OpenAI plans to almost double its workforce to about 8,000 employees by year’s end as it ramps up its enterprise strategy and catches up with rivals, the Financial Times reported Saturday. Hiring will span engineering, research, product, sales, and customer-focused deployment roles designed to increase business adoption of its tools. The expansion comes as Sam…
Stablecoins are a key focus, with 74% of executives viewing them as tools to unlock working capital and enhance treasury operations. Ripple has released findings from its 2026 Digital Asset Survey, showing that cryptocurrencies are now considered essential infrastructure across global finance. The report finds that 72% of institutions believe offering digital asset solutions…
Ripple has issued a warning regarding the rise of scam accounts impersonating the company on Telegram. The company clarified that it does not have an official Telegram channel, urging users to stay vigilant against potential fraud. Summary Ripple confirms it has no official Telegram channel for support. Scammers use Ripple branding and CEO photos to…
UBS, the Swiss multinational investment bank and one of the world’s largest wealth managers, has obtained final approval from the Office of the Comptroller of the Currency (OCC) to convert UBS Bank USA into a nationally chartered bank, the company announced in a LinkedIn post. With the national charter, UBS aims to bolster its US…
Grayscale has filed a form with the SEC to approve the launch of their HYPE ETF. Grayscale has filed a Form S-1 registration statement with the United States Securities and Exchange Commission to launch the Grayscale HYPE ETF. The product will track the price of HYPE (net of fees) and may also incorporate staking…
The crypto market saw several important developments today, including a warning from Hong Kong authorities about cryptocurrency scams, a new filing from Grayscale for a crypto-based ETF, and progress on the CLARITY Act in the U.S. Here’s a quick overview of the major events. Summary Hong Kong senior lost HK$6.6M in three crypto scams involving…
Two things that markets absolutely hate showed up at the same time this week: sticky inflation and military conflict near the world’s most important oil chokepoint. The result has been predictably ugly across every asset class, with crypto’s Fear and Greed Index plunging to 11 — deep into “Extreme Fear” territory — while the S&P…
The past 24 hours saw the broader cryptocurrency market flatten. Bitcoin’s price seems to be trading in a narrowing range between $70,600 and $69,500, highlighting the ongoing consolidation after a period of heightened volatility. The majority of altcoins have also been trading relatively flat for the past day, charting insignificant price differences. Could this be…
Bitcoin (BTC) stayed near the $70,000 level after a volatile week shaped by geopolitical tensions and the latest Federal Reserve meeting. BTC price traded at $70,672.50 at the time of writing, down slightly over 24 hours and up 0.11% over the past seven days. Summary BTC price stayed above $70,000 after sharp swings tied to…
SoftBank is planning to build a massive AI data center complex in Ohio capable of drawing up to 10 gigawatts of power, according to a Bloomberg report. The facility would be developed on federally owned land at a former uranium enrichment site, with the first phase expected to deliver about 800 megawatts of capacity by…
