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OpenAI Seeks Major Funding Boost, Aiming for $100 Billion Valuation

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

29.08.2024 16:30 1min. read Alexander Stefanov

Coinbase Invests in 40 Startups Founded by Former Employees

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

29.08.2024 16:00 1min. read Alexander Stefanov

Institutional Interest in Crypto Expected to Push Market Value Over $10 Trillion by 2030

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.

29.08.2024 12:30 1min. read Alexander Stefanov

OpenSea Faces SEC Legal Threat Over NFTs as Securities

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.

29.08.2024 10:30 2min. read Alexander Stefanov

BitMEX CEO Criticizes Federal Reserve’s Approach to Interest Rate Cuts

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.

29.08.2024 10:00 2min. read Alexander Stefanov

Dogecoin Creator Critiques Bitcoin Price Drop and Social Issues with Ironic Tweet

Billy Markus, co-creator of Dogecoin and known on X (formerly Twitter) as Shibetoshi Nakamoto, often engages with social issues and crypto commentary through humor and memes.

29.08.2024 8:00 1min. read Alexander Stefanov

NVIDIA Reports Record Revenue in Q2 2024, Driven by Strong AI Demand

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.

28.08.2024 23:32 2min. read Alexander Stefanov