Wall Street bank JPMorgan and credit card giant Mastercard said they have completed the first cross-border, cross-bank redemption of a tokenized US Treasury fund, working with Ripple’s XRP Ledger and interbank settlement rails. The pilot transaction involved blockchain tokenization platform Ondo Finance redeeming the US Ondo Short-Term US Government Treasuries (OUSG) fund for Ripple on…
Key takeaways: A sharp fifty percent drop in exchange activity and decentralized application revenue is stalling Ether price growth. Institutional investor interest in Ether remains under pressure as major holders like Bitmine face billions in unrealized losses. Ether (ETH) has failed to sustain levels above $2,400 for the past three months, consistently lagging behind most…
Bitcoin dominance climbed to 61% on Wednesday, its highest level since November 2025. The metric has risen from 58.44% at the start of April, proving that the bullish trend continues to favor BTC over the wider crypto market. In the last two months, altcoin volumes on Binance also increased by 49%, while 12.6% of altcoins…
In brief Chrome silently downloads a ~4GB Gemini Nano file called weights.bin to eligible devices with no opt-in prompt, and automatically re-downloads it if deleted. Chrome’s “AI Mode” button in the address bar routes queries to Google’s cloud servers—the local 4GB model doesn’t power it. Privacy researcher Alexander Hanff argues the behavior violates the EU…
In brief Synthegy, developed at EPFL, uses LLMs to rank synthesis routes against chemist-defined goals, matching expert judgments 71.2% of the time. The framework was validated against 36 independent chemists across 368 evaluations. The experiments reached alignment rates comparable to inter-expert agreement. Designing a molecule from scratch is one of chemistry’s hardest problems. It’s not…
US Senator Kirsten Gillibrand said lawmakers working towards passage of a digital asset market structure bill likely need to meet three conditions before the chamber could vote on the legislation. Speaking at the Consensus conference in Miami on Wednesday, Gillibrand said she considered addressing consumer protection, illicit finance, and ethics provisions essential before any potential…
In brief Quantum computers capable of breaking blockchain cryptography could arrive as soon as 2030, Project Eleven wrote in a report. Recent hardware developments have accelerated the potential timeline for the threat to crypto networks. Developers for Bitcoin, Ethereum, and other major blockchains are developing plans to prepare for the quantum threat. A sweeping new…
In brief Elon Musk’s SpaceX/xAI signed a deal to provide Anthropic access to the Colossus 1 AI supercomputer cluster. Anthropic said the added compute power will improve capacity for Claude Pro and Claude Max users. The partnership pairs two AI companies that have taken sharply different positions on regulation and politics. Elon Musk’s SpaceX—which merged…
SIX Group said it has received approval from Swiss regulator FINMA to integrate crypto custody into its central securities depository infrastructure, allowing financial institutions to access digital asset custody through the same regulated post-trade system used for traditional securities. The approval also allows SIX to merge its digital central securities depository, SIX Digital Exchange, into…
A Republican US House of Representatives member running for reelection has won his party’s primary after crypto-affiliated groups contributed more than $500,000 in supportive media buys. Representative James Baird won Tuesday’s Republican primary for Indiana House District 4 with more than 60% of the vote, beating challenger Craig Haggard and others. Beginning with his first…