FTX’s crypto mining venture is now used to advance AI
The defunct exchange acquired a 20% stake in Genesis Digital Assets before FTX declared bankruptcy in November 2022. Source:Cointelegraph
Why Ciena, Lumentum and other optical stocks were among the market’s biggest losers on Monday
The sharp moves could partly be a reaction to recent cautious commentary on AI spending. Source:MarketWatch
Meta is back on the AI leaderboard with its new family of Wonder models
The company’s stock was up more than 3% following the release of Muse Wonder and Muse Wonder Full, which analysts expect to drive new business opportunities.…
Trump’s ‘energy ceasefire’ collides with real-world problems of dwindling fuel supplies
Oil markets were struggling on Monday to gauge how President Donald Trump’s new declaration of an “energy ceasefire” between Russia and Ukraine might help…
Bitcoin miners face widening AI financing costs as lenders scrutinize deals
The Bitcoin mining industry needs roughly $50 billion to complete planned AI infrastructure projects, with IREN, Riot Platforms and HIVE Digital facing major…
These stocks could be the future winners — and losers — of a massive shift in IT spending
As more money flows toward AI software offerings, Salesforce could deepen its customer relationships while Adobe looks vulnerable, analysts say.…
Bitcoin drops 2.2% as Ukraine, Iran strikes send oil toward one-month high
Bitcoin price action stayed rangebound after failing to sustain above $84,000 into the Wall Street open on rising oil prices. Source:Cointelegraph
Palantir's Europe head warns the region is 'missing the boat' on AI just as it did with the internet
The Palantir UK chief said the U.S. is racing ahead on enterprise AI while Europe hesitates, and explained why he thinks the company faces intense political…
Micron makes a statement with the latest clue about its cash windfall
A new disclosure about Micron’s buyback plans appears meant to show shareholders that Micron is more generous with cash than one of its key rivals, an analyst…
Tokenized catastrophe bonds target the disaster-insurance gap
A planned Bermuda issuance would put legal ownership onchain and seek capital for disaster risks that remain costly to insure. Source:CoinDesk
Standard Chartered offers RLUSD custody in Dubai and plans LMAX collateral link
Ripple previously gave LMAX $150 million in financing to integrate RLUSD into its institutional infrastructure. Source:CoinDesk
Ledger claims CryptoBilis cases are limited as up to $93M is traced, $10M frozen
Ledger said every confirmed case involves devices sold by the Southeast Asian reseller, but critics say the hardwarewallet maker must answer for an authorized…