Space and Time, a pioneering blockchain network for zero-knowledge data processing, hits 30,000 students onboarded in its joint community program with Indonesian industrial group Indomobil. The development showcased the performance and usability of SxT solutions at scale. Space and Time, Indomobil share first accomplishments of its joint initiative in Indonesia According to the official statement
Elon Musk claimed that audits conducted under the Department of Government Efficiency identified what he described as “zombie payments” worth between $100 billion to $200 billion a year, marking the clearest accounting he has offered of the short-lived initiative he briefly led early in the Donald Trump administration. Musk’s comments came in a podcast interview
The Federal Reserve has lowered interest rates by 25 basis points to a target range of 3.50%–3.75%, delivering the cut markets overwhelmingly expected — but without offering clear momentum toward further easing. Today’s decision was non-unanimous, reinforcing the uncertainty that has dominated investor sentiment over the past week. Guidance Is the Market Focus, Not the
Following the Federal Reserve’s announcement of a 25 basis point interest rate cut, in line with expectations, US President Donald Trump made noteworthy comments regarding the economy and the Fed’s management. Trump argued that the rate cut was insufficient, saying the US economy had “much greater potential.” In his statements, Trump said that the US
A16z crypto, a venture capital fund of Andreessen Horowitz (a16z), said it is expanding into Asia, opening an office Seoul and hiring Sungmo Park to head operations in the region. South Korea is the world’s second-largest crypto market, the Andreessen Horowitz unit said in a blog post. The office will work with founders by building
Former biotech company ETHZilla (ETHZ) is doubling down on its push into real-world asset markets, taking a 15% stake in digital housing lender Zippy to bring manufactured-home loans onchain. The deal marks the company’s second acquisition in a week. According to Wednesday’s announcement, ETHZilla will pay $5 million in cash and $16.1 million in stock
In a move that underscores the UAE’s growing role in digital finance, Crypto.com and Sirius International Holding have unveiled an adi chain integration aimed at accelerating institutional-grade blockchain adoption. Summary Crypto.com and Sirius join forces on sovereign digital infrastructure Exchange, payments and institutional opportunities Strategic vision and leadership statements Building a new digital asset economy