Category: crypto

Intuition has launched its Information Finance-driven mainnet after raising $8.5 million in funding. The mainnet aims to create a decentralized trust layer for AI and the internet by introducing a unique data model using Atoms, Triples, and the $TRUST token. The network processes high-throughput information operations with low transaction costs.

US stocks opened higher on Wednesday, with Nvidia reaching a $5 trillion valuation. The upbeat sentiment on Wall Street was fueled by Big Tech earnings reports and anticipation of the Federal Reserve’s interest rates decision. Nvidia’s stock surged over 5%, lifting the market to record highs, with positive outlooks on trade talks and earnings contributing…

Taurus opens a New York office to expand institutional crypto services in the U.S., following regulatory developments like the GENIUS and Clarity Acts. The Swiss firm aims to engage with American financial institutions and market infrastructure players. Taurus also joins Circle’s Arc testnet to enhance digital asset custody and tokenization capabilities.

Ondo Global Markets is now live on BNB Chain, offering access to over 100 tokenized U.S. stocks and ETFs. The platform aims to provide liquidity through integration with PancakeSwap and supports Ondo’s regulated multi-chain strategy. With a TVL of nearly $1.8 billion, Ondo Finance is making U.S. markets globally accessible through blockchain technology.

EQTY Lab and Hedera have launched a Verifiable Governance and Sovereignty solution for agentic AI on Hedera. The platform, utilizing Nvidia architecture, aims to improve accountability and privacy-enhancing automation with AI. This collaboration is a significant advancement in AI governance, bringing new levels of integrity and security to agentic systems.

Telegram is introducing Cocoon, a decentralized network for private AI inference on the TON blockchain. Developers can access GPU power and pay with TON tokens, while GPU owners earn by contributing compute. AlphaTON Capital is supporting the rollout with global GPU infrastructure. This move aims to create a new economy for private AI inference.

Over $17 billion worth of Bitcoin and Ethereum options contracts are set to expire on Friday, potentially triggering volatility in the crypto markets. Traders are betting on the future prices of BTC and ETH, with a preference for speculative positioning. The expiry event coincides with major macro events that could amplify market volatility.

The Federal Reserve has cut interest rates by 25bps, ending quantitative easing. The agency is concerned about slow job growth and inflation. The decision was made in the absence of key economic data due to the U.S. government shutdown. Despite the rate cut, crypto markets are down.

BitGo now offers custody support for the Canton Network, allowing institutional investors to securely hold and manage the native Canton token. This makes BitGo the first U.S.-based qualified custodian for the CC token, with $250 million in institutional insurance for large holdings. The integration aims to support institutional adoption of the Canton ecosystem.

The Federal Reserve’s interest rate cut of 0.25% was accompanied by Chair Jerome Powell’s warning that further easing may not happen this year. This unexpected message caused the Dow Jones to reverse gains and triggered a sharp decline in the crypto market, led by Bitcoin. Stocks and cryptocurrencies tumbled as investors reacted to Powell’s comments.