Seven out of ten crypto traders are willing to hand over full control of their portfolios to an AI — no human double-checking every move. That finding, drawn from a survey of roughly 1,400 traders, reframes what most people assume about AI crypto portfolio management: it’s not a niche experiment embraced by tech enthusiasts. It’s
Researchers at the Bank for International Settlements (BIS) found that dollar-backed stablecoins are creating a new form of “digital dollarization” that appears largely unaffected by capital controls, particularly in emerging markets. The new study suggests governments may have less ability to curb stablecoin adoption than traditional foreign-currency bank deposits. BIS researchers analyzed foreign-currency deposits and
Cordant, a company building financial infrastructure for stablecoins and digital assets, has raised $8 million in a seed funding round. The investment was led by a consortium of venture capital firms, including BanklessVC, FJ Labs, SignalFire, Kuona, NextStage, Celer Ventures, FlatironX, Nascent Ventures, SilverCircle Ventures, and Generative Ventures. What Cordant Does Cordant develops backend technology
Augustus, a startup building a federally chartered clearing bank for fintechs and financial institutions, said it raised $180 million to expand its dollar payment infrastructure as stablecoins reshape global finance. The fundraising valued the company at $1 billion, with Tiger Global leading the round and investors such as Hummingbird, QED and the founders of Nubank,
When the Open Standard alliance unveiled its Open USD stablecoin, backed by more than 140 institutions including Visa, Mastercard, Stripe, Coinbase, and BlackRock, the market didn’t celebrate — it went straight for Circle’s jugular. Shares in Circle fell between 15% and 18% at one point following the announcement, a reaction that tells you everything about
In a recent podcast appearance on the Alt Funds Network, Krista Lynch, SVP of ETF Capital Markets at Grayscale, discussed the advantages of Bitcoin exchange-traded products (ETPs). She noted that while gold ETPs have been a staple for over 20 years, Bitcoin ETPs are a more recent innovation, having only existed for around three years.
US President Donald Trump, known for his support of Bitcoin and cryptocurrencies, is also attracting attention with his memecoin and altcoin project bearing his own name. At this point, Donald Trump’s income has reached enormous proportions, with his total earnings over the past two years, including cryptocurrency, being compared to those of previous US presidents.
Moonshot AI’s launch of its latest artificial intelligence model, Kimi K3, has shaken global technology markets, reviving memories of the DeepSeek shock earlier this year. While the model has intensified concerns over the dominance of US AI leaders such as OpenAI and Anthropic, analysts say the broader implications for the AI ecosystem are more nuanced,
USCR crypto, the memecoin tracking portfolio of the official U.S. crypto reserve updates, is showing signs of a recovery attempt after dropping to a two-month low. In May, the memecoin exploded by over 65% from $0.0022 to $0.0036. But it crashed hard in June and extended the losses to 37%. The pullback has eased near