NYSE advances onchain settlement for tokenized securities
NYSE President Lynn Martin says the exchange is advancing onchain settlement for tokenized securities after joining DTC’s July pilot.
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US Export Control Meant to Cripple China’s AI. But They Created Its Most Valuable Company
When Washington blocked China from buying advanced chips, the goal was to slow Beijing’s AI ambitions. It may have accelerated them instead. CXMT Corp, a memory chipmaker once dependent on foreign technology, debuted on Shanghai’s STAR Market last month and…
BTC, ETH, XRP Whales Step Up Accumulation as CryptoQuant Sees the Bear Market Nearing Its End
The firm said whale accumulation near realized prices aligns with the late stage of a bear market.
Cathie Wood Says Open Source AI Is Making OpenAI and Anthropic Richer, Not Poorer
The common view says open-weight AI is bad news for frontier labs like OpenAI and Anthropic. ARK Invest’s Cathie Wood argues the opposite. An open-weight AI model is one in which the creator releases the underlying parameters publicly. It allows…
Crypto’s first quantum attack will look like unexplained breach: Quantus founder
Bad actors with access to a cryptography-breaking quantum computer probably won’t try to announce it to the world by hacking Satoshi Nakamoto’s high-profile Bitcoin wallets, crypto executives say.
Asia Stocks Climb and Rate Bets Ease. Now Comes Wednesday’s CPI Test
Asian stocks edged higher Monday and the probability of a September US rate hike dropped sharply, giving global markets room to extend last week’s record run. The calm has one clear expiry date: Wednesday’s inflation report. Japan’s Nikkei and South…
Airbnb’s CEO Says AI Is ‘The Best Thing’ to Happen to It. Stock Jumps 17%
Airbnb stock hit a four-year high on Friday, gaining 17% after its CEO made one of the clearest corporate arguments yet for what AI can actually deliver. Brian Chesky did not just claim AI mattered: he showed investors the number.…
Investors poured $82 million into Canary’s XRP ETF, but falling prices erased double what they put in
Unrealized XRP depreciation erased nearly twice the value added by net capital-share activity as token holdings rose 31.7%.
BIP-110 ends with a whimper, CLARITY vote punted: Hodler’s Digest, Aug. 9
BIP-110 forks itself into oblivion with a “2-block chain” and CLARITY will finally get a Senate vote in September. The odds say that vote will be a No.
Ex-US defense secretary calls CLARITY Act a ‘national security bill’
Former US Defense Secretary Mark Esper says the CLARITY Act is not merely a financial services bill, its a national security one.
In just 190 seconds, Grayscale quietly pulled the plug on three major altcoin ETFs
Cardano, Hedera and Polkadot registration withdrawals gave no reason for the retreat, while five other Grayscale altcoin filings remained preliminary.
A pre-revenue AI crypto startup funneled $12 million into EV as bad crypto trades erased 97% of cash in six months
The pre-revenue company ended June with $577,328 in cash while its RoboShare pilot and discounted equity facility remained conditional.