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GSR commits $100M to new onchain credit business
The crypto trading and market-making firm is launching a business called Hare, which will create and manage onchain vaults. GSR's multi-year commitment will mostly take the form of a credit facility, with its capital serving as anchor liquidity for products like Hare USD Earn (for stablecoins) and Hare Gold Earn (for tokenized gold).
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U.S. Democratic senators have sent a letter to Treasury Secretary Scott Bessent and other senior officials, demanding disclosure of the AI regulatory framework revision process and questioning the influence of tech giant lobbying on policy.
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AI startup Hark launches personal AI assistant Hark Pro, emphasizing privacy protection.
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Anduril plans to invest $3.7bn in a new shipyard to manufacture parts for US Navy's top submarines, as Trump seeks to reduce dependence on prime contractors.
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Agora receives OCC approval, plans to move AUSD stablecoin issuance to a US trust bank
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Coinbase launches stock options trading for US customers, offering zero commission for the first month
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OKX has secured new investments from Ripple, Circle, Standard Chartered, and others, reaching a valuation of $25 billion, and has formed a joint venture with ICE to launch tokenized stock trading.
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OKX secures strategic investment from Ripple, Circle, and others, launches stablecoin app
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Brevan Howard to Use Ripple Prime for Multi-Asset Brokerage, Clearing, and Financing Services
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Vessel attacks in the Strait of Hormuz surged, yet Gulf oil exports still increased significantly, recovering to over 81% of pre-war levels in September.
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US Republican Senator Moreno Sends Letter to Anthropic CEO, Warning Against "Alarmist" Stance on AI
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