SBI Trade VC, a crypto exchange founded by Japanese financial giant SBI Group has spread the word about launching a new round of crypto lending today. The platform thus allows users not only to borrow crypto from it but also to lend it to others through staking.
According to the tweet, SBI Trade VC now allows users to stake seven coins, including Bitcoin, XRP, DOGE and XLM. Since December, SBI Trade VC has already announced several such lending rounds. Lenders will be entitled to receive “rental fees” regularly, depending on the asset they lend.
SBI Trade VC has launched the lending service despite the current bloodbath on the global cryptocurrency market, allowing those who hold on to their cryptos to make some additional passive income through DeFi.
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U.S. Secretary of Energy Chris Wright pushed for expanded U.S. investments in Venezuela as part of the visit focused on energy policy, while warning about the legitimacy of Chinese businesses in the OPEC country. Wright said the U.S. is prepared to help boost oil, gas and power output in the country, following talks with interim President and Oil Minister Delcy Rodriguez at the Miraflores presidential palace in Caracas.
"This year, we can drive a dramatic increase in Venezuelan oil production, in Venezuelan natural gas production and Venezuelan electricity production," Wright said during a televised briefing after the meeting. Venezuela is currently producing about 1 million barrels per day of crude.
The boost would lead to more job opportunities, higher wages and quality of life for Venezuelans, while providing benefits for the U.S. and the Western Hemisphere, Wright said, adding that the U.S. wants to "set the Venezuelan people and the economy free."
Wright told reporters at a roundtable after meeting Rodriguez that legitimate deals by legitimate Chinese companies are fine in Venezuela, but U.S. President Donald Trump’s administration is trying to avoid "damaging" deals that Chinese enterprises have done in other countries in the region. China has already bought some of the crude offered by the U.S., he said.
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US President Donald Trump said no concrete decisions were reached during talks with Israeli Prime Minister Benjamin Netanyahu, but stressed that negotiations with Iran will continue amid regional tensions and cautious progress on Gaza.
Speaking after the meeting, Trump underlined that he personally pushed for diplomatic engagement with Iran to continue, signaling that a negotiated outcome remains his preferred option.
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Waymo said it has begun using its sixth-generation driverless system to provide robotaxi rides to employees on Ojai vehicles, which use a base model made by Chinese automaker Geely. By upgrading their driverless tech, and adding more vehicles to its fleet, Waymo aims to extend its U.S. lead and lock in loyal riders. The Alphabet - owned company said its sixth-generation Waymo Driver uses more cost-effective parts, and should be able to navigate through harsher weather conditions than previous generations.
Waymo is offering service on its Ojai vehicles to employees and their guests in the San Francisco Bay Area and Los Angeles first, before gradually expanding to new cities, with a goal to open to public riders later this year.
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White House border czar Tom Homan said Trump had approved his request to conclude the operation, adding he would stay in Minnesota "a little longer to oversee the drawdown, to ensure its success".
“As a result of our efforts here Minnesota is now less of a sanctuary state for criminals,” Homan said at a news conference. “I have proposed and President Trump has concurred, that this surge operation conclude.”
Homan said Operation Metro Surge had resulted in many illegal immigrants who had committed violent crimes being detained for deportation. More than 4,000 undocumented immigrants had been arrested. Homan said that ICE has always had a presence in Minnesota and will continue to have one.
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Top crypto researcher SMQKE notes that only Ripple (XRP) and Stellar (XLM) are effectively offering DLT to correspondent banking infrastructures, positioning them to transform the more than $100 trillion cross-border payments industry.
Cross-border payments, long slowed by multiple intermediaries, high fees, and delayed settlements, are being transformed by Ripple and Stellar. According to SMQKE, their DLT-powered solutions, XRP and XLM, serve as efficient bridges, cutting costs, accelerating transfers, and enhancing transparency in international transactions.
Ripple’s global network of bank and financial institution partnerships leverages the XRP Ledger to deliver near-instant settlements and liquidity solutions, bypassing traditional correspondent banking delays. By integrating XRP into cross-border payments, Ripple reduces pre-funded accounts and boosts efficiency, transforming a market worth over $100 trillion.
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Speaking at the European Industry Summit in Belgium, Macron said Europe must pursue balanced and mutually beneficial trade partnerships, but stressed that trade policy must now serve as a strategic instrument to reduce reliance on China, particularly in critical raw materials and strategic inputs. Despite dozens of trade and mineral agreements, Macron warned that Europe remains “dangerously exposed,” calling for a shift from paper agreements to concrete projects.
"Over the past 20 years, China has grown by around 8% a year, the U.S. by 2%, and the EU on average only by 1%. We must close this gap," - said Germany's Merz.
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SoftBank said it made a $4.2 billion gain on the value of its OpenAI investment in its fiscal third quarter, offsetting losses stemming from the share price declines of Coupang and Chinese ride-hailing app Didi. SoftBank’s AI push has involved a more than $30 billion investment in ChatGPT developer OpenAI as one of its core companies. SoftBank owns approximately 11% of OpenAI.
