended in...
Tag : spending
Crypto card spending jumps 2.5x to $759m in July
Crypto payment card spending has jumped 2.5 times from a year earlier to reach $759 million in July, supported by nearly 9 million purchases settled...
SpaceX stock falls 11% as AI spending hits $15.8B
SpaceX stock fell as much as 11% on Wednesday after record AI investment, and an approaching share unlock overshadowed the company’s stronger-than-expected second-quarter revenue. Summary...
Crypto PAC spending tops $2M in Michigan House race
A crypto industry-aligned political action committee has pushed its spending above $2 million in Michigan’s 13th Congressional District, according to final-week Federal Election Commission disclosures. ...
Freehand raises $75M to automate enterprise supply-chain spending
Freehand has raised $75 million to expand AI agents that handle invoices, supplier negotiations, payments, and other supply-chain tasks for large companies. Summary Battery Ventures...
This Is How Much Your Boyfriend Is Spending on AI Girlfriends
In brief NSFW and romantic AI companion apps have generated $427.3 million in consumer spending worldwide, according to Appfigures Intelligence. The category includes 214 apps...
Ripple-backed PACs fuel record $189M crypto election spending
The crypto industry has contributed $189 million to the 2026 U.S. election cycle so far, pushing political spending beyond 2024 levels months before voters head...
MetaMask launches stablecoin yield account with card spending
MetaMask, a self-custodial wallet developed by Consensys, is launching a new product that it says lets users earn yield on its MetaMask USD (mUSD) stablecoin...
'47 Ronin' Director Gets 30 Months for Spending Netflix's $11M on Dogecoin
In brief Director Carl Rinsch was sentenced Monday to 30 months in prison for defrauding Netflix of $11 million meant to finish a sci-fi series...
Excessive AI spending risks global financial consequences, BIS warns
The Bank for International Settlements has warned that artificial intelligence “exuberance” could have major financial consequences, as heavy reliance on debt financing in AI ventures...