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Crypto derivatives activity slumps to late-2023 levels, but US perp market opportunity emerges
The composition of that volume remains heavily concentrated among a handful of exchanges, with Binance maintaining it…
Ethena taps Anchorage for secure offchain collateral in institutional lending push
Ethena began pivoting toward overcollateralized institutional lending in April as part of a major overhaul of USDe re…
Coinbase invests in Ethena via open market purchase of ENA, flags new partnership
Ethena said the two companies have also become partners "to grow onchain finance and savings products."
HIVE reports 158% jump in annual revenue to $298 million as bitcoin holdings fall to 150 BTC
The company reduced its bitcoin holdings from 481 BTC to 150 BTC during the last quarter, while its bitcoin mining re…
Backpack launches securities platform blending traditional and tokenized stock trading
Backpack Securities combines a U.S.-regulated brokerage for traditional equities ownership with a tokenization platform.
Mt. Gox moves $739 million worth of bitcoin to two addresses: Arkham
Mt. Gox transferred a combined 10,306 BTC to an unmarked address and its hot wallet early Tuesday, according to Arkham.
Robinhood closes $180 million WonderFi acquisition, entering Canadian crypto market
Users of WonderFi's crypto platforms Bitbuy and Coinsquare will be invited to continue on the Robinhood app.
Nvidia CEO Jensen Huang hosts South Korean tech leaders at Taipei dinner
Nvidia's strategic alliances with South Korean tech giants could significantly bolster its AI ecosystem, enhancing gl…
Qualcomm CEO Cristiano Amon: AI will drive token demand to 1.27 trillion every 10 seconds by 2030
AI's rapid growth will necessitate significant advancements in infrastructure, benefiting chipmakers and reshaping te…
Nvidia partners with TSMC to bring AI into the chip factory itself
The Nvidia-TSMC AI partnership could revolutionize semiconductor manufacturing, accelerating innovation cycles and re…
OpenAI is building software to break free from Nvidia’s grip on AI infrastructure
OpenAI's strategy could democratize AI hardware, reducing Nvidia's dominance and fostering competition, but execution…
Nvidia partners with TSMC to enhance semiconductor design using AI
The Nvidia-TSMC AI partnership could revolutionize semiconductor manufacturing, accelerating innovation cycles and re…
OpenAI prepares to release tool to challenge Nvidia’s software dominance
OpenAI's Triton tool could disrupt Nvidia's dominance, boosting AMD's AI hardware credibility and diversifying the AI…
OpenAI builds software layer to run AI across chips from Nvidia, AMD, Broadcom, and more
OpenAI's strategy could democratize AI hardware, reducing Nvidia's dominance and fostering competition, but execution…
Tether AI open-sources TurboQuant, reducing LLM KV cache memory use by 5x
TurboQuant's open-source release could democratize AI by enabling efficient local deployment, reducing reliance on ce…
Tether AI hires inference engineers to advance local AI projects
Tether's local AI focus could redefine data privacy norms, creating new utility for cryptocurrencies beyond tradition…
Sekai raises $20M Series A to enhance AI app creation platform
Sekai's funding boost could democratize app development, but sustaining user engagement remains a critical challenge …
Tether releases open source version of Google’s TurboQuant to cut AI memory use
TurboQuant's open-source release could decentralize AI, reducing reliance on cloud services and empowering local devi…
SoftBank’s Masayoshi Son pitches $1 trillion AI manufacturing complex in Arizona
Son's ambitious project could redefine US tech manufacturing, boosting AI and robotics sectors while posing significa…
Anthropic offers EU access to Mythos AI model for cyber security
EU's access to Mythos AI could significantly enhance cybersecurity, potentially narrowing the tech gap and boosting d…
SK Telecom named key Nvidia partner for manufacturing AI at GTC Taipei
SK Telecom's collaboration with Nvidia could revolutionize semiconductor manufacturing, enhancing efficiency and posi…
Siemens, Nvidia, and Fluence unveil reference architecture for AI data centers with 136 MW capacity
The integration of battery storage in AI data centers highlights a shift towards essential grid-scale storage, accele…
AI boom disrupts funding for pre-ChatGPT unicorn startups
The AI funding surge is reshaping the venture landscape, forcing non-AI startups to adapt or face obsolescence amid d…
Binance adds over 7,000 US stocks and ETFs for traders outside the United States amid super app push
Binance launched U.S. stock and ETF trading for non-U.S. users and has plans for tokenized equities on BNB Chain.
SoftBank CEO Masayoshi Son says AI revolution is 50x bigger than dotcom boom
SoftBank's massive AI investment signals a transformative shift in tech priorities, potentially reshaping global econ…
Anthropic grants EU cybersecurity agency access to its AI vulnerability scanner Mythos
Granting ENISA access to Mythos could reshape EU cybersecurity dynamics, potentially influencing policy and competiti…
Nvidia CEO announces full production of Vera Rubin, improves assembly speed by 95%
Nvidia's enhanced production and assembly efficiency could stabilize supply, potentially reducing earnings volatility…
Nvidia CEO Jensen Huang unveils Vera Rubin platform at GTC Taipei with $1 trillion in projected orders
Nvidia's Vera Rubin platform could revolutionize AI economics, significantly lowering inference costs and reshaping m…
Ardian backs €10B AI gigafactory project outside Paris as Europe races to close gap with US and China
The project could bolster Europe's tech independence, enhance its AI capabilities, and drive significant economic and…
Nvidia launches Alpamayo 2 Super, its most powerful open AI model for robotaxis
Nvidia's open AI model could accelerate innovation in autonomous vehicles, fostering collaboration and potentially tr…