When your best engineers keep getting phone calls from rivals, you start writing bigger checks. ByteDance, the company behind TikTok, is rolling out a targeted equity incentive program for its Seed AI division, offering monthly stock option grants to keep its artificial intelligence talent from walking out the door. The move comes as China’s tech
TeraWulf just made another big bet that its future lies in powering AI, not mining Bitcoin. The company closed its acquisition of the Muskie Data Campus on May 22, a sprawling site in Eastern Kentucky designed to host more than 1 GW of high-performance computing capacity. The deal expands TeraWulf’s total development pipeline by roughly
Drew Houston, who co-founded Dropbox in 2007 and has served as its chief executive ever since, is stepping down from the role, according to CNBC. What we know so far Houston built Dropbox out of a project he started while studying at MIT. The idea was deceptively simple: make file storage and sharing work seamlessly
Sharplink, Inc., the Miami-based Ethereum treasury platform trading under Nasdaq ticker SBET, is set to join both the Russell 2000 and Russell 3000 indexes effective at the US market open on June 29, 2026. For a company that was pulling in just $0.7 million in quarterly revenue a year ago, that’s a remarkable trajectory change.
Vicor Corporation just bumped its second-quarter 2026 revenue guidance to $142 million, up from the $126 million it projected barely a month ago. That’s a $16 million upgrade in five weeks, driven by stronger product sales and a fresh stream of royalty income from a new licensee of its patented power conversion technology. For a
India’s top securities regulator just made its most concrete move yet toward putting bonds on a blockchain. The Securities and Exchange Board of India (SEBI) announced plans to pilot tokenised corporate bonds using digital ledger technology, with a rollout expected within six to nine months. The announcement, made by SEBI Chairman Tuhin Kanta Pandey at
Jeremy Allaire, the CEO of Circle, is making a bold claim: every financial institution in the world now has a mandate to implement digital assets. Not “should consider” or “might benefit from.” A mandate. Coming from the head of the company behind $USDC, the second-largest stablecoin by market cap, that statement carries a certain amount
Leading RWA platform Securitize has officially stated that a fundamental transformation of global finance is inevitable, forecasting a 100x growth of the tokenization industry from its current $34 billion level. As the main benchmark for this move, Securitize highlighted a joint study by Ripple and Boston Consulting Group (BCG), according to which the total volume
Craig Swan’s eyes light up, and his smile widens when he speaks of Bermuda’s ambitions to become the world’s first economy to go fully onchain, a move he is certain will create amazing new opportunities for the country’s citizens. In an interview with CoinDesk in London, Swan, the CEO of Bermuda’s Money Authority (BMA), spoke
Cryptocurrency is undergoing an identity crisis as the gap widens between its decentralized origins and today’s institution‑driven adoption, argues Meltem Demirors. Key Takeaways: Meltem Demirors argued on Fox Business that spot ETFs triggered an institutional identity crisis. Purists fear Wall Street asset managers stall utility, leaving bitcoin as just a speculative risk asset. Up next: