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[ad_1] Key TakeawaysBitcoin exchange-traded funds (ETFs) lost $113.78M on June 23 as Blackrock’s IBIT shed $182M.Ether ETFs fell $82.35M, showing risk-off sentiment despite Fidelity’s $15.69M inflow.HYPE gained $1.46M and Solana added $137K, signaling selective crypto demand. Fidelity’s FETH Draws $15.7 Million but Ether ETFs Still Post $82 Million Outflow The market’s patience with crypto ETFs is being tested again. Bitcoin and ether funds remained under pressure on Tuesday, June 23, extending a difficult start to the week. The selling was not broad enough to suggest a full retreat from the asset class, but large exits from key funds continued to…
[ad_1] OpenAI will now use its first custom AI chip “Jalapeño” made by Broadcom. It will be used for the heavy computing work of running AI models for people using ChatGPT and other apps. The company called it a big step in its plan to build the full stack behind its models and products. “By designing more of the stack ourselves, we can serve more intelligence with greater efficiency and keep pushing advanced AI toward broader access,” Greg Brockman, OpenAI’s president, said in a statement. Broadcom’s stock (NASDAQ: AVGO) rose about 2% after the news. The stock has grown 10%…
[ad_1] Polymarket and Kalshi, prediction markets where users can bet on outcomes as varied as the Super Bowl and the length of the State of the Union address, have been some of the fastest-growing destinations on the internet.Mark Zuckerberg has noticed — and he wants in on the action.Mr. Zuckerberg, the chief executive of Meta, recently dispatched a small team at his company to create a smartphone app similar to Polymarket and Kalshi, two employees with knowledge of the matter said. Users would not wager money, and the app would probably rely on a video-game-like points system instead, one person…
[ad_1] To understand Generation Z trends, you need to focus on key areas shaping their lives. Start by examining their approach to work-life balance; they prioritize jobs that align with personal values. Next, consider their financial literacy, as they seek purposeful careers. Look into their mental health perspectives and travel preferences that favor experiences over possessions. Explore how they embrace sustainable practices and AI technology. These insights can help you connect with this generation effectively. What comes next might surprise you. Key Takeaways Gen Z prioritizes work-life balance, valuing supportive environments and mental health awareness in their career choices. Financial…
Chainlink teams up with 47 South Korean, European banks to speed up international money transfers
[ad_1] “This is not just a POC,” Ariyasinghe said. “Everyone’s coming in with their eyes wide open. Appetite is very much about building real infrastructure … The target is live transactions within a legal, regulatory compliance framework within the next 12 months.”A $150 billion trade corridorThe initiative is focusing on the trade corridor between Europe and South Korea, an economic artery that processes over $150 billion in goods and services annually, making it one of the world’s 15 largest trade routes. It also taps into regional trends: Industry data shows that 60% of all global stablecoin payments are happening in…
[ad_1] Elizabeth Warren has spent much of the past decade warning Americans about the risks posed by privately issued and decentralized digital assets.Over the years, the Massachusetts Democrat has built a reputation as one of crypto industry’s most recognizable critics by persistently linking the emerging industry to money laundering, speculative excess, consumer losses, and sanctions evasion.Throughout her crusade against Bitcoin, she frequently offered a distinct alternative in a central bank digital currency, or CBDC.In a 2021 Senate appearance, she stated:Digital currency from central banks has great promise. Legitimate digital public money could help drive out bogus digital private money. It…
[ad_1] The following article originally appeared on Addy Osmani’s blog and is being reposted here with the author’s permission.Loop engineering is replacing yourself as the person who prompts the agent. You design the system that does it instead. A loop here can be thought of as a recursive goal where you define a purpose and the AI iterates until complete. I believe this may be the future of how we work with coding agents. However, it’s still early; I’m skeptical, and you absolutely have to be careful about token costs (usage patterns can vary wildly if you are token rich…
[ad_1] A missed phone call costs more than a missed opportunity.Let’s say a customer calls you in a time of need, reaches voicemail, but doesn’t leave a message. Instead, they call the next number on their contact list. You don’t just lose the opportunity to solve that problem, but also the chance to sell to the same customer. Next time, you might not be the first they call when there is a presumption that their call will go unanswered. Quo Sona was built to catch such calls before they go elsewhere. While Quo Sona is a starting point for some,…
[ad_1] TL;DR Kraken Co-CEO Arjun Sethi opened Money20/20 Europe 2026 with a keynote titled “Money Open” on the Orbital Stage. A Kraken fireside with Citi explored embedded financial services for digital commerce, putting Payward Services front and center. Krak took over The Block with a multi-session Coffee House, while xStocks hosted a markets-themed happy hour. Payward Services brought partners, customers, and the Kraken VIP community together across dinners and happy hours all week. This year’s conversations centered on agentic commerce, stablecoins, embedded finance, and the regulation working to keep pace. Kraken showed up across all of it: on the main…
[ad_1] TL;DR Pump.fun launched GO in early June as a bounty marketplace backed by escrowed crypto rewards. The feature has drawn criticism over dangerous, degrading and poorly moderated user-created tasks. The backlash highlights how crypto incentives can create regulatory and safety risks when platforms reward viral behavior. A Viral Crypto Feature Becomes A Moderation Test Pump.fun’s GO feature is facing growing backlash after turning crypto rewards into a marketplace for user-created bounties. The Solana-based memecoin platform launched GO in early June, allowing users to escrow SOL or tokens and pay participants who submit proof that they completed specific tasks. In…