Attention builders, investors, and innovators in the AI and crypto space! The opportunity you’ve been waiting for to position your brand at the forefront of the convergence between artificial intelligence and the digital asset world is closing fast. Bitcoin World Sessions: AI Week, running from June 1st to June 7th, is curating a series of dynamic Side Events, and tonight is your absolute last chance to apply to host one. Don’t miss this critical window to engage directly with a high-value audience interested in Bitcoin World Sessions AI and its implications. Why Host a Side Event During Bitcoin World Sessions AI Week? Side Events are where truly impactful connections are forged away from the main stage buzz. They offer a unique platform to delve deeper into specific topics, showcase your expertise, and connect with potential partners, investors, and customers in a more personal and controlled environment. This week, centered around TC Sessions: AI at UC Berkeley, presents an unparalleled opportunity to tap into a concentrated group of AI enthusiasts and professionals. Hosting a Side Event allows you to: Position your brand: Stand out within the bustling schedule of AI events . Shape conversations: Lead discussions on topics most relevant to your business or area of focus. Build relationships: Foster new partnerships and deals in a relaxed setting. Gain visibility: Benefit from promotional support from Bitcoin World. What Kind of Side Event Can You Host? The format is flexible, allowing you to tailor the experience to your brand and goals. Whether you envision an intimate roundtable, a hands-on workshop, a casual happy hour, or a focused meetup, a Side Event is your canvas. You control the agenda, the atmosphere, and the guest list (within guidelines), ensuring the conversation aligns perfectly with your objectives. Connect with over 1,000 AI investors, builders, and thought leaders, drawing from both the attendees of the main TC Sessions: AI event and the vibrant broader Berkeley tech ecosystem. This is a prime opportunity for targeted AI networking . Boosting Your Brand Visibility Hosting isn’t just about the event itself; it comes with valuable promotional perks designed to increase your brand visibility across Bitcoin World’s platforms. These include: A custom discount code for your network to attend relevant parts of the week. Promotion on the official Bitcoin World Sessions: AI agenda, website, and mobile app. Inclusion in relevant articles covering the week’s activities. Listing in attendee emails, reaching a targeted audience. These benefits help ensure your event is seen and attracts the right participants, maximizing your return on effort. Understanding the Guidelines (The Not-So-Fine Print) There is no fee to apply or host your Side Event. You manage all logistics, costs, and promotion for your specific gathering. However, there are a few key requirements to ensure cohesion with the overall week: Events must take place between June 1st and June 7th, 2024. Events on June 5th (the day of TC Sessions: AI main event) must start after 5:00 p.m. PT to avoid conflict. All attendees must be 18 years or older (or 21+ if alcoholic beverages are served). Events must be located in or around Berkeley, California. The Clock is Ticking: Apply Before the Deadline This is your final opportunity to secure a spot and host your own Side Event during this significant week for AI and technology. Engaging with the community through your own event is a powerful way to build connections and enhance your brand visibility within the AI landscape. Applying is free and straightforward. Don’t let this chance pass by. Make your mark at Bitcoin World Sessions: AI by hosting a memorable Side Event. The application window closes tonight, May 28th, at 11:59 p.m. PT. Summary: Don’t Miss Out Hosting a Side Event at Bitcoin World Sessions: AI Week offers an exceptional opportunity for targeted AI networking , significant brand visibility , and shaping key conversations within the AI community. With the deadline tonight, May 28th, at 11:59 p.m. PT, the time to act is now. Apply for free and position your brand directly in front of investors, builders, and thought leaders during one of the most anticipated AI events of the year. This is your final call to lead a Side Event and make a lasting impression. To learn more about the latest AI events and networking opportunities, explore our articles on key developments shaping AI features and institutional adoption.
The Artificial Superintelligence Alliance token (FET) experiences a remarkable surge as supply on exchanges dwindles, suggesting a potential price leap ahead. Despite heavy selling from large investors, a resurgence of
A US bank is warning thousands of customers that their sensitive information may be at risk following an “administrative error.” In a new filing with the Office of the Maine Attorney General, Bluestone Bank says an error in late February led to the unauthorized disclosure of personal data belonging to 7,605 customers. According to the Bridgewater, Massachusetts-headquartered bank, personal and confidential information belonging to its customers was inadvertently sent to an unintended recipient on February 28th of this year. “The personal information that may have been accessed includes the data we have on file for you, such as your name, address, social security number, and account number(s).” Bluestone Bank says it has taken various steps to minimize the risk of potential harm to customers. “The individual who received the information has signed a Certificate of Destruction, confirming that all information was promptly and securely destroyed and no information was retained… We have further addressed this incident by reinforcing proper data handling procedures and mandating retraining on the appropriate management of customer data. In addition, we have evaluated and enhanced our existing protocols and controls to ensure this will not happen again.” To prevent possible misuse of personal information following the incident, Bluestone Bank is offering its customers a complimentary membership to an identity-monitoring service for one and a half years. Customers also have the choice of closing and reopening their bank accounts as a safety precaution. Bluestone Bank had $1.5 billion in total assets as of November of 2024. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post 7,605 Bank Customers Receive Urgent Data Breach Alerts After ‘Administrative Error’ Exposes Social Security Numbers, Names and Account Details appeared first on The Daily Hodl .
