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Justin Sun moved 41.99m Spark worth $1.23m from Spark to HTX, adding to roughly 610m SPK in exchange-bound flows since 2025 and renewing sell-pressure and governance worries. Justin Sun has resumed large Spark (SPK) withdrawals from Spark, moving 41.99 million…
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Hyperliquid whales now hold $4.039b in open interest with a near‑neutral long–short split, and both sides sitting on millions in unrealized losses after choppy price action. Whale traders on decentralized derivatives platform Hyperliquid (HYPE) currently hold a combined $4.039 billion…
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AEON raised $8m led by YZi Labs to build an AI-native settlement layer, using its x402 protocol on BNB Chain to let agents pay 50m+ merchants via on-chain receipts. AEON has completed an $8 million pre-seed funding round to build…
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Tether’s undisclosed LemFi investment wires USDT into African and Asian remittance corridors, swapping slow SWIFT transfers for near‑instant, low‑fee stablecoin settlement. Tether has announced a strategic investment in LemFi, a UK‑headquartered cross‑border financial platform used by African and Asian diaspora…
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DeFi yields on blue-chip stablecoins now trail bank cash and tokenized Treasuries, forcing CoinEx to pitch Flexible Savings as a liquidity tool, not a rate stunt. CoinEx’s pitch for crypto-denominated savings now lands in a market where, for the first…
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Formula by Cointelegraph PR head Katerina Zemskova says AI-fueled content saturation has pushed Web3 projects to ditch rigid retainers and build founder-led, macro-aware narratives instead of generic press blitzes. The Web3 public relations industry is facing what Formula by Cointelegraph…
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Iran’s Hormuz Safe offers Bitcoin-settled insurance for Hormuz shipping, aiming for $10B revenue while testing US sanctions limits and spooking regulators and shippers. Iran’s Ministry of Economy has launched a Bitcoin (BTC) settled maritime insurance platform called “Hormuz Safe,” targeting…
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Apollo chief economist Torsten Slok says AI is now driving nearly half of all investment‑grade issuance and most VC funding, turning the AI boom into a full credit market cycle. Artificial intelligence has moved well beyond the stock market. According…
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Chamath Palihapitiya says consulting giants are helping OpenAI and Anthropic build the firms that may replace them. Billionaire venture capitalist Chamath Palihapitiya issued a stark warning to the consulting industry on May 17, calling out PwC and Accenture by name…
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The CLARITY Act’s bipartisan 15–9 Senate Banking vote moves a bill that could finally split SEC–CFTC jurisdiction and give crypto its first bespoke market‑structure law, a16z argues. According to a16z, the CLARITY Act is designed to build a bespoke legal framework…
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Bitget’s AI trading ecosystem now spans 58 tools, over 1 million users and $1.2B in volume, as the exchange leans into “agent‑native” trading as a core Universal Exchange pillar. Bitget has launched a dedicated Bitget AI landing page and disclosed…
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OpenAI’s Siri alliance frays over money and control. OpenAI is exploring legal options against Apple over their two‑year‑old deal to weave ChatGPT into Siri and iOS, amid frustration that the integration has failed to deliver the subscriber growth and commercial…
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Poland’s lower house has approved a long‑delayed crypto assets bill to align national rules with the EU’s MiCA framework. Parliament backs MiCA bill under pressure from Zondacrypto scandal With lawmakers under pressure to act before a July implementation deadline and…
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Visa’s WeFi pilot lets self‑custodied stablecoins fund everyday card payments across Europe, Asia and Latin America. Visa and WeFi have launched a collaboration to explore on‑chain banking and stablecoin‑based payment use cases in selected markets, expanding the card network’s stablecoin…
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RedStone’s settlement layer is the first serious attempt to make tokenized RWAs real DeFi collateral
RedStone’s new “Settle” layer is the first sober attempt to fix DeFi’s RWA paradox. RedStone has launched “RedStone Settle,” a dedicated DeFi settlement layer built to make tokenized real‑world assets usable as collateral in lending protocols, targeting roughly $30 billion…
Follow-up
Gemini’s “agentic trading” lets AI models like ChatGPT and Claude plug into user accounts via MCP, executing crypto trades autonomously and turning AI from signal vendor into primary CEX client. Gemini has rolled out “agentic trading,” a feature that lets…