Centralized AI threatens a democratic digital future

Opinion by: Manouk Termaaten, founder and CEO of Vertical Studio AI Major corporations control decentralized AI (DeAI) companies, leaving decentralized AI in the dust. To build a more decentralized world, the sector must actively execute upon a focused DeAI strategy, with shared standards between projects, without compromise. In April, a UN report warned that AI’s $4.8-trillion market is dominated by a mere 100 companies, most of which are based in the US and China. Centralized AI incumbents have the money and the connections to control this massive new industry, which…

Digital euro key to control crypto, ex-ECB official says

Former European Central Bank (ECB) official and Governor of the Bank of Italy, Fabio Panetta, has touted the digital euro as a key tool for controlling the risks around growing cryptocurrency adoption. The Bank of Italy, on May 30, released an annual report with the governor’s concluding remarks on the state of the economy. Panetta said the European Union must move forward with the central bank digital currency (CBDC) project to maintain financial stability and meet demand for secure digital payments. “We would be remiss to think that the evolution of crypto-assets…

US Congress introduces the CLARITY Act for digital assets

US Representative French Hill has announced the introduction of the much-awaited market structure bill for digital assets. The “Digital Asset Market Clarity Act of 2025” or “CLARITY Act of 2025” comes with support from lawmakers across both sides of the aisle, including three Democratic co-sponsors. The bill covers the roles of both the United States Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) on digital assets oversight, seeking to resolve longstanding questions about which agency oversees which types of digital assets. “I am proud to introduce…

Move to Portugal to become a crypto digital nomad — Everybody else is

New York-based crypto hedge fund manager Catrina Wang missed her flight home from a conference in Portugal back in 2022 — and ended up loving the country so much she has since moved there permanently. Forced to find a hotel at the last minute, her stay in the beautiful forested area of Sintra made the Canadian-born Wang rethink living in the United States. Catrina Wang from Portal Ventures (Catrina Wang) “I was like ‘Wow, I’m coming back’ and I bought a place at the end of 2023,” she says. Wang…

US Set To Reign As ‘Bitcoin Superpower,’ Declares Trump’s Digital Assets Chief

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. At the Bitcoin 2025 Conference, a session titled “Making America the Global Bitcoin Superpower” conveyed a clear message: the United States is committed to embracing Bitcoin (BTC) and leading…

Coinshares: 2025 Inflows Hit $7.5 Billion As Digital Assets Record 5th Consecutive Week of Inflows

Digital asset investment products saw $785 million in inflows last week, fully reversing losses from early 2024. Ethereum led the charge with $205 million in fresh capital, buoyed by technical upgrades and leadership momentum. Ethereum Leads $785 Million Inflows As Digital Asset Sentiment Rebounds Crypto investment products recorded $785 million in inflows last week, marking […] Source CryptoX Portal

Bitcoin Mining Stocks Continue Rally as Applied Digital Leads Friday’s Gains

Bitcoin-mining stocks closed higher Friday, with Applied Digital Corporation jumping 22.18% to top the leaderboard. Bitcoin Miners Rally as Volatility Breeds Opportunity Applied Digital posted the largest single-day gain among bitcoin miner-exposed equities, climbing more than 22% to close at $6.83. Bitdeer Technologies Group followed with a 10.63% advance to $15.19, while Hut 8 Corp. […] Original

Galaxy Digital lists on Nasdaq, seeks to tokenize shares — Reports

Galaxy Digital shares began trading on the Nasdaq stock exchange May 16, completing a years-long process that CEO Mike Novogratz called unfair and infuriating, CNBC reported. The crypto and infrastructure company, which is also listed in Canada, opened trading at $23.50 in its Nasdaq debut. Trading began on the same day Galaxy disclosed that it is working with the US Securities and Exchange Commission (SEC) to tokenize its shares. According to Bloomberg, the tokens representing Galaxy Digital’s shares could be used in decentralized finance applications, like borrowing or lending. Galaxy…

US Senate will pass Stablecoin bill — Digital Chamber chief

The stalling of key stablecoin legislation in the United States Senate was a minor setback, and the bill will pass in the coming weeks, said Cody Carbone, CEO of Digital Chamber, a Washington, DC,-based blockchain trade association and advocacy group. Speaking to Cointelegraph at Consensus 2025, Carbone argued it is in the best interests of the US to pass comprehensive stablecoin regulations to protect US dollar hegemony in global markets, which has bipartisan appeal and support. Carbone said: “These things never move as quickly as we want them to move,…

Google Cloud to Enhance Security for Crypto Transactions and Digital Asset Management With Inabit

Inabit, a provider of secure cryptocurrency management solutions, has announced a collaboration with Google Cloud to enhance security for cryptocurrency transactions and digital asset management. This partnership will leverage Google Cloud’s Confidential Computing platform to create secure environments where cryptocurrency private keys remain encrypted and inaccessible, even during active use. The collaboration comes in response […] Source CryptoX Portal