Citi predicts significant blockchain adoption by 2025, driven by stablecoins. The stablecoin market could grow to $1.6 trillion or more by 2030. Continue Reading: Citi Predicts Blockchain Milestone by 2025 as Stablecoins Gain Momentum The post Citi Predicts Blockchain Milestone by 2025 as Stablecoins Gain Momentum appeared first on COINTURK NEWS .
The world of technology, much like the cryptocurrency space, is constantly buzzing with innovation and significant capital injections. The latest news highlights a major move in the artificial intelligence sector, specifically concerning a key round of AI Funding for a promising company. Significant AI Funding Boosts Manus AI According to reports, Chinese AI startup Manus AI has successfully closed a substantial funding round. The company, which focuses on building advanced tools for AI Agents , reportedly secured $75 million. This significant injection of capital was led by prominent venture capital firm Benchmark, placing a valuation of approximately $500 million on Manus AI. This development underscores the continued strong investor interest in the AI sector, particularly in companies developing sophisticated autonomous systems. Who is Manus AI and What are AI Agents ? Manus AI is a technology company based in China, dedicated to the development of software and tools that power AI agents. But what exactly are AI Agents ? Think of AI Agents as intelligent computer programs designed to perform tasks autonomously on behalf of a user or another program. Unlike simpler AI that might perform a single function, agents are often intended to: Understand goals and complex instructions. Break down tasks into smaller steps. Interact with various software applications or systems. Learn and adapt over time. Complete tasks with minimal human intervention. Manus AI’s work in this area aims to make these autonomous capabilities more accessible and powerful for a variety of applications. The Impact of the Benchmark Investment The involvement of Benchmark, a highly respected Silicon Valley venture capital firm known for early investments in companies like Twitter, Uber, and Instagram, is a major vote of confidence for Manus AI. This specific Benchmark Investment is particularly noteworthy because it reportedly quintuples Manus AI’s valuation from its previous funding stage. Previously, Manus AI had raised over $10 million from investors including Tencent and HSG (formerly Sequoia China). The leap from a valuation likely below $100 million to $500 million demonstrates the rapid growth and perceived potential investors see in the company’s work on AI Agents . Global Expansion Plans Fueled by AI Funding A key reason for securing this substantial AI Funding is Manus AI’s ambition to expand its reach beyond China. Reports indicate the company plans to use the fresh capital to enter new, significant markets. These target regions include: The United States Japan The Middle East This global push signals Manus AI’s intent to compete on an international stage in the rapidly evolving AI landscape. Putting AI Agents to Work: Product Context Manus AI gained notable attention when it launched a public demo of a general AI agent in March. The idea was to showcase an agent capable of handling diverse tasks across different platforms. Following the demo, the company introduced paid subscription tiers, ranging from $39 to $199 per month, indicating a move towards commercializing its technology. While initial testing of the demo reportedly showed areas for improvement, the rapid move to paid plans suggests confidence in their ongoing development and product roadmap. What This Means for the Chinese AI Startup Scene and Beyond The success of Manus AI in attracting significant foreign investment from a firm like Benchmark highlights the growing maturity and global competitiveness of the Chinese AI Startup ecosystem. Despite geopolitical tensions, top-tier venture capital is clearly still interested in funding promising technology companies originating from China. Furthermore, the focus on AI Agents reflects a broader trend in the AI industry towards creating more autonomous and capable systems. This area is attracting significant talent and capital globally, making it a key space to watch for future technological advancements. Summary In conclusion, Manus AI, a Chinese AI Startup specializing in AI Agents , has secured a major $75 million round of AI Funding led by Benchmark. This significant Benchmark Investment values the company at $500 million and is intended to fuel its expansion into markets like the U.S., Japan, and the Middle East. The funding round follows the company’s recent demo and launch of paid plans for its general AI agent technology, positioning Manus AI as a notable player in the global AI landscape. To learn more about the latest AI market trends, explore our articles on key developments shaping AI features and institutional adoption.
