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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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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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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Polymarket has spent the past year proving that prediction markets can attract mainstream attention. What changed in late March is that it also started proving they can print serious protocol revenue. After expanding taker fees across most new market categories on March 30, Polymarket’s daily fee generation climbed to roughly $1 million and has stayed…
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Crypto.com has cut around 12% of its workforce, with CEO Kris Marszalek saying the company is restructuring around AI. In a post on X, Marszalek said firms that fail to make the shift to enterprise-wide AI “will fail,” adding that the layoffs affected roles that “do not adapt in our new world.” We are joining…
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Crypto-linked equities posted their best day in weeks as investors rotated back into risk assets, with Coinbase and Strategy leading the charge despite both companies reporting bruising quarterly results. Friday’s session brought a rare dose of green to crypto-exposed stocks after weeks of relentless selling pressure. Coinbase (COIN) rallied more than 17% on the day,…