In a nutshell, Decentralized Finance (DeFi) is the blueprint for building a global financial system that operates entirely outside of traditional banks and intermediaries. It’s finance, but run by code, not CEOs. The core idea is simple: use blockchain technology to offer financial services—like lending, borrowing, and trading—
Markets
Brett Harrison, the former president of FTX US, is spearheading a new initiative to expand the reach of perpetual futures contracts—an innovation that revolutionized crypto trading—into mainstream financial markets, including stocks, currencies, and commodities. His new venture, Architect Financial Technologies, has secured regulatory approval from the Bermuda Monetary
AI
OpenAI is doubling down on its fastest-growing market. Starting November 4, the company will offer free year-long access to ChatGPT Go for users in India — a bold move that highlights how fiercely AI companies are competing for dominance in the world’s largest digital growth market. The offer, announced just
Finance
Stable, a Layer 1 blockchain designed to power stablecoin transactions, announced it will launch Phase 2 of its pre-deposit campaign next week, following a highly subscribed first round that drew both excitement and controversy. The campaign allows participants to deposit stablecoins—primarily USDT—in exchange for future rewards tied to
Finance
World Liberty Financial has announced a major token distribution, allocating 8.4 million WLFI governance tokens to early participants in its USD1 stablecoin points program. The move marks a significant milestone in the company’s effort to grow adoption of its U.S. dollar-pegged stablecoin, USD1. Two months ago, World
Finance
Visa is deepening its role in the digital asset economy by adding support for four new stablecoins across four different blockchains—a move aimed at broadening payment options and accelerating global money movement. Making stablecoins accessible for everyday purchasesVisa’s new partnership with Bridge helps bring stablecoin-linked cards to more
AI
OpenAI has announced a sweeping corporate restructuring alongside a newly defined partnership agreement with Microsoft, marking what both companies describe as the “next chapter” in their collaboration. The overhaul strengthens OpenAI’s nonprofit roots while clarifying its long-term governance, funding model, and relationship with one of its largest backers. A
Finance
Prediction market operator Polymarket is preparing to reopen to U.S. users before the end of November, signaling a major comeback for the blockchain-based trading platform after years of operating overseas, Bloomberg reported Tuesday. The move positions Polymarket at the heart of an increasingly competitive space where prediction markets and
Markets
The cryptocurrency world is buzzing after former U.S. President Donald Trump granted a pardon to Changpeng “CZ” Zhao, the former CEO of Binance. Industry watchers say the move could reshape the future of both Binance and its native token, BNB. David Namdar, CEO of the digital asset treasury firm
DeFi
Securitize, a leading player in digital asset tokenization, is set to go public through a $1.25 billion special purpose acquisition company (SPAC) deal, marking one of the most significant milestones yet for blockchain-based financial infrastructure. The transaction will merge Securitize with a SPAC sponsored by an affiliate of Cantor
AI
Bitcoin miner TeraWulf is accelerating its pivot into artificial intelligence infrastructure with a new $9.5 billion joint venture alongside AI cloud platform Fluidstack, supported by Google. The partnership will develop a 168-megawatt data center in Abernathy, Texas, marking one of the most significant expansions in the company’s history
If you've ever owned Bitcoin or Ethereum, you've used public and private keys—even if you didn't realize it. These two mathematically linked codes are the core of all cryptocurrency and the reason digital assets are possible without a bank or central authority. They