The new project, dubbed Cocoon, aims to give users access to AI tools without surrendering their data to centralized providers. Pavel Durov, co-founder of the messaging application Telegram, has disclosed a new decentralized AI network to be built atop The Open Network (TON), an independent layer-1 blockchain associated with Telegram. Durov took the stage at the Blockchain Life 2025 forum in Abu Dhabi, United Arab Emirates, to announce the Confidential Compute Open Network, or Cocoon, created to give users access to AI-driven features without sacrificing data privacy to centralized AI providers. According to Durov, users can make the processing power from their graphics processing units (GPUs) available to the network, in exchange for receiving Toncoin (TON), the native token of TON. Durov also touched on why decentralized AI is needed for human freedom: Read more
In the latest Cointelegraph interview, James Lavish explains why the “debasement trade” is going mainstream, and what that could mean for Bitcoin. For years, investors have argued that money printing would weaken fiat currencies and push scarce assets, such as Bitcoin (BTC), dramatically higher. That view, once dismissed as niche, has now entered the mainstream in a big way. In a new interview with Cointelegraph, hedge fund manager and macro expert James Lavish broke down the growing acceptance of that thesis. His message is simple: If you don’t own hard assets, you’re falling behind. “Prices of goods are inflating. And so if you don’t own them, then you’re going to be left behind.” Read more
Brett Harrison’s new startup brings perpetual futures — crypto’s signature high-leverage contracts — to stocks, currencies and commodities. Former FTX US President Brett Harrison is launching a new venture that brings one of crypto’s most popular — and controversial — trading instruments into traditional finance. His startup, Architect Financial Technologies, has received approval in Bermuda to offer perpetual futures contracts tied to traditional assets such as stocks, indexes, commodities, foreign currencies and interest rates, Bloomberg reported Wednesday. Perpetual futures, or “perps,” let traders take leveraged long or short positions without contract expiry. To keep prices aligned with spot markets, exchanges use a funding rate mechanism, a periodic payment between long and short positions that balances demand. Read more
Bitwise’s Chief Investment Officer Matt Hougan says Solana’s staking ETFs yield generation is a significant drawcard for institutional investors. Solana staking exchange-traded funds have a promising future on traditional stock exchanges after Bitwise’s fund debut on the New York Stock Exchange surpassed $56 million in first-day trading volume. Matt Hougan, Bitwise chief investment officer, described the Bitwise Solana Staking ETF (BSOL) as “the missing part of the puzzle” in conversation with Cointelegraph’s Chain Reaction daily show, as the product attracted millions of dollars in investment on the NYSE. Hougan said the product also helps decentralize and secure the Solana network. The $BSOL ETF launched $222 million in assets, amounting to over 1.1 million SOL tokens. Read more