Crypto investment firm Deus X Capital shuts down as backers pursue separate strategies
CEO Tim Grant will lead AI venture TensorX, while CIO Stuart Connolly stays to oversee the firm’s formal unwind in January. Source：CoinDesk
Crypto must cement adoption to withstand US policy shifts: Canton CEO
Canton CEO Yuval Rooz compared blockchain adoption to Uber and Airbnb, arguing that widespread adoption could help insulate it from potential policy reversals.…
Chasing 100x tokens is game of ‘irrational exuberance,’ says Polymarket CEO
Some traders are looking for more predictable prediction market opportunities, rather than playing “hot potato” with the next 100x gem, according to…
Elon Musk and Intel CEO shore up chipmaker’s role in Terafab project — and here’s what the news is doing to the stock.
Elon Musk and Intel’s CEO have said the company’s involvement in the Terafab chip plant will continue, boosting shares. Source：MarketWatch
Wall Street wealth creation model is unsustainable for most participants: Hyperliquid CEO
Early Wall Street wealthcreation opportunities remain inaccessible to retail participants, but Hyperliquid’s perpetual contracts aim to democratize access,…
AMD’s chief executive is planning to invest ‘tens of billions’ as Asian tour addresses supply-chain chokepoints
AMD’s CEO has been meeting executives in Taiwan and South Korea. Source：MarketWatch
Pudgy Penguins-backed Abstract to shut down after ‘tens of millions’ in losses
Igloo CEO Luca Netz said the company funded Abstract for 18 months but still failed to find productmarket fit despite attracting major brands and a community…
Crypto is expanding the boundaries of what can be priced
The future of crypto may therefore depend less on creating the next novel asset and more on building the infrastructure required to price a growing universe of…
Advocacy group pushes back on banks’ lawsuit against OCC over charters
CCI CEO Ji Hun Kim said that the organization “remains confident“ in the OCC’s approval of charters for crypto companies, despite a recent lawsuit and pushback…
Saudi Aramco’s CEO may be too downbeat about the road to restocking global oil supplies
Some see record oil production and more alternative routes for delivery once the Strait of Hormuz fully opens. Source：MarketWatch
Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions
CEO Iana Dimitrova said OpenPayd aims to launch in the U.S. by April 2027 and is eyeing deals to add licenses and technology. Source：CoinDesk
Trump is expected to appoint Jay Clayton as new AI czar: Reports
US intel chief Clayton may be asked to also oversee AI innovation and development along with “self policing” tech CEOs. Source：Cointelegraph