Everything web3, crypto, defi, degen
In brief Telegram launched Cocoon, a decentralized AI compute network on TON that pays GPU owners in crypto for powering private AI tasks. Telegram will use Cocoon internally, integrating it into Mini Apps and AI tools for its billion-plus users. The project challenges Big Tech’s dominance, positioning TON as an open, user-controlled alternative to AWS…
In brief Bitcoin miner TeraWulf is aiming to raise a total of $575 million to fund its data center plans. The Nasdaq-listed company in August said it was working with Fluidstack to build an AI data center with 168 MW of critical IT load. TeraWulf’s stock was down slightly on Wednesday after spiking the previous…
In brief Microsoft valued its OpenAI stake at $135 billion and extended exclusive rights to frontier models through 2032. OpenAI can now work with outside developers and release open-weight models, while Microsoft can pursue AGI independently. The update comes as Microsoft faces an antitrust suit alleging it used Azure’s dominance to inflate ChatGPT prices. On…
In brief Bitwise’s Solana ETF BSOL drew $69.5M in debut inflows on Tuesday.. The fund’s low 0.20% fee and direct staking approach contrasts with Rex-Osprey’s Solana Staking ETF. Strong ETF demand comes amid Solana’s 3.1% price decline on the day to $194. Bitwise Asset Management’s spot Solana ETF is off to a promising start.On Tuesday,…
In brief 1.2 million users (0.15% of all ChatGPT users) discuss suicide weekly with ChatGPT, OpenAI revealed Nearly half a million show explicit or implicit suicidal intentions. GPT-5 improved safety to 91%, but earlier models failed often and now face legal and ethical scrutiny. OpenAI disclosed Monday that around 1.2 million people out of 800…
In brief Bitcoin miner TeraWulf said Tuesday that it is expanding its partnership with Fluidstack. The company in August announced Google-backed plans to expand into the world of AI. TeraWulf’s stock climbed nearly 17% on Tuesday. On a largely bleak Tuesday for Bitcoin mining stocks, TeraWulf’s share price soared nearly 17% after the Nasdaq-listed firm…
In brief Bitcoin trading at $115,542, nearly 1% above the critical $114,200 monthly open level. Technical indicators show bullish momentum after a major correction earlier this month. Sentiment on prediction markets remains strong, but the upcoming Fed meeting and trade talks with China could swing things in either direction. It’s been an up and down…
Western Union will release a stablecoin via the Solana blockchain in 2026, the company said Tuesday.The international payments firm said in a joint announcement with the Solana Foundation that the new digital token will be called USDPT and issued by Anchorage Digital Bank.”Western Union will provide users with access to digital assets, and we look…
In brief Securitize is eyeing a Nasdaq debut through an SPAC deal. The proposed merger would value Securitize at $1.25 billion. The firm is behind BlackRock’s $2.8 billion BUIDL fund. Securitize plans to go public by combining with Cantor Equity Partners II, in an SPAC deal valuing the BlackRock-backed tokenization firm at $1.25 billion, according…
In brief Trump Media and Technology Group, in which President Donald Trump is a majority stakeholder, is working with Crypto.com to debut a prediction market. Truth Predict, users will allow users to put money on sports games, elections, and other events. A Nevada judge this month denied Crypto.com’s injunction request to block state gaming regulations…
