SpaceX has expanded its partnership with NVIDIA to power Starmind, a proposed network of orbital data centers designed to process artificial intelligence workloads in space. Summary SpaceX will use NVIDIA’s Vera Rubin platform for its planned Starmind satellite network. The company has requested FCC approval for up to one million orbital data-center satellites. NVIDIA says
BNY is adding Galaxy’s staking infrastructure to its digital asset custody platform, giving eligible institutional clients access to custody and staking through one servicing model. Summary Galaxy will provide institutional staking through BNY’s Digital Asset Custody platform. The service remains subject to regulatory review and will be limited to eligible clients. BNY is also developing
Bybit has secured an Electronic Money Institution license in Austria, allowing its local payments subsidiary to offer regulated electronic money and payment services across the European Union. Summary Austria’s FMA granted Bybit Payments GmbH an EMI license on Aug. 4. The license covers electronic money issuance and several regulated payment services. Bybit EU GmbH will
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP ETF inflows surpass $1.5 billion as investors increasingly explore alternative strategies, including EX DeFi cloud mining, for long-term crypto exposure. Summary XRP ETF inflows surpass $1.5B as institutional demand grows and investors explore
Democratic senators Elizabeth Warren and Richard Blumenthal have asked the SEC to investigate whether the TRUMP meme coin facilitated fraud or improper enrichment after its value collapsed 98% from its peak. Summary Warren and Blumenthal urged the SEC to investigate possible fraud involving the TRUMP token. Nearly 989,000 wallets lost a combined $3.81 billion, according
BitGo has replaced LayerZero with Chainlink CCIP for $7.3 billion WBTC cross-chain transfers. Summary BitGo has selected Chainlink CCIP as the exclusive cross chain provider for its $7.3 billion Wrapped Bitcoin ecosystem, replacing LayerZero. The migration brings the total value of announced LayerZero to Chainlink CCIP transitions to about $14.6 billion. BitGo said the new
Bitcoin rose about 1.6% to trade near $63,700 on Aug. 4 after CNBC host Jim Cramer said he planned to sell his holdings because of concerns about quantum computing. Summary Cramer said he plans to sell Bitcoin after IBM chief Arvind Krishna raised quantum concerns. Bitcoin traded near $63,700, gaining 1.6% despite Cramer’s warning and
Coinbase will transfer institutional clients’ International Exchange accounts, balances and open positions to Deribit on Sept. 9, with trading expected to pause for about 30 minutes during the cutover. Summary Coinbase will migrate institutional International Exchange accounts, balances and positions to Deribit on September 9. Clients declining the transfer must close positions and accounts before
Nigeria’s revenue authority has issued detailed crypto tax rules requiring exchanges and P2P marketplace operators to collect, report and remit taxes arising from virtual asset transactions. Summary Platforms must withhold 1% from taxable crypto disposals, while stablecoin sales remain exempt under guidelines. Staking, mining, airdrops and DeFi rewards may face 10% withholding when classified as
Jump Capital has closed its eighth institutional fund with $350 million in capital commitments, with the new vehicle dedicated to backing founders building AI applications, enterprise infrastructure, and cybersecurity technologies. Summary Jump Capital has closed its eighth institutional fund with $350 million to invest in AI applications, infrastructure, and cybersecurity. The firm said enterprise AI
