An area of blockchain-based finance focused on increasing fans' engagement with sports teams, SportFi uses tokens to grant access to privileges such as limited voting rights and exclusive rewards.
The project's creator nearly deleted the viral AI agent after crypto scammers hijacked his accounts, launched a fake token that hit $16 million, and harassed him for weeks.
The system would use zero-knowledge proofs and secure environments (MPC/TEEs) to protect voter identity and sensitive data while preventing coercion and bribery.
U.S. President Donald Trump announced a 15% worldwide tariff on imported goods, despite an earlier Supreme Court decision that invalidated earlier trade actions.
Private-equity firm Blue Owl Capital (OWL) tumbled nearly 15% this week as it was forced to liquidate $1.4 billion in assets to pay investors looking to exit one of its private credit funds.
The securities regulator has continued its Project Crypto work to make unofficial policy changes as it moved to let broker-dealers treat stablecoins as capital.
The more significant result from the U.S. Supreme Court's rejection of President Donald Trump's trade tariffs may be political, which could sting the industry.