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HashKey files for $500M Hong Kong IPO

HashKey files for $500M Hong Kong IPO

Hong Kong’s crypto moment is about to get a reality check as the city’s biggest licensed exchange reportedly quietly filed for an IPO. HashKey Group is aiming to raise up to $500 million in an offerin...

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1 min
US, Argentina finalize $20 billion swap to stabilize peso reserves

US, Argentina finalize $20 billion swap to stabilize peso reserves

The United States has finalized a $20 billion currency swap agreement with Argentina in one of the Trump administration’s most direct interventions to stabilize a foreign economy since he returned to ...

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1 min
Ford drops $7,500 EV lease credit as subsidy ends

Ford drops $7,500 EV lease credit as subsidy ends

Ford Motor, a Michigan-based automobile manufacturer, has withdrawn an initiative that allowed dealers to offer a $7,500 tax credit on electric vehicle (EV) leases. The automaker made this decision af...

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1 min
OpenAI says political bias in ChatGPT cut by 30% in GPT-5 models

OpenAI says political bias in ChatGPT cut by 30% in GPT-5 models

OpenAI has released new research showing that its latest ChatGPT models exhibit significantly less political bias than previous versions. The internal study, conducted by the company’s Model Behavior ...

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SoftBank in talks for $5B loan backed by Arm Stake to fund AI push

SoftBank in talks for $5B loan backed by Arm Stake to fund AI push

SoftBank Group Corp. is in advanced talks to secure a $5 billion loan from international banks, signaling the Japanese investment giant’s efforts to ease financial constraints around its nearly $100 b...

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1 min
Senate passes bill Giving US AI chip buyers priority over China

Senate passes bill Giving US AI chip buyers priority over China

The US Senate approved a bipartisan law late Thursday requiring leading artificial intelligence chipmakers Nvidia Corp. and Advanced Micro Devices Inc. (AMD) to prioritize American customers before fu...

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Asia markets down; U.S. shutdown and Japan inflation weigh on sentiment

Asia markets down; U.S. shutdown and Japan inflation weigh on sentiment

Asia stocks trade lower on Friday, tracking weakness on Wall Street after funding bills aimed at ending the US government shutdown failed to pass the Senate for the seventh time on Thursday. Traders a...

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1 min
Senate Democrats have brought forward a new DeFi regulation

Senate Democrats have brought forward a new DeFi regulation

Senate Democrats are rolling out a proposal to crack down on illicit activity in decentralized finance, but it’s already drawing pushback from the crypto industry and Republicans. The plan, introduced...

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1 min
JPMorgan predicts stablecoin market could hit $2T and fuel dollar demand

JPMorgan predicts stablecoin market could hit $2T and fuel dollar demand

JPMorgan reported that stablecoin growth could generate an additional $1.4 trillion in demand for U.S. dollars by 2027. The bank argued that an increase in interest from enough overseas investors to o...

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1 min
OpenAI expands ChatGPT Go plan access to 16 additional countries

OpenAI expands ChatGPT Go plan access to 16 additional countries

OpenAI has broadened its ChatGPT Go plan to 16 new countries across Asia. The service package is now available in the Philippines, Thailand, Sri Lanka, Malaysia, Maldives, Myanmar, East Timor, Vietnam...

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1 min
Russia counts up to $120 million annually in missed crypto mining tax revenue

Russia counts up to $120 million annually in missed crypto mining tax revenue

Russia’s state budget is losing a colossal sum of money in terms of uncollected taxes from illegal crypto mining operations in the country. The government in Moscow has been trying to bring the whole ...

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1 min
BitMEX founder Arthur Hayes credits Trump, Xi monetary policies for BTC bull run

BitMEX founder Arthur Hayes credits Trump, Xi monetary policies for BTC bull run

Arthur Hayes has declared that the rise of Bitcoin today has less to do with its programmed halvings and more to do with what Donald Trump and Xi Jinping are doing with their currencies right now. In ...

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1 min