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U.S. senators seek to block foreign adversaries from AI technology in new bill
Senators Tim Scott and Bill Hagerty, who managed to push the crypto GENIUS Act into law, introduced the bill to give …
Phantom doubles down on perpetual futures with hire of Hyperliquid market builders
The crypto wallet is doubling down on perpetual futures after hiring the builders behind one of Hyperliquid's highest…
Anthropic's Claude Sonnet 5 Closes In on Opus 4.8 at a Fraction of the Price
Anthropic's new mid-tier model Claude Sonnet 5 arrives as Fable and Mythos sit boxed up under a U.S. export order.
Companies spending the most on AI are growing jobs, Ramp study finds
A new study from Ramp found companies making the biggest investments in AI are expanding their workforces, with heavy…
Why OpenUSD's 'real threat' that tanked Circle stock still faces a steep uphill battle for adoption
The Stripe- and Coinbase-backed stablecoin consortium can challenge Circle's business model, but analysts say buildin…
OKX AI unveils marketplace for agents to find work and get paid in stablecoins
“Think Upwork for Agents with our fintech infrastructure and 150M scale in the background," an OKX rep said.
Circle slides 13% as Stripe, Coinbase and BlackRock back rival stablecoin network
Open Standard's Open USD aims to let partners keep reserve income and eliminate minting fees, challenging Circle's USDC.
Ripple bets XRPL lending can give XRP a future beyond payments as price struggles
Ripple is trying to move the XRP Ledger (XRPL) deeper into institutional credit, a push that could expand the network…
New York Life makes first tokenized move partnering with Centrifuge on high-yield corporate bond strategy
The tokenized fund will enable eligible investors to access NYLIM’s established institutional high-yield strategy.
New York Life makes tokenization debut with onchain high-yield bond fund with Centrifuge
The $807 billion asset manager is bringing a high-yield corporate bond strategy onto blockchain with Centrifuge as Wa…
Will UK traders lose crypto exchange access after MiCA’s July 1 deadline?
The EU deadline is not a direct UK cutoff, but account entity and platform notices still matter. The post Will UK tra…
Securitize heads to NYSE debut after investors approve SPAC merger
The tokenization firm is expected to begin trading on the NYSE on Thursday, becoming one of the first publicly traded…
Ornith Is the Open-Source Coding Model Built for Agents, Not Humans
A new model built by DeepReinforce is meant for developers who want AI that finishes the job, not just autocompletes …
China Has Its Own Mythos Now, Says Qihoo 360 Founder. And One Version Is Free
Qihoo 360 unveiled a homegrown vulnerability-hunting AI this week—and Z.ai went further, releasing comparable capab…
Meta Unveils New Tech That Uses AI to Translate Brain Activity Into Text—Without Surgery
Meta says its latest Brain2Qwerty system translates brain activity into sentences using non-invasive brain recordings…
Bitcoin lending is entering a new institutional era, according to Silicon Valley Bank
The bank said bitcoin lending has emerged from the 2022 crypto credit collapse with stronger risk controls, growing i…
California Strikes Deal With Anthropic to Bring Claude AI to State Agencies
Anthropic’s agreement makes Claude the first AI tool available to all state agencies and local governments, at half…
Binance founder CZ says MiCA application was ‘fully compliant’ and near approval before political forces intervened
Binance founder CZ says the exchange's EU MiCA application was close to approval before unnamed political forces weig…
J.P. Morgan broadens blockchain settlement network as banks modernize cross-border payments
The bank added five Asia-Pacific currencies to its Kinexys blockchain platform, allowing institutional clients to set…
MiCA July 1 deadline could leave 10 million crypto users searching for a new platform in the EU
As MiCA takes full effect on July 1, SwissBorg's Alex Fazel told CoinDesk users should choose platforms built to with…
Wall Street's BNY expands stablecoin services for institutions, starting with Circle's USDC
The world's largest custody bank is adding USDC custody and minting services as stablecoins move deeper into traditio…
Ukraine transfers $8.3 million in seized crypto amid potential plans for strategic reserve
The funds were seized during an investigation into an international hacker group accused of laundering proceeds from …
BlackRock pushes deeper into DeFi with Ethena integration, sending ENA up 8%
The deal gives institutional clients of BlackRock's Aladdin access to Ethena's yield-generating token and liquidity f…
Bernstein says prediction-market infrastructure rush could spark wave of M&A across consumer platforms
Bernstein said DraftKings' DKeX launch keeps prediction-market revenue in-house as consolidation reshapes trading and…
Kalshi and Polymarket could become M&A targets as prediction markets consolidate: Bernstein
The broker said operational consolidation is blurring the lines between exchanges, brokerages and sportsbooks, creati…
Tom Lee blames crypto weakness on quarter-end 'window dressing' as Bitmine adds another $43 million of ETH
Bitmine made its smallest purchase since early May as Lee pointed to investors cutting losses before the start of the…
JPMorgan sees limited institutional demand for perpetual futures
The bank said institutional demand for perpetual futures remains muted, with the products better suited to speculativ…
FundBank becomes IRACE Digital in bid to bridge traditional finance and crypto
The institutional banking provider is expanding into digital asset custody, liquidity and execution services as forme…
Samsung and SK Hynix Announce Up to $650 Billion AI and Chip Investment Plan
Samsung and SK Hynix unveiled a long-term investment plan of up to 1,000 trillion won ($650 billion) to expand semic…
Crypto exchange BitMEX removes CEO, CFO and head of growth
The firm’s global general counsel, Peter Wilkinson, has taken over as CEO from Stephan Lutz.