Two of the world’s largest banks have pulled back the curtain on the scale of their blockchain payment networks, and the numbers suggest that institutional adoption of deposit tokens is already far more advanced than most people realize. In a new Bloomberg interview, executives from JPMorgan Chase and Citigroup reveal the volume of transactions their respective blockchain networks are currently processing, painting a picture of a financial infrastructure that has quietly moved well beyond the pilot stage. JPMorgan’s global co-head of payments, Umar Farooq, says the bank is already moving significant volume on an external-facing blockchain where clients are actively…
Author: Henry Kanapi
Henry Kanapi
Henry Kanapi is a journalist and editor covering the intersection of artificial intelligence, financial markets, and technology disruption. He has sourced, written, and edited thousands of stories on crypto, banking, and macroeconomics as Senior Editor at The Daily Hodl, where he helped shape coverage for an audience of over two million monthly readers. At CapitalAI Daily, Henry brings a decade of newsroom experience to fast-paced reporting on AI breakthroughs, market shifts, fraud cases, and regulatory battles. His focus is on accuracy, clarity, and exposing how money moves in the age of artificial intelligence. Henry’s work has been cited by leading financial outlets, investment firms, and research communities tracking the future of markets. He is committed to a high editorial standard rooted in transparency and trust.
A senior Morgan Stanley researcher says the biggest forces shaping markets in 2026 are no longer moving independently, and that investors who understand where they intersect are best positioned to generate outsized returns. In a new episode of Morgan Stanley’s Thoughts on the Market podcast, Stephen Byrd, the bank’s global head of thematic and sustainability research, says the convergence of three major structural forces has created the most important investment stories of the year. “The biggest changes in 2026 are not happening in isolation, but at the intersections of our key themes. AI, energy, and geopolitics are no longer separate…
A hacker has drained hundreds of millions of dollars from the liquid restaking protocol Kelp DAO, marking the biggest decentralized finance (DeFi) hack of 2026. In a new post on X, on-chain intelligence firm Lookonchain says the thief minted tens of thousands of Kelp DAO’s restaked Ethereum (rsETH) and used it as collateral to acquire ETH itself. “KelpDAO was exploited, with ~$294M stolen. The attacker minted 116,500 rsETH ($294M). By selling rsETH and using it as collateral to borrow ETH, the attacker obtained 106,467 ETH ($250M).” Lookonchain says the influx of stolen rsETH on Aave (AAVE) has triggered an exodus…
A new survey from the Federal Reserve is raising fresh concerns about who is actually benefiting from artificial intelligence in the workplace, and the data suggests the technology could deepen existing inequalities rather than closing them. The Fed’s November 2025 Survey of Consumer Expectations finds that among currently employed respondents, 39% report using AI tools in their current job or having used them in the past twelve months. According to the Fed, the figure masks a stark divide across income, education and employment status. The Fed says AI adoption at work rises from 15.9% among workers earning under $50,000 annually…
A new report from PwC says the gap between companies that are getting real returns from artificial intelligence and those that are not has become impossible to ignore. In a new report, PwC introduces the concept of “AI fitness,” defining it as the ability to focus AI on outcomes that matter, build the foundations that enable AI to deliver returns, while rapidly scaling what works to turn pilots into profits. PwC highlights a striking performance gap between the most AI-fit companies and their peers. “The most AI-fit companies are getting a 7.2 times AI-driven performance boost — a combination of…
BlackRock CIO Rick Rieder says the conditions driving the equity market right now are among the most powerful he has seen, and that a massive supply-and-demand imbalance in stocks could make the next leg of the rally explosive. In a new interview on Bloomberg, Rieder points to a combination of extraordinary market technicals and earnings numbers that he says the broader market has yet to fully appreciate. “First of all, I think what it tells you is the technicals in the equity market are extraordinary, and the earnings numbers that are coming through are pretty powerful… The parts of the economy…
RaveDAO (RAVE) has lost nearly all of its value in a matter of days, as three of the world’s largest crypto exchanges have launched investigations into alleged market manipulation. Last week, prominent on-chain investigator ZachXBT sounded the alarm about RaveDAO on X, alleging that the protocol designed to bridge electronic music events with blockchain technology was manipulating the market. The investigator called out the exchanges where the alleged scheme originated. “Pump and dump activity for RAVE originated on Bitget, Binance and Gate. Call to action for both Binance and Bitget and GracyBitget to do better and launch an internal investigation,…
A senior executive at Morgan Stanley says investors who are piling into mega-cap tech in search of returns are looking in the wrong place, and that current market conditions are actually opening up more compelling opportunities elsewhere. In a new CNBC interview, Morgan Stanley executive director Katerina Simonetti says the AI trade is entering a new phase that changes where the real value lies. “We’re moving into this phase two of the AI implementation. We built up the technology. We have it in place. Now we get to sit back and watch the actual results of this technology and how…
The founder and chief executive of a Nasdaq-listed artificial intelligence company has been arrested and charged for allegedly orchestrating a years-long scheme to fake revenue and mislead investors. In a new press release, the U.S. Attorney’s Office for the Eastern District of New York says it has charged Puthugramam “Harish” Chidambaran, founder and former CEO of iLearningEngines, along with former CFO Sayyed Farhan Naqvi, with conspiracy to commit securities fraud, securities fraud, conspiracy to commit wire fraud, wire fraud and running a financial crimes operation. According to the indictment, iLearning, an AI business automation company, told investors it was generating…
Crypto analytics firm Santiment believes Bitcoin (BTC) may be on the verge of a big rally as retail investor sentiment remains in the gutter. In a new post on X, Santiment says Bitcoin sentiment has hit extreme lows at exactly the moment most investors would expect euphoria to be setting in, noting that the disconnect is one of the most bullish signals the market can produce. “Bitcoin sentiment is at an extreme low during a time you may expect FOMO to be trickling in. Despite BTC surpassing $77K today, there are 3 bearish comments for every 2 bullish comments about…