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Crypto Market Correction: $527M Liquidations Amid Rising AI Debt Risks
Cryptocurrency market correction occurred with Bitcoin retesting $85,000 and Ether declining to $2,900.Over $527 million in leveraged crypto positions were liquidated within 24 hours,...
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PayPal Applies to Launch Its First U.S. Bank for Small Business
Paypal Holdings has applied to open its first physical U.S. bank, chartered in Utah as an industrial loan company.The proposed bank would focus on...
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Crypto Stocks Dive as Market Liquidations Hit BTC, ETH, Solana
Shares of Coinbase (COIN), Strategy (MSTR), and other crypto stocks dropped due to increased liquidations in the cryptocurrency market.Leading cryptocurrencies like Bitcoin (BTC), Ethereum...
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Mattel Delays OpenAI Partnership Product Launch Past 2025 Target
Mattel has delayed the announcement of its first product in partnership with OpenAI beyond the originally planned 2025 date.
The initial product, focused on using...
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Nvidia Unveils Faster AI Models Amid H200 Chip Demand Rally
NVIDIA launched a new open-source AI model family, promising faster, cheaper, and smarter performance.The company is assessing expanding production of its high-demand H200 AI...
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Nvidia Acquires SchedMD to Integrate Slurm With AI Ecosystem
NVIDIA has acquired SchedMD, the company behind the open-source workload management system Slurm, to enhance its AI software ecosystem.
Slurm will remain open-source, and NVIDIA...
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Aave Ownership Dispute Erupts Between DAO and Labs Entities
A dispute is ongoing within the Aave DeFi community about control and revenue between Aave Labs and the Aave DAO.Revenue from in-platform token swaps...
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Eric Trump-backed American Bitcoin Surpasses ProCap in BTC Holdings
American Bitcoin has increased its Bitcoin holdings, surpassing ProCap Financial to become a top corporate Bitcoin holder with over 5,000 BTC.The top 100 publicly...
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Quantum Threat to Bitcoin a Social, Not Technical, Hurdle: Grayscale
The primary threat quantum computers pose to Bitcoin is social, not technical, revolving around community agreement on solutions.Roughly 1.7...
Saylor’s Bitcoin Strategy Defies Bear Flag Threat
Bitcoin is trading in a bear flag pattern that suggests a potential 30% drop toward $50,000.Strategy's aggressive BTC buying,...
Salary Required for a $1M Home Loan Nears $200,000
Securing a mortgage for a $1 million home typically requires a minimum annual salary of $175,000.With standard loan terms,...
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Nigeria Remains Open to Crypto Firms Despite $80bn Binance Lawsuit
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SEC, CFTC Enforcement Directors Issue Joint Statement On Virtual Currency
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