NEWS
Chip-stock bets lost $52 million in 10 minutes with Wall Street shut
The selling started on Binance, according to a review of the trades by David Jeong, chief executive of trading firm Tread.fi, who placed the first…
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Cysic crypto bridge halted after unauthorized minting
Chinese money-laundering suspect arrested in Bangkok
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Tether backs AIsa as strategic investor
AIsa said it had completed its seed extension round, with Tether and HIVEN joining as strategic investors. The round brings AIsa’s total funding to more…
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Circle defends USDC economics as stablecoin rivals court its partners with bigger cut
Stablecoin issuer Circle CRCL$82.25·Market Closed is defending its business model as Coinbase, its largest distribution partner, backs a rival that aims to give businesses more…
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Crypto Super PAC Fairshake Pours Millions More Into Defeating Sherrod Brown
In brief A new FEC filing shows Fairshake affiliate Defend American Jobs disclosed spending to oppose the Ohio Democrat has increased to about $46.66 million—the…
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Goldman Sachs, Wells Fargo, Morgan Stanley see tokenization as a growth play, not a threat
Wells Fargo, meanwhile, is already processing cross-border payments using tokenized deposits, with money reaching beneficiary accounts in two minutes or less. “This is in production,…
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Crypto Firms Launch Quantum Alliance as 6 Million Bitcoin Sit Exposed
In brief Nine blockchain organizations launched the Quantum Alliance, an open standards body to define what “quantum-ready” means and create a common way to test…
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Chinese Startup StepFun Launches a Phone Built Around an AI Agent, Not Apps
In brief StepFun launched the STEPX Neo on Oct. 13, a 3,999-yuan phone, about $560, running its Step AOS 1.0 operating system with a built-in…
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Citrini predicts RWA tokenization boom. The harder question is who profits
That isn’t as obvious as it sounds. Citrini argued that tokenization could lift the broader crypto ecosystem, but more assets moving onchain doesn’t automatically make…
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Polygon Labs completes Coinme acquisition to challenge Visa and Stripe in global payments
Still, the company is a long way from providing serious competition to the incumbents. Visa’s payments volume in fiscal 2025 topped $12.3 trillion, while Stripe…
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TokenMaxxing: How to Get the Most Out of Your AI Models
In brief Anthropic’s and OpenAI’s top models cost 100 times more per token than their smallest ones, yet many users default to the flagship for…
