ChatGPT-maker OpenAI’s upcoming model could be as much as 20 times more costly than its predecessor but will be far more creative and “natural” in its conversational style, according to OpenAI and early testers. OpenAI released a research preview of GPT-4.5 on Feb. 27, its most advanced AI model, which can recognize patterns, draw connections, … Read more
Bitcoin (BTC) has dropped 10% to $86,300 this week, diving out of a prolonged period of trading between $90,000 and $110,000. The so-called bearish range breakdown has traders closely examining charts for clues about where the sell-off may drive prices next. One of the key levels under scrutiny is the “runaway gap” in CME bitcoin … Read more
Raise, a PayPal-backed company specializing in digital gift cards and loyalty programs, has raised a $63 million round led by Haun Ventures. The round brings Raise’s total funding to over $220 million. Other participants included Amber Group, Anagram, and GSR, among others, according to a press release. The Chicago-based company is set to use the … Read more
For decades, your investment portfolio has revolved around a key academic idea that hasn’t held up very well: efficient markets. There’s a direct line from the efficient markets theory of Eugene Fama in the 1960s to modern portfolio theory. It paved the way for index funds, a strategy that has not only weathered market cycles … Read more
A group of big-name crypto and blockchain firms have joined forces to deliver open artificial intelligence (AI) services using combined infrastructure. The Open Agents Alliance (OAA) consists of NEAR AI, the payments and AI arms of crypto exchange Coinbase and an array of other blockchain and AI projects. The aim of the alliance is to … Read more
The US Securities and Exchange Commission says it does not view memecoins as securities but warned any fraudulent tokens could still be subject to enforcement actions by other regulators. The agency’s Division of Corporation Finance said in a Feb. 27 statement that, in its view, memecoins “do not involve the offer and sale of securities … Read more
Digital-asset insurance broker Native said it arranged $25 million of blockchain-based cover against hacks for Team Rizzo, an operator of machine-learning businesses and staking validator services on Bittensor, the popular cryptocurrency-driven AI network. The London-based company acted as a broker and also an underwriter using its own syndicate and capital pool on Nexus Mutual, a … Read more
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 2795.83, up 3.2% (+86.05) since 4 p.m. ET on Wednesday. All 20 assets are trading higher. Leaders: AVAX (+8.2%) and DOT (+8.1%). Laggards: Laggards: SOL (-5.6%) and UNI (-4.3%). … Read more
What was shaping up to be a strong opening for U.S. stocks is less so after President Trump clarified his latest thoughts on tariffs. In a post on his Truth Social complaining about the influx of drugs from both north and south of the U.S. border, the president said tariffs will begin against Mexico and … Read more
Recent security breaches have rocked the crypto space, highlighting the fact that security will continue to need to be a key focus for providers. In today’s issue, Marcin Kaźmierczak from Redstone Oracles breaks down why 2025 will be a critical year for DeFi and on-chain finance. Then, Kevin Tam looks at the institutional adoption of … Read more