SpaceX’s Nvidia deal could be bad news for neoclouds like CoreWeave and Nebius, analysts say
Nvidia could bump SpaceX to “the front of the line” when it comes to its limited supply of chips, according to Bernstein. Source：MarketWatch
Domestic stablecoins could boost demand for dollar-backed tokens: IMF
IMF first deputy managing director Dan Katz says users may favor digital dollars for their liquidity, network effects and crossborder acceptance.…
US court backs Bybit’s bid to trace funds from $1.5B North Korea hack
Expedited discovery allows the exchange to seek account identities, balances and transaction histories from platforms with US operations. Source：Cointelegraph
Donald Trump’s media company to terminate Crypto.com deal
The president’s company will unwind an agreement with Crypto.com to create a multibilliondollar CRO treasury and reportedly not integrate prediction markets…
US Treasury’s OFAC sanctions 2 Iran-linked crypto exchanges
The US government sanctioned an individual and two crypto exchanges it said facilitated money laundering for a combined $5 million in digital assets linked to…
Circle expands USDC to OKX ecosystem with X Layer launch
The rollout gives X Layer users access to Circleissued USDC and crosschain transfers as the stablecoin expands across major blockchain ecosystems.…
Reform UK chair calls for probe into SBF-linked donation: Report
As the chairman of the Reform UK calls for an investigation into a FTXlinked political donation, the party’s leader prepares to face voters amid his own…
Crypto Biz: Crypto’s biggest business is starting to look a lot like banking
Crypto business is converging with banking as stablecoin reserves, tokenized funds, Treasury income and balance sheet management become key profit drivers.…
Russia cracks down on 9 crypto exchanges in Moscow City
Russia has shut down nine unregistered crypto exchanges in Moscow, with the FSB alleging they helped move scam proceeds abroad through Ukrainian call centers.…
CEX perpetual futures volume falls to $4T, lowest since late 2023
Perpetual futures trading volume on crypto exchanges fell to its lowest level in 31 months, while perpetual trading on decentralized platforms neared a oneyear…
After a Clarity Act funeral, the crypto world would keep turning
With the U.S. crypto bill missing a crucial window before the Senate hangs its closedforsummer sign, the alternatives are getting more attention.…
CleanSpark misses Wall Street revenue estimates as shares sink
CleanSpark’s shares fell 5.5% on Thursday after the Bitcoin miner reported $138 million in quarterly revenue, narrowly missing Wall Street’s consensus…