François Chollet's New Benchmark Exposes What AI Still Can't Do
François Chollet just dropped a benchmark that measures what AI actually can't do yet, and the timing couldn't be more pointed.
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Sky's Stablecoin Just Deployed $1B Into Physical Assets
Sky's stablecoin incubator just put a billion dollars of USDS to work in the real world, and it's not going where you think. Obex, a Sky-backed stablecoin incubator, is deploying $1B in USDS into eight real-world asset projects spanning mortgages, AI infrastructure, and renewable energy.
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SBI Drops $50M on Blockchain Infrastructure as Japan Bets on Tokenized Securities
Japan's biggest financial institution just dropped $50M on blockchain infrastructure—not for speculation, but for real securities moving on-chain. Startale closed a $63M Series A with $50M from SBI Holdings, one of Japan's largest financial services conglomerates
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Payy Raises $6M to Make Crypto Transactions Actually Private
A stablecoin startup just raised $6 million to build something the rest of crypto seems allergic to: financial privacy that doesn't require a PhD in cryptography. Payy raised $6 million in seed funding led by FirstMark Capital, with Robot Ventures and DBA Crypto joining the round
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Sky Dumps $1B Into Real Assets to Prove Stablecoins Can Beat Treasuries
Sky's stablecoin arm just put a billion dollars into real assets, and it's the clearest sign yet that DeFi is done pretending Treasury bills are the endgame.
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ARC Test Proves AI Can't Actually Think
The AI industry just got a test it can't cram for. François Chollet's ARC Prize Foundation released ARC-AGI-3, a new benchmark with 1,000+ video-game-like scenarios testing on-the-fly reasoning instead of memorized responses.
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Bernie Sanders Wants to Freeze All AI Data Centers Until Congress Defines "Safe
Bernie Sanders just proposed a full stop on data center construction until Congress figures out what "safe AI" means.
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Kelp Turned Your Payment Float Into a Tradable DeFi Asset
Kelp just turned payment float into a tradable DeFi asset, and the implications for stablecoin velocity are bigger than most people realize. Kelp launched KUSD, a stablecoin backed by trade receivables and cross-border payment flows, not treasuries or overcollateralized crypto
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Monument Bank Just Put £250 Million in Customer Deposits on the Blockchain
A UK retail bank just put £250 million of customer deposits on-chain, and those deposits still earn interest, still get government insurance, and still act like normal bank accounts.
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Breaking News Clicks Surge 103% While AI Overviews Kill Everything Else
While AI overviews are eating media traffic alive, breaking news clicks are up 103%, and the reason reveals exactly where human journalism still wins. Global publisher traffic from Google dropped one-third last year, with organic search down 42% according to Define Media Group analysis
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China Blocks $2B Meta Deal, Traps AI Founders at Border
China just put the cofounders of Manus under exit ban while it reviews Meta's $2 billion AI agent acquisition, and this is the real opening shot in the AI sovereignty war.
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Monument Bank Just Put $312M in Customer Deposits on the Blockchain
A British bank just turned customer deposits into blockchain tokens, and regulators said yes. Monument Bank is tokenizing £250 million in retail deposits, making them programmable while keeping FSCS protection and interest payments intact.
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Two-Year-Old AI Notetaker Hits $1.5B Valuation by Doing Less
A two-year-old AI notetaker just hit unicorn status by doing one thing better than everyone else: getting out of the way. Granola raised $125 million at a $1.5 billion valuation, led by Index Ventures, two years after launch
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Kraken Partners With STS Digital to Distribute 400-Token Structured Products Platform
Institutional crypto infrastructure just got a lot more serious. STS Digital launched a structured products platform covering 400 tokens, with Kraken handling distribution to banks, family offices, and high-net-worth individuals
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Ripple Tests Live Stablecoin Settlements in Singapore's Programmable Money Sandbox
Singapore just opened a sandbox for programmable money in trade finance, and Ripple walked in with a live stablecoin ready to settle cross-border payments. Ripple joined Singapore's Monetary Authority BLOOM initiative to test RLUSD and XRP Ledger for automated trade settlement
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Pentagon Picks Anthropic Over OpenAI for Military AI
The AI safety narrative just collided with the Pentagon's procurement office, and the wreckage tells us more about power than principles. Anthropic and OpenAI are both negotiating Pentagon deals, sparking user exodus from ChatGPT and London's largest AI protest to date
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Bitpanda Built Blockchain Banking Rails the EU Will Actually Regulate
Europe's crypto infrastructure is being rebuilt by the firms that survived the last cycle, and Bitpanda just made the most EU move possible: building blockchain rails that banks might actually use.
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CFTC Forms Task Force to Write Crypto Rules Before AI Agents Do
The CFTC just stood up a cross-functional innovation task force to write the rules for crypto, AI agents, and prediction markets before they outrun the regulators.
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BNY Mellon CEO: Big Banks Will Control Crypto's Future
The world's oldest bank holding company just told crypto natives where the real power sits. BNY Mellon CEO Robin Vince says big banks will be the bridge between digital assets and traditional finance, positioning incumbents as necessary infrastructure for crypto's next phase
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BlackRock: AI Agents Will Trigger Crypto's Next Rally, Not Altcoins
BlackRock just told the market the altcoin casino is closed and AI agents are the only party that matters. BlackRock's Robbie Mitchnick says institutional clients want bitcoin, ether, and maybe two others, not broad crypto exposure or the next meme coin.
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