Nvidia Invests $3.5 Billion in MediaTek to Expand Beyond GPUs
The deal, part of MediaTek’s record $3.9 billion bond offering, ties Nvidia’s chip ecosystem to a Taiwanese rival building its own AI accelerator business.
Russia’s Sberbank Sees $46 Billion in Crypto Trading, Plans Ethereum and USDT-Backed Loans
Deputy Chairman Anatoly Popov told state media that trading could hit 4 trillion rubles in its first year, as the bank prepares to broaden crypto-backed lending once regulators sign off.
Strategy’s Bitcoin Is $2.8 Billion in Profit—Is Saylor Teeing Up a Buy?
A Bitcoin rally to around $79,000 lifted the company’s 840,447 BTC roughly $2.8 billion above its cost basis, as Saylor’s “We’re Back” post fueled speculation that Strategy may resume buying.
BitGo Buys NYDIG’s Institutional Trading Arm to Beef Up Derivatives and Financing
The roughly $42.5 million cash-and-stock deal adds derivatives, structured products and capital-markets capabilities, while letting NYDIG focus on its power and data-center business.
XRP Treasury Company Gets One Step Closer to Listing on Nasdaq
Evernorth has gained SEC clearance, teeing up a shareholder vote on its Nasdaq listing—while the firm’s XRP stash sits well below what it paid for it.
Nvidia Shares Surge in After-Hours Trading After Record $96.2 Billion Revenue
The chipmaker doubled quarterly revenue while disclosing $366 billion in future commitments and up to $108.5 billion in guarantee exposure.
Coinbase Brings Tokenized Stocks to Ethereum L2 Base
The tokens represent shares held by regulated custodian Alpaca and can be traded or used in decentralized finance applications on Base.
Strategy Swings From $13 Billion Bitcoin Loss to $1.4 Billion Profit as BTC Rallies
The Bitcoin treasury giant is sitting on roughly $1.4 billion in unrealized gains after Bitcoin climbed above its average acquisition price.
Alibaba’s Revenue Jumps 9% as AI Cloud Growth Hits 45%—But a Profit Plunge Sends Shares Lower
Cloud and AI product revenue accelerated in the June quarter, but a 75% drop in net income extended Alibaba’s run of profit misses to a fifth straight quarter.
Coinbase Adds 50x Crypto Perps to Base App Through Hyperliquid
The Hyperliquid integration gives eligible Base App users access to more than 290 perpetual futures markets.