AI


CoinDesk Indices

The Agentic Era Needs a Network

As we move beyond basic automation, we need systems rooted in verifiability and accountability, writes Hashgraph CEO Eric Piscini. Just like the web needed HTTPS, the agentic web needs a trusted network.

Empty Office

Finance

Kite Raises $18M to Bridge Stablecoin Payments and Autonomous Agents

General Catalyst and PayPal Ventures co-led the Series A funding as Kite launches infrastructure to let AI agents transact at scale with on-chain settlement

16:9 Kites (Bill Fairs/Unsplash, modified by CoinDesk)

Finance

Citi Says Stablecoins and AI Could Drive Post-Trade Shakeup

Citi’s survey of 537 industry leaders points to tokenization, T+1 adoption and GenAI reshaping trade processing.

Close up of Citigroup logo on the side of a building.

Finance

IREN Posts First Full-Year Profit on AI Cloud Growth, Mining Expansion; Shares Climb

The stock rose 13% pre-market with IREN closing in on MARA as the world’s biggest bitcoin and AI miner by market cap.

IREN (TradingView)

Markets

Nvidia Shares Edge Lower After Earnings Beat; Cryptocurrencies Little-Changed

Bitcoin and other cryptos showed some volatility, but were mostly flat in the minutes following the report.

CoinDesk

Markets

Nvidia Earnings Loom Large, With Bitcoin Traders Eyeying Correlation

The options market is braced for a $270 billion swing as Nvidia results approach.

Nvidia CEO Jensen Huang (Nvidia)

Markets

Hut 8 Maps 'Path to Monetization' of Energy Assets as Bitcoin Mining Carve-Out Nears: Benchmark

Benchmark analyst Mark Palmer hiked his Hut 8 price target to $36 from $33, while reiterating his buy rating on the stock.

Hut 8 plant

Markets

'We Are Still Early': Morgan Stanley's Intern Survey Reveals as Crypto Interest Lags Behind AI & Robots

Bitcoin's price has surpassed $100,000, yet only 18% of surveyed interns own or use cryptocurrencies, indicating early-stage adoption.

Crypto adoption is still in early stages, Morgan Stanley's survey shows. (RuslanSikunov/Pixabay)

Markets

Bitcoin Network Hashrate Rose 4% in First Two Weeks of August: JPMorgan

The combined hashrate of the 13 U.S.-listed miners the bank tracks now accounts for a record high 33.6% of the global network.

Rows dedicated to miners at the Bitcoin 2022 Conference in Miami. (Aoyon Ashraf/CoinDesk)

Finance

USD.AI Raises $13M to Expand GPU-Backed Stablecoin Lending

Framework Ventures leads Series A for GPU-collateralized stablecoin protocol USD.AI

16:9 USD.AI team (Permian Labs)