News linked to both this project and an event.
According to CoinDesk, the U.S. Department of Commerce is allocating up to $100 million each to three quantum computing companies—Rigetti, D-Wave, and Quantinuum—through the CHIPS Act, totaling up to $300 million. The funding will support the expansion of hardware, manufacturing, and error-correction systems, alongside the simultaneous acquisition of minority stakes in all three firms. Meanwhile, Bitcoin and Ethereum developers are accelerating post-quantum cryptography upgrade initiatives. The Ethereum Foundation has set December 2029 as the deadline for foundational-layer quantum-resistant upgrades encompassing the execution, consensus, and data layers. While Bitcoin has no unified timeline, two proposals—BIP-360 (post-quantum output types) and BIP-361 (phasing out ECDSA and Schnorr signatures)—are advancing rapidly, with researchers likewise identifying 2029 as the critical window to complete a trusted migration path.
Odaily News According to the latest report released by wealth intelligence firm Altrata, the number of billionaires worldwide surged to a record high in 2025, reaching 3,795—an increase of 8.2%, the strongest growth in five years. Rising stock markets, monetary stimulus policies, and the artificial intelligence (AI) investment boom have driven rapid wealth accumulation among the ultra-rich.The total wealth of billionaires grew by 12.8% in 2025, hitting a record $15.1 trillion—equivalent to nearly a quarter of the total market capitalization of the S&P 500. This marks the third consecutive year of accelerated wealth growth among billionaires, with the average billionaire now holding $4 billion in assets. In reality, however, the median net worth of billionaires stands at nearly $2 billion, reflecting the highly concentrated distribution of wealth among a small group of "super-billionaires."By region, North America saw the fastest growth in billionaire population at 11.6%, outpacing all other regions and reaching 1,337 individuals (35% of the global total). Europe recorded its second consecutive year of growth, with the number of billionaires rising nearly 8% to 1,081 (28% of the global total). Asia ranked as the third-largest region for billionaires, with an increase of 6.5% to 881 individuals.The report noted that since 2023, the AI investment boom has been one of the most significant drivers of global billionaire wealth creation, with its impact becoming even more pronounced in 2025 and the first half of 2026. Investor enthusiasm for generative AI, large language models, cloud computing, and AI software has attracted unprecedented capital, driving substantial market value revaluations across many tech companies. Since billionaire wealth is typically concentrated in corporate equity, founders and major shareholders of the world's leading tech companies have emerged as the biggest beneficiaries of the AI-driven tech stock rally, which has directly translated into significant growth in personal net worth. (The Paper)
Facing the multiple shocks of the Iran situation, the AI infrastructure boom, and extreme weather, global central bank governors have reconvened at Jackson Hole. With Fed Chair Warsh's communication style intertwined with bond market volatility, the market is eagerly seeking clear signals on inflation management.Looking back at last year, then-Fed Chair Powell signaled rate cuts at this forum, while European officials also discussed further easing. However, a year later, the global economic landscape has been dramatically reshaped by the Iran conflict, the wave of artificial intelligence investment, and supply disruptions caused by extreme weather. Facing upward price pressures, some central banks have already taken the lead in raising rates, and more policymakers are preparing to follow suit.The focus of this year's symposium is undoubtedly Kevin Warsh, the new Chair of the Federal Reserve. Since taking office, Warsh has departed from the Fed's long-standing communication tradition, abandoning explicit "forward guidance" and arguing that investors should rely more on market signals to gauge policy direction. (studylib)
Odaily News In a recent interview on Cointelegraph's program Chain Reaction, Lucas Sum, Head of Stock Market Development at Gate, stated that crypto and stocks are quietly converging and increasingly becoming part of the same macro trade. He pointed out that the correlation between the crypto market and the Nasdaq index is currently higher than the five-year average, with the correlation coefficient once exceeding 0.8. Market sentiment is generally cautious at present, with more funds staying in low-risk assets such as stablecoins, as investors await clearer catalysts.Lucas Sum believes that the core narrative of the next market cycle may no longer be "crypto vs. Wall Street," but rather traditional financial assets accelerating their entry into the digital financial system through on-chain infrastructure. The scale of RWA has grown from approximately $12 billion a year ago to over $30 billion, while the scale of tokenized U.S. Treasury bonds has also reached approximately $15 billion, indicating that on-chain financial infrastructure continues to expand. Meanwhile, macro liquidity, real yields, and regulatory clarity remain key factors influencing the performance of risk assets. Against this backdrop, investors' focus is shifting from single-asset allocation to coordinated allocation across multiple asset classes. Lucas Sum noted that Gate is continuously expanding its stock business, currently covering U.S., Hong Kong, and Korean stock markets, with plans to extend further into more global markets to provide the necessary infrastructure for multi-asset investment.
Odaily News: In an interview with CNBC's "Squawk Box," former White House Senior Advisor for Artificial Intelligence Policy, Sriram Krishnan, stated that a wave of cybersecurity startups leveraging AI to fight AI will emerge in the future.As AI model capabilities rapidly advance, especially with the increasing risk of "rogue AI models" capable of autonomous operation, the cybersecurity landscape will require new defense systems, including using AI technology to identify, monitor, and block AI-driven attacks in real time.Sriram Krishnan believes that the future of cybersecurity competition will evolve into an "AI offensive-defensive battle." Attackers may use AI to automatically discover vulnerabilities and launch attacks, while defenders must also rely on AI to enhance threat detection and response capabilities. This will create opportunities for a new generation of cybersecurity startups.During the interview, Krishnan also discussed topics such as the competitive landscape of the AI industry, Nvidia's $500 billion financing plan, and the global AI arms race. He pointed out that as investment in AI infrastructure continues to expand, computing power, model security, and network protection will become key components of the AI ecosystem.
Michael Saylor posted on platform X, stating that last night's CLARITY Act hearing will unleash the next wave of digital capital, digital credit, and digital equity in the US and globally, providing institutional validation for BTC, establishing a framework for the STRC-driven digital yield market, and promoting broader adoption of MSTR.