Key Takeaways Choreo LLC reports its first-ever Bitcoin ETF holdings valued at around $6.5 million. The firm’s largest position is in iShares Bitcoin Trust ETF, with significant allocations to GBTC, FBTC, and BTC. Share this article Choreo, an independent wealth management firm with over $27 billion in assets under management, has officially entered the Bitcoin ETF rush, revealing around $6.5 million invested across multiple funds.According to a Wednesday filing with the SEC, Choreo’s largest stake was in BlackRock’s iShares Bitcoin Trust ETF (IBIT), with 51,679 shares valued at over $3 million as of June 30.The firm also held 22,976 shares…
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Animals like bats, whales and insects have long used acoustic signals for communication and navigation. Now, an international team of scientists have taken a page from nature’s playbook to model micro-sized robots that use sound waves to coordinate into large swarms that exhibit intelligent-like behavior. The robot groups could one day carry out complex tasks like exploring disaster zones, cleaning up pollution, or performing medical treatments from inside the body, according to team lead Igor Aronson, Huck Chair Professor of Biomedical Engineering, Chemistry, and Mathematics at Penn State. “Picture swarms of bees or midges,” Aronson said. “They move, that creates…
When NeoLogic started building its more energy-efficient CPUs for AI servers, folks in the industry told its founders Avi Messica and Ziv Leshem that their idea wasn’t viable. “Most of the people that we have met say it’s impossible,” Messica told TechCrunch. “Some of them told us, at the time, that the innovation is impossible because you cannot innovate in logic synthesis. You can’t innovate in circuit design. It’s too mature.” Israel-based NeoLogic nevertheless set out to prove them wrong, and the fabless semiconductor startup has been building a server CPU that uses more simplified logic — how a chip…
Global Financial Services Company western unionThe acquisition of International Money Express (InterMex) has attracted attention from the crypto space as analysts highlight its potential boost. Ripple and XRP. Intermex has been identified as Ripple’s On-Demand Liquidity (ODL) user, and could enhance blockchain-powered payment flows across the US while expanding Western Union’s retail and digital reach. Western Union expansion could enhance XRP and Ripple Market expert ‘xaif crypto’ It was pointed out A X Social Media post on Monday said Western Union’s $500 million InterMex all-cash acquisition could have a major impact on Ripple and XRP. According to analysts, Intermex is…
Key Takeaways OKB price surged over 170% after OKX announced a major token burn and tokenomics upgrade. OKTChain will be decommissioned, with OKT holders receiving OKB via an automatic conversion. Share this article OKB, the native token of crypto exchange OKX, spiked approximately 170% within an hour after the platform unveiled a sweeping tokenomics overhaul that includes burning more than 65 million tokens.According to CoinGecko data, OKB surged from about $47 to $126 on the news, pushing its 24-hour gain to 172%.OKX announced on Wednesday that it will conduct a one-time burn of over 65 million OKB tokens, after which…
Key Takeaways ALT5 Sigma closed a $1.5 billion offering led by World Liberty Financial with significant board changes. ALT5 will implement a WLFI Treasury Strategy, aiming to hol about 7.5% of the WLFI token supply. Share this article ALT5 Sigma Corporation, supported by Eric Trump and Donald Trump Jr., announced Tuesday it had closed a $1.5 billion registered direct offering and private placement to kick off a treasury strategy focused on WLFI, the native token of World Liberty Financial.The completion of funding, which was led by World Liberty Financial, came after ALT5 Sigma revealed the plan on Monday. The company…
When OpenAI launched GPT-5 last week, the company said the model would simplify the ChatGPT experience. OpenAI hoped GPT-5 would act as a sort of “one size fits all” AI model with a router that would automatically decide how to best answer user questions. The company said this unified approach would eliminate the need for users to navigate its model picker — a long, complicated menu of AI options that OpenAI CEO Sam Altman has publicly said he hates. But it looks like GPT-5 is not the unified AI model OpenAI hoped it would be. Altman said in a post…
Key Takeaways Treasury Secretary Scott Bessent urged the Federal Reserve to consider a 50 basis-point rate cut at the September meeting due to weaker job growth data. Jerome Powell is slated to speak at the Jackson Hole Economic Symposium in Wyoming later this month. Share this article Treasury Secretary Scott Bessent called for the Fed to consider a 50-basis-point interest rate cut at the Federal Open Market Committee meeting next month after the July Consumer Price Index (CPI) out earlier today was largely in line with expectations. “The real thing now to think about is should we get a 50-basis-point…
Sam Altman is in the process of co-founding a new brain-to-computer interface startup called Merge Labs, and raising funds for it with the capital possibly coming largely from OpenAI’s ventures team, unnamed sources told the Financial Times. The startup is expected to be valued at $850 million. A source familiar with the deal tells TechCrunch that talks are still early and OpenAI has not yet committed to participation, so terms could change. Merge Labs is also reportedly working with Alex Blania, who runs Tools for Humanity (formerly World) — Altman’s eye-scanning digital ID project that “allows anyone to verify their humanness,”…
Key Takeaways Pantera’s DAT portfolio spans Bitcoin, Ethereum, Solana, BNB, TON, Hyperliquid, Sui, and Ethena across the US, UK, and Israel. BitMine leads with $4.9B in ETH holdings and a goal to acquire 5% of Ethereum’s supply. Share this article Pantera Capital has invested more than $300 million in Digital Asset Treasury companies (DATs), according to a new Blockchain Letter published Tuesday afternoon.According to the letter, its DAT portfolio spans Bitcoin, Ethereum, Solana, BNB, TON, Hyperliquid, Sui, and Ethena, with investments across the United States, United Kingdom, and Israel.DAT Portfolio CoverageAmong these holdings, Pantera highlighted BitMine Immersion (BMNR) as a…