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If you’ve ever wired money internationally, you’ve experienced the traditional version of a ledger. Your bank has a record. The receiving bank has a record. There’s a correspondent bank in the middle with its own record. They reconcile. It takes days. Fees compound. And if any of those institutions makes an error, lies, or gets…
Here’s a thought experiment worth sitting with for a moment. You open Instagram and post something. Who actually owns that post? Not you. The post lives on Meta’s servers, subject to Meta’s rules, visible on Meta’s terms, monetisable according to Meta’s ad model. You created the content. A trillion-dollar corporation owns the infrastructure, controls the…
The web is being rebuilt from the inside out. Where the previous internet handed control to a small number of corporations who stored your data, managed your identity, and decided what you could and couldn’t do online, the new one is being coded in smart contracts and deployed on decentralized networks. At the centre of…
Anthropic’s draft announcement of its most advanced AI model, Claude Mythos, was exposed Thursday through an unsecured publicly searchable data cache, raising concerns about unprecedented cybersecurity risks in the cryptocurrency and blockchain sectors. A leaked draft blog post revealed that the AI lab behind Claude has trained a new model called Mythos, which the company…
Hong Kong and Shanghai Sign Blockchain MOU to Digitize Cross-Border Trade Finance Hong Kong and Shanghai authorities signed a memorandum of understanding on Monday to develop a blockchain-based platform linking cargo trade data with financial services, marking a significant step in cross-border digital trade infrastructure. The Hong Kong Monetary Authority, the Shanghai Data Bureau and…
The stablecoins landscape is undergoing a fundamental shift, with the real advantage no longer lying in token issuance or technical infrastructure, but rather in direct user relationships and distribution networks, according to Christian Catalini, co-creator of Meta’s failed Diem stablecoin and current MIT professor. The stablecoin market has exploded in recent weeks, with new offerings…
The “Ethereum killer” narrative is one of crypto’s most recycled stories. In 2017, EOS raised $4 billion, promising to make Ethereum obsolete. Cardano, Tezos, and Polkadot followed with similar arguments. In 2021, it was Avalanche, BSC, and Terra. None of them replaced Ethereum. And yet the question keeps returning because Solana is making a more…
Solana Company Builds Pacific Backbone Infrastructure to Support SOL Growth Across Asia-Pacific Solana Company announced plans to construct a high-speed infrastructure network spanning the Asia-Pacific region designed to support the growth of the Solana blockchain and generate additional revenue streams. The initiative, dubbed the “Pacific Backbone,” will connect major financial hubs in Seoul, Tokyo, Singapore,…
Crypto treasury firm ETHZilla has shifted its strategy away from simply accumulating Ether, launching a new tokenized asset offering backed by commercial jet engines leased to a major U.S. airline. The company announced Thursday the debut of its Eurus Aero Token I, marking its entry into the rapidly expanding real-world assets (RWA) sector on blockchain….
Securitize is launching a stablecoin backed by tokenized private credit assets in partnership with Hamilton Lane, OKX Ventures, and stablecoin infrastructure firm STBL. The move represents a significant step in bringing institutional real-world asset yield onto blockchain infrastructure while navigating increasing regulatory scrutiny around yield-bearing stablecoins in the United States. The new stablecoin will be…
Japan’s Crypto-Friendly Takaichi Wins Landslide Victory A prominent crypto-friendly politician has secured a decisive electoral victory in Japan, signaling potential shifts in the country’s approach to digital assets and blockchain regulation. The landslide win comes at a time when Japan is reassessing its position in the global crypto landscape, with increased scrutiny on how the…
Most crypto investors spend more time researching which phone to buy than which cryptocurrency to invest in. They read a Twitter thread, watch a YouTube video, see some hype in a Telegram group, and click buy. Six months later, their investment is down 90%, and the project is essentially dead. Evaluating crypto projects isn’t mysterious…
Ethereum co-founder Vitalik Buterin has pitched a new approach to streamline the blockchain’s staking mechanism through distributed validator technology (DVT), arguing the solution could make participation more accessible while maintaining security. In a Wednesday post to the Ethereum Research forum, Buterin outlined a proposal for “native DVT” that would allow Ether stakers to secure the…
Internal notes from early OpenAI discussions show that Elon Musk once supported an initial coin offering (ICO) to raise approximately $10 billion for the artificial intelligence organization, according to court filings released as part of Musk’s lawsuit against OpenAI. The call transcripts from a January 2018 document conversations between Musk and OpenAI founders about creating…
