24/7 Blockchain industry dynamics and breaking crypto news
Multicoin Capital has invested in the DePIN project Grass, calling it the "reading layer for machine intelligence." The project incentivizes users to share idle bandwidth for public web data collection, already integrated into some AI lab pipelines.
Read MoreGRASS token experienced significant volatility, briefly breaking above the $0.8 resistance level before settling around $0.737. Despite the pullback, it still shows a remarkable 24-hour gain of over 25%, indicating heightened market activity and requiring careful risk management from investors.
Read MoreRobinhood unveiled major upgrades for active traders, including crypto perpetual contracts with up to 10x leverage, weekend trading for select US stocks/ETFs, and AI-powered trading agents. These features aim to cater to sophisticated trading demands and expand the platform's capabilities.
Read MoreLIT's price briefly crashed below $3.7, currently trading around $3.934 after a 12.18% drop in 24 hours. The sharp volatility is linked to Robinhood's new US perpetual contracts launch. Analysts warn of continued market turbulence and urge strong risk management.
Read MoreBain Capital is reportedly in talks to acquire US data center firm Edged, backed by Koch Industries, in a deal potentially valuing the company over $15 billion. This would mark Bain's first major foray into US data center private equity, signaling a strategic shift to capitalize on the AI infrastructure boom.
Read MoreAnthropic's IPO filing shows 2025 revenue surged to nearly $4.6B, with almost half dependent on Amazon and Google Cloud. Despite rapid growth in AI model usage revenue, operating losses exceeded $8B, highlighting concentration risks and profitability challenges.
Read MoreThe Trump administration has launched America.gov, an AI-powered federal portal designed to streamline public access to government information and services. However, questions have been raised by media outlets regarding the objectivity of its AI-driven responses on sensitive topics, highlighting the challenges of deploying such technology in official communications.
Read MoreThe SEC has filed lawsuits against entities accused of orchestrating a $15 million AI trading scam. Investors were shown fabricated profits and pressured to add more funds when attempting withdrawals, according to the complaints.
Read MoreOpenAI launched the GPT-6.1 Sol model on September 30th. It delivers performance close to its top-tier Astra model, but at a groundbreaking standard token price that's just one-fifth of Astra's. This release marks a significant leap in making high-performance AI more accessible and cost-effective.
Read MoreOvernight developments highlight tech growth and regulatory shifts. OpenAI's revenue nears $70B annually, while the SEC Chair signals a move toward crypto integration in finance. The first NEAR spot ETF launched in the U.S., alongside political and economic updates on AI, rates, and geopolitics.
Read MorePrediction market firm Kalshi is in talks for a massive $10 billion funding round targeting a $40 billion valuation. Sequoia Capital and Wellington Management are in discussions to lead. This comes despite a recent US court ruling allowing states to regulate its sports contracts under gambling laws, casting uncertainty over its regulatory future.
Read MorePeter Brandt, the analyst who accurately called Bitcoin's 2018 crash, suggests the cycle low may be in and a new bull run is starting. He has significantly raised his peak price target for the next cycle to $300,000-$600,000, with $500,000 being highly probable. He also warns of a potential sharp pullback first.
Read MoreOn September 29th, U.S. President Trump met with leaders from several major technology companies at the White House to discuss AI development and sign a key agreement. The document reportedly involves "internal and external review" of AI technologies and was later shared by Trump on social media, marking a significant step in U.S. AI governance.
Read MoreOpenAI partners with AWS to host its AI agents. ChatGPT will be integrated into Slack and Microsoft Teams, accessible without separate licenses. A new high-performance Pro tier is launched, and a private inference preview is set for release this fall.
Read MoreLatest CME FedWatch data shows market expectations for a Fed rate hike in October have cooled sharply, now a near 50/50 toss-up. This signals a significant shift in sentiment and heightened uncertainty about the central bank's policy path through year-end.
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