Everything web3, crypto, defi, degen
In brief FTSE Russell will publish its global equity, FX, and digital asset benchmarks directly on blockchain networks. The data will be accessible to over 2,000 applications across more than 50 public and private blockchains. Observers say the move could transform traditional reference indices into programmable and verifiable financial primitives. FTSE Russell, a global index…
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In brief Stripe is working with crypto venture firm Paradigm to build a new layer-1 network for payments and stablecoins. The network is in private testnet, being built with design input from global firms like OpenAI, Shopify, and Visa. Tempo will feature low fees, a payments-first user experience, and opt-in privacy features. Stablecoins and payment…
In brief Pseudonymous crypto influencer The White Whale had his $3 million MEXC account suspended in July, and has been on a social media crusade to get it back ever since. On Friday, MEXC apologized, returned his funds, and promised to make changes to stop it from happening again in the future. However, several other…
In brief Coinbase CEO Brian Armstrong rattled off a handful of words after seeing prediction market on his firm’s earnings call. The stunt, which Armstrong called spontaneous, has drawn mixed reviews from industry observers. Some users praised Armstrong’s antics, while others likened it to market manipulation. Coinbase CEO Brian Armstrong helped some prediction market users…
In brief A romance web-novel hit No. 1 after its author used AI to publish dozens of chapters a day, gaming Kakuyomu’s ranking system. The author apologized for not making it obvious that the novel was largely AI-generated. Writers warn the flood of AI fiction could drown human voices, while defenders call it creative evolution…
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 Kraken’s parent company, Payward, topped the list of spenders from the crypto industry. Payward spent between $323,000 and $430,000 in 2024. The EU’s Markets in Crypto-Assets Regulation went fully into effect on December 30, 2024. Crypto exchanges spent millions lobbying the European Union in 2024, based on publicly available data, with many of…
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 Altman admitted OpenAI mishandled the 4o-to-5 upgrade and pledged freer, more transparent tools. “Adult mode” will relax content limits while protecting minors and users in crisis. OpenAI’s $1.4 trillion build-out and new foundation will fund AI-driven science and resilience projects. OpenAI chief executive Sam Altman faced users on Tuesday, answering questions in a…