Not every breakout starts loud. In fact, the smartest crypto plays usually begin in silence. Today, while Solana (SOL) and Ripple (XRP) continue to gain strength, a growing number of seasoned investors are locking into MAGACOINFINANCE —a project showing all the right early-stage signs. It’s already surging—and it hasn’t even hit the exchanges yet. What’s fueling MAGACOINFINANCE’s rapid rise Bonus access is still active: Strategic buyers are locking in during the final moments of private entry. Listings are approaching fast: Once live on exchanges, the opportunity for first-mover advantage disappears. Visibility is surging: The token is now on radar inside altcoin analyst circles and private investor communities. Access is still limited: This isn’t mass-market yet. That’s why early positioning matters. MAGACOINFINANCE is earning bold projections MAGACOINFINANCE isn’t just climbing—it’s accelerating. With a capped supply and rapidly rising interest, market analysts now place it in the 57x potential tier—supported by its clean structure, momentum, and strategic launch timing. Why SOL, XRP, KAS, and OP won’t offer this entry again Solana (SOL) , XRP , Kaspa (KAS) , and Optimism (OP) are well-established. Their early discovery moments are long past. MAGACOINFINANCE is now trending as a 5,700% ROI candidate among top early-stage altcoins. Final thoughts on MAGACOINFINANCE Every major coin had its quiet beginning— Bitcoin , XRP , and Solana were once ignored. Today, MAGACOINFINANCE is in that same position: building fast, rising confidently, and offering timing that rarely lasts. This is the phase where smart money moves. Join the Presale Now at MAGACOINFINANCE.COM SMART INVESTORS ARE ALREADY IN — ARE YOU? For more information, please visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance The post $1 Million Gains? MAGACOINFINANCE.COM Is Exploding—Will SOLANA and XRP Catch Up? appeared first on TheCoinrise.com .
Former Goldman Sachs executive Raoul Pal says one Solana ( SOL ) competitor is his “favored child.” Pal tells his 1.1 million followers on the social media platform X that if he had to “have a favorite,” the layer-1 chain Sui ( SUI ) would look preferable to Solana. The Real Vision chief executive shares a chart comparing the SUI/USD price to the SOL/USD price, with SUI/USD looking like it’s on the cusp of breaking out of resistance. Source: Rekt Capital/X SUI is trading at $2.97 at time of writing. The 13th-ranked crypto asset by market cap is up more than 21% in the past day and nearly 41% in the past week. SOL is trading at $149.47 at time of writing. The sixth-ranked crypto asset by market cap is up more than 3.5% in the past 24 hours and more than 13% in the past week. Pal isn’t the only analyst bullish on the Solana rival: Last week, crypto trader Michaël van de Poppe told his 783,900 followers on the social media platform X that Sui is gaining adoption as a decentralized finance (DeFi) network, including for Bitcoin ( BTC ) staking and lending, referred to as Bitcoin DeFi (BTCfi). “Once the markets are turning back into an uptrend, the money will flow back into the ones that have shown strength. SUI is one of them. It’s a great spot to investigate SUI: BTCFi is quickly growing fast as 10% of TVL (Total Value Locked) going through SUI. DeFi on SUI is in the top six of all chains. Nearly $6 billion in trading volume on DeFi in the past month. I think it can do really well in the upcoming cycle.” Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Ex-Goldman Sachs Executive Raoul Pal Favors One Surging Layer-1 Asset Over Solana (SOL) – Here’s Why appeared first on The Daily Hodl .
If big wallets pause and that supply keeps evaporating, the AI-token’s next jump could outpace the current price surge.
Coinbase has added the newly launched native asset of an on-chain social network to its listing roadmap. The exchange’s customers may soon be able to trade ZORA, the native asset of the Zora Network, a layer-2 protocol built on top of Ethereum ( ETH ). Explains the project’s website, “Zora’s mission is to make the internet valuable and free – that’s why we’re building a social network that makes tokenizing and trading posts easy, fun, and rewarding. Our Rewards enable creators and developers on Zora to earn from trading activity through two distinct reward systems: Trade Rewards and Market Rewards.” ZORA launched on Wednesday and is trading at $0.022 at time of writing. The 606th-ranked crypto asset by market cap is down around 20% since its launch but is up more than 3% in the past 24 hours. Being added to Coinbase’s listing roadmap means that the top US crypto exchange is considering rolling trading support for the asset in the near future. The roadmap was established in 2022 to increase transparency and reduce the possibility of investors frontrunning new trading support announcements. Coinbase CEO Brian Armstrong has previously said the exchange aims to list as many crypto assets as possible, as long as they meet the company’s standards. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Top US Crypto Exchange Coinbase Adds Brand-New On-Chain Social Media Altcoin to Listing Roadmap appeared first on The Daily Hodl .
