Finance
Sui has unveiled suiUSDe, a new synthetic stablecoin built natively on its blockchain, in partnership with Ethena Labs and Nasdaq-listed SUI Group Holdings (SUIG). Announced on October 1, the launch positions Sui as the first non-EVM network to offer a yield-generating dollar asset, underscoring its ambitions in decentralized finance (DeFi)
AI
At Huawei’s Shanghai Acoustics R&D Centre, car audio is not treated as a luxury add-on—it’s treated as science. Since investing heavily in audio research back in 2012, the tech giant has been building a comprehensive program that combines laboratory-grade engineering with artistic sound tuning. The
Opinion
Robinhood CEO Vlad Tenev believes the global financial system is on the verge of a major shift, predicting that most major markets will adopt a framework for asset tokenization within the next five years. Speaking at the Token2049 conference in Singapore on Thursday, Tenev compared tokenization to a “freight train”
What Is Injective? Injective (INJ) is a Layer 1 blockchain purpose-built for decentralized finance (DeFi). Unlike many blockchains that focus broadly on general applications, Injective zeroes in on financial use cases—giving developers pre-built modules for creating exchanges, derivatives platforms, and other DeFi services. The network is built with the
AI
Artificial intelligence is reshaping industries across Asia Pacific, but it’s also putting unprecedented pressure on the region’s data centres. Traditional facilities—built for earlier generations of computing—are struggling to cope with the energy demands, cooling requirements, and workload fluctuations of AI-powered systems. By 2030, rack power densities
AI
Adopting artificial intelligence at scale remains a challenge for many enterprises. While the promise of generative AI is immense, businesses often struggle with slow deployment due to complex integration, customization needs, and compliance concerns. Reply, a global consulting and systems integration firm, is tackling this problem with a suite of
The Big Idea One of the biggest hurdles in decentralized finance (DeFi) has been access to safe, reliable assets. While crypto-native yields can be high, they’re often volatile. Enter OpenEden, a platform that tokenizes U.S. Treasury securities and brings them on-chain. That means investors can hold some of
DeFi
Coinbase has crossed a major milestone in its lending business, surpassing $1 billion in bitcoin-backed onchain loan originations just eight months after the service launched in January. The program, powered by decentralized finance (DeFi) protocol Morpho—a Coinbase Ventures portfolio company—allows users to borrow stablecoin USDC against their bitcoin
Markets
Shares of Helius Medical Technologies (Nasdaq: HSDT) skyrocketed more than 250% on Monday after the company announced a $500 million funding round to build a Solana-based digital asset treasury. The move positions Helius among a growing wave of publicly traded firms making long-term bets on Solana (SOL) as a corporate
Finance
VisionSys, a Nasdaq-listed company specializing in AI-powered healthcare and biotech solutions, has unveiled plans to establish a Solana (SOL) treasury in partnership with staking protocol Marinade Finance. In a statement released Wednesday, VisionSys said its subsidiary Medintel Technology will work exclusively with Marinade to launch a digital asset treasury strategy.
Finance
Tether is turning to social video platform Rumble to accelerate adoption of its new U.S.-focused stablecoin, USAT. Speaking at the Token2049 conference in Singapore, Tether CEO Paolo Ardoino revealed that Rumble will roll out a crypto wallet powered by Tether’s technology later this year, giving its 51
DeFi
Lower global interest rates could fuel the next wave of decentralized finance (DeFi) growth, according to Aave founder and CEO Stani Kulechov. Speaking at the Token2049 conference in Singapore, Kulechov said monetary easing by central banks may set the stage for another “DeFi summer,” echoing the explosive growth the industry