The x402 protocol is a payments enabler for internet-based transacting, developed by cryptocurrency exchange Coinbase and now stewarded by its eponymous foundation. The goal is to enable payments between AI agents, machines and users through the standard internet language Hypertext Transfer Protocol (HTTP), without requiring subscriptions or manual entry of credit card details and the like.
โYou don't want to be in a walled garden when you're dealing with money,โ Dixon said.
โIt may seem nerdy to care about standards so much, but we have the opportunity to create this truly open public global financial system that everyone can have access to,โ Dixon added.
โBlockchain has already solved the issue of the underlying payment infrastructure of the web, but now it's actually really working because of this agentic piece. Itโs being used, perhaps not at scale yet. But it will,โ Dixon added.
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โWell, I think that it's hard to even imagine what the world's going to look like in 20 years, but in order for us to continue to be the center of the global economy and to continue to provide the American dream that people have enjoyed for 250 years, we've got to get this right.
And that's the importance of passing the CLARITY Act. And we gotta then build on it. And there's other pieces of legislation that will continue to give the rules of the road to the free market to continue to innovate.โ
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Bank of America has appointed new leaders to spearhead the firm's digital assets and AI strategies, following a trend of traditional financial institutions building specialized teams around the technologies.
Theisen will "oversee design, development, scaling and governance of the bankโs digital-assets platform" on top of her current role leading electronic trading and strategic investments across the bankโs fixed income, currencies and commodities division.
Milsom, meanwhile, is tasked with implementing AI across the bank's global markets platforms.
This follows similar efforts seen across many other Wall Street-native banks and institutions.
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Elon Musk's brain-chip company has seven people in its UK study, called GB-PRIME, run with University College London Hospitals and Newcastle Hospitals. The patients all live with severe paralysis, from spinal cord injuries or motor neurone disease, that makes using a phone or computer by hand impossible.
The implant reads brain signals through more than 1,000 electrodes on threads finer than a human hair, placed by a surgical robot. It lets a person move a cursor and type using only their thoughts. The first UK patient controlled a computer within hours of surgery last year. The study is now expanding.
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๐ฑ ZTE Corp. showcased for the first time a lineup of co-designed smartphones with built-in AI services
The state-backed wireless firm demo-ed the NaviX Ultra, which it called the worldโs first agentic AI smartphone, at Chinaโs premier tech summit this week in Shanghai. It comes in four colors โ black, pink, white and blue โ and pulls up ByteDance Ltd.โs popular AI agent Doubao with a voice command or the press of a button.
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The state-backed wireless firm demo-ed the NaviX Ultra, which it called the worldโs first agentic AI smartphone, at Chinaโs premier tech summit this week in Shanghai. It comes in four colors โ black, pink, white and blue โ and pulls up ByteDance Ltd.โs popular AI agent Doubao with a voice command or the press of a button.
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Tesla announced the market entry, with an event page now live. The company registered its local company, Tesla Latvia SIA, last November, and already runs Superchargers in Riga and Rezekne. It completes Tesla's expansion across all three Baltic countries: Lithuania launched in 2024, and Estonia and Latvia followed.
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Los Alamos National Laboratory has taken another step toward its next generation of supercomputing after receiving the first NVIDIA Vera CPU server for an early test deployment, giving researchers their first opportunity to evaluate hardware that will eventually power the Mission and Vision systems.
The delivery marks the beginning of a broader testing phase before the two flagship supercomputers enter service later this decade. Engineers at Los Alamos will use the test platform to validate software, optimize scientific codes, and measure performance on real laboratory workloads before full-scale deployment.
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US firm Cypress Creek Energy and Google have launched construction on the Steel River Energy Center in Mississippi County, Arkansas. Once fully completed by 2029, the three-phase project will be the nationโs largest solar and battery storage project to date. It is expected to deliver 2.5 GWdc of solar energy and 2.9 GWh of battery storage (enough to power over 315,000 Arkansas homes annually).
โThis collaboration with Cypress Creek Energy will strengthen the grid and help ensure more reliable, affordable, and clean energy is available for businesses and communities throughout the state,โ said Will Conkling, Head of Data Center Energy, Google.
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BitGo Bank & Trust, National Association, an OCC-regulated digital asset trust bank and subsidiary of BitGo Holdings, Inc., announced that it will provide institutional-grade qualified custody and off-exchange settlement services for USDM1, the world's first natively issued onchain secured sovereign bond.
"USDM1 is a different kind of asset - sovereign collateral with Treasury backing, built to fit how institutions already operate," said Mike Belshe, CEO and Co-founder of BitGo. "Making it available for custody at BitGo means institutions will be able to access USDM1 within the same custody and settlement infrastructure they already rely on."
The Republic of the Marshall Islands has deployed USDM1 in the world's first nationwide Universal Basic Income program, which distributes funds quarterly across more than 1,200 islands for the next 20 years. Additionally, USDM1 is in active use with financial institutions as a treasury instrument.
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RedStone rolls out SEP-40 price feeds on Stellar for four of Centrifuge's flagship tokenized assets: JTRSY, JAAA, deJTRSY and deJAAA. Stellar apps get a standardized way to access pricing data for these assets, opening the door to new DeFi integrations onchain.
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Most weeks, the crypto market follows the same pattern: prices move, headlines repeat, and debates continue.
But every once in a while, several announcements land close together, and they stop looking like separate news items. When major organizations keep choosing the same infrastructure, it's worth asking why.
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Something Bigger Is Forming Around Stellar
One headline is easy to ignore.
Two can be coincidence.
After a while, the same technologies begin appearing in too many places to dismiss.
A payment company expands settlement options. A blockchain network attracts more institutional attention. Tokenizedโฆ
Two can be coincidence.
After a while, the same technologies begin appearing in too many places to dismiss.
A payment company expands settlement options. A blockchain network attracts more institutional attention. Tokenizedโฆ
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Andy Burnham will ditch plans for a government-issued digital ID for all British adults in a โreset of prioritiesโ when he becomes prime minister on Monday.
Resources from the programme will instead be redirected toward โwhere itโs most needed, such as helping with the cost of living,โ โ a spokesperson for the Labour leader said.
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