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Latest from AI Boost
Disguised Unemployment in Blockchain? Data Shows Only 12% of Ethereum, 25% of Solana Protocols Have Revenue
A large number of protocols on the two chains haven't captured any value lately, in what looks like on-chain version of disguised unemployment.
Backed Finance's Tokenized Stocks Product Volume Jumps to $300M
Backed Finance's tokenized U.S. equities product, xStocks, has surpassed $300 million in trading volume within four weeks of launch.
South Korea Tells Firms to Cut Exposure to Crypto ETFs, Coinbase and Strategy: Report
The report seems to suggest a change in stance by South Korea, which was reportedly looking to ease crypto trading.
Asia Morning Briefing: The First AI vs BTC Environmental Impact Numbers are Here. And it Might Start a New Debate
Bitcoin’s environmental footprint dwarfs that of large language models across every metric, from CO₂ emissions to water use to mineral depletion. But comparisons need context.
Dan Tapiero Projects Crypto Economy Hitting $50T, Launches $500M Fund Under New Firm
Tapiero, who previously projected a $10 trillion crypto market, adjusted his forecast after seeing the success of Circle's IPO and Deribit's acquisition by Coinbase.
SEC Approves, Immediately Pauses Bitwise's Bid to Convert BITW Crypto Index Fund to ETF
The SEC has released multiple crypto ETF updates this week, signaling shifting regulatory priorities.
FBI Drops Criminal Probe Into Kraken Founder Jesse Powell
Jesse Powell is no longer under investigation for alleged hacking tied to a nonprofit he co-founded.
A16z Crypto Leads $15M Seed Round Into Decentralized AI Data Layer Poseidon
Poseidon was incubated by IP-based protocol Story, whose aim is to convert IP into programmable assets that can be licensed and managed using smart contracts
EDX Unveils International Crypto Trading Platform With Perpetual Futures
EDX International, the Singapore-based global hub of the firm, is offering trading in 44 cryptocurrency pairs, including Bitcoin, ETH, Sol, and XRP.
Bitcoin ETFs' 12-Day Inflow Streak Comes to an End as Price Stalls
The spot bitcoin funds on Monday saw outflows of $131 million as speculative interest turned in a big way to altcoins.
