NVIDIA has reported a stellar performance in the first quarter of fiscal year 2025, fueled by unprecedented demand for artificial intelligence (AI) infrastructure and data center technologies.
🚀 Record Revenue Powered by Data Centers
The company posted revenue of $26 billion,...
The U.S. Securities and Exchange Commission (SEC) has voluntarily dismissed its 2023 lawsuit against Binance and its founder, Changpeng Zhao (CZ). Filed in Washington, D.C., federal court, the dismissal comes with prejudice, preventing the SEC from reopening the case....
Norwegian cryptocurrency firm K33 (formerly known as Arcane Crypto AB) is making waves in the digital asset space with bold new moves to strengthen its market position across Europe, the Middle East, and Africa (EMEA).
Building a Bitcoin Treasury
In a...
Nvidia Corporation (NASDAQ: NVDA) announced outstanding financial results for the first quarter of fiscal year 2025, powered by soaring demand for its AI-focused products and technologies.
Key Financial Highlights:
Revenue: $26.04 billion, up 262% year-over-year and 18% from the previous quarter.
Net...
New York Mayor Proposes First-Ever Bitcoin-Backed Municipal Bonds in U.S. History
In a groundbreaking move, New York City Mayor Eric Adams has proposed issuing the first Bitcoin-backed municipal bonds in U.S. history — a bold initiative aimed at modernizing public...
In a surprising twist, Elon Musk has publicly denied claims made by Telegram CEO Pavel Durov regarding a supposed $300 million partnership between Musk’s AI company xAI and the popular messaging platform Telegram.
Conflicting Announcements
Earlier this week, Pavel Durov made...
In a bold and unprecedented move, U.S. Vice President J.D. Vance has publicly acknowledged owning Bitcoin, describing cryptocurrencies as a strategic hedge against inflation and a tool for financial freedom in an era of growing economic uncertainty.
Speaking at the...
. Interest Rate Policy: Balancing Growth and Inflation
The Federal Reserve decided to keep interest rates unchanged, signaling a cautious and data-dependent approach. This decision reflects:
A desire to avoid putting additional pressure on economic growth, especially amid signs of slowing...
In a bold and unprecedented move, SharpLink Gaming, a U.S.-based digital sports betting and gaming company, has raised $425 million through a private placement. The goal? To allocate a significant portion of its corporate treasury into Ethereum (ETH), making...
Reddit co-founder Alexis Ohanian has joined a unique initiative aiming to acquire TikTok’s U.S. operations. The effort, known as “The People’s Bid for TikTok,” seeks to keep the popular video app under American ownership while giving more control to...
