The seemingly daily disruption of business models by advances in artificial intelligence continued Monday, sending stock market averages and crypto prices sharply lower. Today’s victim (in addition to the usual ones) was IBM, after Anthropic said Claude code can automate COBOL modernization. “COBOL [Common Business-Oriented Language] is everywhere,” said Anthropic. “It handles an estimated 95%
The BUIDL fund of BlackRockhas witnessed a substantial growth over the recent weeks. After BUIDL became officially tradable on the ecosystem of Uniswap, its market capitalization has surged by almost 30%. As per the data from rwa.xyz tweeted by Sentora, this signals a robust investor interest in the robust tokenized financial products. Additionally, this development
Global markets turned cautious on Monday as Washington’s new 15% tariff rattled trade partners and cast uncertainty over last year’s EU-US deal. PayPal drew early takeover interest after a steep share slump, while oil climbed to a six-month high on geopolitical tensions. In crypto, Bitcoin slid toward key support levels as investors trimmed risk exposure
Funton.ai, a major “Tap-to-Earn” (T2E) multi-game platform on Telegram and LINE, has announced its landmark strategic partnership with LF Wallet, a multi-chain, non-custodial wallet for storing assets and interacting across the ecosystem. The primary objective of this collaboration is to secure the multi-chain wallet in Web3 gaming for seamless flow. 🤝 https://t.co/UZaXmZkMH0 is partnering with
Flux ecosystem, a decentralized cloud infrastructure that provides advanced computational resources for developers to build Web3 applications, today announced a strategic partnership with CZR Exchange, a cryptocurrency exchange that simplifies and secures people’s crypto trading journey. The collaboration enabled CZR Exchange to integrate Flux’s cloud computing infrastructure into its crypto trading platform, a move that
Stablecore, a digital asset infrastructure company, has joined the Jack Henry Fintech Integration Network, enabling banks and credit unions on the platform to offer stablecoin and tokenized asset services through their existing systems. Jack Henry supplies core processing and digital banking technology to approximately 1,670 banks and credit unions in the United States. Many of
Kraken’s decision to fund savings accounts for every child born in Wyoming this year is being viewed as the latest move aligning the exchange with the crypto-friendly Trump administration. The cryptocurrency exchange currently ranks as the sixth largest globally by 24-hour trading volume, with about $1 billion traded over the past day – behind Binance,
AI agents are becoming persistent, autonomous, and deeply embedded in everyday workflows. But as they gain the ability to act on our behalf, a harder question emerges: who controls the data, the execution, and the trust layer? — Today, $NEAR AI introduced its answer. Announced live at NEARCON 2026, IronClaw is a new open-source, verifiable
ProShares’ record-breaking debut of its money market exchange-traded fund (ETF) last week underscores the enormous demand for cash-management products at a time when the asset class is increasingly being tokenized — and, as industry proponents argue, the shift could help funds remain competitive amid increasing US stablecoin adoption. Money market funds invest in short-term, high-quality
Solana Company (HSDT) said it plans to build a high-speed infrastructure network across the Asia-Pacific region to support the growth of the Solana blockchain and diversify its revenue streams. The initiative, called the “Pacific Backbone,” will connect Seoul, Tokyo, Singapore and Hong Kong with a low-latency cluster designed to support staking, validation and trading services