Asset administration agency Prestige Wealth Inc. introduced Friday that it has secured about $150 million in funding to create NASDAQ’s first Tether Gold Treasury, as a part of a broader plan to include tokenized gold into its reserve belongings. In a press release the agency additionally introduced plans to rebrand as Aurelion Inc. topic to…
The convergence of crypto and artificial intelligence (AI) is powering a number of real-world use cases. One of the most up-to-date examples of that is the rise of decentralized networks to coach AI fashions. Projects equivalent to Bittensor, Gensyn, SingularityNET, and others are at present proving how decentralized GPU compute energy can be utilized for…
Kalshi, a U.S.-licensed prediction market supervised by the Commodity Futures Trading Commission (CFTC), has secured $300 million in contemporary capital, bringing its valuation to $5 billion, The New York Times reported. The information highlights the fast ascent of prediction markets from area of interest monetary experiments to world investment-grade platforms attracting main institutional capital. Kalshi…
A senior European Union official has known as for the creation of euro-backed stablecoins to problem the dominance of U.S. dollar-pegged tokens in international crypto markets. Pierre Gramegna, managing director of the European Stability Mechanism (ESM), said Europe should speed up its efforts to difficulty home stablecoins and strengthen its digital monetary sovereignty. “Europe shouldn’t…
A proposal to ascertain a state-backed Bitcoin reserve in Massachusetts has encountered an early setback after state lawmakers confirmed little engagement throughout its first public listening to in eight months. The invoice, titled An Act Relative to a Bitcoin Strategic Reserve, was introduced by Republican State Senator Peter Durant and presented earlier than the Massachusetts…
27-year-old Polymarket founder Shayne Coplan has formally turn into the youngest self-made billionaire, a brand new report from Bloomberg claims. Polymarket Founder Lands Self-Made Billionaire Status The report formally dubs the New York University (NYU) dropout as the youngest self-made billionaire amid Polymarket’s $9 billion valuation by the New York Stock Exchange’s guardian group, Intercontinental…
Sharps Technology has moved its $435 million Solana (SOL) treasury to Coinbase as a part of a brand new strategic collaboration with the U.S.-based crypto alternate. The transfer marks one of many largest company digital asset migrations to date and reinforces Sharps’ rising dedication to blockchain-based finance. Sharps Technology Selects Coinbase to Safeguard Its Treasury…
The Tel Aviv District Attorney’s Office filed an indictment this week in opposition to Murad Mahajna, 46, for a violent house invasion theft that netted roughly $600,000 in crypto and luxurious gadgets from a Herzliya resident. The September 7 assault concerned Mahajna and two accomplices who tied up the sufferer, stabbed him twice in the…
The approval score of U.S. President Donald Trump is reaching new lows, in response to a Reuters/Ipsos ballot revealed this week. Donald Trump Sees Steep Disapproval in New Poll Conducted between October 3 and October 7, the ballot finds that 40% of Americans approve of Trump, whereas 58% disapprove. According to Reuters, nearly all of…
Bitcoin’s climb to a contemporary all-time high close to $126,000 this week has coincided with renewed institutional flows and rising retail curiosity, pushing the market into its first true breakout of the fourth quarter. For the primary time since April, U.S. spot ETFs have introduced in over $2.2 billion in web inflows, according to Glassnode,…