AI
Tesla is doubling down on its China strategy by bringing in two homegrown artificial intelligence platforms—Deepseek and Doubao—to upgrade its in-car voice assistant. The move aims to give Chinese drivers a more natural, localized experience while ensuring compliance with local regulations. A recently updated terms of service on
Finance
Turkey’s first commission-free trading app, Midas, is edging closer to unicorn status after securing a record-breaking $80 million funding round—the largest ever for a Turkish fintech company. The Istanbul-based brokerage, officially known as Midas Menkul Değerler AŞ, is now valued at nearly $1 billion, according to sources close
Politics
Billionaire entrepreneurs Tyler and Cameron Winklevoss, co-founders of the Gemini cryptocurrency exchange, have donated $21 million worth of Bitcoin to a political action committee (PAC) supporting former U.S. President Donald Trump. The contribution went to the Digital Freedom PAC, a Republican-aligned group promoting pro-crypto policies ahead of the 2024
Innovation
In a Brooklyn warehouse buzzing with innovation, developers from across the globe gathered for Coinbase’s “Crypto x AI” hackathon—an event spotlighting how artificial intelligence and stablecoins could transform the way we exchange value in a digital world. Recap of Code NYC by @CoinbaseDev this past weekend (August 9–
Markets
Tether Holdings, the company behind the world’s most-used stablecoin USDT, has appointed Bo Hines—a former senior crypto adviser to the Trump administration—as its new strategic advisor. The move signals Tether’s growing ambition to expand its footprint in the United States amid a shifting regulatory landscape. Hines
Markets
Figure Technology Solutions, a blockchain-based lending platform, has taken a significant step toward entering the public markets. The company filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC) this week, following a strong financial performance in the first half of 2025. Headquartered in
Markets
Gemini, the crypto exchange founded by billionaire twins Cameron and Tyler Winklevoss, has officially filed for an initial public offering (IPO), joining a growing wave of digital asset firms heading to the public markets. According to a filing with the U.S. Securities and Exchange Commission on Friday, New York-based
AI
Foxconn, the Taiwanese manufacturing powerhouse also known as Hon Hai Precision Industry Co., is reshaping its U.S. operations with a major pivot toward artificial intelligence. The company announced it will expand AI server production at its facility in Ohio—part of a strategic realignment to support soaring demand from
Finance
Crypto exchange Bullish is moving forward with plans to go public, seeking to raise up to $629.3 million through a U.S. initial public offering (IPO), according to a regulatory filing released Monday. The Cayman Islands-based firm plans to offer 20.3 million shares priced between $28 and $31
Finance
In a groundbreaking move that highlights the growing convergence between traditional finance and the digital asset space, JPMorgan Chase and Coinbase have announced a new partnership that will allow customers to directly link their Chase bank accounts to Coinbase crypto wallets. The initiative, expected to launch in 2025, aims to
Markets
The U.S. Federal Reserve opted to leave interest rates unchanged on Wednesday, keeping its benchmark range at 4.25% to 4.5%, as fresh data suggests the economy is beginning to lose steam. While the decision was largely anticipated by economists and investors, the central bank’s more cautious
AI
At the World Artificial Intelligence Conference in Shanghai, China unveiled a major new initiative aimed at reshaping the future of global AI governance: the World AI Cooperation Organization. Set to be headquartered in Shanghai, the group seeks to unite countries—particularly those from the Global South—around shared standards for