Tag: Digital

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US Treasury Sanctions Iranian Firms Taking Bitcoin for Hormuz Passage

In brief OFAC sanctioned two Iranian firms behind a scheme requiring vessels to buy IRGC-approved "insurance" to transit the Strait of Hormuz. One of them,...

AI Company Sues Town for Trying to Block Data Center Near National Park

In brief A developer is suing Cave City, Kentucky, over a one-year moratorium on new data centers. The proposed $4.8 billion AI campus would be...

Plunges 9% After ZEUS Heart Trial Misses Key Goal

TLDR Novo Nordisk stock plunges over 9% after ZEUS misses its key heart trial goal. ZEUS shows lower inflammation but no reduction in major...

Japan rate pause comes as yen crosses key 160 level

Japan’s central bank held interest rates steady at 1.0% on Friday after a reported major intervention in the yen.Key points:Japan holds interest rates...

Ireland Green-Lights $351B Tokenized Aviva Fund On XRP

A tokenized share class of Aviva Investors’...

XRP’s Bank Adoption Could Take Weeks: Demand Case Unproven?

Crypto Sensei argues that banks could integrate...

Citadel Buys Situational Awareness Stocks After July AI Market Rout: Reports

Ken Griffin’s Citadel reportedly bought a large proportion of the public stock portfolio of Situational Awareness, the hedge fund founded by former OpenAI...

Why Grayscale expects on-chain vaults to disrupt the $1.5T credit market

On-chain lending and yield strategies, commonly known as vaults, could be the next crypto innovation ripe for massive public adoption. According to Grayscale’s Head...

Plug Power (PLUG) Stock; Jumps 8% as Bloom Energy’s AI-Power Breakthrough Lifts Fuel-Cell Stocks

TLDRs; Plug Power surged nearly 8% as Bloom Energy’s strong AI-related results sparked a broad fuel-cell stock rally. Bloom posted record revenue, positive cash...

Coinbase (COIN) sinks 5% after missing Q2 revenue estimates

In a post on X, CEO Brian Armstrong pointed to the company's expanding businesses beyond spot trading, including stablecoins, Base and prediction markets,...

CLARITY Act Looks Closer To Passage: Democrats Line Up

Political reports now suggest roughly seven to...