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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-
