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Ethena's Deployed Capital Slumps as Demand for Leverage Dries Up
An analysis from WuBlockchain shows basis trade capital at record lows as hedging crowds out leveraged longs, pushing derivatives markets toward an unusual equilibrium....

Mind Robotics Raises $500 Million to Improve Industrial Robots
Mind Robotics has raised $500 million to develop what it calls “AI-enabled” robotic systems. The company’s Series A round, expected to close later this month, follows $115 million in ...

Grammarly says it will stop using AI to clone experts without permission
Superhuman says it has disabled Grammarly's "expert review" AI feature that said its edit suggestions were "inspi...

Tesla and xAI to Work Together on AI, Elon Musk Says
Tesla and xAI are working together on a joint artificial intelligence project, Elon Musk said Wednesday. The move, which comes after turnover at xAI, is the latest shift in Musk’s plan to build AI d...

Microsoft in Talks to Lease Large Texas Data Center Site After Oracle Walked Away
Microsoft is in advanced talks to lease hundreds of megawatts of data center capacity at a closely watched artificial intelligence campus in Abilene, Texas, after rival Oracle walked away from the sam...

Foundry to Launch Institutional Zcash Mining Pool
The world's top Bitcoin mining pool operator expands into privacy coins as ZEC surges 600% year-over-year....

OpenAI Moves Commerce Focus to Brand-Owned ChatGPT Apps
OpenAI is shifting the focus of its commerce efforts to retailers’ ChatGPT apps after scaling back its plans to sell products directly through ChatGPT checkouts, The Information reported Wednesda...

The Daily: Binance sues WSJ over Iran-linked report as DOJ probes alleged sanctions evasion, Bitwise CIO explains how bitcoin could reach $1 million, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....

Don’t wait for the MacBook Neo 2: Leaked roadmap suggests Apple just killed its best feature
Analyst Ming-Chi Kuo reveals the future of Apple MacBooks for the next couple of years following the launch of the long-awaited Neo....

AI Agents Can Now Transact Via MetaMask Without Accessing Private Keys, Says CoinFello
A new OpenClaw skill from CoinFello addresses a key security issue with AI agents using crypto....

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