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AI has been a ‘net negative’ for crypto: Phemex CEO

Federico Variola says AI has diverted capital from crypto and is empowering attackers, while rising cybersecurity costs could push the industry toward greater centralization.

Cointelegraph · Sep 16, 2026
RegulationNeutral

Bitcoin ETFs shed $450M in biggest outflow since June

The $450 million withdrawal came as Bitcoin fell 2.5% and the CLARITY Act failed to advance in the Senate, with Fidelity and BlackRock funds leading the outflows.

$BTC
Cointelegraph · Sep 16, 2026
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