According to BlockBeats, Circle's USYC reached $30 billion in assets under management on May 7, becoming the world's largest tokenized money market fund. USYC tokenizes traditional money market funds on-chain, allowing institutional investors to hold, trade, and manage yield-bearing assets. The fund

According to Odaily and LatePost, Kimi (Moonshot AI) is set to complete a $2 billion funding round with post-money valuation exceeding $200 billion, led by Meituan Dragon Pearl. The round also includes participants such as China Mobile and CPE (China Citic Industrial Fund), with Dragon Pearl alone i

According to Romero at Consensus 2026, stablecoins are quietly powering real-world money flows as other crypto experiments beyond speculative trading have failed to scale.

At Consensus 2026, Tempo's Romero said stablecoins are quietly powering real-world money flows as other crypto use cases have failed to scale beyond speculative trading. Romero described the dynamic as crypto's 'barbell,' with stablecoin payments and speculation representing the two ends of

According to Digital Asset, Do Kwon, founder of Terraform Labs, was sentenced to 15 years in prison by a U.S. federal judge on December 12, 2024, on fraud and money laundering charges. Kwon is expected to serve approximately six years before potential extradition to South Korea, following an

According to Beating, the team behind open-source inference engine SGLang has formally established RadixArk and completed a $100 million seed funding round at a $400 million post-money valuation. Accel led the round, with Spark Capital as co-lead investor. Semiconductor rivals Nvidia (via

According to ChainCatcher, Sierra, an enterprise AI startup founded by OpenAI board chair Bret Taylor and former Google executive Clay Bavor, has completed a $950 million Series E funding round at a post-money valuation of $15.8 billion. The round was led by Tiger Global and Alphabet's venture arm G

According to Lookonchain, on-chain address 0x2daa purchased 254,000 sato tokens for 53.6 ETH (approximately $127,000) at $0.5 per token, becoming the second-largest holder of sato on Ethereum. The purchase followed the address's $1.3 million profit from trading ASTEROID tokens.

According to a POLITICO survey, 45% of Americans believe cryptocurrency investments are not worth the risk, with approximately 50% stating they trust traditional banks more for protecting their money. The poll also found that 44% of respondents believe artificial intelligence is developing too fast,