Two Seas Capital, the largest active shareholder of Bitcoin mining company Core Scientific, announced its intention to vote against the buyout offer proposed by AI infrastructure company CoreWeave. The investment company holds a 6.5% stake […]
Changpeng “CZ” Zhao, former CEO of Binance, asked a Delaware bankruptcy court to dismiss FTX’s lawsuit against him. He claimed, among other reasons, that it has no jurisdiction, as CZ is not a US or […]
Key Takeaways Apple is expected to announce an additional $100 billion in US manufacturing, raising its total domestic commitment to $600 billion over four years. The investment aims to reshore critical production and comes amid […]
The US Securities and Exchange Commission (SEC) has clarified that certain cryptocurrency liquid staking activities do not constitute securities offerings, a notable step in the agency’s ongoing effort to provide clearer guidance on digital asset […]
Technology company Nvidia released on Saturday a software update to patch vulnerabilities in its Triton server, which clients use for artificial intelligence models. The vulnerabilities, which cybersecurity company Wiz calls “critical,” could lead to the […]
A viral Twitter thread by popular finance YouTuber Andrei Jikh reignited scrutiny over XRP’s real-world utility. The post prompted Ripple CTO David Schwartz and other crypto figures to publicly respond. The exchange laid bare the […]
Key Takeaways American Bitcoin Corporation, backed by the Trump family, is set for a Nasdaq listing through a merger with Gryphon Digital Mining. Shareholder vote on the merger is scheduled for August 27, following SEC […]
Opinion by: Joshua Chu, co-chair of the Hong Kong Web3 Association Last week’s announcement of Hong Kong’s LEAP Digital Assets Policy Statement 2.0 was made with much anticipation and fanfare. The government of Hong Kong […]
Senator Lummis has introduced a bill to include crypto in mortgage approvals. The bill targets young buyers and aligns with FHFA’s recent crypto directive. Critics cite crypto’s volatility as a mortgage default risk. US Senator […]
Payment company Visa expanded stablecoin offerings on its settlement platform by adding support for Global Dollar (USDG), PayPal USD (PYUSD), Euro Coin (EURC) and two new blockchain networks, Stellar and Avalanche. The integration allows users […]
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