Tether May Have to Sell Some Bitcoin to Comply With U.S. Stablecoin Rules: JPMorgan

USDT issuer Tether could face challenges if proposed U.S. stablecoin regulation is passed, and the company may have to sell some of its reserves to comply with the new rules, Wall Street bank JPMorgan (JPM) said in a research report Wednesday. The Senate’s Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act mandates federal … Read more

OpenSea Confirms Upcoming Token Airdrop, Expands to Crypto Trading

Popular non-fungible token (NFT) marketplace OpenSea said Thursday that it is expanding its platform to crypto trading and confirmed it is planning to distribute SEA tokens to users. The trading platform called OS2 has launched today, and aggregates marketplaces, allows cross-chain purchasing and offers lower fees in the beginning, according to the protocol’s press release. … Read more

CoinDesk 20 Performance Update: NEAR Sinks 3.1% as Index Trades Lower From Wednesday

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3191.13, down 1.0% (-32.82) since 4 p.m. ET on Wednesday. Three of 20 assets are trading higher. Leaders: APT (+1.3%) and AAVE (+0.9%). Laggards: NEAR (-3.1%) and AVAX (-2.6%). … Read more

iPhone AI features will be powered by Alibaba in China

Alibaba has announced that it is partnering with Apple to provide artificial intelligence features to iPhones in China. Apple Intelligence features have not yet been enabled in China, which is thought to have contributed to the company’s local decline in smartphone sales. “They talked to a number of companies in China. In the end they … Read more

Soft, Squeezable, and Smarter Than Ever: The Rise of Pneumatic Robots

:::info Authors: (1) Jorge Francisco Garcia-Samartın, Centro de Automatica y Robotica (UPM-CSIC), Universidad Politecnica de Madrid — Consejo Superior de Investigaciones Cientıficas, Jose Gutierrez Abascal 2, 28006 Madrid, Spain (jorge.gsamartin@upm.es); (2) Adrian Rieker, Centro de Automatica y Robotica (UPM-CSIC), Universidad Politecnica de Madrid — Consejo Superior de Investigaciones Cientıficas, Jose Gutierrez Abascal 2, 28006 Madrid, … Read more

U.S. January PPI Rose a Faster Than Expected 0.4%; Annual Pace Jumped to 3.5%

Inflation at the wholesale level came in faster than forecast last month in another disappointment to investors and policymakers hoping for cooling price pressures. The Producer Price Index (PPI) rose 0.4% in January versus economist forecasts for 0.3% and 0.2% in December. On a year-over-year basis, PPI was higher by 3.5% against estimates for 3.2% … Read more

CyberArk snaps up Zilla Security for up to $175M

Identity security company CyberArk has acquired identity governance and administration (IGA) platform Zilla Security in a deal worth up to $175 million. Founded in 1999, Boston-based CyberArk specializes in access management, including privileged access security which helps organizations protect sensitive data and critical infrastructure from external (and internal) threats. Zilla, for its part, is another … Read more

Tokenization Platform Midas Expands Yield-Bearing Tokens With DeFi-Fund-Linked Offerings

Midas, a protocol for issuing yield-bearing tokens backed by U.S. Treasuries and other assets, has introduced Liquid Yield Tokens (LYT) linked to actively managed, decentralized finance (DeFi) funds, starting out with Edge Capital, RE7, and MEV Capital. Late last year, Midas received regulatory approval to issue its basis trade and U.S. Treasuries tokens in Liechtenstein, … Read more

Meet PAUL: A Soft Robot That Moves with Air Pressure

:::info Authors: (1) Jorge Francisco Garcia-Samartın, Centro de Automatica y Robotica (UPM-CSIC), Universidad Politecnica de Madrid — Consejo Superior de Investigaciones Cientıficas, Jose Gutierrez Abascal 2, 28006 Madrid, Spain (jorge.gsamartin@upm.es); (2) Adrian Rieker, Centro de Automatica y Robotica (UPM-CSIC), Universidad Politecnica de Madrid — Consejo Superior de Investigaciones Cientıficas, Jose Gutierrez Abascal 2, 28006 Madrid, … Read more