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The startup is retiring its own blockchain and moving to Sui with a $30 million investment as it narrows its focus to AI training data. DATA, the blockchain startup backed by Andreessen Horowitz's a16z crypto and formerly known as Story Protocol, is shutting down its blockchain and moving to Sui after securing a $30 million investment from the network's foundation. The move comes after spending years trying to bring intellectual.

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When it comes to the U.S., Bybit will look to work with with someone like Interactive Brokers (IB), for example, said CEO Ben Zhou. Bybit, the second-largest cryptocurrency exchange by trading volume, plans to buddy up with an established local company when it enters the U.S. to help it challenge the reach of firms like Robinhood Markets HOOD$101.32, according to CEO Ben Zhou. Zhou said finding a partner is Bybit’s.

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Real-world assets already back the largest stablecoins, yet borrowing against them onchain still runs through variable-rate pools. Peter Gaffney of O2O Capital Partners explains why fixed-rate, fixed-term lending is the missing piece, and how a 5% shift in Sky and Ethena reserves could create $1.8 billion of demand for real-world assets. You're reading Crypto Long & Short, our weekly newsletter featuring insights, news and analysis for the professional investor. Sign.

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Vault12 raised $17.45 million selling VGT in 2018 and says it met or dropped every promise, yet the token has never traded on a centralized exchange. The issuer of a cryptocurrency token that has never traded on a major exchange has presented an early test of the U.S. Securities and Exchange Commission’s (SEC) proposed safe harbor framework. Crypto wallet backup firm Vault12, backed by Winklevoss Capital and Naval Ravikant, warned.

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The collaboration will explore card-linked merchant payments for Japanese visitors in South Korea and peer-to-peer wallet transfers among broader cross-border trade remittances. Japanese visitors to South Korea might one day be able to transact using yen stablecoins linked to payment cards following experiments conducted by South Korean card issuer Shinhan Card and subsidiaries of the Tokyo-based financial services company SBI Holdings. Shinhan Card, a unit of Shinhan Financial, is working.

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Dogecoin Labs will combine MyDoge, DogeOS and merchant payment tools as developers try to turn coin holders into customers for applications and businesses. The teams behind a Dogecoin DOGE$0.08200 wallet, an application network and merchant payment tools are combining to form Dogecoin Labs in an effort to give DOGE holders more places to spend and use their coins. Dogecoin Labs, formed in partnership with the Dogecoin Foundation, will own and.