Search results for "TONY"
2026-02-12
02:11

Elon Musk reorganizes xAI into SpaceX, and the Grok controversy combined with the departure of the founding team sparks a major upheaval in the AI landscape?

Elon Musk announced on X that his artificial intelligence company xAI has initiated a restructuring and "needs to part ways with some employees," aiming to improve operational efficiency. He did not disclose the scale of layoffs nor specify whether they were voluntary or involuntary, but emphasized that the company is still hiring, indicating that xAI will continue to advance its core products and computing power layout. This adjustment comes amid ongoing turmoil within the founding team of xAI. Co-founders Jimmy Ba and Tony Wu confirmed their departure this week, following the exit of several other core members including Igor Babuschkin, Kyle Kosic, Christian Szegedy, and Greg Yang. The team changes are happening in tandem with a strategic shift.
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14:22

Former Brazilian central bank official launches stablecoin BRD backed by Brazilian government bonds

BlockBeats News, January 7th, former director of the Central Bank of Brazil, Tony Volpon, announced the launch of the Brazil Sovereign Bond-backed stablecoin BRD, offering an interest rate of approximately 15%, the same as the Brazilian Real. The issuance of the stablecoin BRD aims to boost demand for Brazilian sovereign bonds and reduce the borrowing costs for the Brazilian government.
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14:21

Former Brazilian Central Bank official launches stablecoin BRD linked to the actual exchange rate with profit sharing

PANews January 7 News, according to CoinDesk, former director of the Central Bank of Brazil Tony Volpon has launched a yield-sharing stablecoin linked to the Brazilian currency and backed by Brazilian government debt — BRD. Volpon stated on CNN Brazil's "Cripto na Real" program that the token will be supported by national bonds, tying its value to sovereign debt, with the aim of allowing holders to enjoy the returns brought by local interest rates. The benchmark interest rate of the Central Bank of Brazil is 15%, while the Federal Reserve's target rate is 3.5% to 3.75%. Volpon said that this move aims to make it easier for foreign investors to access Brazil's high-yield environment. Although Brazil's interest rates have long attracted international attention, channels to obtain these yields are often limited due to regulatory restrictions, currency frictions, and domestic infrastructure factors; BRD could increase access to
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13:51

ALT5 Sigma CEO: The company holds approximately 7.3 billion WLFI tokens, worth nearly $1 billion

Odaily Planet Daily reports that ALT5 Sigma Corporation (ALT5) CEO Tony Isaac stated in a letter to shareholders that the company has built a payment infrastructure that is undervalued by the market, which has processed over $5 billion in digital asset transactions, serving enterprise and institutional clients across multiple jurisdictions. The ALT5 Pay and ALT5 Prime platforms are real-time systems that handle daily settlements from cryptocurrencies to fiat, card issuance, and institutional trading. Isaac
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05:18

AirAsia founder collaborates with Standard Chartered Bank to explore issuing a stablecoin backed by Malaysian Ringgit

PANews December 12 News, according to Bloomberg, Asia Airlines (AirAsia) operator has signed an agreement with Standard Chartered Bank Malaysia to explore the issuance of a stablecoin backed by the Malaysian Ringgit (Malaysian currency) in the Southeast Asian country. A few days earlier, a Malaysian royal announced the launch of a similar token. According to a statement released on Friday, Capital A, founded by Asia Airlines' Tony Fernandes, has signed a letter of intent with Standard Chartered Bank Malaysia Berhad. The two parties will jointly develop and test the stablecoin through the Digital Asset Innovation Hub regulated by Bank Negara Malaysia. The statement noted that Standard Chartered Bank Malaysia will act as the issuer of the stablecoin, while Capital A may pioneer wholesale use case pilots in real-world scenarios. This marks Capital A's first foray into the regulated digital asset space.
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12:29

The African Continental Free Trade Area Secretariat is collaborating with the IOTA Foundation and others to optimize goods transportation using stablecoins.

PANews, November 17 - According to CoinDesk, the Secretariat of the African Continental Free Trade Area (AfCFTA) has jointly launched a digital trade initiative with the IOTA Foundation, placing stablecoin-based settlement at the core of reshaping the cross-border flow of goods in Africa. An announcement released on Monday indicated that the "Africa Digital Trade Access and Public Infrastructure Program" (ADAPT), established in collaboration with the Tony Blair Institute and the World Economic Forum (WEF), will build a shared, Open Source digital public infrastructure for the 55 member countries of Africa. The initiative aims to achieve instant cross-border payments, verifiable digital trade documents, and interoperable digital identity verification. Although the initiative is positioned as a modernization upgrade of trade processes, stakeholders have indicated that stablecoins (especially USDT) are expected to be the key drivers for its widespread adoption.
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12:03

ZachXBT: Investigating the suspected hidden actual controller "Tony" of MEXC and publicly soliciting clues.

PANews reported on October 31 that on-chain detective ZachXBT released a message on his personal channel, stating that he is investigating the suspected hidden actual controller "Tony" of the MEXC exchange. ZachXBT pointed out that this individual's identification seems to be deliberately concealed and is publicly soliciting clues, inviting anyone with information to contact him via direct message (DM).
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