News

Companies · 1 month ago Veda CEO Highlights Key Management Risks in Onchain Vaults Over Smart Contract Bugs Sun Raghupathi, CEO of Veda, emphasizes that the primary risk in onchain vaults stems from key management rather than smart contract vulnerabilities, urging a shift in focus for DeFi users.

Mining · 1 month ago BIP-110 Fork Fails to Gain Support, Stalls After Two Blocks The BIP-110 fork experienced a significant setback as it stalled after producing only two blocks, failing to attract the necessary miner support for activation.

Funding · 1 month ago Strive Asset Management Expands Bitcoin Holdings to Over 20,000 BTC Strive has increased its Bitcoin holdings to 20,167 BTC after acquiring an additional 147 BTC, with a total value of approximately $1.3 billion.

Macro · 1 month ago Federal Reserve Establishes Task Force Led by Doug McMillon to Enhance Economic Data The Federal Reserve has appointed Doug McMillon to co-lead a new task force aimed at improving the quality and timeliness of economic data, signaling a shift under Chair Kevin Warsh.

Derivatives · 1 month ago Solstice Finance Launches strcUSX on Solana, Offering Unique Yield Opportunities Solstice Finance has introduced strcUSX, a tokenized product providing Solana users with on-chain exposure to STRC, a Nasdaq-listed perpetual preferred stock, marking a significant development in the DeFi landscape.

Regulation · 1 month ago Apple Lobbies for Chip Supply Amid AI-Driven Shortages and Regulatory Challenges Apple is lobbying U.S. regulators for permission to source memory chips from a blacklisted Chinese company, highlighting the ongoing semiconductor supply crisis exacerbated by AI demand.

Markets · 1 month ago Centrifuge Tokenizes Janus Henderson's AAA CLO Fund Across Multiple Blockchains Centrifuge has successfully tokenized the Janus Henderson Anemoy AAA CLO Fund, which manages approximately $689.9 million in assets across eight blockchain networks, enhancing access to traditional finance products.

Companies · 1 month ago Cloudflare Announces $2.18 Billion Convertible Senior Notes Offering Cloudflare plans to raise $2.18 billion through a private placement of convertible senior notes, targeting institutional buyers and continuing its trend of significant debt offerings.

Companies · 1 month ago Microsoft Partners with TSMC to Develop Custom AI Chips for Azure Microsoft is collaborating with TSMC to manufacture custom-designed AI chips, enhancing its Azure AI capabilities with the Maia series, including the newly deployed Maia 200.

Macro · 1 month ago Federal Reserve Governor Lisa Cook Faces Renewed Scrutiny Over Mortgage Allegations The White House is considering the removal of Federal Reserve Governor Lisa Cook amid allegations of mortgage misconduct, which she has denied as politically motivated.

Markets · 1 month ago Michael Saylor's Strategy Increases Cash Reserves to $4.65 Billion Through Asset Sales Michael Saylor's Strategy has raised its cash reserves to $4.65 billion by selling Bitcoin and MSTR shares, indicating a shift towards diversified capital management.

Macro · 1 month ago White House Adviser Highlights Yen Stability as Key to Preventing Financial Contagion Kevin Hassett, Director of the White House National Economic Council, emphasizes the importance of yen stability in averting financial contagion amid the currency's recent decline against the dollar.

Markets · 1 month ago Meta Launches Muse Spark 1.2 and Muse Glimmer AI Models Meta has unveiled Muse Spark 1.2, a powerful coding model, alongside Muse Glimmer, a lightweight AI model designed for local use.

Companies · 1 month ago Intel Files Shelf Registration for $15 Billion Common Stock Offering Intel has filed an automatic shelf registration statement with the SEC, enabling potential sales of common stock and other securities over the next three years, as it prepares to raise $15 billion.

Macro · 1 month ago US Sanctions Reveal $6.3 Billion Crypto Pipeline Between Iran and Russia Recent US sanctions have uncovered a significant $6.3 billion cryptocurrency network linking Iran and Russia, primarily facilitated by the platforms Shelbit and Aban Tether.

Companies · 1 month ago Unitree Robotics Plans $9 Billion IPO on Shanghai Stock Exchange Unitree Robotics, a leading Chinese humanoid robot manufacturer, is set to launch an IPO on the Shanghai Stock Exchange, aiming for a valuation of approximately $9 billion.

Adoption · 1 month ago Cloudflare CFO Predicts Non-Human Traffic to Outpace Human Traffic by 2026 Cloudflare's CFO Thomas Seifert forecasts that non-human traffic could exceed human traffic by 1,000-to-1 within five years, highlighting a significant shift in internet usage patterns.

Business · 1 month ago UEFA and Other Confederations Unite Against FIFA's $20B Subsidiary Plan UEFA, CONCACAF, and the AFC have jointly condemned FIFA President Gianni Infantino's proposal to create a subsidiary for the organization's revenue streams, leading to the plan's swift cancellation.

Markets · 1 month ago Senator Bernie Sanders Calls for AI Development Pause Amid Regulatory Concerns Senator Bernie Sanders has urged major AI firms OpenAI, Anthropic, and Meta to pause their development efforts, citing the need for regulatory measures. This push aligns with his proposed AI Data Center Moratorium Act.

Macro · 1 month ago South Korea Plans Military Airbase Relocation for Semiconductor Megacluster by 2028 South Korean President Lee Jae-myung aims to relocate the Gwangju Air Base to establish a massive semiconductor manufacturing hub, with initial production expected by 2030.