Relay Daily

Today at a glance:


📈 Business & Finance

The introduction of stablecoin salary payouts positions Deel at the forefront of payroll innovation, catering to the needs of a global workforce.Finextra• 2 min

Deel has launched stablecoin salary payouts, allowing greater payment flexibility for remote workers and aiming to simplify cross-border transactions. The company has also appointed a head of crypto to spearhead this initiative. Read more here

The new framework aims to provide clarity for investors and platforms looking to engage in tokenized stock trading, which can potentially enhance market liquidity.Bloomberg• 5 min

The SEC is set to introduce a regulatory framework for trading tokenized stocks on cryptocurrency platforms, signaling a significant shift in the integration of traditional finance with blockchain technology.

The funding round signifies strong confidence from investors in Mercury's business model, which focuses on providing tailored banking services to startups.CNBC• 2 min

Mercury, a banking platform tailored for startups, has reached a valuation of $5.2 billion after a recent funding round, marking a 49% increase in just 14 months. This surge highlights the increasing investment in fintech solutions aimed at supporting emerging businesses.


💻 Technology

The technology aims to create a safe environment for developing embryos, which could significantly enhance species conservation efforts, especially for endangered mammals.Decrypt• 4 min

Colossal's CEO announced that artificial womb technology is nearing a breakthrough, potentially transforming mammalian reproduction. This innovation could pave the way for new applications in biotechnology and conservation efforts.

The iPhone Ultra is anticipated to showcase a breakthrough display technology, potentially enhancing visual clarity and color accuracy.9To5Mac• 2 min

Recent leaks reveal exciting details about Apple's upcoming iPhone Ultra, hinting at innovative features and its expected release timing. For a deeper dive into these insights, check out the full article here.


🤖 Artificial Intelligence

The breach involved a malicious extension that compromised user accounts, emphasizing the need for vigilance in software choices.• 1 min

GitHub has confirmed a security breach impacting 3,800 repositories due to a malicious VSCode extension, highlighting critical vulnerabilities in software security. For more details, see the full report from BleepingComputer.

The conjecture in question had puzzled mathematicians for decades, demonstrating AI's ability to tackle problems that human researchers have struggled with.Openai• 14 min

AI has made a significant leap by successfully resolving a long-standing problem in geometry, highlighting its potential in tackling complex mathematical challenges. This breakthrough showcases how AI can contribute to advanced research and problem-solving in various fields.

The new chip is designed to reduce reliance on foreign technology, responding to increasing demand for local solutions in the AI space.Ca• 3 min

Alibaba has launched a groundbreaking new AI chip aimed at strengthening domestic alternatives in the AI hardware market, which could reshape the AI infrastructure landscape. This move comes as part of Alibaba's strategy to enhance its competitive edge in the rapidly evolving tech sector. Read more here

This nearly $45 billion investment underscores the increasing demand for robust AI computing power in a competitive landscape.Bloomberg• 2 min

Anthropic has secured a groundbreaking deal with SpaceX, committing nearly $45 billion for essential computing resources, showcasing the growing financial clout and strategic alliances in the AI sector. Read the full article here.


💎 Crypto

The roadmap outlines strategies for promoting blockchain technology within Japan's financial sector, signaling a move towards digital innovation.Decrypt• 5 min

Japan's ruling party has introduced a five-year roadmap aimed at enhancing on-chain finance to bolster the stability of the yen and integrate blockchain technology into its financial systems.

Buterin's proposal includes incorporating privacy features directly into the Ethereum protocol, which could significantly enhance user confidentiality.Threadreaderapp• 2 min

Vitalik Buterin, co-founder of Ethereum, has laid out immediate steps aimed at improving privacy on the Ethereum blockchain, addressing user concerns in the crypto realm. For a deeper dive, check out the full details here.

Tokenized equities allow traditional assets to be represented on blockchain, offering enhanced liquidity and access for investors.Theblock• 2 min

The daily trading volume of tokenized equities has soared to an all-time high of $3.57 billion, reflecting a surge in interest and engagement in this innovative financial arena. For more details, check out the full story here: The Block.