Author: CryptoDispatchDaily.com
Activist shareholder demands Riot Platforms pivot from Bitcoin to AI powerhouse
In a letter sent on February 18 activist investor Starboard Value LP called on Riot Platforms to urgently execute its transition from bitcoin mining to a premier artificial intelligence and high-performance computing (AI/HPC) data center provider. Summary Starboard Value released a high-stakes letter urging Riot Platforms to capitalize on a massive $21 billion opportunity in artificial intelligence. The recent AMD deal is seen only as a “proof of concept”; the activist demands larger, investment-grade tenants to bridge the valuation gap with peers. The shareholder warned that if Riot cannot execute quickly, its rare power assets make it a prime acquisition…
The XRP Ledger has climbed to sixth place among blockchain networks by tokenized real-world asset value, surpassing Solana and approaching BNB Chain, according to the latest RWA league table data. Summary The XRP ledger added $354 million in tokenized assets over the past 30 days. It currently ranks behind BNB Chain in total tokenized assets. If the current rate of RWA issuance continues, the ledger could challenge BNB Chain’s position among leading tokenization networks. The ledger added $354 million in tokenized assets over the past 30 days, according to ETHNews. The growth occurred despite downward pressure on XRP’s market price…
WLFI is up 20% today because World Liberty Financial has said it plans to tokenize loan revenue tied to the Trump International Hotel & Resort now being built in the Maldives. Traders reacted fast. The token is now linked to projected resort loan income, and that pushed WLFI higher during a week when the broader crypto market looked mixed. World Liberty Financial lists President Donald Trump as “co-founder emeritus.” The company said it will tokenize revenue interests from loans connected to the Maldives resort. Those tokens will fall under its branded real-world asset strategy. The announcement came Wednesday at the…
Figma confirmed a partnership with Anthropic to launch Code to Canvas, a feature that converts code generated in AI tools into fully editable designs within Figma’s platform. Summary Anthropic released Claude Sonnet 4.6 in conjunction with the Figma partnership. Claude Sonnet 4.6 is being touted as Anthropic’s most capable Sonnet model yet. . Safety researchers described the model as having strong safety behaviors with no signs of major concerns around high-stakes forms of misalignment. The feature allows users who build interfaces using AI agents to import those interfaces directly into Figma’s canvas, according to the company’s announcement. Code to Canvas…
Bridge, a stablecoin platform acquired by Stripe in 2024, has received conditional approval from the Office of the Comptroller of the Currency to become a federally chartered national trust bank, the company announced. Summary Stablecoins are digital currencies designed to maintain stable value, typically backed by reserve holdings such as U.S. dollars. Bridge stated that the federal charter would create “the regulatory backbone” companies need to deploy stablecoins securely and at scale. Ripple, Circle, BitGo, Fidelity Digital Assets, and Paxos reportedly received conditional approvals in December. The national trust bank charter would enable Bridge to store digital assets for customers,…
World Liberty Financial has unveiled plans to roll out an institutional-grade real-world asset product, starting with a tokenized investment linked to Trump International Hotel & Resort, Maldives. Summary WLFI is partnering with Securitize and DarGlobal to tokenize loan revenue from a major Maldives resort. The offering targets accredited investors and will operate under strict regulatory and transfer rules. The project reflects WLFI’s ongoing strategy to link DeFi, traditional assets, and institutional finance. The goal of the project, which is being developed in partnership with Securitize and DarGlobal PLC, is to tokenize loan revenue interests tied to the upscale resort. According…
A new analysis from Coin Metrics, authored by Senior Research Associate Tanay Ved, finds that January’s record $8 trillion in adjusted stablecoin transfer volume was largely driven by USDC activity on Base, with much of the spike tied to decentralized finance ( DeFi) mechanics rather than payments. Tanay Ved of Coin Metrics Breaks Down USDC’s […] Source link
Cryptocurrency exchange Gemini disclosed plans for a leadership restructuring that will see three senior executives depart as the company narrows its geographic focus and implements cost reductions, according to a regulatory filing released Tuesday. Summary Gemini operates in more than 60 countries, but demand in certain regions proved insufficient to support continued growth. The firm plans to execute separation agreements with three executives that may allow them to remain temporarily to assist with transitions. The board appointed Chief Accounting Officer Danijela Stojanovic as interim CFO. Chief Operating Officer Marshall Beard, Chief Financial Officer Dan Chen, and Chief Legal Officer Tyler…
Solana failed to stay above $86 and corrected gains. SOL price is now below $84 and remains at risk of more losses below $80. SOL price started a downside correction below $86 against the US Dollar. The price is now trading below $85 and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $84 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $80 zone. Solana Price Dips Further Solana price failed to stay above $90 and started a downside correction,…
OpenAI has introduced a new system called EVMbench, designed to measure how well artificial intelligence agents can find and fix security flaws in crypto smart contracts. Summary OpenAI has introduced EVMbench, a new framework designed to measure how well AI agents can detect, fix, and exploit smart contract vulnerabilities. Developed with Paradigm, the benchmark is built on real audit data and focuses on practical, high-risk security scenarios. Early results show strong progress in exploit tasks, while detection and patching are still challenging. The company announced on Feb. 18 that it has developed EVMbench in partnership with Paradigm. The benchmark focuses on…
