Eliyan raises $145M at $1B valuation to tackle AI chip data bottlenecks

Eliyan’s innovative interconnect tech could accelerate AI infrastructure evolution, influencing major semiconductor players’ strategies. The post Eliyan raises $145M at $1B valuation to tackle AI chip data bottlenecks appeared first on Crypto Briefing.
Polymarket launches research institute to study the future of prediction markets: Report

Polymarket’s initiative could redefine prediction markets by fostering academic-industry collaboration, potentially influencing regulatory and market dynamics. The post Polymarket launches research institute to study the future of prediction markets: Report appeared first on Crypto Briefing.
OpenZeppelin Highlights Options for Institutions in Chain Privacy
OpenZeppelin has outlined several blockchain options available to institutions, including permissioned chains and confidential tokens. This information, shared in a recent tweet, underscores the necessity of independent security audits for these technologies. As institutions navigate their choices, understanding the tradeoffs involved will be crucial for making informed decisions. Read more here. The Key Development The […]
Chainlink News: LINK CCIP Has Absorbed $7Bn in Migration Protocols as Price Lags
In Chainlink news today, Chainlink’s Cross-Chain Interoperability Protocol (CCIP) has attracted $7.2Bn in migrated assets since May, as the LINK price sits at $8.38, down -2.5% over the past seven days. Yet LINK’s price hasn’t reflected this growth. The disparity between the rapid adoption of CCIP and LINK’s valuation raises questions about how CCIP fee […]
US-Saudi airstrikes kill four Iranian Revolutionary Guards members in Iraq, rattling crypto markets

The airstrikes heighten geopolitical tensions, potentially leading to stricter sanctions and increased volatility in global crypto markets. The post US-Saudi airstrikes kill four Iranian Revolutionary Guards members in Iraq, rattling crypto markets appeared first on Crypto Briefing.
US stats agency overhaul will quietly lower the Fed’s favorite inflation number

The revised inflation metrics could lead to a more dovish Fed stance, potentially impacting interest rates and influencing crypto markets. The post US stats agency overhaul will quietly lower the Fed’s favorite inflation number appeared first on Crypto Briefing.
Mark Zuckerberg warns against blocking Chinese AI models, says bans enable regulatory capture

Zuckerberg’s stance highlights the risk of stifling innovation and competition, potentially leading to monopolistic control in AI regulation. The post Mark Zuckerberg warns against blocking Chinese AI models, says bans enable regulatory capture appeared first on Crypto Briefing.
Canary Capital Highlights Arbitrum’s Innovative Economic Framework
Canary Capital has highlighted Arbitrum’s economic model as ‘particularly compelling’ in their recent analysis. This endorsement comes from a firm that manages significant assets for institutional clients, suggesting growing interest in Arbitrum’s innovative solutions. The implications of this recognition could enhance institutional engagement within the crypto space, especially around Arbitrum’s infrastructure. The Latest The broader […]
Bitcoin Rebounds Before Fed Bombshell as Traders Brace for 30% Hike Odds

Bitcoin traded near $64,400 on Wednesday morning at 8:30 a.m. EDT, up roughly 1.6% over the previous 24 hours as positioning accelerated ahead of the Federal Reserve’s afternoon rate decision. Price Rebounds From Overnight Low The move higher came after bitcoin briefly slipped below $63,000 in the prior session before buyers consistently defended that area. […]
Federal Reserve shifts focus to money supply in inflation evaluation, reviving a tool it shelved decades ago

The Fed’s renewed focus on M2 could reshape monetary policy impacts, influencing market dynamics and investor strategies across sectors. The post Federal Reserve shifts focus to money supply in inflation evaluation, reviving a tool it shelved decades ago appeared first on Crypto Briefing.