Author: GT

The first quarter of 2025 tells a clear story about DeFi’s evolution. While yields across major lending platforms have compressed significantly, innovation at the market’s edges demonstrates DeFi’s continued maturation and growth. DeFi yields have declined sharply across all major lending platforms: The vaults.fyi USD benchmark has fallen below 3.1%, below the U.S. 1-month T-bill yield of ~4.3% for the first time since late 2023. This benchmark, a weighted average across four leading markets, approached 14% in late 2024. Spark has implemented four consecutive rate decreases in 2025 alone. Starting the year at 12.5%, rates were cut to 8.75%, then…

Seattle-based Temporal has made its name over the last several years in the world of microservices — specifically providing a platform to orchestrate the messy business of building and operating integrations and updates across disparate services and apps in the cloud. But the AI boom has come at the company fast. Now, Temporal has raised a growth round of $146 million to build what it believes the next chapter will be in its space: AI, and specifically building microservices to support newer areas like agentic AI. A chunk of the investment will be going into R&D. At the end of…

Bitcoin’s correction may just be getting started. In fact, the crypto sector as a whole could be facing a severe downtrend reminiscent of 2022. “I could see us going back to a five handle by the end of the year,” Quinn Thompson, founder of crypto hedge fund Lekker Capital, told CoinDesk in an interview. A “five handle,” i.e. a price between $50,000 and $59,999, would be down substantially from the already shaky current $83,000 level and roughly a 50% decline from bitcoin’s peak just above $109,000 just more than two months ago. “I don’t think it happens quickly, which is…

Amazon has restarted drone deliveries in two states after a months-long pause, the company confirmed.In January, Amazon halted Prime Air deliveries in College Station, Texas, and Tolleson, Arizona, the two U.S. markets where it’s testing the service, as the company rolled out a software update to its drone fleet.Amazon discovered an abnormality with the drone’s altitude sensor, caused by dust in the air, that could have caused its system to produce an inaccurate reading of its position relative to the ground, the company said. Amazon “never experienced an actual safety issue,” but said it opted to suspend deliveries while it…

Manus AI, the viral AI agent platform out of China, on Monday morning launched two subscription plans starting at $39 per month. Manus, which is still in beta, is an AI-powered agentic tool that can be used to complete tasks ranging from creating a web page for a wedding invitation to crafting a scoring sheet for a baseball game. In our tests, however, we found that the platform falls short of some of its loftier marketing promises. The cheaper of Manus’ new premium plans is $39 per month and comes with 3,900 credits and the ability to run two tasks…

(Bloomberg) — Shares of Coinbase Global Inc. and other firms linked to cryptocurrencies were hammered this quarter as growing concerns about the US economy weighed on digital assets. Most Read from Bloomberg Coinbase fell 31% in the worst quarterly performance since FTX collapsed near the end of 2022. Nearly every major crypto-linked stock plunged alongside it, from conglomerate Galaxy Digital Holdings Ltd. to miners such as Riot Platforms Inc. and Core Scientific Inc. Things haven’t been much better in crypto markets, with Bitcoin tumbling more than 10% and Ether losing 45% of its value. NasdaqGS – Delayed Quote • USD…

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Elon Musk just poured cold water on the idea that the U.S. government might use Dogecoin. At a town hall in Wisconsin on Sunday, the tech billionaire said there are “no plans for the government to use Dogecoin for anything as far as I know,” ending speculation that the Trump administration’s Department of Government Efficiency (DOGE) might adopt the meme coin. That didn’t stop fans from hoping. In February, the DOGE agency’s website briefly showed Dogecoin’s famous Shiba Inu mascot, leading many to wonder if Musk’s crypto favorite was going mainstream. The confusion wasn’t entirely misplaced — the Department of Government…

Media software maker and streaming app Plex on Monday released an updated version of its mobile app. The redesign features a new user experience, reorganized navigation that includes giving its Watchlist a dedicated spot, and other changes that aim to make it easier to access power-user features for Plex customers who use the company’s personal media management software, not just its streaming service. The company says the mobile app will soon be followed by an update for its app for TV platforms. Plex is perhaps best known for its software that lets home media pros organize their collections of movies,…

Dow, a major producer of chemicals and plastics, wants to use next-generation nuclear reactors for clean power and steam at a Texas manufacturing complex instead of natural gas.Dow’s subsidiary, Long Mott Energy, applied Monday to the U.S. Nuclear Regulatory Commission for a construction permit. It said the project with X-energy, an advanced nuclear reactor and fuel company, would nearly eliminate the emissions associated with power and steam generation at its plant in Seadrift, Texas, avoiding roughly 500,000 metric tons of planet-warming greenhouse gas emissions annually.If built and operated as planned, it would be the first U.S. commercial advanced nuclear power…