News

Stablecoins · 3 weeks ago Chelsea FC Pursues USDC Sponsorship Amid Ongoing Search for Permanent Partner Chelsea FC is reportedly in discussions to feature the USDC logo on its shirts, marking a potential significant crypto partnership as the club continues to seek a permanent front-of-shirt sponsor.

Stablecoins · 3 weeks ago Circle Announces 95-Day Migration Period for Legacy USDC Cross-Chain Transfers Circle has set a 95-day deadline for developers using its legacy Cross-Chain Transfer Protocol (CCTP) to migrate to the updated version before the old routes cease operations.

Companies · 3 weeks ago Tencent Tests New Hy4 AI Model in Yuanbao App Amidst Competitive Landscape Tencent has initiated gray testing of its Hy4 AI model within the Yuanbao app, marking a significant advancement in its AI capabilities amidst a competitive environment.

Companies · 3 weeks ago Saudi Aramco Predicts 18-Month Recovery for Oil Inventories After Strait of Hormuz Disruption Saudi Aramco warns that global oil inventories will take at least 18 months to recover following significant supply disruptions caused by ongoing conflicts in the region.

Macro · 3 weeks ago Japan and US Coordinate Yen Intervention Amid Currency Decline Challenges The US and Japan executed their first joint yen-buying intervention since 1998, aiming to stabilize the currency as it faces ongoing depreciation pressures.

Companies · 3 weeks ago Shein Sets Hong Kong IPO Valuation at $26.5 Billion Amid Market Challenges Shein is pricing its Hong Kong IPO at approximately $26.5 billion, significantly lower than its previous valuations, as it shifts focus from Western markets to Asia.

Stablecoins · 3 weeks ago Ethereum and Solana Face Native Token Demand Challenges Amid Stablecoin Growth Ethereum and Solana are witnessing significant stablecoin activity, raising questions about the demand for their native tokens as users increasingly rely on gasless transactions.

Markets · 3 weeks ago Over 100 Tech Firms Urge Governments to Enhance Cyber Defense Against AI Threats More than 100 technology and cybersecurity companies, including major players like Microsoft and OpenAI, have called for a heightened focus on cybersecurity measures to combat AI-driven cyberattacks.

Macro · 3 weeks ago Asian Markets Anticipate Fed Chair Warsh's Jackson Hole Speech Amid Inflation Concerns Asian equity markets saw gains as investors prepared for Federal Reserve Chair Kevin Warsh's address at the Jackson Hole symposium, focusing on inflation and monetary policy.

Companies · 3 weeks ago SEC Charges 38 Entities for Fraudulent Filings Targeting Retail Investors The SEC has charged 38 entities for submitting fraudulent registration forms to deceive retail investors, linking the scheme to a Hong Kong resident accused of orchestrating the fraud.

Companies · 3 weeks ago OpenAI's Sam Altman Outlines Ambitious Plans for Humanoid Robots by 2027 OpenAI CEO Sam Altman has announced the company's plans to develop humanoid robots aimed at assisting in construction and eventually consumer tasks, with prototypes expected by 2027.

Funding · 3 weeks ago Anthropic Shifts from $7B Acquisition of MatX to Design Partnership Exploration Anthropic has decided not to pursue a $7 billion acquisition of AI chip startup MatX, opting instead to explore a potential design partnership, indicating a strategic shift in its hardware approach.

Macro · 3 weeks ago US Treasury Launches 'Operation Economic Outcast' to Target Iran Sanctions The US Treasury has initiated 'Operation Economic Outcast,' a new sanctions campaign aimed at Iran, urging G20 allies to comply or face financial repercussions.

Business · 3 weeks ago Anthropic and OpenAI Experience Significant Revenue Growth in 2026 Anthropic and OpenAI report remarkable increases in annualized recurring revenue, surpassing $115 billion combined by mid-2026, driven by enterprise demand for AI solutions.

Companies · 3 weeks ago Nvidia Ends Revenue-Sharing Agreements with AI Cloud Providers Nvidia has announced the termination of its revenue-sharing agreements with AI cloud providers, potentially impacting smaller players in the AI infrastructure market.

Macro · 3 weeks ago MicroStrategy Stock Rallies 12% as Bitcoin Sell-Off Fears Subside MicroStrategy's stock surged 12% as the company reported that its cash reserves nearly offset its $6.75 billion debt, alleviating concerns about forced Bitcoin sales.

Infrastructure · 3 weeks ago First Quantum-Safe Bitcoin Transaction Successfully Completed on Mainnet A groundbreaking quantum-safe Bitcoin transaction was executed on the mainnet, demonstrating a new method to protect funds from future quantum computing threats.

Funding · 3 weeks ago Trump Administration Negotiates US Stake in Venezuelan Oil Fields The Trump administration is reportedly in discussions to acquire a stake in Venezuela's oil fields, potentially doubling US oil reserves and shifting control from state-owned PDVSA.

Custody · 3 weeks ago BlackRock and Bitwise Lower Bitcoin Conversion Minimums, Opening Doors for More Investors BlackRock and Bitwise have significantly reduced the minimum investment thresholds for Bitcoin conversions, allowing more institutional investors to access Bitcoin ETFs. This move has already facilitated over $5 billion in transactions.

Companies · 3 weeks ago Marvell Technology Reports $2.74B Q2 Revenue Driven by AI Demand Marvell Technology has announced a record revenue of $2.739 billion for Q2 2027, marking a 37% increase year-over-year, largely fueled by demand in its data center segment.