Nvidia’s $500 billion AI infrastructure push leaves crypto compute further behind
Nvidia has signed memorandums of understanding with six major Wall Street firms to establish "AI compute" as a bankable infrastructure asset. Source:CoinDesk
UK lawmakers question lenders over lack of banking for the country’s crypto firms
The U.K.’s Crypto and Digital Assets AllParty Parliamentary Group asked banks to explain their approach to providing banking services to crypto and digital…
Riot Platforms surges 20% in pre-market trading on $9.1 billion Anthropic deal
The bitcoin miner’s 20year agreement highlights an industrywide shift toward AI infrastructure revenue. Source:CoinDesk
Keel shuts US Bitcoin mining operations as Q2 revenue falls 50%
Keel completed the shutdown of its US Bitcoin mining operations as it pivots toward AI and highperformance computing infrastructure Source:Cointelegraph
Intel now says it is selling $20 billion of stock
Intel on Tuesday said it would increase the size of its offering of new shares by an additional $5 billion to $20 billion. Source:MarketWatch
Bears are in pain as the S&P 500 hits record highs. That may mean more upside for stocks.
Positioning shows the shorts are yet to capitulate, suggests Citi Source:MarketWatch
Anthropic strikes $9B compute deal with Bitcoin miner Riot: Report
Anthropic reportedly struck a $9 billion deal with Riot for 191 megawatts of capacity from the Bitcoin miner’s Rockdale campus in Texas. Source:Cointelegraph
A $2 trillion asset class is getting a new blockchain rail
ADI Chain and Shipfinex are partnering to tokenize commercial ships, aiming to open the $680B shipfinance market to wider capital pool. Source:CoinDesk
BTCPay offers $190,000 bounty after bitcoin payment servers drained in exploit
The project said it will pay 10% of recovered funds, up to 3 BTC, after attackers stole LND credentials and drained merchant Lightning wallets last week.…
Bitcoin’s BIP-110 fork is 300 blocks behind BTC and six years from fixing itself
The breakaway chain has produced two blocks since splitting off on Saturday. Bitcoin has produced more than 300 in the same stretch. Source:CoinDesk
Luke Dashjr removed as Bitcoin Improvement Proposal editor
Luke Dashjr lost his BIP editor privileges after developers raised concerns over his role in BIP 110 and its stalled minority fork. Source:Cointelegraph
XRP, ether lead crypto losses as traders eye $70,000 bitcoin next
Bitcoin failed to hold $65,000 for a fourth day as an oil rally revived inflation worries before Wednesday's U.S. price data. Source:CoinDesk