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AI Boost

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Web3

Drake Compares Fake Friends to Bitcoin's Volatility: ‘Down This Week, Up Next’

From rap verses to million-dollar crypto wagers, Drake’s high-stakes love affair with bitcoin keeps unfolding.

Canadian rapper Drake on Tuesday shared a clip of Michael Saylor’s interview on CNBC on his Instagram account, reaching over 146 million followers. (Charito Yap/Flickr)

Finance

Bank of Canada Identifies Technical Path for Retail CBDC in New Research Paper

The study outlines a viable system design for a Canadian digital dollar with high privacy and speed.

Mark Carney (Liberal Party)

Policy

JD.com, Ant Group Push for Yuan-Based Stablecoins to Counter Dollar Rule: Reuters

They propose launching stablecoins in Hong Kong backed by the offshore yuan, aiming to boost the Chinese currency's global role

China renminbi bills (Moerschy/Pixabay)

Finance

Amber International Raises $25.5M to Expand $100M Crypto Reserve Strategy

The firm is allocating capital into bitcoin, Ethereum, Solana and other digital assets to support blockchain ecosystem growth.

(Shutterstock)

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Finance

Ondo, Pantera Capital to Invest $250M in Real-World Asset Projects

The new initiative aims to invest in projects that enhance tokenized finance and on-chain capital markets, Ondo said.

Digitally altered photo of a dollar bill (Ryan Quintal/Unsplash, Modified by CoinDesk)

Finance

The Open Platform Becomes First TON Unicorn Following $28.5M Raise

The developer said it was valued at a $1 billion valuation in an extended Series A fundraising.

(Unsplash)

Finance

Tether to Mine Bitcoin With Adecoagro in Brazil Using Surplus Renewable Energy

The project aims to monetize surplus energy and potentially add BTC to Adecoagro’s balance sheet.

(Rachel Sun/CoinDesk)

Finance

Abu Dhabi Ventures Into Bond Tokenization with HSBC and FAB as RWA Momentum Accelerates

The issuance of the first digital bond lays the groundwork for a broader set of tokenized assets like Islamic bonds and real estate products, ADX Group CEO said.

Abu Dhabi (Kamil Rogalinski/Unsplash)

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Markets

JPMorgan Sees Stablecoin Market Hitting $500B by 2028, Far Below Bullish Forecasts

88% of current stablecoin demand comes from crypto-native activity, with payments accounting for only 6%, the report said.

(Shutterstock)

Markets

Asia Morning Briefing: SOL up 4% as Analysts Say Staking ETF (SSK) Has Strong Launch

The REX-Osprey Solana + Staking ETF (SSK) does better than the average ETF launch on the first day of trading, Bloomberg's Eric Balchunas said in a post on X.

A Solana booth at ethDenver (Danny Nelson)