Finance
HashKey Holdings, operator of Hong Kong’s largest licensed crypto exchange, has taken a major step toward going public after filing for an initial public offering that could raise as much as HK$1.67 billion (about $215 million). If completed, it would mark the first time a homegrown crypto
AI
Enterprise use of AI is shifting from small pilot projects to deep operational integrations, according to new data released by OpenAI. The company says businesses are no longer treating generative models as simple assistants for summaries or short replies. Instead, they’re assigning multi-step tasks and wiring models directly into
Finance
Hyperliquid Strategies, a major holder of the HYPE token and a newly formed digital asset treasury, has approved a plan to repurchase up to $30 million of its own stock over the next year. The company, which trades on Nasdaq under the ticker PURR, announced the move on Monday. Stock
AI
ByteDance’s unveiling of an agentic AI smartphone prototype with ZTE on December 2 drew fast excitement from consumers, followed almost immediately by questions about privacy. The rush of attention pushed the device to a quick sell-out, then forced ByteDance to scale back several features. Beneath the noise, though, the
Markets
Binance says it has suspended an employee after an internal review pointed to possible insider trading linked to a newly listed token that the crypto community believes is the “year of the yellow fruit” meme coin. In a statement posted Monday, the exchange said its audit team received a report
Finance
BlackRock has taken another step into the digital asset market, filing a new registration with the U.S. Securities and Exchange Commission for a staked Ethereum exchange-traded fund. The proposed product, called the iShares Staked Ethereum Trust ETF, would track the price of ether while also capturing staking rewards—provided
Regulation
Ondo Finance says the U.S. Securities and Exchange Commission has ended its multi-year investigation into the company without filing charges, a development the firm views as a meaningful step for the tokenization sector in the United States. The confidential probe began in 2024, a period marked by market turmoil,
Finance
Stable, a Layer 1 blockchain backed by Bitfinex and built around Tether’s USDT, has launched its mainnet along with its native STABLE token. The project aims to position itself as a dedicated network for stablecoin activity and digital payments, with plans to serve both institutional users and everyday consumers.
What Wrapped Ether Actually Is If you’ve spent any time on Ethereum, you’ve probably noticed something odd. Most of the tokens you trade follow the ERC-20 standard, but Ethereum’s native currency, ETH, doesn’t. ETH came first, and the ERC-20 standard showed up later. That mismatch creates
AI
Google is moving closer to a long-standing tech ambition: a unified operating system that blends the mobility of Android with the productivity of a desktop environment. The project, internally known as Aluminium OS, is positioned as the AI-driven successor to ChromeOS and is expected to debut on Android-powered laptops in
Finance
Robinhood is preparing to enter Indonesia through agreements to acquire two local financial companies, marking the U.S. trading platform's first major step into Southeast Asia’s largest economy. In a blog post on Sunday, the company said it will acquire brokerage PT Buana Capital Sekuritas and crypto
Finance
Farcaster is charting a new course. After more than four years focused on building a decentralized social network, the protocol’s team is shifting its attention to a fast-growing part of its ecosystem: its wallet service. The change in direction was explained by co-founder Dan Romero in a series of