The U.S. Department of Energy (DOE) has announced plans to develop AI-focused infrastructure on 16 DOE-managed sites across the country. These locations, which include the Idaho National Laboratory and former nuclear facilities in Kentucky and Ohio, already possess key energy infrastructure, making them ideal for housing data centers and
D-Wave Quantum has unveiled a prototype blockchain network powered by its advanced quantum computing technology, highlighting significant improvements in scalability and energy efficiency. The company demonstrated how quantum computing can enhance blockchain's ability to process transactions at unprecedented speeds while reducing the energy consumption associated with traditional proof-of-work
The U.S. House Financial Services Committee has approved the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act, moving it one step closer to becoming law. The bill aims to establish a clear regulatory framework for stablecoins, ensuring transparency, consumer protection, and oversight by financial regulators. The
Crypto industry leaders are urging U.S. lawmakers to allow stablecoin issuers to offer interest payments to token holders, a move they argue would make digital assets more competitive with traditional bank deposits. Currently, stablecoins such as Tether (USDT) and Circle’s USDC are pegged to the U.S. dollar
Mastercard is expanding its blockchain initiatives by forging new partnerships with major financial institutions to streamline digital asset transactions. The global payments giant is working with banks such as JPMorgan and Standard Chartered to develop a secure and scalable blockchain network. This initiative aims to facilitate seamless cross-border payments and
Democratic lawmakers, including Senator Elizabeth Warren and Representative Maxine Waters, have called for the Securities and Exchange Commission (SEC) to preserve records related to President Donald Trump's cryptocurrency business, World Liberty Financial. Their inquiry focuses on potential conflicts of interest arising from Trump's deep financial involvement
OnlyFans founder Tim Stokely, in collaboration with the Hbar Foundation, has placed a late-stage bid to acquire TikTok from its Chinese parent company, ByteDance. The bid comes as the U.S. government pressures ByteDance to divest its ownership of the popular social media app due to national security concerns. Stokely
Circle Internet Group, the issuer of the USDC stablecoin, has officially filed for an initial public offering (IPO) on the New York Stock Exchange, marking a significant milestone in its financial journey. The company's decision to go public follows a year of revenue growth, with reported earnings reaching
Robinhood has recently unveiled several initiatives aimed at expanding its financial services, including the introduction of AI-powered financial advice. This move is part of the company's broader strategy to cater to a more diverse and mature clientele seeking comprehensive financial solutions. Robinhood Strategies: A New Wealth Management Service
Ambient is a newly introduced blockchain project that integrates artificial intelligence (AI) with the goal of serving as a decentralized alternative to existing AI platforms like OpenAI. Co-founded by Travis Good, Ambient has secured $7.2 million in seed funding from notable investors, including Andreessen Horowitz's crypto accelerator
Eric Trump and Donald Trump Jr. have partnered with bitcoin mining firm Hut 8 to establish American Bitcoin Corp., aiming to become the world's largest and most efficient bitcoin mining operation while building a strategic bitcoin reserve. As part of the agreement, Hut 8 will transfer nearly all
MicroStrategy, now rebranded as Strategy, has significantly increased its Bitcoin holdings by purchasing an additional 22,048 BTC for approximately $1.9 billion between March 24 and 30, 2025. This acquisition was funded through equity sales and the issuance of preferred stock. As of March 30, 2025, the company holds
Isomorphic Labs, an AI-driven drug discovery company and subsidiary of Alphabet, has secured $600 million in its first external funding round. The investment was led by Thrive Capital, with participation from GV (formerly Google Ventures) and additional backing from Alphabet. Founded in 2021 and based in London, Isomorphic Labs aims
Investor Kevin O'Leary stated that under President Donald Trump's administration, cryptocurrency is moving away from its "cowboy era" and becoming more integrated with financial institutions. This shift follows increased regulation and oversight in the crypto industry, aiming to transform it into a more legitimate
Elon Musk addressed misconceptions regarding Dogecoin's involvement with government initiatives, emphasizing that the "Department of Governmental Efficiency" (D.O.G.E.) is unrelated to the cryptocurrency. This clarification aims to dispel rumors about Dogecoin's official use in governmental operations.
Japan's Financial Services Agency (FSA) is considering a proposal to reclassify cryptocurrencies as financial products, a move that could bring stricter regulations and greater investor protection to the industry. * Legal Reclassification: Cryptocurrencies may soon be recognized as traditional financial instruments rather than speculative assets. * Investor Protection: The new
AI is making its mark in the decentralized finance (DeFi) ecosystem, leading to the emergence of DeFAI (Decentralized Finance with Artificial Intelligence). This integration is transforming financial systems by automating trading strategies, optimizing risk management, and enhancing user experiences. Key Developments in DeFAI 1. AI-Powered Trading Bots – These bots analyze
World Liberty Financial, a cryptocurrency venture established by Donald Trump and his sons, plans to launch a stablecoin called USD1. This stablecoin will be entirely backed by U.S. treasuries, dollars, and cash equivalents, aiming to provide a reliable digital asset for cross-border transactions by sovereign investors and major institutions.
The Federal Deposit Insurance Corporation (FDIC) announced that banks no longer need prior approval to engage in cryptocurrency-related activities, such as holding digital assets or partnering with crypto companies. This marks a significant policy reversal from the cautionary stance adopted two years ago under the Trump administration. FDIC acting chairman,
Wyoming has commenced testing its state-backed stablecoin, WYST, across multiple blockchain platforms, including Avalanche, Solana, Ethereum, Arbitrum, Optimism, Polygon, and Base. This initiative positions Wyoming as one of the first U.S. states to launch a government-backed stablecoin, aiming to provide a secure and regulated digital asset for its residents.
Senator Elizabeth Warren and four other Democrats have expressed apprehension regarding potential conflicts of interest that U.S. financial regulators might face in overseeing a cryptocurrency initiative led by President Trump and his family. In a letter to the Federal Reserve and the Office of the Comptroller of the Currency,
Paul Atkins, President Donald Trump's nominee for Chair of the Securities and Exchange Commission (SEC), emphasized a pro-cryptocurrency stance during his Senate banking panel confirmation hearing. Atkins criticized aspects of former SEC chair Gary Gensler's tenure and declared digital assets a top priority. He advocated for
A recent analysis highlights the top AI cryptocurrencies poised for significant growth. These tokens showcase diverse use cases, from decentralized computing to metaverse applications. As the demand for AI-driven blockchain solutions rises, these projects offer substantial growth potential for investors. Heading into 2025, these tokens are worth watching for their
Franklin Templeton, one of the world’s largest asset management firms, has filed with the U.S. Securities and Exchange Commission (SEC) to launch a Solana-based exchange-traded fund (ETF), marking a significant step toward expanding institutional access to alternative cryptocurrencies beyond Bitcoin and Ethereum. * The ETF will be designed to