Techub News reported that AI index startup Silicon Data stated it is planning to cooperate with CME Group to launch a tradable product based on AI token expenditure. (Bloomberg)
24H Highlights
Techub News reported that AI index startup Silicon Data stated it is planning to cooperate with CME Group to launch a tradable product based on AI token expenditure. (Bloomberg)
Techub News reports that the U.S. Office of the Comptroller of the Currency (OCC) announced the release of the final rule to implement the 1Guidance and Establishing National Innovation for U.S. Stablecoins Act1 (GENIUS Act). This rule sets forth requirements for OCC-regulated approved payment stablecoin issuers, foreign payment stablecoin issuers, and certain custodial activities conducted by OCC-regulated entities, covering standards related to reserve backing, redemption, and risk management. U.S. Treasury Secretary Scott Bessent stated that the GENIUS Act marks a watershed moment for U.S. finance, establishing a federal framework for payment stablecoins in the digital age. Acting OCC Comptroller Jonathan V. Gould said that the final rule advances President Trump and the Treasury Secretary's vision of U.S. leadership in the digital asset space. The final rule and the GENIUS Act will take effect on January 18, 2027. The OCC will separately announce when it will begin accepting and processing applications from potential issuers. (OCC)
Techub News reports that market data shows the price of Bitcoin has fallen below 82,000 USD, currently trading at 81,974 USD, with a 24-hour drop of 1.85%. (HashKey)
Techub News reports that Fidelity Bitcoin ETF customers bought Bitcoin worth $103 million in a single day. (Crypto Briefing)
Techub News reports that Binance has announced the addition of four tokenized stock trading pairs in the spot/flash exchange area, namely Blackberry (BBB), Mongodb Inc (MDBB), Penguin Solutions Inc (PENGB), and ProShares Ultra VIX Short-Term Futures ETF (UVXYB). (Binance announcement)
Techub News reports that the U.S. Congress is reviewing a proposal that considers allowing banks to hold cryptocurrencies and issue stablecoins. The proposal aims to provide a clear legal framework for traditional financial institutions to participate in the digital asset space, potentially accelerating the institutional adoption of cryptocurrencies. If the proposal is passed, banks will be able to directly custody customers' crypto assets and issue stablecoins pegged to fiat currencies such as the U.S. dollar, which could impact the stability of the digital asset market and the valuation of assets such as Bitcoin. (Crypto Briefing)
Techub News reports that market data shows Bitcoin price breaking through $86,000, currently at $86,346, a 24-hour increase of 3.19%. (HashKey)
Techub News reports, OKX has announced the launch of QUANTUSDT perpetual contract trading. Quant Network is dedicated to building programmable money infrastructure, connecting banks, blockchain, tokenized deposits and traditional payment channels through Overledger and QuantNet.
Techub News reported that the South Korean cryptocurrency exchange Bithumb announced the addition of a new US-KRW trading market.
