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Crypto News
Nvidia Partners With Eight Australian Firms for 2GW AI Infrastructure Expansion
Nvidia has entered into a partnership with eight Australian data center and cloud operators to increase the nation's AI compute capacity to 2 gigawatts by 2027, a project expected to more than double existing infrastructure.
Goldman Sachs Economist Warns of Market Volatility Under Fed Chair Kevin Warsh
Goldman Sachs chief economist Jan Hatzius warns that Federal Reserve Chair Kevin Warsh’s reduced forward guidance and shorter policy statements risk creating unproductive market volatility.
OKX Launches Pre-IPO Perpetual Futures and Tokenized Stocks in Europe
OKX Europe Markets Limited has introduced perpetual futures for private AI firms and 100 tokenized stocks, providing European traders with leveraged exposure to pre-IPO valuations and public equities.
Monad Completes Public Token Sale via Coinbase Platform
Monad raised $269 million through a public token sale on Coinbase's platform, exceeding its initial target of $187.5 million to broaden investor access.
Fetch.ai Deploys Autonomous AI Agents Across US and UK Universities
Fetch.ai is implementing custom AI agents at various universities to assist students with campus navigation and event discovery as part of a multi-year educational strategy.
Researchers Reduce Quantum Resource Estimates for Attacking Bitcoin and Ethereum
A research collaboration involving Google Quantum AI, the Ethereum Foundation, and Stanford has identified that fewer than 500,000 physical qubits are required to compromise elliptic curve cryptography, a 20-fold reduction from previous estimates.
1inch Reports Cumulative Swap Volume Exceeding $814 Billion Amid Profitability Challenges
Decentralized exchange aggregator 1inch has surpassed $814 billion in cumulative swap volume since its 2019 launch, yet the protocol has not achieved profitability.
Iran Issues Warning Regarding Potential Military Escalation with United States
A senior Iranian official has signaled that the nation is prepared to intensify counterstrikes if United States attacks on its territory and infrastructure continue, impacting market expectations for a 2026 diplomatic deal.
Malone Lam Pleads Guilty to RICO Conspiracy in $245 Million Bitcoin Theft
Malone Lam has pleaded guilty to a RICO conspiracy involving the theft of over 4,100 Bitcoin. This case marks the first time federal prosecutors have applied racketeering laws to a cryptocurrency-related crime.
US Mortgage Rates Reach One-Year High Amid Geopolitical Tensions
The 30-year fixed mortgage rate has climbed to 6.85% as rising oil prices and inflation concerns drive a bond market sell-off, resulting in decreased mortgage application volume.
Binance Leads August Spot Trading Volume Recovery
Binance recorded $243B in spot trading volume during August as total volume across 14 major centralized exchanges rose 19% to $510.4B, driven by a 30% surge in Bitcoin's price.
Tether and Circle Maintain Stablecoin Market Dominance
Tether and Circle currently control 85% of the stablecoin market, with a combined supply of approximately $257.7 billion. This high level of concentration poses potential risks to both crypto and traditional money markets.
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