Technology

Researchers Build Microscopic Gears Powered by Light in Milestone for Nano-Scale Machines

In brief Scientists etched working gear trains on a chip, driven solely by photon momentum. The devices could someday power microfluidic pumps, reconfigurable optics, and tiny surgical tools. Efficiency remains extremely low, making the work an elegant proof-of-concept, not a product. Researchers have built microscopic machines—complete with working gears, racks, and pinions—that run entirely on…

Markets

FalconX Opens Door to Trading Ethereum’s Native Yield

In brief FalconX executed the first forward rate agreements benchmarked to the Treehouse Ethereum Staking Rate. The products allow institutions to manage exposure to volatile staking yields, though they aren’t available to U.S. clients. The launch follows record demand for Ethereum staking, with validator queues hitting two-year highs. San Mateo, California-headquartered FalconX said Thursday it…

Business

China Presses Brokers to Halt Real-World Asset Tokenization in Hong Kong: Report

In brief Chinese regulators have reportedly given informal guidance to brokers to halt tokenization activity offshore. Hong Kong is pushing ahead with stablecoin licensing and its broader digital asset push. Observers see a temporary cooling period, not a reversal of institutional demand. China’s securities regulator has reportedly instructed some brokerages to pause their real-world asset…