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Nvidia Commits $683M to Nscale to Power UK’s Sovereign AI Ambitions

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Nvidia Commits $683M to Nscale to Power UK’s Sovereign AI Ambitions In a move underscoring both strategic calculation and geopolitical foresight, Nvidia has pledged $683 million to Nscale, a United Kingdom‑based AI infrastructure company spun out of cryptocurrency miner Arkon Energy in May 2024. According to reports, Nvidia CEO Jensen Huang described the investment as a central component of efforts to scale the UK’s AI infrastructure. Under the partnership, Nscale is expected to deploy up to 60,000 Nvidia GPU... Coinatory cryptocurrencies news

Binance in Talks to End DOJ Compliance Monitor Early

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Binance in Talks to End DOJ Compliance Monitor Early Binance is reportedly in negotiations with the U.S. Department of Justice (DOJ) to lift a key oversight provision tied to its $4.3 billion settlement agreement reached in 2023. If successful, the move could significantly reduce ongoing regulatory pressure on the world’s largest cryptocurrency exchange. The discussions center on the potential early termination of an independent compliance monitor, a condition imposed for a three-year period fo... cryptocurrency news

Binance in Talks to End DOJ Compliance Monitor Early

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Binance in Talks to End DOJ Compliance Monitor Early Binance is reportedly in negotiations with the U.S. Department of Justice (DOJ) to lift a key oversight provision tied to its $4.3 billion settlement agreement reached in 2023. If successful, the move could significantly reduce ongoing regulatory pressure on the world’s largest cryptocurrency exchange. The discussions center on the potential early termination of an independent compliance monitor, a condition imposed for a three-year period fo... Coinatory

Circle Expands Role in Hyperliquid via USDC Deployment and HYPE Stake

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Circle Expands Role in Hyperliquid via USDC Deployment and HYPE Stake Circle, the issuer behind USD Coin (USDC), has expanded its strategic footprint in the decentralized finance (DeFi) sector by deploying native USDC on Hyperliquid and acquiring a stake in the network’s native token, HYPE. The company is also evaluating the potential to join the network’s validator set—an increasingly competitive arena in blockchain governance. Following its public listing on June 5, Circle has taken decisive steps to broaden ... Coinatory cryptonews

Ethereum’s Upside Potential: How High Could ETH Climb Post-Fed Cut?

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Ethereum’s Upside Potential: How High Could ETH Climb Post-Fed Cut? Ethereum has stabilized above a key technical threshold as traders overwhelmingly bet on a Federal Reserve rate cut. With a 96% probability of easing priced in by markets, the spotlight is now on whether monetary policy shifts could propel Ether to new highs. Following a recent high near $4,766, Ether (ETH) has pulled back approximately 5.7%, currently trading around $4,500. The decline reflects broader caution ahead of the Federal Reserve’s ... Ethereum’s Upside Potential: How High Could ETH Climb Post-Fed Cut?

Coinbase Dismisses ‘Deposit Erosion’ Concerns Over Stablecoins as a Myth

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Coinbase Dismisses ‘Deposit Erosion’ Concerns Over Stablecoins as a Myth Coinbase has pushed back against claims that stablecoins are draining U.S. bank deposits, dismissing the idea of “deposit erosion” as an unfounded myth. In a statement published Tuesday, the crypto exchange argued that there is no evidence linking stablecoin adoption to a systemic outflow of bank deposits, particularly at the community banking level. Stablecoins Are Payment Tools, Not Savings Accounts The company emphasized that stablecoin... crypto news today

Next Technology Plans $500M Stock Sale to Expand Bitcoin Holdings

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Next Technology Plans $500M Stock Sale to Expand Bitcoin Holdings Next Technology Holding Inc., China's largest corporate holder of Bitcoin, has announced plans to raise up to $500 million through a public stock offering, signaling a deepening commitment to its digital asset strategy. The Nasdaq-listed software firm intends to use the proceeds primarily for general corporate purposes, which may include acquiring additional Bitcoin. With 5,833 Bitcoin currently on its balance sheet—valued at approximately $6... cryptonews today

Polkadot DAO Imposes 2.1B DOT Cap, Reshaping Tokenomics Strategy

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Polkadot DAO Imposes 2.1B DOT Cap, Reshaping Tokenomics Strategy Polkadot’s decentralized governance body has approved a pivotal tokenomics shift, formally capping the total supply of its native DOT token at 2.1 billion. The decision, passed through a community referendum, marks a definitive move away from an inflationary model that previously allowed for unlimited annual token issuance. Under the old framework, approximately 120 million DOT tokens were minted each year without a fixed supply ceiling. Cont... Coinatory crypto news