Binance takes $100M stake in Circle under expanded USDC deal
Circle sold Binance $100 million in stock and agreed to pay monthly incentives under an expanded fiveyear partnership promoting USDC. Source：Cointelegraph
Crypto platform Gemini’s stock is down 80% from its IPO. That’s reviving takeover speculation
The crypto platform’s market value has fallen to about $753 million, putting fresh attention on the licenses, custody infrastructure and customer relationships…
Anthropic tabs Accenture as embedded evaluator to help with AI slowdown proposal
The partnership is nonexclusive, and Anthropic expects to announce other evaluators in forthcoming weeks with which it will also work. Source：Cointelegraph
Two signs investors don’t have to fear an AI slowdown
Neocloud companies CoreWeave and Nebius are signaling strong demand and rising prices for AI chips. Source：MarketWatch
Iran’s Strait of Hormuz toll booth ran through a bitcoin exchange, U.S. says
The U.S. Treasury sanctioned BitBank, a Tehran exchange it says moved hundreds of millions of dollars in bitcoin to the Revolutionary Guards and handled…
The Ondo Finance succession crisis gets messier as Kathleen Allman’s daughter alleges ‘dementia’, alcoholism and reckless spending
The estranged daughter of 77yearold Kathleen Allman has petitioned a Hawaiian court to establish a limited conservatorship to protect her parents’ share of her…
Micron, Intel and other chip stocks are furthering their strong comebacks
Investor fears about an AI spending slowdown and the impact of interestrate hikes are subsiding. Source：MarketWatch
Like Costco, Walmart will sell Medicare Advantage plans
Walmart will sell Medicare Advantage plans as part of a new partnership with a nonprofit health insurer. Source：MarketWatch
Intel’s stock rises as investors hope memory chips can mark the next step in its turnaround
A report says Intel is in early talks with SK Hynix, which is considering some sort of partnership that would enable it to make memory chips in the U.S.…
Oracle’s stock falls for the fifth day in a row — missing out on the AI bounce
Chip stocks linked to OpenAI rebounded a bit on Tuesday, but Oracle shares extended their losses. Source：MarketWatch
SpaceX’s Starship is finally set for orbit. A lot is riding on its success.
Next week, SpaceX plans for Starship to complete six orbits of the Earth during a nearly 10hour flight. Source：MarketWatch
AI stocks are rebounding. One analyst says there’s no spending slowdown in sight.
Customers are signing multiyear deals for chips and more: “That’s not what the front end of a downturn looks like.” Source：MarketWatch