News

Companies · 1 week ago Oracle Increases GPU Contract Prices Amid AI Demand Surge Oracle has renewed its expiring GPU contracts at 20% higher rates, driven by a surge in AI demand and a shortage of new GPUs, while also raising its revenue outlook for FY2027.

Infrastructure · 1 week ago Ether Surges 8.3% Amid Massive Short Liquidations, Reaches $2,600 Ether experienced a significant price surge, climbing 8.3% to briefly exceed $2,600, driven by over $255 million in short liquidations. This event highlights the volatile dynamics of the crypto market amid macroeconomic influences.

Stablecoins · 1 week ago Solana's DEX Volume Surpasses $3 Trillion Amidst Growing Tokenized Stock Market Solana's decentralized exchange volume has exceeded $3 trillion, with significant contributions from tokenized stocks like DraftKings, which generated $39 million in volume shortly after launch.

Funding · 1 week ago Strive Inc. Plans to Acquire 500 Bitcoin This Week Funded by Preferred Stock Sales Strive Inc. is set to purchase 500 Bitcoin this week, utilizing funds raised through its SATA preferred stock sales, continuing its aggressive accumulation strategy.

Funding · 1 week ago Anthropic Prepares for IPO with $965 Billion Valuation and Wealth Management Plans Anthropic's S-1 filing has been leaked, revealing a potential IPO with a valuation of up to $1 trillion. Goldman Sachs and Bank of America are competing to manage wealth for the company's employees as anticipation builds.

Companies · 1 week ago NES Token Recovery Rules Create Division Among Holders After $286M Security Incident Nesa's NES token has resumed trading on Binance Alpha and Kraken following a significant security breach, but recovery rules have left many holders uncertain about their assets.

Policy · 1 week ago Saudi Crown Prince Seeks Trump’s Support Amid Houthi Escalation Saudi Crown Prince Mohammed bin Salman has reached out to former President Donald Trump for assistance as Houthi attacks escalate, threatening regional stability and oil supply.

Stablecoins · 1 week ago Circle's Withdrawal from Noble Forces Cosmos to Shift $92 Million in USDC Circle is discontinuing its USD Coin (USDC) services on Noble, compelling the Cosmos ecosystem to migrate $92 million in USDC to Injective before a January deadline.

Markets · 1 week ago Growing Distrust Among AI Leaders Raises Concerns Over Industry Risks Recent insights reveal escalating competition and distrust among AI leaders, raising alarms about potential risks to humanity. This situation could affect investor confidence and the valuation of major AI firms like Anthropic.

Policy · 1 week ago Kremlin Proposes Three-Way Meeting Amid Ongoing Russia-Ukraine Conflict The Kremlin has indicated a willingness to engage in diplomatic talks, proposing a three-way meeting amidst the ongoing Russia-Ukraine conflict, which may signal a shift in dialogue efforts.

Policy · 1 week ago Commerce Secretary Links Intel Stake to Proposed $5,000 Payments for Americans Commerce Secretary Howard Lutnick highlights the government's Intel stake as a funding source for proposed $5,000 payments to American adults, raising questions about fiscal sustainability.

Compliance · 1 week ago Oraclum Capital's Vuk Vukovic Faces Fraud Charges Over Inflated Hedge Fund Returns Vuk Vukovic, founder of Oraclum Capital, has been charged with securities and wire fraud for allegedly inflating returns of the ORCA BASON Fund, misleading investors about its performance.

Companies · 1 week ago Nasdaq to Invest $100 Million in Kraken's Parent Company Payward Nasdaq plans to invest $100 million in Payward, the parent company of Kraken, to enhance infrastructure for tokenized stocks and market surveillance.

Policy · 1 week ago UK House of Lords Approves National Cryptocurrency Strategy Amendment The UK House of Lords has passed an amendment requiring the government to develop a national strategy for regulating digital assets, marking a significant step towards formalizing the country's approach to cryptocurrency.

Macro · 1 week ago Bitcoin Price Rises Despite US Inflation Data; Satoshi-Era Wallet Moves 600 BTC Bitcoin's price surged to nearly $79,607 amid rising US inflation, while a dormant wallet from 2010 moved 600 BTC after 16 years.

Macro · 1 week ago US Core Inflation Surges, Raising Odds for Federal Reserve Rate Hike The latest Consumer Price Index report reveals a significant rise in core inflation, leading to a 90% probability of a Federal Reserve rate hike at the upcoming FOMC meeting.

Derivatives · 1 week ago Crypto Market Sees $130M Liquidation in One Hour Amid Inflation Fears On September 10, the crypto market experienced a significant liquidation event, with approximately $130 million in positions closed within an hour, primarily affecting long traders.

Companies · 1 week ago SpaceX Reassigns 300 Engineers to Enhance AI Data Center Operations SpaceX has shifted over 300 engineers from its rocket and Starlink divisions to bolster its AI data center operations, reflecting a significant commitment to improving its computing infrastructure.

Macro · 1 week ago Jeff Currie Predicts U.S. Gas Prices Could Reach $5 Before Midterm Elections Jeff Currie, a prominent commodities strategist, forecasts that U.S. gasoline prices may hit $5 per gallon ahead of the midterm elections, driven by supply constraints and inflationary pressures.

Hacks & Exploits · 1 week ago Osmosis Takes 74 Days to Uncover 40-BTC Exploit in Nomic Protocol Osmosis has revealed it took 74 days to discover a significant exploit involving over 40 BTC worth of Nomic's nBTC, raising concerns about security in the Cosmos ecosystem.