General crypto and blockchain news that spans multiple categories.
The future of crypto payments won't include on-ramps or bridges, Fun CEO says
# Fun CEO: Crypto Payments Are Moving Beyond Fragmented Rails Alex Fine, CEO of Fun, argues the infrastructure powering crypto transactions is enteri…
Morgan Stanley Upgrades South Korea Stocks After 30% KOSPI Crash
Morgan Stanley upgraded South Korea equities to overweight after the KOSPI index crashed roughly 30%, signaling a technical washout in leveraged posit…
As Earnings Season Peaks, Jim Cramer Highlights These 10 Rules for Investing
Jim Cramer laid out ten investment rules as second quarter earnings season reached its peak, offering guidance rooted in traditional market mechanics …
How Interactive Strength erased a $50M FET token bet and sent common shareholders to the back of the line
Interactive Strength eliminated a $50 million bet on FET tokens, restructuring its balance sheet in a move that subordinates common shareholders to cr…
The More Americans Know About AI, the Less They Like It: Gallup
Americans' sentiment toward artificial intelligence has deteriorated as public understanding deepens, according to fresh Gallup research. Skepticism n…
XDC AI and the Rise of Agentic Finance: When AI Agents Learn to Pay
AI agents now operate autonomous financial transactions without human intermediaries, forcing blockchain networks to evolve their payment rails. XDC N…
Pi Coin Defies Market Trend Before Key Deadline: Will the 10% Bounce Hold?
Pi Coin surged 8% while the broader crypto market declined, bucking the prevailing downtrend. The gain comes ahead of a key deadline tied to the Proto…
CZ Says Bear Market Money is Hunting, Social Capital Founder Says Skip AI Chips
Changpeng Zhao, former Binance CEO, says capital currently hunts aggressively during the bear market cycle. He frames this as a natural market dynamic…
Tether’s excess reserves fall by more than $4 billion amid weaker Q2 financial results
Tether's profitability collapsed in Q2 2024. The stablecoin issuer earned $1.5 billion in net operating profit, down sharply from $4.9 billion in Q2 2…
Pump.fun laid off workers before they received millions in PUMP tokens: Report
Pump.fun laid off workers before the company distributed millions of PUMP tokens to employees, according to reports. Co-founder Noah Tweedale cited ra…
Pump.fun Layoffs Spark Fury After Workers Miss Million-Dollar Token Payouts
Pump.fun terminated employees weeks before their token allocations vested, costing workers millions in PUMP holdings that would have unlocked shortly …
Wall Street Rushes to Raise Amazon Targets After 15% Post-Earnings Stock Surge
Amazon stock surged 15% in a single trading session following earnings that revealed AWS revenue growth accelerating to 37 percent year-over-year. The…
Consensus Is the Last Middleman: The Case for Quantum Money
Quantum money represents a fundamental shift in how we think about currency and trust. Unlike traditional cash that relies on physical properties to p…
Global banks test tokenized money for cross-border payments in $1 million BIS pilot
JPMorgan, Citi, UBS, and 25 other global banks completed a live pilot moving real money across borders using tokenized central bank digital currencies…
Crypto for Advisors: Is the Clarity Act dead?
# Crypto for Advisors: Is the Clarity Act Dead? The Financial Innovation and Cryptocurrency Responsibility Act, known as the Clarity Act, faces an un…
Crypto’s next altseason may have fewer winners: Wintermute
Wintermute's latest data reveals a consolidation trend reshaping altseason dynamics. Institutional investors drove 72% of the firm's spot over-the-cou…
SK Hynix Trader Turns $2.26M Loss Into $6.44M Profit on Earnings Spike
A whale trader tracked by Lookonchain converted a $2.26 million loss into a $6.44 million profit on SK Hynix perpetual futures (SKHX perp) following a…
KOSPI Snaps Back 15% as Asia’s AI Chip Rally Returns
South Korea's KOSPI index rebounded sharply with a 15% surge on Friday morning, erasing losses from circuit breaker halts that triggered on Tuesday an…
Luno cuts 20% of staff as crypto layoffs spread across 12 firms in July
Luno, the cryptocurrency exchange and wallet platform, slashed its workforce by 20 percent in July as part of a broader industry contraction hitting a…
US arbitration giant launches specialist panel for crypto disputes
The American Arbitration Association launched a specialized panel dedicated to resolving cryptocurrency and blockchain disputes. The new Web3 Panel as…
Microsoft Quietly Adds New Windows App That Wants to Scan Your Face
Microsoft has begun rolling out a new OneDrive Photos app on Windows 11 machines, bundling AI-powered search capabilities alongside an optional facial…
Pi Network Begins Ninth Protocol Upgrade Ahead of Final Version 27
Pi Network's core team launched Protocol 26, marking the ninth upgrade in the project's roadmap toward mainnet finalization. Node operators face an Au…
The Fed Decided to Do Nothing and That Decision Backfired: Here’s Why
The Federal Reserve's decision to hold rates steady triggered a sharp selloff in bonds, with the 30-year Treasury yield spiking to levels unseen since…
Ondo drops tokenized asset blockchain plans for private, high-speed trading network
Ondo Finance has pivoted away from building a tokenized asset blockchain to instead develop a private, high-speed trading network designed for institu…
Markets Don’t Buy the US Ceasefire Against Iran Will Last
Prediction markets are pricing in heightened skepticism about US-Iran ceasefire stability. Polymarket's contract tracking a 14-day ceasefire duration …
Teacher Arrested for Clapping at AI Data Center Public Hearing
A Kansas teacher's arrest at a public hearing over an AI data center proposal signals escalating tension between crypto-adjacent infrastructure projec…
Apple Hits $5 Trillion Market Cap: Will Earnings Extend the Rally?
Apple breached the $5 trillion market capitalization milestone ahead of its earnings report, marking a historic valuation peak for the tech giant. The…
Elon Musk: Humans Will Lose Control of AI Within a Decade
Elon Musk warned that humans will lose control of artificial intelligence within a decade, citing the breakneck pace of AI advancement. The SpaceX fou…
OpenAI’s GPT-6 Will Arrive by September, Markets Predict
Prediction market traders are positioning for OpenAI's GPT-6 launch by September, driving significant volume on Polymarket and Myriad Markets. The bet…
Searchable NYC Property Database Puts Wealthy Residents at Risk, Critics Warn
# NYC Property Database Raises Privacy Concerns for Wealthy Residents A searchable database aggregating New York City's public property assessment re…
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General context
General crypto and blockchain news that spans multiple categories.