Part of the QVAC platform, the framework can use non-Nvidia hardware, expanding support beyond the dominant GPUs typically used for AI training. Tether, issuer of the world’s largest stablecoin by market cap, USDT, has released a new AI training framework that it says allows large language models to be fine-tuned on consumer hardware, including smartphones and non-Nvidia GPUs. According to Tuesday’s announcement, the system, part of its QVAC platform, uses Microsoft’s BitNet architecture and LoRA techniques to reduce memory and compute requirements, potentially lowering the cost and hardware barriers to developing AI models. The framework supports cross-platform training and inference across a range of chips, including AMD, Intel and Apple Silicon, as well as mobile GPUs from Qualcomm and Apple. Read more
A Kalshi spokesperson said that the criminal case was based on ”paper-thin arguments” and claimed the company was exclusively under federal jurisdiction. Arizona Attorney General Kris Mayes announced that her office filed gambling and related criminal charges against the companies behind prediction markets platform Kalshi. In a Tuesday notice, Mayes said that the charges alleged that Kalshi operated an “illegal gambling business in Arizona without a license” and offered election wagering, in violation of state laws. Arizona authorities alleged that Kalshi’s prediction markets platform allowed state residents to bet on event contracts related to sports and state and federal elections. “Kalshi may brand itself as a ‘prediction market,’ but what it's actually doing is running an illegal gambling operation and taking bets on Arizona elections, both of which violate Arizona law,” said Mayes. “No company gets to decide for itself which laws to follow.” Read more
A SOL chart pattern that preceded several triple-digit rallies just flashed again. Are the altcoin bulls gearing up for a run to new price highs? A recurring bottom signal for Solana’s SOL (SOL) token has flashed on its weekly chart. The pattern was first seen in 2023 when SOL went on a 1,604%, rally, then again in 2025 when the altcoin gained 142%. Currently, SOL futures and spot market data point to a slow pickup in market activity, with the price approaching a key weekly level that may reinforce the bullish bias. Crypto analyst WebTrend has highlighted that the pattern on the weekly chart is marked by consecutive candles with long lower wicks. This structure often signals that selling pressure is being absorbed as the buyers consistently step in at lower levels. Read more
The Canadian bank added USD–CAD conversion to its tokenized deposits, enabling real-time cross-border transactions as banks test blockchain-based settlement systems. VersaBank, a federally chartered Canadian digital bank focused on institutional lending, is adding foreign exchange functionality to its tokenized deposit platform, allowing users to convert between US and Canadian dollars within a blockchain-based system. Announced Tuesday, the upgrade enables real-time, 24/7 currency conversion using Real Bank Tokenized Deposits (RBTDs), that is, digital representations of fiat deposits issued and backed by the Ontario-based institution. The feature is designed to improve cross-border transactions by reducing reliance on traditional foreign exchange rails, which are often slower and limited by banking hours. Read more
With the combined $57 million deal, GSR looks to integrate token launches, liquidity and treasury into a single capital markets stack for crypto projects. Crypto trading and investment company GSR has acquired advisory companies Autonomous and Architech in a $57 million deal to expand its services for tokenized projects, combining launch support, treasury management and capital markets infrastructure under one platform. The acquisition brings together Autonomous's operational and financial services for token launches with Architech’s focus on token design and liquidity strategy, integrating both into GSR’s existing trading, market-making and asset management business. To be sure, many crypto projects face challenges due to their reliance on different providers for structuring, token economics, fundraising, and exchange listings, which can lead to inefficiencies and a lack of coordination, according to Philipp Maume and Mathias Fromberger, writing recently in the Chicago Journal of International Law. Read more
Bitcoin consolidated recent gains in the face of blanket skepticism over its rebound, while gold threatened to give up $5,000 support. Bitcoin (BTC) circled $74,000 after Tuesday’s Wall Street open as skepticism increased over BTC price strength. Key points: Bitcoin stalls after a trip to $76,000, with short-term targets including a retreat to $68,000. Read more
The no-action position taken by the US regulator under Chair Michael Selig will allow the company to engage in certain activities without registering as a broker. The US Commodity Futures Trading Commission (CFTC) said Tuesday that its Market Participants Division issued a no-action letter in response to a request from crypto wallet provider Phantom Technologies. A CFTC notice said that the no-action letter would, under certain circumstances, stop the division from recommending that the regulator take an enforcement action against Phantom or its staff for failure to register as a broker. According to Phantom, the no-action position will allow the company to “act as a non-custodial interface connecting users to a registered exchange [...] without taking on the regulatory obligations of an introducing broker.” Read more