AI for crypto platform raises $15 million
Surf, an AI model purpose-built for crypto research, has raised $15 million led by Pantera Capital with Coinbase Ventures and DCG joining in – a fresh vote of confidence for specialized AI instead of the LLMs that try to do everything. The team says Surf outperforms general models like ChatGPT and Grok by up to 4x on “crypto tasks” in Princeton-run tests, and is already used by hundreds of thousands of users, most of whom don’t work in crypto. And heads up: It’s pitched as a research copilot (not a “what coin should I buy today!?” bot). Read more →
Coinbase Ready to Launch Prediction Markets, Tokenized Stocks
According to Bloomberg, Coinbase (COIN) plans to announce at their upcoming System Update Event on Dec 17 the launch of prediction markets and tokenized equities, two of the hottest products on the intersection of TradFi and crypto right now. Will adding gambling to an investment app like Robinhood boost the share price? Yea, probably. Will it be good for humanity? TBD. Read more →
Interactive Brokers to launch stablecoin deposits
The company will allow retail investors to fund individual brokerage accounts directly from cryptocurrency wallets, rather than linking a bank account. While a detailed announcement hasn’t yet been made, the company earlier this year was considering launching its own stablecoin. Interactive Brokers (IBKR) has always been competitive in the retail investing sector, offering crypto trading alongside traditional stocks, options, and futures. Read more →
Do Kwon gets 15 years for Terra Luna blow up Link»
Multicoin Capital releases videos from their summit Link»
J.P. Morgan completed a $50M bond for Galaxy Digital on Solana Link»
🎥 RUIN: Money, Ego and Deception at FTX Link»
Tether mulls tokenizing its stock after seeking up to $20 billion in share sales at $500 billion valuation Link»
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