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Techub News reports that Citibank (Citi) has announced the extension of its blockchain-based token service to Japan, providing institutional clients with 24/7 dollar transfer services. This move comes just as Japanese banks and companies are building stablecoins for some of the same payment purposes. (Crypto.news)
Techub News, according to The Block, the Hyperliquid ecosystem's omnichannel trading platform Based has completed a $11.5 million Series A funding round led by Pantera Capital, with participation from Coinbase Ventures, Wintermute Ventures, and Karatage. The funding structure involved equity investment plus token warrants. This round was launched in Q4 2025 and concluded last week. The company currently has over 100,000 registered users, 30,000 monthly active users, a cumulative trading volume of approximately $40 billion, and cumulative revenue nearing $14 million. It plans to expand its AI-driven "agentic commerce" business and further extend into the North American market.
Techub News reports that @EricBalchunas tweeted that ETF issuer Defiance has filed an application with the U.S. Securities and Exchange Commission (SEC) for Convexity and Ultra Convexity ETFs based on growth stocks, DRAM, and the semiconductor industry. These leveraged ETFs aim to provide a single-day amplified return on the corresponding thematic assets. If approved, they will offer investors leveraged investment tools in the semiconductor and AI hardware sectors. The details of the ETF application have been published on the SEC's official website.
Techhub News reports that Google's research team has developed a method to add watermarks to AI-designed proteins. This initiative aims to address biosafety risks, as current software for identifying potentially hazardous proteins cannot effectively distinguish those generated by AI. The watermarking technology helps differentiate AI-designed proteins from natural ones, enhancing regulatory and traceability capabilities. This method is seen as a leading initiative in the biotech field to address potential threats posed by AI. While AI tools have succeeded in designing enzymes that aid in digesting plastic or blocking toxic proteins, they could also be used to create toxins or alter viral protein behavior. (Ars Technica AI)
Techub News reports that Visa and the Lloyds Banking Group in the UK have completed a real-time pilot exploring how stablecoin-based settlements can support faster, more transparent, and more flexible cross-border transactions. The pilot aims to validate the potential of stablecoins in improving the efficiency of traditional financial transactions. (Finextra Crypto Channel)
Techub News reports that draft rules published by the State of Illinois explain how its 0.2% cryptocurrency transaction tax will apply starting in 2027. The tax may apply to transactions involving stablecoins, DeFi operations, cross-chain bridges, and fee-based wallet transfers. (Crypto.news)
Techub News reports that OpenAI has reopened its $200 Pro subscription plan for new user registration, but has halved the API credits redeemable per dollar. Company employee Thibault Sottiaux stated that more efficient models such as GPT-6 Sol and Luna compensate for this difference. This move is part of OpenAI's shift from subsidy-based fixed-rate plans to a usage-based billing strategy. (The Decoder)
Techub News reports that HSBC and Ant Digital Technologies have announced the completion of a technical test exploring how AI agents can use tokenized bank deposits to pay for digital services. The test combined HSBC's Tokenized Deposit Service (TDS), Ant Digital Technologies' Jovay Layer 2 blockchain testnet, and the Anvita Flow network. (CoinGape)
Techub News reports that Shinhan Bank, the second-largest bank in South Korea, has announced the completion of a cross-border remittance pilot project based on Solana's stablecoin company. The pilot aims to seamlessly integrate cryptocurrencies into existing banking systems to revolutionize corporate remittance processes. This pilot primarily addresses the cross-border remittance needs of corporate clients by issuing and transferring stablecoins on the Solana blockchain to achieve real-time, low-cost cross-border settlements, demonstrating the feasibility of integrating traditional financial institutions with blockchain technology in corporate financial scenarios. (Crypto Briefing)
Techub News reports that Shopify has launched a website building tool called Canvas, where merchants can create and customize online stores by conversing with its AI assistant Sidekick, and view the changes in real-time. This feature aims to simplify the process of setting up e-commerce websites, converting natural language instructions into specific website designs and content. (TechCrunch)
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