Aptos Commits $50M to AI Agent Infrastructure as Agentic Economy Booms
The Aptos Foundation and Aptos Labs have pledged $50 million to bridge the gap between blockchain and AI, focusing on sub-second finality for autonomous agents.
Ether
Ether (ETH) is the native cryptocurrency of the Ethereum blockchain, used to power transactions and operations across the network. It functions as “gas,” meaning it pays for transaction fees and computational work required to execute smart contracts and decentralized applications. Beyond its utility role, Ether is also widely traded as a digital asset and investment. Its value is closely tied to activity on the Ethereum network, including DeFi, NFTs, and Web3 applications. As Ethereum evolves, Ether remains central to securing and operating the entire ecosystem.
Dogecoin Slides 4% as Bitcoin Rally Pauses Amid Iran Ceasefire Optimism
The crypto rally hit a pit stop on May 7 as global equities surged to record highs, fueled by reports of a potential US-Iran peace deal and easing energy concerns.
BNY Joins Abu Dhabi Partners to Launch Institutional Crypto Custody in UAE
The world’s largest custodian, BNY, is expanding its digital footprint into the Middle East, partnering with Finstreet and ADI Foundation to offer regulated Bitcoin and Ether custody.
UAE Free Zone Debuts Blockchain-Based Business IDs for 1,000+ Registered Firms
By
Emily Carter
• 2 mins read
Innovation City Ras Al Khaimah is replacing static PDFs with dynamic onchain credentials, making sovereign digital identity a native feature for over 1,000 registered companies.
Telegram to Absorb TON Foundation and Become The Open Network’s Largest Validator
By
Daniel Brooks
• 3 mins read
In a monumental shift for the ecosystem, Pavel Durov announces Telegram will replace the TON Foundation as the primary driver of The Open Network, signaling a new era of tech superiority.
Farewell to Stablecoin: a16z Argues This Label Has Outgrown Its Utility
By
David Walker
• 2 mins read
Robert Hackett of a16z crypto argues that “stablecoin” is a defensive, outdated term that fails to capture the programmable future of onchain money as the market hits $321 billion.
Visa Goes Multi-Chain: Expands Stablecoin Settlement to Nine Blockchains
By
Matthew Clarke
• 3 mins read
Visa’s stablecoin settlement pilot has reached a $7 billion annualized run rate, prompting the payment giant to add support for Arc, Base, Canton, Polygon, and Tempo.
Polymarket Pushes for Direct US Access in High-Stakes CFTC Negotiations
By
Emily Carter
• 3 mins read
Polymarket is in active discussions with the CFTC to lift the 2022 prohibition on US users, aiming to merge its massive international liquidity with its regulated domestic arm as competition with Kalshi heats up.
CZ Reflects on Freedom of Money: New Chapter Focused on AI and Crypto Mentorship
By
Emily Carter
• 3 mins read
In a recent AMA for his memoir, Binance founder CZ confirmed he has no plans for new startups, shifting his focus toward AI research, crypto investing, and founder mentorship.
Circle Ventures and Consensys Support Aave Recovery Initiative
By
Matthew Clarke
• 3 mins read
Circle Ventures has acquired AAVE tokens to join the DeFi United recovery effort following the April 18 rsETH exploit, alongside a 30,000 ETH commitment from Consensys.