For years, the idea of decentralized AI sounded unrealistic. Training frontier models requires enormous amounts of compute, high-speed networking, and billions in infrastructure. That naturally pushed power toward centralized giants like OpenAI, Google, Anthropic, and the growing cluster of state-backed AI labs. But a growing number of crypto-native teams believe there may be another path…
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Cash App has added support for USDC transfers, giving users a new way to send and receive digital dollars across Solana, Ethereum, Polygon and Arbitrum. The update means eligible Cash App users can move USDC without setting up a separate crypto wallet or manually managing different chains. Cash App says stablecoins convert automatically into US…
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President Donald Trump has signed an executive order asking the Federal Reserve to review whether fintech and crypto firms should be given direct access to core US payment systems. The order, signed on May 19, directs the Fed to evaluate the legal and policy framework around Reserve Bank payment accounts and payment services for uninsured…
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Bitcoin Depot, once one of North America’s biggest Bitcoin ATM operators, has filed for Chapter 11 bankruptcy. The company says it is winding down operations and looking to sell its assets. Its ATM network has already been taken offline. That is a brutal fall for a business that was built on a simple idea: put…
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The US Senate Banking Committee has advanced a long-awaited crypto market structure bill, giving the digital asset industry one of its biggest regulatory wins in Washington so far. The Republican-led committee voted to send the Clarity Act to the full Senate on Thursday, with all Republicans backing the bill and two Democrats joining them. Reuters…
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Circle has raised $222 million through a private presale of ARC, the native token connected to its new Arc blockchain, valuing the network at roughly $3 billion. The round drew backing from some of the biggest names in finance and crypto, including Andreessen Horowitz, BlackRock, Apollo, Intercontinental Exchange, ARK Invest, Bullish, Haun Ventures, Standard Chartered…
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Tether has led a $14 million Series A round in belo, the Argentina-born fintech building a stablecoin-powered payments app for Latin America. The round also included Titan Fund, The Venture City, Mindset Ventures, G2, and existing backers. On the surface, this is another fintech funding story. But the bigger picture is more interesting: Tether is…
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Aave did not get hacked. That may end up being the most important line in this whole story. But in crypto, being one step removed from the blast zone does not mean you escape the damage. After the April 18 exploit tied to Kelp DAO’s rsETH, Aave became the clearest example of how quickly confidence…
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Overview The first quarter of 2026 delivered on the TGE-heavy narrative we flagged back in January. OpenMind, Huddle01, Infinex, Zama and others all came to market, with mixed post-launch performance. What’s become clearer since then is that the “structured distribution” trend is hardening: auctions, points programs, and loyalty seasons are now the default, and several…
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Justin Sun Turns on World Liberty Financial as Token Lockup Fight Exposes Who Really Holds the Power
Justin Sun has gone from one of World Liberty Financial’s biggest backers to one of its loudest critics, and the fallout is exposing an ugly question at the heart of the Trump-linked crypto project: when investors bought WLFI, were they buying into a long-term ecosystem, or into a token they may not truly control for…