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Democrats in the U.S. Senate continue to pile onto Binance, asking the Treasury and Justice departments to investigate its sanctions compliance and protections against illicit finance following reports of potential terrorism funding.Nine senators, including a few that have been instrumental in negotiations over the crypto industry legislation known as the Digital Asset Market Clarity Act, sent a letter Friday to the chiefs of the federal agencies, requesting they probe the exchange after news reports on possible breaches, which also claimed the company had fired some of the compliance personnel involved in discovering the transactions.The latest move from Democrats follows an…
AlloX is an AI-powered capital allocation platform recently launched and designed to help investors build diversified, risk-managed portfolios in the narrative-driven crypto market. It leverages artificial intelligence and automation to bridge TradFi and DeFi, enabling clear, transparent capital allocation. AlloX is building the much-needed AI-driven allocation layer that crypto users can harness to invest in the narratives that drive the market, not in temporarily popular tokens. The platform soft-launched on February 23, and in only three days, it recorded over 3.8 million transactions, totaling over $123 million in volume and $751.3K in on-chain value from more than 84,700 connected wallets.…
“You could even retire at 55 with $500,000 and be perfectly fine. Am I right?”
Blockchains and artificial intelligence are complementary technologies, according to crypto asset manager Grayscale, even as markets have recently treated them as part of the same trade.Zach Pandl, Grayscale’s head of research, said that while disruptive technologies tend to produce clear winners and losers, the relationship between AI and blockchain is more symbiotic than competitive. Rapid AI adoption is expected to reward some industries, such as chipmakers, while pressuring others, including segments of professional services.”Although crypto valuations have been tightly correlated with the drawdown in software stocks, we think blockchains and AI are complementary from a fundamental standpoint,” he said in…
Funds Locked On-Chain and Automatically Release Only When WIF Deployer transfers ownership. GOTPROOF, the infrastructure protocol for verifiable payments, spend proofs, and asset verification, today announced it has deposited $250,000 into a public Proof smart contract. The funds will remain locked until the original deployer of the WIF (dogwifhat) token submits their wallet, at which point the full amount will transfer automatically. This is not a marketing stunt. It is a live, on-chain demonstration of how high-value coordination can happen with verifiable, cryptographic guarantees. “Large on-chain deals are still coordinated through private DMs, informal escrow, and reputation-based trust,” said Todd,…
The company, which makes hyperconverged infrastructure including storage offerings, is partnering with AMD and betting that AI customers want flexible ecosystems.
LONDON, Feb 24 (Reuters) – Citigroup’s hedge fund clients sold the dollar around Friday’s U.S. Supreme Court ruling on President Donald Trump’s sweeping tariffs, according to a note from the U.S. bank shared with Reuters late on Monday. The dollar fell in volatile trading on Friday after the Supreme Court struck down the tariffs based on a national emergency law. “Citi’s hedge fund clients were net USD (dollar) sellers around and after the tariff ruling,” Kristjan Kasikov, global head of Citi FX Quant Investor Solutions, said in the note, adding the Australian dollar was the most bought currency among major…
Flow Foundation is taking a series of concrete actions to strengthen FLOW. This post outlines three initiatives: a token buyback & burn, continuous token acquisition with structural improvements to liquidity, and long-term inflation management. Why This Matters A healthy token economy underpins everything built on the network. Developers evaluate where to build based on the economic strength and sustainability of the ecosystem. Validators commit resources to networks where the economics are structurally sound. Users engage with applications where they trust the underlying infrastructure. When the token economy functions well, every participant benefits. The Foundation recognizes its responsibility here. Protocol development…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 1937.2, up 4.4% (+82.19) since 4 p.m. ET on Tuesday.All 20 assets are trading higher.Leaders: DOT (+17.2%) and AVAX (+12.9%).Laggards: BTC (+2.8%) and AAVE (+3.0%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.