The co-founder of the venture capital giant Andreessen Horowitz (a16z) says AI is making it harder than ever to verify identity, proving that blockchain infrastructure is no longer optional. In a new interview with Alex Rampell, Ben Horowitz says AI is creating an identity crisis that will touch every corner of digital life, from social media and dating apps to video calls and government payments. According to Horowitz, crypto is in a unique position to solve the problems created by AI. “So I do think it starts with the problems that AI causes… First is just, are you a human…
Author: Henry Kanapi
Henry Kanapi
Henry Kanapi is a journalist and editor covering the intersection of artificial intelligence, financial markets, and technology disruption. He has sourced, written, and edited thousands of stories on crypto, banking, and macroeconomics as Senior Editor at The Daily Hodl, where he helped shape coverage for an audience of over two million monthly readers. At CapitalAI Daily, Henry brings a decade of newsroom experience to fast-paced reporting on AI breakthroughs, market shifts, fraud cases, and regulatory battles. His focus is on accuracy, clarity, and exposing how money moves in the age of artificial intelligence. Henry’s work has been cited by leading financial outlets, investment firms, and research communities tracking the future of markets. He is committed to a high editorial standard rooted in transparency and trust.
A new financial industry survey shows that payment fraud remains a persistent and growing threat to US firms, but only a few are using the best tool to stop it. In its 2026 AFP Payments Fraud and Control Survey Report, the Association for Financial Professionals finds that 76% of firms in the US experienced attempted or actual payments fraud last year. The survey, which was underwritten by Truist Bank to poll 465 treasury practitioners representing US organizations of varying sizes and industries, also finds that about three-quarters of businesses were impacted by business email compromise (BEC) last year. Even though…
A new study is raising fresh concerns about what happens to the human brain when it leans too heavily on AI, and the findings are striking for how quickly the damage begins. In the study, titled AI Assistance Reduces Persistence and Hurts Independent Performance, researchers from MIT, the University of Oxford, Carnegie Mellon University and UCLA conducted a series of randomized controlled trials involving 1,222 participants across a variety of tasks, including math and reading comprehension. They find that while AI helps make people perform better in the moment, it makes them significantly worse at solving problems on their own and…
Goldman Sachs has filed with the Securities and Exchange Commission (SEC) for a new fund that would give investors exposure to Bitcoin (BTC), but with significantly less volatility and a built-in income stream. In a Form N-1A Registration Statement, the bank says its Goldman Sachs Bitcoin Premium Income ETF will invest at least 80% of its net assets in investments that provide exposure to Bitcoin. Rather than holding Bitcoin directly, the fund will purchase shares of Spot Bitcoin ETPs, or exchange-traded products that track the real-time spot price of Bitcoin and trade on regulated securities exchanges. The fund will also…
A veteran Wall Street investor and market strategist is making a bold call on Bitcoin (BTC), going as far as to stake his reputation on it. In a new CNBC interview, former Morgan Stanley managing director Jordan Visser says he expects the largest cryptocurrency by market cap to soar to much higher levels the next time he appears on the program. “I’ll put my neck out on the line here and say the next time I see you, Bitcoin will be significantly higher.” Visser says his conviction is based on three converging factors, creating a rare alignment that will likely power…
Billionaire venture capitalist Chamath Palihapitiya says AI is permanently altering how stocks are valued, and that investors who ignore the shift do so at their own peril. In a new post on X, Palihapitiya reacts to new Morgan Stanley data showing that the S&P 500’s price-to-earnings multiple has fallen 18%, even as forward earnings growth trends higher. While some analysts interpret the divergence as a bullish signal, suggesting that stocks are undervalued, Palihapitiya believes the combination indicates that the market is now less willing to pay a premium for future profits. “I struggle to see a transient explanation — meaning…
JPMorgan Chase CEO Jamie Dimon says the US is on a solid footing, boosted by more than $1 trillion in combined economic tailwinds. In JPMorgan Chase’s first-quarter 2026 earnings press release, Dimon says the US economy remains strong despite mounting uncertainties from multiple fronts. “The US economy remained resilient in the quarter, with consumers still earning and spending and businesses still healthy. Several tailwinds are supporting this resiliency, including increased fiscal stimulus, the benefits of deregulation, AI-driven capital investment and the Fed’s asset purchases.” In his Annual Letter to Shareholders, Dimon put specific figures behind each tailwind. Looking at fiscal…
Ed Yardeni, president of Yardeni Research, doubles down on his call that the recent equity sell-off has run its course, and those who are waiting for much lower levels will likely be disappointed. In a new CNBC interview, Yardeni points to a specific date as the turning point for US equities. He also says the upcoming earnings season will confirm the resilience of both corporate profits and the broader US economy. “The March 30th low, I think, was it for this pullback. It turned out to be a correction for the NASDAQ, but not for the S&P 500. But, you know,…
Digital asset analytics firm Santiment says crypto whales just added billions of dollars in Bitcoin to their holdings. In a new post on X, Santiment says Bitcoin whales, or those owning 1,000 to 10,000 BTC, now hold the most coins in nearly two months, as the largest crypto asset now trades above $74,000. The firm also says the cohort abruptly accumulated tens of thousands of BTC ahead of the rally. “Whales holding between 1K-10K Bitcoin now hold over 4.25M BTC (21.3% of the supply). This is the most coins they’ve held since mid-February. The 27,652 BTC added Sunday equates to…
A new internal memo from OpenAI’s top revenue executive shows that the ChatGPT creator is escalating its rivalry with Anthropic. Denise Dresser, the newly appointed OpenAI revenue chief, told staff in a Sunday memo that Anthropic’s reported $30 billion run-rate revenue overstates the company’s actual business performance, CNBC reports. Dresser says the figure is inflated by roughly $8 billion because of how Anthropic accounts for revenue shared with cloud partners. “They use accounting treatment that makes revenue look bigger than it is, including grossing up rev share with Amazon and Google.” She contrasts the approach with OpenAI’s own treatment of…