Tech News — Page 5

Blockchain engineering, security, scaling, AI and the technology behind digital finance.

Elon Musk to Launch ‘Grokipedia,’ an AI-Powered Rival to Wikipedia in Two Weeks

Elon Musk’s AI company, xAI, is set to launch Grokipedia — an open-source alternative to Wikipedia — within two weeks. Designed to combat misinformation, the AI-powered platform aims to verify facts across multiple sources and rewrite them accurately. The move follows Musk’s long-standing criticism of Wikipedia’s editorial bias.

AI Agents Could Become Key Liquidity Drivers for Stablecoins, Says Paxos Labs Co-Founder

Paxos Labs’ Bhau Kotecha says AI agents could transform stablecoin markets by routing liquidity to the most efficient issuers, turning fragmentation into an advantage. With stablecoins surpassing $300 billion and companies like Cloudflare and Coinbase exploring AI-powered payment solutions, AI agents may soon become the dominant force in stablecoin adoption.

OpenAI Hits $500B Valuation, Overtaking SpaceX and Leaving Crypto Giants in the Dust

OpenAI has reached a record $500 billion valuation, overtaking SpaceX to become the world’s largest startup. While crypto companies like Tether and Coinbase trail far behind, analysts see synergies between AI agents and stablecoins, with bots already driving the majority of stablecoin transactions. Yet, questions remain over the sustainability of AI’s energy needs as the sector scales at breakneck speed.

Pavel Durov: “I Funded My Lifestyle from Bitcoin, Not Telegram”

Telegram CEO Pavel Durov says he has relied on Bitcoin — not Telegram revenue — to finance his lifestyle, revealing he bought thousands of BTC in 2013. While predicting Bitcoin could hit $1 million, he also highlighted TON’s role in Telegram’s blockchain ecosystem despite regulatory hurdles.

Coinbase Exec: AI Agents Will Rely on Crypto, Not Legacy Finance

Coinbase’s John D’Agostino says AI agents will need crypto, not outdated finance rails, to operate at scale in global markets. He argues Bitcoin is more than “digital gold” and predicts gradual, cautious institutional adoption rather than an instant wave.

Qatar’s Largest Bank Adopts JPMorgan’s Kinexys Blockchain for Instant Dollar Payments

QNB’s adoption of JPMorgan’s Kinexys blockchain brings near-instant, round-the-clock US dollar payments to corporate clients, marking a big leap for blockchain in the Middle East. While JPMorgan’s $3 billion Kinexys volume is small compared to its $10 trillion in daily payments, the system represents a critical bridge between traditional banking and digital settlement infrastructure.