AI could supercharge crypto but there’s a catch, Fidelity Digital Assets says
AI agents could boost crypto activity, but much of the value may bypass blockchains and their tokens. Source：CoinDesk
Crypto Long & Short: Where DeFi yield really comes from (and why it broke this spring)
In this week's Crypto Long & Short, Solstice Finance's David Plisek argues that most of the money lost in DeFi this spring wasn't taken by hackers but by yield…
HSBC, Standard Chartered execute first live banking transaction on Swift’s 24/7 ledger
The crossborder transaction is Swift’s first in a pilot project as it tests settlement in its push to remain relevant as stablecoins and tokenized deposits…
Cantor opens Kalshi prediction markets to thousands of institutional clients
The investment bank will help its roughly 3,000 institutional clients execute large block trades in event contracts. Source：CoinDesk
Berkshire Hathaway bet big on the U.S. housing market. You probably shouldn’t follow suit.
Homebuilder stocks are cheap, but it’s not easy to time a rebound in the depressed housing market. Source：MarketWatch
Pressure on bonds abates as Treasury announces buybacks. What may come next.
The Treasury Department said Wednesday that it will more than double the size of governmentdebt buybacks, sending yields sharply lower and stocks higher at the…
200,000 fake AI ‘victims’ deployed to scam bait online fraudsters
Apate’s 200,000 fake AI ‘victims’ are so good at scam baiting, the company has a monthly KPI for how many Fbombs scammers drop at the infuriating bots.…
SEC regulatory proposal marks ‘important’ step forward from ‘inapt’ crypto rules: Commissioner Peirce
“Crypto mom” Hester Peirce praised the SEC’s proposed crypto regime, published days after the Senate failed to pass the CLARITY Act, the US’ first…
I’m leaving my grandkids money — but they must pass financial-literacy classes to get it. Is that fair?
“I do believe very much in delayed gratification.” Source：MarketWatch
Marvell’s stock surges on news of Google chip deal — and Broadcom’s falls
Google will also get the option to purchase about $12 billion worth of Marvell’s stock. Source：MarketWatch
Beyond crypto funding rates: Ethena diversifies USDe backing with $1 billion FalconX facility
The warehouse facility gives Ethena another source of returns for the assets backing USDe while channeling onchain capital into overcollateralized…
Strengthen the Clarity Act
The American Bankers Association seeks to strengthen the Clarity Act, not kill it, argues Rob Nichols, president and CEO of the ABA. Source：CoinDesk