‘The Whole World Is a Casino’

Key Takeaways: Bitcoin neared $80K as Ki Young Ju flagged a 30% rebound, reviving crypto risk appetite. Tether minted $3B and froze record USDT, sharpening the Bitcoin vs. stablecoin split. THORChain moved 75,700 ETH in 1.5 days, with DeFi security and privacy debates set to grow. Week in Review Bitcoin knocked on the door of…

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JPMorgan says tokenization will reshape funds industry

JPMorgan says tokenization could change how the funds industry operates, including the exchange-traded fund market.  Summary JPMorgan said tokenization could reshape ETFs and the wider funds industry over the coming years. Ciarán Fitzpatrick said strong ETF tokenization use cases may still be a few years away. Tokenized ETFs could support faster settlement, improved redemption, and…

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Why Cohere is merging with Aleph Alpha

Canadian AI startup Cohere is taking over Germany-based Aleph Alpha, with the blessing of their governments, in a bid to offer a sovereign alternative to enterprises in an AI landscape dominated by American players. “Sovereign AI” refers to systems where companies and governments retain full control over their own data — rather than routing it…

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Brazil Bans Predictions Markets, Report Highlights Region’s Mining Potential

Key Takeaways: On April 24, Brazil banned non-financial prediction markets, restricting future derivative trades. Hashrate Index sees Latam becoming a Bitcoin mining hub, fueled by Brazil’s 133% YoY hashrate growth. Itau Ventures invested $10M in Minter to tackle future green energy waste via mobile Bitcoin mining. Brazil Issues Ban on Non-Financial Prediction Market Contracts The…

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