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View More NewsTo get an idea of how big a deal AI-based commerce could be for crypto, ask entrepreneurs and developers involved in digital assets, particularly stablecoins. They’ll happily tell you blockchain-based money is the natural fit, an essential element in the mix and so forth.Their logic is simple. Over the past few years, stablecoins — mostly digital versions of the dollar on public blockchains like Ethereum — have begun eating into the global payments industry. And while they’ve proven to be faster and cheaper than traditional bank transfers, it’s in the new world of autonomous, micro-transacting AI agents that they will…
Billionaire investor Stanley Druckenmiller said blockchain and stablecoins may only be a decade away from powering the global payments system — though he isn’t sold on the idea of crypto functioning as a store of value.In an interview with Morgan Stanley recorded on Jan. 30 and released on Friday, the former hedge fund manager said blockchain-based tokens — particularly stablecoins — boost productivity in the payments space:”Blockchain and the use of stablecoins, if you want to throw crypto into that, tokens, incredibly useful in terms of productivity,” Druckenmiller said.”I assume our whole payment systems will be stablecoins in 10 or…
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On 28 February, Israel and the United States began joint military operations to dismantle what remains of Iran’s nuclear program and topple the country’s revolutionary regime. Hannah Gal spoke to Israeli researcher and former intelligence officer Shmuel Bar for Quillette to discuss these historic developments. The following interview covers the changing geopolitical map, the likelihood of Iran’s fragmentation, what the future holds for the Middle East, and why future negotiations are now off the table.This interview has been edited for clarity and length.Quillette: Your PhD is in Middle Eastern studies but you are the founder of a company dealing with artificial…
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from the maintaining-civility-and-gameplay-flow dept The power of the latest generation of AI systems is such that previously impractical applications are not just possible, but…
The fast-growing market for tokenized U.S. Treasuries has a new leader.Circle (CRCL), best known as the issuer of the USDC (USDC) stablecoin, has become…
A selloff in both Wall Street and crypto markets hasn’t slowed Circle’s relentless rise. The stablecoin issuer’s stock has more than doubled since early…
In brief President Donald Trump’s official Solana-based meme coin has surged by 35% in the last 24 hours. At least one wallet is up…
The crypto rally ran into a wall on Friday as fresh headlines of potential escalation in the Iran conflict abruptly cooled risk appetite across…
Nuclear power is gaining renewed attention in the United States as artificial intelligence and data center expansion drive demand for reliable, large-scale electricity.According to…
In brief Story Protocol developer PIP Labs has let go of several employees and contractors. The reductions come as the firm explores opportunities associated…
Billionaire investor Stanley Druckenmiller said stablecoins could underpin global payment systems within the next decade or two while reiterating his long-standing skepticism toward much…
Bitcoin (BTC) aimed for five-week highs at Thursday’s Wall Street open as US inflation trends stayed on track.Key points:US inflation data keeps crypto and…
In brief Token2049 and The Open Network conferences scheduled in Dubai have been canceled or postponed amid the Iran conflict. Conference organizers noted the…
I am pleased to share the first signed opinion from Justice Kyle Hawkins, the newest member of the Texas Supreme Court. San Antonio v.…
Bitcoin BTC$73,738.49 is adding to overnight gains in early U.S. trading on Friday, continuing to show strong relative price action after many months of…