Recent reports circulating in the financial press suggested that major crypto firms, including Circle, were actively pursuing a U.S. federal bank charter. This news sparked considerable discussion regarding the integration of the crypto industry with traditional finance. However, Circle, a leading global financial technology firm and the issuer of the widely used stablecoin, Circle USDC, has stepped forward to address these claims directly. What Did the Reports Claim About Circle and a U.S. Bank Charter ? A Wall Street Journal report indicated that several crypto companies were exploring options for obtaining U.S. banking licenses. The rationale presented was that securing such licenses would help these firms build stronger, more direct connections with the traditional banking system, potentially easing issues related to access to payment systems and institutional trust. Circle was mentioned as one of the firms reportedly looking into this path, alongside others like BitGo. The pursuit of a full federal bank charter is a significant undertaking, requiring rigorous application processes, substantial capital reserves, and adherence to strict regulatory oversight from bodies like the Office of the Comptroller of the Currency (OCC). For a crypto firm, obtaining such a charter would represent a deep level of integration into the established financial framework. Circle ‘s Official Stance: Clarifying Their Regulatory Path In response to these reports, an executive at Circle provided a crucial clarification. According to Cointelegraph, Circle’s Chief Strategy Officer, Dante Disparte, explicitly refuted the claim that the company is seeking a U.S. federal bank charter or looking to acquire an insured depository institution. This statement directly contradicts the premise that Circle’s immediate goal is to become a fully chartered federal bank in the traditional sense. Disparte clarified Circle’s actual strategic focus regarding U.S. regulatory licenses. He stated that the company may instead seek a federal or state trust charter or another form of non-bank license. This distinction is vital and highlights Circle’s specific needs and goals within the evolving regulatory landscape for digital assets. Key Takeaways from Circle’s Clarification: Denial of Bank Charter: Circle is not currently pursuing a full U.S. federal bank charter. Denial of Acquiring an Insured Depository Institution: They are not looking to buy an existing bank. Focus on Trust/Non-Bank Licenses: Circle is exploring state or federal trust charters or other non-bank licenses. Purpose: These efforts are aimed at complying with forthcoming stablecoin regulations. This clarification provides a clearer picture of Circle’s strategy, positioning them as seeking specialized licenses relevant to their core business of issuing stablecoins, rather than attempting to become a traditional bank. Why is Stablecoin Regulation Driving Circle’s Strategy? Stablecoins like Circle USDC have become a critical bridge between the traditional financial system and the crypto economy. Their stability, typically pegged to fiat currencies like the U.S. dollar, makes them essential for trading, payments, and decentralized finance (DeFi). However, their growing importance has attracted significant attention from regulators globally, particularly in the United States. Policymakers are increasingly focused on establishing clear rules for stablecoin issuers to ensure financial stability, protect consumers, and prevent illicit activities. Proposed legislation and regulatory guidance emphasize requirements around reserves, redemption rights, and overall risk management. For a major issuer like Circle, operating under a clear and appropriate regulatory framework is paramount for legitimacy, trust, and continued growth. Seeking a trust charter or a non-bank license is a strategic move directly tied to navigating this evolving regulatory environment. These types of licenses can provide the necessary legal and supervisory structure specifically tailored to the activities of a digital asset firm that manages reserves and facilitates transactions, without imposing the full spectrum of requirements placed on deposit-taking commercial banks. Understanding Different Regulatory Licenses for Crypto Regulation The world of financial regulation offers various types of licenses, each with different scopes and requirements. For crypto firms, understanding these distinctions is key to choosing the right path for compliance and business operations. Let’s briefly compare the types of licenses being discussed: U.S. Federal Bank Charter: Regulator: Office of the Comptroller of the Currency (OCC). Scope: Allows for a wide range of banking activities, including taking deposits (often FDIC-insured), making loans, and providing payment services. Requirements: Extremely high capital requirements, strict compliance, consumer protection laws, ongoing supervision. Relevance to Crypto: Provides deep integration with traditional finance but is arguably overkill for a non-lending, non-deposit-taking stablecoin issuer focused solely on reserve management and transfers. State or Federal Trust Charter: Regulator: State banking departments or the OCC (for federal trust charters). Scope: Allows for acting as a trustee, managing assets (like stablecoin reserves), and sometimes providing payment services, but typically does NOT