In 2024, SoftBank founder Masayoshi Son said the world was a decade away from artificial superintelligence - or ASI - which he described as technology 10,000 times more intelligent than humans. Yoshimitsu Goto, chief finanical officer at SoftBank Group, said 60% of the company’s assets are now “ASI-oriented investments.”
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US President Donald Trump threatened Iran Thursday with “very traumatic” consequences if it fails to make a nuclear deal. Speaking a day after he hosted Netanyahu at the White House, Trump said he hoped for a result “over the next month” from Washington’s negotiations with Tehran over its nuclear program.
“We have to make a deal, otherwise it’s going to be very traumatic, very traumatic. I don’t want that to happen, but we have to make a deal,” Trump told reporters.
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Elon Musk has been named the top innovator on Forbes’ annual 'Forbes 250' list, with the magazine citing his role in building or scaling five multibillion-dollar companies across different industries, a feat it described as historically unmatched. The ranking places Musk ahead of Amazon founder Jeff Bezos, Microsoft co-founder Bill Gates and Nvidia CEO Jensen Huang in a list that spans technology, media, venture capital and manufacturing.
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Trump administration officials signed a final reciprocal trade agreement that confirmed a 15% U.S. tariff rate for imports from Taiwan, while committing Taiwan to a schedule for eliminating or lowering tariffs on nearly all U.S. goods.
The document also commits Taiwan to significantly boost purchases of U.S. goods from 2025 through 2029, including $44.4 billion of liquefied natural gas and crude oil, $15.2 billion of civil aircraft and engines, $25.2 billion of power grid equipment and generators, marine and steelmaking equipment. It will optimize the Taiwan-U.S. economic and trade framework, build trustworthy industrial supply chains and establish a Taiwan–U.S. high-tech strategic partnership.
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Has AI coding reached a tipping point? Spotify co-CEO Gustav Söderström shared this week during its fourth-quarter earnings call that the best developers at the company “have not written a single line of code since December.” At Spotify, engineers are using an internal system called “Honk” to speed up coding and product velocity, the company told analysts on the call. This system allows for things like remote, real-time code deployment using generative AI, and specifically Claude Code.
Spotify pointed out it shipped more than 50 new features and changes to its streaming app throughout 2025. And, most recently, it has rolled out more features, like AI-powered Prompted Playlists, Page Match for audiobooks, and About This Song, which all launched within the past few weeks.
“As a concrete example, an engineer at Spotify on their morning commute from Slack on their cell phone can tell Claude to fix a bug or add a new feature to the iOS app,” Söderström said. “And once Claude finishes that work, the engineer then gets a new version of the app, pushed to them on Slack on their phone, so that he can then merge it to production, all before they even arrive at the office.”
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President Donald J. Trump welcomed lawmakers, industry leaders, and hardworking miners from across the country to the White House “Champion of Coal” event. There, he signed an Executive Order directing the Department of War to purchase coal power, celebrated the Tennessee Valley Authority’s recommitment to coal, and was honored by coal miners as the “Undisputed Champion of Beautiful, Clean Coal” for his tireless leadership in ending the Radical Left’s war on the industry.
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Russia is expected to supply Cuba with oil and fuel cargoes as part of a "humanitarian" effort. The communist-run island has warned international airlines that jet fuel will no longer be available.
Several foreign airlines have dropped routes in response, while governments, including Russia's, have called on their citizens to avoid travelling to the island until the issue is resolved. Rossiya Airlines and Nordwind Airlines will adjust their flight schedules to Cuba to ensure the evacuation of Russian tourists (around 5,000 according to Russia's Association of Tour Operators) currently in the island.
The U.S. is considering sending limited amounts of fuel to Cuba - gas for cooking and diesel fuel for running the water supply infrastructure. The initiative is being discussed.
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An international research collaboration co-led by UCLA has developed a nickel-iron battery prototype that recharges in seconds and maintains its performance for over 12,000 cycles. This endurance is equivalent to more than 30 years of daily recharges.
“The technology’s fast charging, high output and robust endurance suggest a good fit for storing excess electricity generated at solar farms during the daytime, to power the grid at night. It may also be useful for backup power at data centers,” explained the researchers.
The technology uses nickel and iron clusters smaller than 5 nanometers, meaning 10,000 to 20,000 clusters could fit within the width of a human hair. By using these dimensions, the researchers increased the electrode surface area. This efficiency enables the battery to reach a full charge in seconds rather than the seven hours required by historical versions of the technology.
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The U.S. is sending the world’s largest aircraft carrier to the Middle East, joining the USS Abraham Lincoln and its strike group already positioned in the U.S. Central Command (Centcom) area, as tensions between Washington and Tehran ratchet up.
The aircraft carrier U.S.S. Gerald R. Ford and its escort ships, which are currently in the Caribbean, are being sent to the Middle East as the Trump administration beefs up its military presence near Iran, President Trump confirmed Friday. The president told reporters he dispatched the warship “in case we don’t make a deal, we’ll need it.”
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