News

Funding · 2 weeks ago Metaplanet Expands Bitcoin Holdings to 20,000 BTC with Recent Purchase Metaplanet has acquired an additional 1,007 Bitcoin for $69 million, bringing its total holdings to 20,000 BTC, valued at over $1.38 billion.

Companies · 2 weeks ago Nvidia's $13 Billion Investment and Insurance Strategy to Compete in AI Market Nvidia CEO Jensen Huang plans to invest $13 billion to enhance the company's position against AI leaders OpenAI and Anthropic, including acquiring Hugging Face. Additionally, Nvidia has secured $12.9 billion in insurance to support its AI infrastruct

Markets · 2 weeks ago Majority of Americans Oppose Local AI Data Centers Amid Environmental Concerns A recent Gallup poll reveals that 71% of Americans oppose the construction of AI data centers in their communities, citing concerns over environmental impact and resource consumption.

Companies · 2 weeks ago OpenAI Restores Services After September 3 Outage Affecting ChatGPT and Codex OpenAI has fully restored its ChatGPT and Codex platforms following a significant service disruption on September 3, which impacted multiple core functionalities for nearly four hours.

Spot & ETFs · 2 weeks ago Grayscale Research Warns of AI Surveillance Risks on Blockchains, Advocates for Zcash Grayscale Research highlights the potential for AI to enhance surveillance on transparent blockchains, suggesting that Zcash's privacy features could be a key solution.

Compliance · 2 weeks ago Justin Sun's Public Dispute with Ex-Girlfriend Escalates Involving Chinese Media Justin Sun's ongoing feud with ex-girlfriend Jing Tian intensifies as he seeks media attention, drawing criticism from prominent figures in China.

Companies · 2 weeks ago OpenAI Ends Partnership with Cursor Following SpaceX Acquisition OpenAI has terminated its partnership with Cursor, an AI coding tool, after SpaceX acquired Cursor's parent company, Anysphere, for $60 billion. The split is effective November 12, 2023.

Macro · 2 weeks ago US National Debt Exceeds $40 Trillion Amid Growing Fiscal Concerns The US gross national debt has officially surpassed $40 trillion, raising alarms about fiscal sustainability and economic implications.

Policy · 2 weeks ago Senate Prepares for Initial Vote on CLARITY Act Amid House Vote Uncertainty The U.S. Senate is set to hold an initial vote on the CLARITY Act on September 15, but potential delays in the House could impact its future.

Macro · 2 weeks ago Revolut Secures Conditional Approval for US National Bank License Revolut has received conditional approval from the OCC to establish a US national bank, marking a significant step in its expansion plans for 2027.

Markets · 2 weeks ago Google Introduces AI Voice Features for Gmail, Docs, and Keep Google has launched new AI voice capabilities for its productivity apps, allowing users to interact with Gmail, Docs, and Keep through natural conversation. These features are initially available to Google AI Pro and Ultra subscribers in the US.

Macro · 2 weeks ago US Sanctions Impact Iran's Economy with 35% Trade Drop and 66% Inflation Iran's economy faces severe challenges as US sanctions tighten, resulting in a 35% drop in foreign trade and soaring inflation rates of 66%.

Macro · 2 weeks ago Trump's Discussions on Ending Iran Conflict Influence Bitcoin Surge Past $81,000 President Trump is reportedly considering declaring the Iran conflict over, which has coincided with Bitcoin's rise above $81,000 amid market speculation.

Policy · 2 weeks ago Senators Propose Ban on Artificial Superintelligence Amid Safety Concerns Senator Bernie Sanders and Representative Greg Casar are advocating for a ban on artificial superintelligence, citing safety risks and the need for congressional oversight.

Derivatives · 2 weeks ago Crypto Market Sees Rebound as $370M in Shorts Liquidated in 24 Hours The cryptocurrency market has rebounded significantly, with over $370 million in short positions liquidated in just 24 hours, indicating a shift in market sentiment.

Macro · 2 weeks ago Bank of England's Huw Pill Addresses Inflation Amid Iran Conflict Huw Pill, Chief Economist at the Bank of England, warns that inflation expectations remain anchored despite rising energy prices due to the Iran conflict, emphasizing the need for caution in monetary policy.

Markets · 2 weeks ago Standard Chartered Launches Bitcoin Spot Trading for Institutions in UAE Standard Chartered has introduced bitcoin spot trading services for institutional clients in the UAE, marking a significant step in the region's digital asset landscape.

Compliance · 2 weeks ago Blackstone Enforces Redemption Cap on BCRED Fund Amid Surge in Withdrawal Requests Blackstone has limited redemptions from its BCRED fund to 5% after investor withdrawal requests reached 10%, marking the first enforcement of this limit since the fund's inception.

Policy · 2 weeks ago OpenAI and Google Oppose Massachusetts AI Safety Rules Supported by Anthropic OpenAI and Google are opposing new AI safety regulations in Massachusetts, while Anthropic advocates for stricter measures. This division among major AI firms could shape future state-level regulations.

Macro · 2 weeks ago Ukraine Targets Russian Space Infrastructure Amid Ongoing Conflict Ukraine is intensifying its military strategy by targeting Russian space infrastructure, aiming to disrupt military operations and enhance its capabilities in the ongoing conflict.