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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When AI profits pile up faster than a country can tax them, somebody's going to suggest splitting the check. South Korea is debating a "citizen dividend" funded by taxes on AI company profits as its tech sector experiences a profit boom
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Wall Street wants blockchain, just not your blockchain. Three institutional blockchain platforms — Arc, Canton, and Tempo — have collectively raised over $1 billion, signaling that privacy infrastructure is becoming the primary institutional on-ramp to crypto
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When your chatbot becomes evidence in a wrongful death suit, you're no longer building tools — you're building co-defendants. The widow of a Florida mass shooting victim is suing OpenAI, claiming the company "knew this would happen"
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The best dictation startups just became feature sets in Google's keyboard. Google is adding Gemini-powered dictation to Gboard, launching first on Samsung Galaxy and Pixel phones Platform integration wins again: what took startups years to build becomes table stakes overnight
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When a $60 billion AI company tells you not to buy its shares from eight specific platforms, the real story isn't fraud protection—it's who gets to profit from the picks-and-shovels economy of intelligence.
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Eight months to a billion dollars proves tokenized equities aren't a pilot project anymore. Ondo Global Markets hit $1 billion in total value locked across tokenized stocks and ETFs in just eight months, capturing 70% market share in the tokenized equity sector.
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A top-five European bank just put its dollar stablecoin in front of millions of retail wallets—this isn't a pilot anymore. Societe Generale is expanding its USD stablecoin to millions of crypto wallet users, marking one of the largest bank-led pushes to bring institutional digital money to retail
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The AI governance panic has arrived, and it's got $11 million in seed funding. White Circle, a Paris-based startup, raised $11 million to build real-time control tools for deployed AI systems, backed by executives from OpenAI, Anthropic, DeepMind, Mistral, and Hugging Face.
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The gap between owning crypto and using it like a real financial instrument just got narrower for institutions that have been watching from the sidelines.
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While Silicon Valley argues about AI valuations in the abstract, Hong Kong just watched investors put $270 million into drug delivery algorithms and get a 185% first-day return. Metis TechBio raised HK$2.1 billion ($270 million) in its Hong Kong IPO, using AI for drug delivery and formulation
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The economics make no sense yet, but Google's betting that gravity costs more than rocket fuel in the long run. Google and SpaceX are negotiating to launch orbital data centers, starting with test products despite costs far exceeding terrestrial infrastructure today
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The door to Silicon Valley's most coveted private companies just opened to anyone with $100 and a crypto wallet. Injective has launched tokenized pre-IPO equity access to OpenAI, SpaceX, and Anthropic, with Bitget offering similar products on Solana starting at $100 minimum investment.
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