Jul 04, 2026Twila Rosenbaum
The supply of yield-bearing stablecoins dropped by over $3.5 billion in the second quarter of 2026, ending nearly three years of growth. Crypto-native products like sUSDe and sUSDS contracted sharply, while Treasury-backed tokens such as BUIDL, USYC, and USDY expanded. The decline coincided with the first quarterly contraction in the broader stablecoin market since late 2023, raising concerns about weakening demand in the crypto ecosystem.
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Jul 04, 2026Twila Rosenbaum
The Solana Foundation has introduced a new protocol-level governance framework called Solana Governance Proposals (SGPs). This system allows validators with significant delegated SOL to submit proposals and vote onchain, with voting power proportional to their stake. A minimum of 15% support from actively staked tokens is required for a proposal to proceed to a formal vote. The framework aims to reduce centralized coordination and provide a transparent, community-driven decision-making process.
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Jul 04, 2026Twila Rosenbaum
Aave has deployed its V3 lending protocol on Monad, supporting 12 assets including GHO stablecoin. The Monad Foundation committed $15 million in first-year incentives to support liquidity and adoption. This expansion gives Monad users access to established borrowing markets and liquidity incentives, aiming to boost DeFi activity on the layer-1 blockchain.
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Jul 04, 2026Twila Rosenbaum
Bank of Korea Governor Hyun Song Shin presented a vision for tokenized government bonds at the ECB Forum, highlighting efficiency gains in debt management. He detailed a unified ledger plan under Project Hangang, combining tokenized bonds, wholesale CBDC, and commercial bank deposits. A BIS report further supports tokenization's potential to enhance market liquidity and innovation.
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Jul 03, 2026Twila Rosenbaum
Some early investors in OpenAI are expressing concerns over the startup's $852 billion valuation, citing a series of strategic shifts that they perceive as unfocused. The company's pivot to target higher-margin enterprise sales, where it trails competitor Anthropic, has drawn particular criticism. Meanwhile, recent moves including shuttering video generation tool Sora and halting data center projects have fueled doubts about leadership direction.
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Jul 03, 2026Twila Rosenbaum
Amazon attracted a staggering $126 billion in peak demand for its latest bond sale, reflecting strong investor appetite for tech debt despite economic uncertainties. The company plans to raise billions to fund $200 billion in capital expenditures this year, primarily for AI data centers, custom chips, robotics, and low Earth orbit satellites. This move parallels similar strategies by Oracle, Meta, and Google parent Alphabet, as the industry intensifies competition in artificial intelligence.
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Jul 03, 2026Twila Rosenbaum
Nvidia CEO Jensen Huang said the company will probably not invest $100bn in OpenAI, citing the AI start-up's expected IPO. He also noted a similar investment in Anthropic may be the last before its IPO. The comments come amid shifting economics in the AI boom, with massive data centers drawing backlash over resource consumption.
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Jul 03, 2026Twila Rosenbaum
Nvidia has abandoned its earlier $100 billion acquisition plan for OpenAI in favor of a $30 billion contribution to the startup's current funding round, which values OpenAI at $730 billion. The move, reported by the Financial Times, comes amid growing investor skepticism over the initial deal's structure and a broader cooling in AI hype. The funding round involves major players like SoftBank and Amazon, with much of the capital expected to be reinvested in Nvidia hardware.
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Jul 03, 2026Twila Rosenbaum
NetMedia International has announced an update to its Privacy and Cookie Policy, reinforcing its commitment to data protection under GDPR. The new policy outlines how personal data is collected, used, and shared, and provides users with clear rights and control over their information. Users are encouraged to review the changes to understand their privacy rights.
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