involve taking insured deposits or making commercial loans. Requirements: Significant capital, robust compliance, fiduciary duties, regular audits. Requirements are often less stringent than a full bank charter but still substantial. Relevance to Crypto: Highly relevant for stablecoin issuers as it aligns with managing reserves and ensuring assets are held appropriately for the benefit of token holders. Non-Bank Licenses (e.g., Money Transmitter Licenses – MTLs): Regulator: State-level regulators (e.g., FinCEN for federal oversight, state banking departments for licensing). Scope: Allows for transferring money on behalf of others. Essential for operating exchanges, wallets, and payment services involving fiat or crypto. Requirements: Vary significantly by state but involve capital requirements, surety bonds, compliance programs (AML/KYC). Relevance to Crypto: Fundamental for operations involving the movement of value. Many crypto firms already hold these. Circle’s focus on trust or non-bank licenses indicates a preference for regulatory frameworks that specifically address their activities (issuing and managing stablecoins and their reserves) rather than the broader scope of traditional banking. This approach is often seen as more pragmatic and directly aligned with the needs of a digital asset company under incoming stablecoin regulation. Implications for Circle USDC and the Broader Market Circle’s decision to clarify its regulatory intentions has several implications: Clarity for Investors and Users: It provides transparency regarding Circle’s strategic direction and regulatory compliance efforts. For users and holders of Circle USDC, this clarification reinforces that the company is actively working to operate within established legal boundaries, which can build trust. Focus on Core Business: By not pursuing a full bank charter, Circle signals its intention to remain focused on its core business of stablecoins and related payment/financial infrastructure, rather than diversifying into traditional banking services. Stablecoin Regulation Preparedness: Seeking trust or non-bank licenses demonstrates Circle’s proactive approach to preparing for anticipated stablecoin-specific regulations in the U.S. This could position them favorably as the regulatory landscape solidifies. Industry Precedent: Circle’s chosen regulatory path might serve as a model or influence how other stablecoin issuers and crypto firms approach U.S. licensing under new regulations. It highlights that a full bank charter isn’t the only, or necessarily the best, route for all crypto businesses seeking regulatory clarity. Relationship with Traditional Finance: While not pursuing a full bank charter, obtaining trust or other specialized licenses can still significantly strengthen Circle’s relationship with traditional finance by providing a clear, regulated status that banks and financial institutions can work with confidently. The market’s reaction to the initial WSJ report and Circle’s subsequent denial underscores the importance placed on regulatory clarity for the crypto industry’s maturation and integration into the global financial system. Circle’s chosen path suggests a preference for specialized regulatory frameworks over attempting to fit into the existing broad structure designed for traditional banks. What’s Next for Circle’s Regulatory Journey? Circle’s pursuit of state or federal trust charters or other non-bank licenses will be a key area to watch. The specific type of license obtained, the jurisdiction (state vs. federal), and the requirements imposed will shed further light on the future operating environment for major stablecoin issuers in the U.S. This process is likely to be complex and time-consuming, involving extensive dialogue with regulators. Success in securing appropriate licenses will be crucial for Circle’s ability to scale its operations, partner with traditional financial institutions, and maintain its position as a leader in the stablecoin market under the impending wave of crypto regulation. The distinction between seeking a full bank charter and pursuing trust or non-bank licenses is more than just semantics; it reflects a strategic choice about the nature of the business Circle intends to conduct and the regulatory burden it is prepared to undertake to ensure the stability and compliance of Circle USDC and its other offerings. Summary: Circle Sets the Record Straight on U.S. Licensing In conclusion, while recent reports suggested Circle was aiming for a full U.S. federal bank charter, the company has clarified that this is not the case. Circle’s focus is on obtaining state or federal trust charters or other non-bank licenses. This strategy is primarily driven by the need to comply with forthcoming stablecoin regulation and secure an appropriate regulatory framework for managing reserves and operating its core business, including the issuance of Circle USDC. This move signifies a targeted approach to regulation, seeking licenses specifically suited to digital asset operations rather than the broad scope of traditional banking, and provides valuable insight into how major crypto firms are navigating the complex path towards regulatory clarity in the United States. To learn more about the latest crypto regulation trends, explore our article on key developments shaping stablecoin regulation and institutional adoption.