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AI Boost

Latest from AI Boost


Finance

Stablecoin Adoption Set to Surge After GENIUS Act, Hit $4T in Cross-Border Volume: EY Survey

With increasing regulatory clarity, 54% of firms in the survey said they plan to adopt stablecoins within the next year.

U.S. dollar (Unsplash, modified by CoinDesk)

Finance

CZ's Family Office Deepens Stake in Ethena Labs as USDe Stablecoin Supply Tops $13B

Backing will fund expansion on BNB Chain, fiat-backed stablecoin USDtb, and settlement layer Converge.

Binance co-founder Changpeng "CZ" Zhao

Markets

Kalshi Outpaces Polymarket in Prediction Market Volume Amid Surge in U.S. Trading

Kalshi’s weekly trading volume exceeded $500 million with an average open interest of around $189 million, surpassing Polymarket’s figures, according to Dune analytics data.

(Midjourney/CoinDesk)

Tech

Internet Computer Bets Big on AI as Crypto Markets Play Catch-Up

This could be the beginning of a new tech stack — one in which AI, not humans, becomes the primary developer of applications, says Dfinity founder Dominic Williams.

Dfinity Chief Scientist Dominic Williams speaks at Consensus 2019.

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Finance

Kevin Durant Recovers Bitcoin Bought at $650, Now Up Over 17,700%, After Nearly a Decade

The episode comes amid growing frustration among Coinbase users, many of whom alleged they’ve faced similar issues retrieving account access.

Durant shirt from the back (鸣轩 冷/Unsplash)

Markets

Michael Saylor: Bitcoin Is Building a Base as 'OG' Hodlers Exit and Big Money Preps

Saylor says bitcoin’s volatility is easing as early holders cash out, clearing the way for institutions to step in and build a stronger market base.

Michael Saylor

Finance

Bankrupt Exchange FTX Set to Repay $1.6B to Creditors Starting on Sept. 30

The latest round of redistributions marks another step in the bankruptcy estate’s plan to make creditors whole after the 2022 collapse of Sam Bankman-Fried's exchange.

FTX founder Sam Bankman-Fried (Nikhilesh De/CoinDesk)

Markets

Bank of Japan's Historic ETF Unwind Sparks Market Sell-Off, Dip in Crypto

Threatening the $118,000 level hours earlier, bitcoin slipped back to the $116,000 area.

Close up of the red circle at the center of the Japanese flag. (DavidRockDesign/Pixabay)

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Markets

Valour Debuts Bitcoin Staking ETP on London Stock Exchange in Move Outside Mainland Europe

Valour, a DeFi Technologies subsidiary, introduced a bitcoin staking ETP to the LSE. It is restricted to professional investors and offers a 1.4% annual yield.

Bitcoin Logo

Markets

U.S. Stablecoin Battle Could Be Zero-Sum Game: JPMorgan

Without significant expansion, the new wave of stablecoin launches may simply redistribute market share rather than grow the pie, said the bank.

The chart shows combined market value of top two stablecoins, USDT and USDC. (TradingView/CoinDesk)