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Microsoft Evaluates Kimi K3 to Potentially Cut AI Inference Costs by $600M

Microsoft is evaluating Moonshot AI’s Kimi K3 model for its Copilot AI assistant, a move the company estimates could slash inference costs by up to $600 million. It’s worth noting that the $600 million savings figure is based on theoretical scenarios and has not been officially confirmed by Microsof

Argentina Fan Token Surges Then Dips After World Cup Final Loss

Lionel Messi took to social media after Argentina fell in the 2026 World Cup final, posting an emotional message that resonated with millions of fans worldwide. But while supporters processed the heartbreak in the usual ways, a different kind of reaction was playing out on the Chiliz blockchain, whe

Crypto Payments to Gray-Market Peptide Vendors Reach $32M in Q1 2026

The gray market for injectable weight-loss peptides is booming, and it’s paying in stablecoins. Chainalysis published data on June 4 showing that crypto payments to unregulated peptide vendors hit $32 million in Q1 2026, a 159% jump from $12 million in Q4 2025.That’s not a one-quarter anomaly. The g

BitMine's ETH holdings reach 5.78M, total assets hit $11.5B

Odaily Planet Daily reports that BitMine, Ethereum’s treasury company, stated its ETH holdings have reached 5.78 million, accounting for approximately 4.8% of Ethereum’s circulating supply, nearing its target of accumulating 5% of all ETH. Over the past week, the company added 7,430 ETH. BitMine no

Galaxy Digital Renames Texas Tech Stadium in $75M, 15-Year Deal

Galaxy Digital has agreed to pay roughly $75 million over 15 years to put its name on Texas Tech University’s football stadium.Key TakeawaysGalaxy Digital will pay Texas Tech about $75 million over 15 years to rename its stadium.Galaxy Stadium debuts September 5, 2026, when the Red Raiders host Abil

Chainlink Exchange Supply Drops 12% as Institutional Tokenization and Prediction Market Collaboration Drive Holdings

Over the past month, Chainlink’s supply on exchanges has decreased by over 15.7 million LINK, a 12% decline, with a net outflow of 1.04 million LINK on Sunday. DTCC is conducting live trading using tokenized U.S. securities, with Chainlink serving as the technology provider; CCIP has been extended t

Ripple Granted MiCA Approval, Expands Crypto Services in EEA

Ripple MiCA Approval enables regulated crypto services across the European Economic Area through the ESMA CASP framework.ESMA registration supports Ripple’s expansion strategy within Europe’s unified crypto regulatory environment under MiCA rules.The development reflects continued institutional alig

XRPL Tokenized U.S. Treasuries Surge to $418.5M in One Year

CoinMarketCap reports:Tokenized real-world assets on the XRP Ledger continue to expand, with tokenized U.S. Treasuries showing the most significant growth. Data from Trensik, a platform tracking verified RWA on the XRPL, shows that the value of these assets has grown from $50 million in April 2025 t

Fed Chair Kevin Warsh Says No Rescue for the Crypto Sector

CoinDesk reports:Foreign media reported that Federal Reserve Chairman Kevin Warsh stated during a congressional hearing on July 14 that the Fed does not wish to assume a bailout role if the cryptocurrency industry or the stablecoin market experiences a run. This statement drew attention not only bec

WordPress high-risk vulnerabilities exploited, millions of sites at risk

CoinDesk reports:Last week, WordPress patched two critical security vulnerabilities and urged website owners to update immediately. Due to the severity of the issues, the platform also enabled forced updates where feasible. However, several security firms later reported that hackers have already beg

Russia to Finalize Crypto Bill, Maintains Domestic Payment Ban

CoinDesk reports:Russia is advancing the final review of a cryptocurrency bill. According to Russian media, the State Duma could complete the third reading of the "Digital Currencies and Digital Rights" bill as early as soon, establishing a formal legal framework for domestic crypto activities.Cross

AI infrastructure firm Infinity completes $15M funding at a $100M valuation

CoinMarketCap reports:AI infrastructure company Infinity has announced the completion of a $15 million funding round, bringing its post-money valuation to $100 million. Investors include Touring Capital, Principal VC, and researchers from OpenAI and Anthropic. The company is developing a software la

Ethereum Co-founder Vitalik Buterin on AI's Increasing Task Capabilities

CoinDesk reports:Ethereum co-founder Vitalik Buterin recently commented on the development of artificial intelligence, stating that AI is gradually surpassing humans in more tasks in ways people may not notice. He believes that the previous external tendency to measure the gap between humans and AI

Bitmine Controls 4.8% of Ethereum's Circulating Supply with $11.5B Treasury

Bitmine Immersion Technologies has strengthened its position as the world’s largest corporate Ethereum holder after expanding its treasury to 5.78 million ETH. The company now controls roughly 4.8% of Ethereum’s circulating supply, while its combined crypto, cash, marketable securities, and strategi

Fed Conducts $30M Reverse Repo Operation Amid Near-Zero Balances

The Federal Reserve just ran a $30 million overnight reverse repurchase agreement operation with six counterparties. To put that number in perspective, this facility once absorbed over $2 trillion in cash on a daily basis.Overall ON RRP balances have cratered to approximately $100 million as of mid-

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