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Elon Musk stated on May 28 that xAI had not signed an agreement with Telegram to distribute the Grok large language model, despite Telegram founder Pavel Duvov’s announcement earlier on the same day.
Durov wrote that he and Musk “agreed to a one-year partnership” that would place Grok inside all Telegram applications and give the chat platform “$300 million in cash and equity,” plus half of every...
Donut, a new crypto-native browser purpose-built for autonomous agents, announced on May 29 that it has secured $7 million in pre-seed funding to reimagine how users and AI interact with the decentralized web.
The round was led by Hongshan (formerly Sequoia China), BITKRAFT Ventures, and HackVC, with additional backing from Sky9 Ventures, Matrix Partners, Makers Fund, Altos Ventures, Orthogonal...
House Financial Services Committee Chairman French Hill introduced the Digital Asset Market Clarity Act on May 29, a bipartisan measure that would place most cryptocurrencies under a unified federal regime and draw clear lines between securities law and commodity oversight.
The 249-page bill defines “digital commodity,” “investment-contract asset,” “mature blockchain system,” and “permitted...
Justin Drake, a researcher at the Ethereum Foundation, has raised alarms over Bitcoin’s (BTC) long-term security.
In a detailed post on May 29, Drake argued that persistently low transaction fees on the Bitcoin network could make it increasingly vulnerable to a 51% attack, a scenario in which a single entity gains majority control of the blockchain’s computing power.
Bitcoin fees decline...
Crypto exchange Bybit has received regulatory approval under the European Union’s Markets in Crypto-Assets (MiCA) framework from Austria’s Financial Market Authority (FMA), according to a statement issued on May 29.
This license enables the platform to offer digital asset services across all 30 European Economic Area (EEA) countries.
Bybit plans to make Austria the hub of its European operations...
Wall Street’s rare-metal rumour mill began on a freezing January morning at Zurich Airport, where cargo handlers wrestled two-ton pallets of 99.5% pure gold onto a chartered 747 bound for New York.
Their destination was a COMEX vault in the city, where warehouse rules hinge not on purity but bar dimensions. The gold came from London vaults, cast in 400-ounce formats that satisfied one market’s...
The Ethereum Foundation (EF) has quietly taken a tactical step into DeFi by borrowing $2 million in GHO stablecoins using wrapped ETH (wETH) as collateral on the Aave protocol.
Marc Zeller, founder of the Aavechan Initiative, shared the development on May 29, noting that the Foundation’s use of GHO aligns with Aave’s core value proposition, enabling ETH holders to unlock liquidity without exiting...
The U.S. economy contracted at an annual rate of 0.2% in the first quarter, according to the Bureau of Economic Analysis’ second estimate released Thursday.
Bitcoin fell slightly by 0.4% after the data was released, but remains strong above $108,000.
Inflation-adjusted final sales fell 2.9% as households trimmed spending to 1.2% growth. Goods purchases slipped into decline while services kept...
Russia’s central bank has announced plans to allow financial institutions to offer crypto-linked investment products to qualified investors, according to a May 28 statement.
The Bank of Russia explained that it will allow instruments such as derivatives, tokenized securities, and other digital financial products that reflect crypto price movements.
However, these offerings must be non-deliverable...
In a recent episode of the SlateCast, CryptoSlate CEO Nate Whitehill and Editor-in-Chief Liam “Akiba” Wright sat down with Indra Winarta, Head of Ecosystem at Pundi AI. Known for pioneering real-world crypto payments since 2017, Indra now leads Pundi’s evolution into the artificial intelligence frontier.
From Payments to Data: A Dual-Track Vision
Indra clarified early in the conversation that...