Kraken parent adds 24/7 dollar settlement with Singapore Gulf Bank
The partnership will enable select institutions in Asia and the Gulf region to instantly settle US dollar transactions through the bank’s SGB Net…
BNY in talks with Kraken parent Payward over infrastructure partnership
The potential agreement could span digital assets, custody, trading, payments and other financialmarket infrastructure. Source:CoinDesk
Amazon is hiking chip-rental prices and reportedly moving Nvidia processors off the balance sheet
In a sign of the financing crunch facing the hyperscalers financing the AI revolution, Amazon has announced it is raising prices on how much it charges to rent…
Oracle has reportedly signed a $7 billion deal with Tencent. It could provide relief for the troubled stock.
Tencent signed a fiveyear deal which allows it to access artificialintelligence chips not previously available in the country, according to the Financial…
A tough job market is pushing more young Americans to make a big bet: on themselves
There has been a rise in entrepreneurship among young Americans as the entrylevel labor market has become tougher to join. Source:MarketWatch
The SEC Is finally modernizing transfer-agent rules. Wall Street must not repeat the ‘paperwork crisis’
If ownership data is split across a token wrapper, a specialpurpose vehicle (SPV), a broker’s internal ledger and a transfer agent's offchain database, we are…
XRP Ledger starts carrying fund records from Brazil operator overseeing $4 trillion
The regulated operator is mirroring ownership of selected investment funds on XRPL while keeping its existing database as the official record. Source:CoinDesk
Could SpaceX be worth $12 trillion one day? Citi says Starship gets it a step closer.
The recent Starship launch helps SpaceX with a number of priorities that could help its stock reach $900 over the long run, an analyst says. Source:MarketWatch
Here’s where TSMC is reportedly eyeing a second U.S. site for a chip-making hub
Taiwan Semiconductor Manufacturing Co., the Taiwanese contract chipmaker that makes semiconductors for Nvidia among others, is reportedly eyeing a second site…
AMD makes a big bet on the next era of AI with World Labs acquisition
The chip maker is buying the startup and adding AI pioneer FeiFei Li as its chief scientist. Source:MarketWatch
PepsiCo plans to raise prices on sodas, chips and dip — and that has Wall Street worried
TD Cowen analysts flagged the company’s “shifting narrative on affordability” as a risk. Source:MarketWatch
SpaceX is moments away from monumental Starship launch
The company is getting closer to making the rocket fully reusable. Source:MarketWatch