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Tokenized deposits may raise credit costs, Fed analysis says
Tokenized deposits could make bank funding less stable and raise credit costs for US households and businesses, according to Dallas Fed economists.Instant settlement and...
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SpaceX becomes Nvidia hyperscaler; 8 GW AI capacity next year
Deepwater Asset Management estimates SpaceX now accounts for 5% of NVIDIA‘s revenue, up from 3% last quarter.SpaceXAI is already receiving Nvidia's next-gen Vera CPUs...
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OpenAI Bans Russian ChatGPT Accounts Behind Bogus Institute
OpenAI banned ChatGPT accounts linked to Russia that promoted a fake Israeli academic institute.The network used VPNs to bypass restrictions and created copied research...
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Vera Rubin production fuels Nvidia’s AI revenue surge
NVIDIA forecasted 70% revenue growth for fiscal 2028, and Q3 revenue of $108 billion, surpassing analyst expectations.Q2 revenue hit $96.2 billion, topping projections of...
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GTA VI Leaker Reveals Story Spoilers, Game Not Ready
The pseudonymous leaker CyberLeek released the first story spoiler of GTA VI, showing a key protagonist.CyberLeek’s crypto token $CYBERLEEK surged from a $40,000 market...
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Better Mortgage, Coinbase launch Bitcoin-backed home loans
Better Mortgage and Coinbase have launched a Bitcoin-backed mortgage product for US homebuyers, allowing them to pledge BTC as collateral for a down payment...
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SEC Submits Proposal to Modernize Crypto Custody Rules
The SEC has submitted a proposal to modernize crypto custody regulations for investment advisers and companies.The rulemaking aims to clarify the framework for custody...
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Revolut launches euro-backed stablecoin EURR in EU
Revolut begins a phased rollout of EURR, a euro-backed stablecoin issued by Bridge, the Stripe-owned stablecoin infrastructure firm.EURR is integrated directly into the Revolut...
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Warsh on 100th day: Forward guidance ‘overstayed’, Bitcoin flat
Fed Chair Kevin Warsh formally declared forward guidance has "overstayed its welcome" during his Jackson Hole keynote on his...
PayPal Price Targets Cut After Stripe-Advent Deal Collapse
Mizuho and Loop Capital cut their price targets on PYPL after Stripe and Advent International reportedly ended takeover talks.Mizuho...
KLA insiders dump $64M in stock as shares crash 40%
KLA Corporation insiders disclosed over $64 million in stock sales as shares slid 40% from the June 30 all-time...
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Pune Cyber Police arrested a seventh suspect in the...
ChatGPT Leads Losses in Alpha Arena Crypto Trading Contest
Six large language models (LLMs) competed in the "Alpha...
