Bitcoin holds steady as CoreWeave earnings revive AI outlook, Anthropic said to raise IPO valuation
CoreWeave’s revenue surge lifted AI infrastructure stocks and Nasdaq futures, while bitcoin was little changed over 24 hours.
MegaETH Foundation Becomes MEGA, Earmarks $30 Million for New Products
The new entity says it "has no equity and one token," and that its first new product, a public market for AI inference on MegaETH, opens in December. The post MegaETH Foundation Becomes MEGA, Earmarks $30 Million for New Products appeared first on…
Banks Fund Stablecoin Venture Project Faro for Five Years, Still Seek a CEO
TLDR Goldman Sachs, Citigroup, Banco Santander and Deutsche Bank are among 21 firms backing Project Faro. The group has committed about $270 million to cover roughly five years of operating costs. A US dollar stablecoin is planned for the first half of…
Anthropic’s $1.4 Trillion IPO Target May Rise: Report
The Nov. 10 share-price range implied a valuation of about $1.4 trillion. Bloomberg subsequently reported, citing the Financial Times, that bankers were weighing $1.5 trillion or more.
Google DeepMind Agents Cut CPU Use 3.5 Times on Known 1024-Bit RSA Benchmark
TLDR Google DeepMind says two AI agents reproduced a known 1024-bit RSA cryptography computation in three days and 22 hours. The human researcher sent about 20 messages, mostly approvals, and wrote no code. The agents wrote about 33,500 lines of code and…
Circle USDC Solana Mint Near $500M Stays Mostly Unreleased
Trackers flagged a Circle USDC Solana mint near $500M today. The headline number is the mint. The quieter fact is where those dollars sit next. That is the plain read. A mint this size is not a half-billion jump in spendable coins. What the Circle USDC…
JPYC CEO Says Japan Bank Outages Will Lift Yen Stablecoin Demand
JPYC Inc. CEO Noritaka Okabe said JPYC yen stablecoin demand will rise as more Japanese banks face service disruptions. His remarks landed on Wednesday. That was shortly after GMO Aozora Net Bank halted banking API services. The bank later restored them…
Zcash (ZEC) Dumps Below $1K, Bitcoin (BTC) Struggles at $74K After CPI Reading: Market Watch
ETH came inches away from dipping below $2,000 during yesterday's crash.
Plume CEO Chris Yin on RWA Yields, Liquidity Risks, and the Future of Onchain Finance
In this episode of the WuBlockchain Podcast, we speak with Chris Yin, co-founder and CEO of Plume, about the real-world asset (RWA) market, the sources of onchain yield, liquidity risks, regulatory challenges, and growing competition from traditional fina
Moody’s And Chainlink Test On-Chain Credit Ratings – Could LINK Benefit?
Chainlink has taken another step toward institutional blockchain adoption after Moody’s Ratings successfully completed a pilot using its cross-chain technology. The development could strengthen Chainlink’s position in the growing tokenized asset market,…