Others News

OpenAI is seeking a major capital infusion that could push its valuation beyond $100 billion, according to recent reports.

Coinbase, the largest cryptocurrency exchange in the U.S., is continuing its aggressive investment strategy, recently backing 40 new projects.

The Q2 research report by OKX and The Economist reveals that digital assets are rapidly attracting interest from institutional investors, with their market value projected to surpass $10 trillion by 2030.

The NFT marketplace OpenSea has been issued a Wells notice by the U.S. Securities and Exchange Commission (SEC), signaling potential legal action regarding the classification of NFTs as securities.

NVIDIA has announced impressive financial results for the second quarter ending July 28, 2024. The company’s revenue reached $30 billion, marking a significant 15% increase from the previous quarter and an outstanding 122% rise compared to the same period last year. This is also 3.8% higher than expectations.

Telegram CEO Pavel Durov was indicted and placed under judicial supervision by a Paris court on August 28, following his recent arrest on many different charges.

Arthur Hayes, CEO of BitMEX, has voiced concerns about the Federal Reserve’s potential interest rate cuts, highlighting a disconnect between political motivations and sound economic policy.