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Startup launches first universal AI agent payment plugin in Asia’s $28.9 trillion e-commerce market

Many experts share the perspectives of Bilotta AI agents, including Charles Hoskinson, founder and CEO of Cardano’s Input Output, who said that by 2035, they will become more relevant than humans. Macroeconomic figures support his position. Data from the US International Trade Administration via Trade.gov shows that business-to-business (B2B) e-commerce in the broader Asia-Pacific region […]

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Elon Musk’s SpaceX is now worth nearly double the value of bitcoin, $2.6 trillion

The entire Bitcoin market was worth around $1.2 trillion as of Wednesday. SpaceX, at $2.5 trillion, is worth nearly twice that, and it draws on the same risk budget as crypto — the point ARK made earlier this week when it financed its purchase of SpaceX by selling other securities. Caution is advised: Expectations now

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New Bittensor proposal would turn validators into something like fund managers

Instead of selling everything, each validator would choose a set of subnets to support, much like selecting a fund’s holdings. The yield that would have been sold is reinvested in the chosen subnetworks, kept as a basket that accumulates over time and returned to the validator. Punters always get their return and can cash out

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FIFA wanted the Avalanche blockchain to help curb World Cup ticket scalping. This is how it happens

Beyond new revenue opportunities, the model gives FIFA more visibility into who ultimately attends its events. In the traditional ticketing ecosystem, much of this information is controlled by secondary markets. “The real administrator of these tickets, FIFA, has no idea who people are buying from,” Carbonaro said. “This data can be found at SeatGeek, StubHub,

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Kentucky targets prediction markets, puts red state in potential showdown with Team Trump

A Polymarket spokesperson said the company looks forward to responding to these claims. “This action goes against the framework established by the CFTC to regulate prediction markets,” the spokesperson said in an emailed statement to CoinDesk. So far, states that have filed such a challenge against prediction markets have faced countersuits from the CFTC, where

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Bitcoin (BTC) Layer 2s Face a Bear Market Reality Check

The distinction matters. Wrapped Bitcoin products such as WBTC, Coinbase’s cbBTC, and Circle’s recently announced synthetic Bitcoin product are already allowing BTC to circulate in DeFi. But Tse said many bitcoin holders don’t like to give up custody in exchange for synthetic tokens. “Most users, many users, don’t like it,” he said. “They don’t want

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Fed Holds Rates, Moves Toward Fighting Inflation With Future Increases

The Federal Reserve held interest rates steady and officials braced for higher borrowing costs as inflation fears dominated Kevin M. Warsh’s first meeting as central bank chairman. The decision was made on Wednesday to keep rates within a range of 3.5 percent to 3.75 percent for a fourth consecutive meeting. supported by the 12 members

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Fidelity joins Wall Street race to manage stablecoin reserves

The GENIUS Act, signed into law last year, established the first federal framework for payment stablecoins in the United States. Among other requirements, issuers must hold reserves in cash, short-term Treasury securities, and certain government money market funds. The legislation has created the opportunity for traditional asset managers to offer regulated vehicles that stablecoin issuers

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Here’s how Coinbase plans to survive the crypto winter by ditching its reliance on trading fees

Coinbase’s (COIN) latest product launch event may not have changed Wall Street’s near-term earnings forecasts, but it reinforced analysts’ growing belief that the crypto exchange is gradually transforming into a broader financial platform with revenue streams that extend beyond bitcoin’s price cycles. At Tuesday’s System Update event in New York, Coinbase unveiled products covering derivatives,

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