Crypto News
Nvidia Shares Edge Lower After Earnings Beat; Cryptocurrencies Little-Changed
Nvidia (NVDA) reported stronger-than-expected earnings for the second quarter on Wednesday, posting revenue of $46.7 billion, a 56% increase from a year earlier. The results underscore the chipmaker’s role at the center of the AI boom, as demand for its high-powered processors showed little sign of slowing.Shares of the company fell 1.7% in after-hours trading, with some noting data center revenue as a bit soft at $41.1 billion against estimates of $41.29 billion.AI-linked tokens such as Internet Computer (ICP), NEAR Protocol, and Bittensor (TAO) showed little reaction to the news, trading roughly flat from prior to the results.Bitcoin (BTC), ether (ETH) and XRP (XRP) knee-jerked lower on the news, but quickly retraced those losses, showing roughly no net movement from...
Treasury Sanctions Crypto IT Scam Spanning North Korea, Russia, and China
The sanctions implicate entities first targeted by the Biden administration for their role in stealing crypto from American companies via elaborate scams.Source link
Metaplanet to Expand Bitcoin Treasury With $881 Million Capital Raise
Metaplanet will raise $881 million (¥130.3 billion) through an international share sale, using most of the proceeds to buy bitcoin. The move would expand its BTC holdings by $837 million and strengthen its position as Japan’s leading bitcoin treasury company. Japan’s Metaplanet Plans Massive Bitcoin Buy From New International Offering Metaplanet, a Tokyo Stock Exchange-listedSource link
Moon or Doom: Solana Surge Leads Crypto Rebound—Where Does SOL Go Next?
Could Solana be headed for a new all-time high? Users on the Myriad prediction market are becoming increasingly bullish.Source link
‘Vibe Hacking’: Criminals Are Weaponizing AI With Help From Bitcoin, Says Anthropic
Anthropic released a report about how bad actors are using AI to "vibe hack," running attacks in real time and demanding Bitcoin ransoms.Source link