Reported by The Block: Circle’s institutional stablecoin creation platform Circle Mint and developer-focused Circle API now support USDC on the XRPL, bolstering USDC’s liquidity on the network.The Layer 1 blockchain XRP Ledger (XRPL) mainnet adopted the stablecoin USDC one week after its issuer, Circle, went public, marking further adoption of the world’s second-largest stablecoin by supply.Circle’s institutional stablecoin creation platform, Circle Mint, and its developer-focused Circle API now support USDC on the XRPL, bolstering USDC’s liquidity on the network, according to a press release issued on Thursday by the company.The XRP Ledger is associated with the cross-border payment company Ripple.…
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It’s been a tumultuous year for the U.S. semiconductor industry. The semiconductor industry plays a sizable role in the “AI race” that the U.S. seems determined to win, which is why this context is worth paying attention to: from Intel’s appointment of Lip-Bu Tan to CEO — who wasted no time getting to work trying to revitalize the legacy company — to Joe Biden proposing sweeping new AI chip export rules on his way out of office that never came to fruition. Here’s a look at what’s happened so far in 2025. July Intel continues to look for efficiency July…
Donald Trump made an income of $57.35 million from World Liberty Financial’s token sales in 2024, according to his latest public financial disclosure.Truth Social, the social media platform run by Trump Media & Technology Group, filed a second crypto ETF application with the SEC on Monday, aiming to track both bitcoin and ether.I hope you had a good weekend, folks. Bitcoin edged higher to start the week, showing resilience in the face of ongoing geopolitical uncertainty as analysts point to “optimistic but measured” trader sentiment.In today’s newsletter, Trump makes over $57 million from WLFI sales, Truth Social files for a…
Meta CEO Mark Zuckerberg on Friday announced that his company’s new Superintelligence Labs has appointed ChatGPT co-creator Shengjia Zhao as the chief scientist. In the new role, Zhao will set the research agenda at the newly set up AI lab, define its scientific direction, and report directly to Meta Chief AI Officer Alexandr Wang. Announcing the appointment in a post on Threads, Zuckerberg wrote, “Shengjia co-founded the new lab and has been our lead scientist from day one. Now that our recruiting is going well and our team is coming together, we have decided to formalize his leadership role.”“Shengjia has already…
SUI has increased by more than 7%, hovering beyond the $4 mark. It has earned over 53% in the last 30 days. Crypto Market’s recent recovery attempts have brought a green wave across assets, bringing a market capitalization of $3.89 trillion. The majority of the assets are charted with greens trying to climb higher, including Bitcoin and Ethereum. The value of the fear and greedy index is stable at 64, reflecting the market’s greedy sentiment. Following the moderate bullish lawsuit, Altcoin, SUI registers profits above 7.45%. A sustained upside down correction could lead to prices rising and more profits could…
Reported by The Block: Kraken has launched bitcoin “staking” through a new integration with the DeFi protocol Babylon.Users can earn up to 1% APR on bitcoin held via the crypto exchange without bridging, wrapping, or lending it out.Crypto exchange Kraken has launched bitcoin “staking” via a new integration with DeFi protocol Babylon, enabling users to earn passive rewards on their spot BTC holdings.Kraken users can choose to “stake” their bitcoin directly from Kraken, which is then delegated via Babylon to secure Proof-of-Stake networks, with rewards paid out weekly in Babylon’s native BABY token.Clients retain full ownership of their BTC, which…
ChatGPT users may want to think twice before turning to their AI app for therapy or other kinds of emotional support. According to OpenAI CEO Sam Altman, the AI industry hasn’t yet figured out how to protect user privacy when it comes to these more sensitive conversations, because there’s no doctor-patient confidentiality when your doc is an AI. The exec made these comments on a recent episode of Theo Von’s podcast, This Past Weekend w/ Theo Von. In response to a question about how AI works with today’s legal system, Altman said one of the problems of not yet having…
Litecoin tests key resistance at $113–$115, eyeing breakout targets at $130, $145, and $300. Open interest is up 1.94%, with sentiment turning cautiously bullish among traders. Volume is down 21.74%, but structure remains strong; watch for OI and volume spikes. Litecoin (LTC) is gaining traction throughout the entire crypto community and experiencing a surge in its value within the entire crypto community. The LTC price over the last 24 hours is up by 2.16%, and over the last week it is also up by 10.21%. The general market trend is now turning bullish as BTC has started its movement towards…
Reported by The Block: Ark Invest sold 415,844 Circle shares on Monday, worth $109.6 million.Circle’s stock closed up 9.6% at $263.45, well above its IPO price of $31.Cathie Wood’s Ark Invest offloaded $109.6 million worth of Circle shares across three of its exchange-traded funds on Monday, as the stock continued to surge following its initial public offering.Ark Invest sold a total of 415,844 shares of Circle today, according to its latest trade filing. The ARK Innovation ETF (ARKK) shed 306,921 Circle shares, while the ARK Next Generation Internet ETF (ARKW) sold 72,302. The ARK Fintech innovation ETF (ARKF) also divested…
A study by investigators at the Icahn School of Medicine at Mount Sinai, in collaboration with colleagues from Rabin Medical Center in Israel and other collaborators, suggests that even the most advanced artificial intelligence (AI) models can make surprisingly simple mistakes when faced with complex medical ethics scenarios. The findings, which raise important questions about how and when to rely on large language models (LLMs), such as ChatGPT, in health care settings, were reported in the July 22 online issue of NPJ Digital Medicine[10.1038/s41746-025-01792-y]. The research team was inspired by Daniel Kahneman’s book “Thinking, Fast and Slow,” which contrasts fast,…