Ether ETFs shed $3 million Tuesday after seven days of inflows, following an $8 million outflow from Zcash funds at the start of the week. US spot Bitcoin exchange-traded funds (ETFs) extended their net inflow streak to nine trading days, while Ether and Zcash funds flipped to outflows. Bitcoin ETFs attracted $66.2 million on Tuesday,...Continue Reading

AllUnity is launching USDAU, its fourth fiat-backed stablecoin, expanding a MiCA-regulated lineup that already covers the euro, Swiss franc and Swedish krona. AllUnity is launching a new stablecoin pegged to the US dollar, expanding its digital asset lineup as dollar-pegged tokens continue to dominate the global stablecoin market. The new token, USDAU, will maintain a...Continue Reading

The prediction market was valued at $22 billion in a $1 billion funding round just four months ago, after doubling its valuation from December. Prediction market platform Kalshi is reportedly now in “advanced talks” to raise approximately $1 billion in a new funding round at a valuation of $40 billion. Existing investor Sequoia Capital and...Continue Reading

Illinois’ draft rules spell out how its 0.2% digital asset transaction tax would apply to stablecoins, DeFi platforms, crypto bridges and self-custody transfers. Illinois tax officials have published draft rules detailing how the state’s already-enacted 0.2% digital asset transaction tax would apply to stablecoins, decentralized finance (DeFi) platforms and other crypto activity. The new draft...Continue Reading

In February, ai.com drew enough traffic to crash its website after a $15 million Super Bowl ad, but months later, users are still wondering what’s happened to their promised AI agent. Crypto.com says its personal AI agent venture, pitched to perform a broad set of tasks from trading stocks to updating online dating profiles, is...Continue Reading

Binance Pay will let overseas users spend USDT at most PayPay-supported merchants in Japan through HIVEX, while stores receive yen. Binance Pay will allow eligible overseas users visiting Japan to spend Tether USDt (USDT) at the vast majority of PayPay-supported merchants starting Wednesday. The service will run through HIVEX, a payment interoperability framework that connects...Continue Reading

The voluntary accord puts much of the responsibility for managing frontier AI risks on developers. US President Donald Trump and tech executives have signed a voluntary accord aimed at ensuring their AI models “behave as intended.” The accord comes amid growing concerns over the safety of increasingly capable frontier AI systems. Trump has resisted a...Continue Reading

OpenAI is reportedly seeking another $30 billion from investors as the ChatGPT developer pushes its long-awaited public market debut into 2027. ChatGPT developer OpenAI is reportedly eyeing another $30 billion raise that could value it at $1.4 trillion, making it one of the world’s most valuable companies even before it goes public. Citing people familiar...Continue Reading

Kakaopay Securities is working with Dinari and Ondo Finance to explore tokenizing Korean-listed equities and expanding their availability to investors in international markets. South Korea’s Kakaopay Securities is partnering with tokenization firms Dinari and Ondo Finance to explore bringing Korean-listed stocks onchain and distributing them to investors in international markets. Kakaopay announced separate agreements with...Continue Reading

Seven commissioner seats at the SEC and CFTC will be empty after Friday, leaving only a few leaders at financial regulators to oversee aspects of the $3 trillion crypto industry. Two of the United States’ financial agencies tasked with overseeing and enforcing digital asset regulation will be down to just three commissioners after Friday, following...Continue Reading