Balaji Srinivasan is doing what he's always done: building parallel institutions where the old ones are too slow, except this time he's shopping for a host nation. Balaji Srinivasan pitched Malaysian officials on his crypto startup school project, seeking policy support to establish the program
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The gap between who owns a company and who thinks they own a company just cost someone real money. Anthropic issued a warning that unauthorized third-party stock purchases and tokenized shares may be void, triggering a 45% crash in tokenized share prices across secondary markets
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Anthropic just figured out how to stop AI power users from draining their entire subscription business model — by inventing a two-tier credit system that makes "unlimited" mean two different things at once.
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When the companies holding billions in crypto assets won't go public, that tells you more about public markets than it does about crypto. Ledger shelved its $4B NYSE IPO plans, joining Kraken in pausing public offerings as market conditions sour for crypto stocks.
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The gap between having ChatGPT and knowing what to do with it just became a billion-dollar consulting opportunity. OpenAI is acquiring a consulting firm to create a private equity-backed joint venture with TPG Inc. focused on AI adoption across businesses
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The tokenization dream just got its first Wall Street translator, and he brought $19 billion to the conversation. NUVA, backed by Animoca Brands, launched to bridge Figure's $19 billion in tokenized real-world assets to Ethereum, starting with home equity lines of credit and U.S. Treasuries.
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The playbook for scaling AI infrastructure in 2026: deploy first, ask permission never, and add more capacity while the lawyers argue.
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While Nvidia prints money selling picks and shovels, Cerebras just bet $4.8 billion that the entire mine is designed wrong. Cerebras priced its IPO at $185 per share, targeting a $4.8 billion raise after upsizing the offering by one-third due to strong demand
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When the world's richest man tries to settle with the SEC for pocket change, even federal judges smell something off. A federal judge rejected a $1.5 million settlement between Elon Musk and the SEC over his delayed disclosure of his Twitter stake in 2022, citing "red flags"
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The flight to safety is happening on-chain now. Tokenized U.S. Treasury products crossed $15.35 billion as macro uncertainty drives capital toward yield-bearing stablecoins and Treasury tokens instead of bitcoin
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The AI arms race just pivoted from Fortune 500 boardrooms to main street, and the battleground is invoice chasing. Anthropic launched Claude for Small Business, a pre-built package of agentic workflows targeting 25-50 employee businesses with connectors to QuickBooks, PayPal, HubSpot, and DocuSign.
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The AI model too dangerous to release widely just got its first institutional customers, and everyone locked out is scrambling to build their own.
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The banks blinked first. Senator Bernie Moreno is pushing the revised CLARITY Act through Senate markup with key amendments on stablecoin yield and tokenized securities, calling out traditional banks for "panic-lobbying" against it.
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The horse race is dead even, which means the real competition is just starting. Ethereum and Solana DEX volumes have converged near $45 billion, erasing Solana's previous dominance in decentralized exchange trading activity.
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Hollywood's gatekeepers just handed $12 million to the thing that makes their entire cost structure obsolete. TrueShort raised $12 million in seed funding led by Keith Rabois at Khosla Ventures, with Jeffrey Katzenberg's WndrCo, A24's Ravi Nandan, and General Catalyst joining the round
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China's AI spending spree just hit the quarterly earnings wall, and investors want their money back. Alibaba and Tencent both missed revenue estimates despite ramping up AI infrastructure spending over the past year
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Amazon just turned the most valuable real estate in e-commerce into an agent interface. Amazon is replacing Rufus with Alexa for Shopping, powered by Alexa Plus, directly in the Amazon.com search bar
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The infrastructure for Bitcoin NFTs is dying before most people realized it was alive. Ord.io, a major Bitcoin Ordinals explorer, and its consumer app Zap are shutting down June 1 due to financial challenges
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China's gaming and advertising giant just proved that spending billions on AI infrastructure doesn't automatically translate to revenue growth. Tencent posted its slowest revenue growth in six quarters, missing analyst estimates despite heavy AI investment
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SpaceX wants to launch a million data centers into orbit, and the climate math doesn't add up the way Elon says it does.
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