Key Takeaways: Bitso’s 2025 report reveals that stablecoins like USDC drove nearly 40% of crypto purchases across Latam. Highlighting a shift to stability, USDC and USDT now comprise over 70% of all crypto bought in Argentina. Moving forward, Latam users will keep using stablecoins for payments while holding 52% of funds in BTC. Bitso Report…
137 Ventures has raised over $700m across two new funds, lifting AUM above $15b as it doubles down on AI agents, robotics, advanced industry and a $10b‑plus SpaceX stake. Summary SpaceX backer 137 Ventures has closed more than $700 million across two new funds, lifting its assets under management above $15 billion. The growth-stage firm…
See what you missed in Daily Tech Insider from April 27–May 1. The post AI Power Plays, Security Breaches, and Industry Shifts Define the Week in Tech appeared first on TechRepublic. Source link
## Market Snapshot Iran diplomatic meetings are currently priced at 0.1% YES, unchanged from 24 hours ago, but down from 2% a week ago. Military actions against Iran remain at 0.1% YES, consistent with previous levels. The market for US obtaining Iranian enriched uranium is at 8.5% YES. ## Key Takeaways – The bypassing of…
It’s the day after the Full Moon, and it still looks almost 100% in the sky. With this in mind, be sure to look up and try and catch a glimpse of some features on the surface tonight. What is today’s Moon phase? As of Saturday, May 2, the Moon phase is Waning Gibbous. Tonight,…
Key Takeaways: Pharos launched its Pacific Ocean Mainnet and $PROS token on May 1, 2026, following a massive 4.3B testnet. GCL New Energy and a $44M Series A propelled Pharos to a $1B valuation, signaling huge RWA market demand. Over 50 dApps and a $10M RealFi Alliance incubator will now scale institutional asset issuance on…
Carrot, a Solana-based DeFi yield protocol, announced its permanent shutdown on April 30, 2026, after losing approximately $8 million in total value locked, roughly half its TVL – to the fallout from the April 1 Drift Protocol exploit that drained an estimated $285 million from one of Solana’s largest perpetual futures platforms. Carrot was not…
OpenAI is ready to target free users of its services with advertisements around the web, based on what it knows about them. On Thursday, OpenAI sent an email to users laying out major changes to the AI company’s privacy policy in the US. “We’ll now use cookies to promote OpenAI products and services on other…
Ethereum is opening May at around $2.3k, having spent the final week of April consolidating below the $2.4k resistance zone that has now rejected the price on multiple occasions. With the Coinbase Premium Index turning negative precisely as the asset stalled at resistance, the question entering the new month is whether US institutional demand has…
Amjad Masad has been building Replit for a decade, but the last 18 months have been something else entirely. The AI coding assistant company went from $2.8 million in revenue in all of 2024 to tracking toward what Masad describes as a billion-dollar annual run rate. At TechCrunch’s sold-out StrictlyVC event in San Francisco on…
