FTX’s crypto mining venture is now used to advance AI
The investment company SWI Group has raised about $900 million in capital as part of plans to scale its data...
Cryptocurrency
Meta’s New Muse Wonder Finally Puts Zuckerberg in the Frontier AI Race
In brief Meta released Muse Wonder and Muse Wonder Full on Monday, the first frontier-class models from Meta Superintelligence Labs,...
From GTA V on iPhone to Free Photoshop: This AI Tool Is Upending Software
In brief REA, an open-source toolkit that connects AI coding agents to reverse-engineering tools like Ghidra, went from under 10,000...
Solana Treasury Firm DeFi Development Keeps Buying SOL as CHAD Preferred Stock Hits Record
In brief DeFi Development Corp added about 22,070 SOL and SOL equivalents last week, lifting its treasury to roughly 2,586,282...
Crypto PACs report $2.7M spending blitz on House races as midterms loom
Affiliate entities of Fairshake, the US political action committee (PAC) funded largely by contributions from investment banking company Cantor Fitzgerald,...
US accounting overhaul could make stablecoins more attractive to corporations: Tempo
A new report from Stripe-backed blockchain Tempo argues that a proposed US accounting change could remove a major barrier to...
Ripple-Backed Evernorth Hits Nasdaq Holding 473 Million XRP Worth Far Less Than It Paid
In brief Evernorth began trading on Nasdaq under the ticker XRPN on Monday after closing its merger with SPAC Armada...
Bitcoin miners face widening AI financing costs as lenders scrutinize deals
Bitcoin mining companies expanding into artificial intelligence and high-performance computing face sharply different borrowing costs as lenders scrutinize large-scale data...
Bitcoin Spooked? Crypto Fear and Greed Index Drops to Pre-Rally August Lows
In brief The Crypto Fear and Greed Index fell to 56 (neutral) on Monday from 67 a week earlier and...
Ledger Says All Confirmed Cases in Suspected $87M Drain Tied to Reseller CryptoBilis
In brief Ledger said every confirmed case in last week's wallet-draining incident involves devices sold by Southeast Asian reseller CryptoBilis....