The Abundance That AI May Promise Is Not Free

Opinion by: Merav Ozair, PhD, blockchain and AI senior advisor. Elon Musk and Peter Diamandis support the idea that "everything will be free." They purport to believe that AI abundance will end poverty and provide a universal high income. Others in the mega tech ecosystem mention the coming abundance. Demis Hassabis, for example, says AI

Canada Targeting Crypto Firms With Increased Regulatory Action

Near the end of last year, FINTRAC fined crypto platform Cryptomus $126 million and crypto exchange KuCoin $14 million for a range of alleged violations. Canada's financial intelligence unit has revoked the registrations of 50 money services businesses (MSBs) so far this year, with 47 related to crypto, and the minister of finance said it

AI Agents Get New Tools From Visa and Stripe’s Tempo

Visa’s crypto division launched a tool allowing AI agents to make same-day payments, just as Stripe-backed Tempo launched its blockchain and payments protocol. “Excited to share Visa CLI, the first experimental product from Visa Crypto Labs,” Cuy Sheffield, the head of Visa Crypto Labs, posted to X on Wednesday. A website for Visa CLI, meaning

Retail ETF Frenzy Fueled Silver and Gold Boom and Bust

Retail gold purchases have tripled over the last six months, while Wall Street selling has accelerated over the past four months, according to data from the Bank for International Settlements (BIS). “Retail-driven exuberance,” increasingly channeled through exchange-traded funds (ETFs), “set the stage for outsize moves,” continuing the precious metal rally from 2025, reported the BIS

Jack Dorsey’s Block Rehires Some Staff Laid Off in February

Block Inc., the firm behind payment platforms Square, Cash App and Afterpay, has quietly brought back a small portion of workers it laid off in late February with its transition to rely more on artificial intelligence. Multiple Block employees posted on LinkedIn this month that they had been offered a place to return to the

Evernorth Moves Closer to Nasdaq Public Listing after SEC Filing

XRP digital asset treasury Evernorth has submitted a key filing with the SEC, putting it a step closer to its goal of going public on the Nasdaq stock exchange.   The Ripple Labs-backed firm announced plans to go public in October through a merger with special purpose acquisition company (SPAC) Armada Acquisition Corp. II (Armada II).

Polymarket Acquires Brahma in DeFi Infrastructure Push

Blockchain prediction markets platform Polymarket is acquiring Brahma, a crypto startup that provides decentralized finance (DeFi) infrastructure. “As part of this transition, our team will dedicate itself to evolving Polymarket’s stack and product suite,” Brahma stated in an announcement on Wednesday. Brahma, founded in 2021, says it has processed over $1 billion in volume and

SEC Approves Nasdaq Tokenization Trading Trial

Nasdaq has been given the regulatory green light to offer some tokenized stocks, which will trade alongside traditional securities on its exchange. The US Securities and Exchange Commission on Wednesday approved Nasdaq’s pilot proposal to support the trading of tokenized versions of stocks and other securities. Nasdaq first filed its proposal in September seeking to
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