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Share link:In this post: Microsoft says it’ll likely sign the European Commission’s AI Code of Practice. Companies like OpenAI and Mistral are already signatories of the code. Microsoft is still investing in AI, even using AI tools internally.
The GENIUS Act grants the Federal Reserve oversight of dollar-backed tokens and imposes strict audit and compliance standards on issuers like Tether.
Mastercard supports crypto stablecoins for faster, low-cost cross-border payments, signaling a major step in financial innovation.Why Stablecoins Are Disrupting Traditional PaymentsMastercard’s Strategic Bet on Blockchain Innovation
BlackRock invests $406M in Ethereum, acquiring over 113,000 ETH, signaling growing institutional confidence in crypto.Why This Purchase MattersWhat’s Next for Ethereum and Institutions?
The driving force behind the Ethereum derivatives market is not consensus on the decentralized computer, but rather behavior driven by the structural funding rate premium.
- 23:15BTC falls below $117,000Jinse Finance reported that according to market data, BTC has fallen below $117,000 and is now quoted at $116,998.11. The 24-hour increase has narrowed to 0.26%. The market is experiencing significant volatility, so please manage your risks accordingly.
- 23:00SoftBank plans to cut 20% of Vision Fund staff, reallocating resources to AI investmentsJinse Finance reported that, according to a memorandum, SoftBank will cut nearly 20% of its Vision Fund team globally in order to shift resources toward founder Masayoshi Son's large-scale artificial intelligence investments in the United States. This round of layoffs marks the third for the Japanese investment group's flagship fund since 2022. The Vision Fund's website shows that the fund currently has 44 employees. Unlike previous layoffs, which were due to massive losses, this round comes after the fund reported its strongest quarterly performance since June 2021 last month. This move indicates the fund is shifting away from a broad portfolio of startup investments. Sources said that while the fund will continue to make new investments, the remaining staff will devote more resources to Masayoshi Son's ambitious AI plans. It is reported that a spokesperson for the Vision Fund confirmed the layoffs but did not disclose details.
- 22:17Hybrid DEX GRVT based on ZKsync completes $19 million Series A financingJinse Finance reported that hybrid decentralized exchange (DEX) GRVT has successfully completed a $19 million Series A funding round, further advancing its development in the compliant, high-performance crypto trading sector. This round was co-led by GRVT’s technology partner ZKsync and Further Ventures. Further Ventures is an investment firm backed by the Abu Dhabi sovereign wealth fund. Other major supporters include EigenCloud (formerly EigenLayer) and 500 Global. The GRVT team stated that the majority of the funds raised will be used for product development and engineering to expand its product range, including cross-chain interoperability, options markets, and tokenized real-world assets (RWAs). GRVT is described as a “hybrid” DeFi platform aiming to combine the user experience and regulatory compliance of centralized exchanges (CEXs) with the self-custody, privacy, and decentralization features of traditional DEXs. It positions itself as the world’s first licensed and regulated on-chain exchange. The platform launched its mainnet Alpha version on Ethereum Layer 2 network ZKsync at the end of 2024, initially focusing on perpetual contract trading and has now expanded to spot and options trading. GRVT is actively seeking multi-jurisdictional licenses, including the EU MiCA license, Dubai VARA license, and Abu Dhabi Global Market (ADGM) capital market license.