FTX’s crypto mining venture is now used to advance AI
The defunct exchange acquired a 20% stake in Genesis Digital Assets before FTX declared bankruptcy in November 2022.
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Global watchdog warns the $300 billion stablecoin market could face bank runs even with full reserves
For affiliated issuers with separate reserves, redemption demand could concentrate at one entity while moving backing across borders faces frictions. The post…
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CryptoSlate
59M
Blur to shut down frontend next month as NFT trading volume dwindles
The NFT marketplace's frontend next month while the protocol stays onchain. The BLUR token fell more than 20%.
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The Block
1H
AI Will Hit 40% of Jobs, IMF Warns. Young People Are First in Line
IMF chief Kristalina Georgieva says AI investment is holding global growth near 3%, with Asian chipmakers winning big, while warning of a…
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Decrypt
1H