Techhub News reports that Caroline Ingeborn, the COO of Luma AI, stated that generative artificial intelligence could help bring more film and television production back to Los Angeles by reducing costs and providing creators with new methods to execute ambitious projects. She believes that AI is a tool for creative professionals rather than a replacement, and "hybrid filmmaking" can combine real actors and crew with AI-generated environments. (Bloomberg)
Techub News reports, AI is reshaping the entertainment industry, and Vermillio is addressing the challenges of control and payment for creators' works and portraits in the AI era through technology. The company has introduced technology aimed at tracking and licensing AI-generated content. Dan Neely, co-founder and CEO of Vermillio, discussed the related progress on the 'Bloomberg Tech' show. (Bloomberg Technology)
Techub News reports that George Strompolos, CEO and co-founder of AI-native entertainment studio Promise, stated that generative AI technology can be applied throughout the entire process of development, production, and visual effects, reducing the cost of some animation projects by more than 50% and enabling small teams to produce larger-scale works. (Bloomberg Technology)
Continuous flash briefing
Techub News reported that AI index startup Silicon Data stated it is planning to cooperate with CME Group to launch a tradable product based on AI token expenditure. (Bloomberg)
Techub News reported that AI index startup Silicon Data stated it is planning to cooperate with CME Group to launch a tradable product based on AI token expenditure. (Bloomberg)
Techub News reports that the U.S. Office of the Comptroller of the Currency (OCC) announced the release of the final rule to implement the 1Guidance and Establishing National Innovation for U.S. Stablecoins Act1 (GENIUS Act). This rule sets forth requirements for OCC-regulated approved payment stablecoin issuers, foreign payment stablecoin issuers, and certain custodial activities conducted by OCC-regulated entities, covering standards related to reserve backing, redemption, and risk management. U.S. Treasury Secretary Scott Bessent stated that the GENIUS Act marks a watershed moment for U.S. finance, establishing a federal framework for payment stablecoins in the digital age. Acting OCC Comptroller Jonathan V. Gould said that the final rule advances President Trump and the Treasury Secretary's vision of U.S. leadership in the digital asset space. The final rule and the GENIUS Act will take effect on January 18, 2027. The OCC will separately announce when it will begin accepting and processing applications from potential issuers. (OCC)
Techub News reports that market data shows the price of Bitcoin has fallen below 82,000 USD, currently trading at 81,974 USD, with a 24-hour drop of 1.85%. (HashKey)
Techub News reports that Fidelity Bitcoin ETF customers bought Bitcoin worth $103 million in a single day. (Crypto Briefing)
Techub News reports that Binance has announced the addition of four tokenized stock trading pairs in the spot/flash exchange area, namely Blackberry (BBB), Mongodb Inc (MDBB), Penguin Solutions Inc (PENGB), and ProShares Ultra VIX Short-Term Futures ETF (UVXYB). (Binance announcement)
Techub News reports that the U.S. Congress is reviewing a proposal that considers allowing banks to hold cryptocurrencies and issue stablecoins. The proposal aims to provide a clear legal framework for traditional financial institutions to participate in the digital asset space, potentially accelerating the institutional adoption of cryptocurrencies. If the proposal is passed, banks will be able to directly custody customers' crypto assets and issue stablecoins pegged to fiat currencies such as the U.S. dollar, which could impact the stability of the digital asset market and the valuation of assets such as Bitcoin. (Crypto Briefing)
Techub News reports that market data shows Bitcoin price breaking through $86,000, currently at $86,346, a 24-hour increase of 3.19%. (HashKey)
Techub News reports, OKX has announced the launch of QUANTUSDT perpetual contract trading. Quant Network is dedicated to building programmable money infrastructure, connecting banks, blockchain, tokenized deposits and traditional payment channels through Overledger and QuantNet.
Techub News reported that the South Korean cryptocurrency exchange Bithumb announced the addition of a new US-KRW trading market.
Techhub News reports that Caroline Ingeborn, the COO of Luma AI, stated that generative artificial intelligence could help bring more film and television production back to Los Angeles by reducing costs and providing creators with new methods to execute ambitious projects. She believes that AI is a tool for creative professionals rather than a replacement, and "hybrid filmmaking" can combine real actors and crew with AI-generated environments. (Bloomberg)
Techub News reports, AI is reshaping the entertainment industry, and Vermillio is addressing the challenges of control and payment for creators' works and portraits in the AI era through technology. The company has introduced technology aimed at tracking and licensing AI-generated content. Dan Neely, co-founder and CEO of Vermillio, discussed the related progress on the 'Bloomberg Tech' show. (Bloomberg Technology)
Techub News reports that George Strompolos, CEO and co-founder of AI-native entertainment studio Promise, stated that generative AI technology can be applied throughout the entire process of development, production, and visual effects, reducing the cost of some animation projects by more than 50% and enabling small teams to produce larger-scale works. (Bloomberg Technology)
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