Today’s Top Stories: Nvidia Buys Hugging Face, Snowflake Soars and Broadcom Eyes $230 Billion in AI Chip Revenue

TLDR Nvidia is buying AI platform Hugging Face for nearly $13 billion Snowflake shares jumped over 20% after strong earnings and raised forecasts Broadcom predicts...

Hot right now!

Bitcoin News

Solana fee vote: What SGP-0003 reveals about Yakovenko’s power

The Aug. 28 Solana fee vote on SGP-0003 produced an unusual result: a majority of participating stake supported the reform, yet the proposal...

Bitcoin Rallies Over $81,000 And Brings Stocks With It

Bitcoin surged on Thursday — but industry-related stocks rose even quicker as a rally that started weeks ago again picked up steam.  The price...

SoFi Links Banking Network and Stablecoin to Kraken in New Deal

In brief Payward will connect Kraken to the SoFi Exchange Network. Kraken will list SoFiUSD for retail and institutional customers. SoFi will use Kraken Prime as...

Wallet Recovery Experts Crack $1B ETH Wallet… But Find Just $10

When a client named Rusty contacted crypto recovery specialist Chris Brooks in 2021, he said he and two others had won 5,000 Bitcoin...

Broadcom (AVGO) Stock Falls After Q4 Guidance Misses Despite 221% AI Chip Sales Surge

TLDR Broadcom Q3 revenue rose 86% to $29.59 billion, beating Wall Street estimates of $29.43 billion AI chip revenue surged 221% to $16.7 billion,...

Solana V1 transactions hit testnet, aiming to fold multi-step operations into one

On September 1, Anza initiated Transaction V1 on the testnet of Solana, allowing for the final rehearsal of this upgrade prior to its...

Crypto Gaming

Why Hyperliquid faces $91M Multicoin supply risk despite HYPE’s ETF boost

After holding a Hyperliquid position for a...

SoFi Links Banking Network and Stablecoin to Kraken in New Deal

In brief Payward will connect Kraken to the SoFi...

Standard Chartered Debuts Bitcoin Trading In The UAE

Multinational bank Standard Chartered announced...

Bitcoin keeps whipsawing around $77,000, and ETF investors are doing the same

US spot Bitcoin ETFs returned to inflows Wednesday,...

Tether Reports $1.3B Q2 Profit As Excess Reserves Reach $5.2B

Tether reported $1.3 billion in Q2 net operating...

Chainlink CCIP Brings Cross-Chain Token Standard To Avalanche And Polygon

Trusted Editorial content, reviewed by leading industry experts...

Tether Reports $1.3B Q2 Profit As Excess Reserves Reach $5.2B

Tether reported $1.3 billion in Q2 net operating...

Solana fee vote: What SGP-0003 reveals about Yakovenko’s power

The Aug. 28 Solana fee vote on SGP-0003...

More CRYPTO News

Bitcoin Miner Hut 8 Shares Jump On $9.8 Billion AI Data Center Deal

Bitcoin miner Hut 8’s shares rose Monday after the Toronto Stock Exchange- and Nasdaq-listed firm said it had signed a second...

Blackstone to invest in Korea’s robotics supplier in a $676 million deal 

$1.3 trillion U.S. asset manager Blackstone has agreed to invest in South Korea’s supplier of high-precision actuators, Futronic.  Blackstone said Monday private equity funds...

XRP Open Interest Hits $2.6B As Derivatives Demand Climbs

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Reference: CoinGlass XRP Open Interest Hits $2.6B As Derivatives Demand Climbs XRP futures...

Bank of Korea Scales Up CBDC Pilot With Half a Million Users

In brief The Bank of Korea will launch Phase 2 of its CBDC pilot in September, expanding to nine banks and a cap of...

FTX begins $900M payout as creditors in 45 countries could lose their claims within 6 months

FTX has about $900 million lined up for July 31, but the payout only reaches creditors who cleared the June 16 checks and...

SEC Targets Mining Automatic in Alleged $22M Fraud Case

The US Securities and Exchange Commission (SEC) has sued crypto mining investment business Mining Automatic and its founder, Zan Shaikh, alleging they raised...

CLARITY Act Vote Looms: XRP’s Big Breakthrough?

The United States (USA) Senate is barreling...

Metaplanet’s Bitcoin Japan Announces Plan To Scoop Up Coins Despite Market Downturn

Bitcoin Japan, a subsidiary of Asia’s answer to Strategy, Metaplanet, has announced it entered into a financing agreement to start buying...

Russia’s First Comprehensive Crypto Law Is Two Votes Away From Passing

In brief The State Duma's second and third readings of a pending crypto bill are scheduled for July 21; if approved, the law takes...

Bitcoin treasury company discovers buying own stock adds 24% more BTC per share than buying Bitcoin

When a Bitcoin treasury trades for less than the Bitcoin it holds, the cheapest way to increase gross Bitcoin exposure per share may...

Trending Now