Broadcom unveils custom chip for OpenAI, challenging Nvidia’s dominance
Broadcom’s custom chip for OpenAI could diversify the AI hardware market, challenging Nvidia’s dominance and potentially lowering costs. The post Broadcom unveils custom chip for OpenAI, challenging Nvidia’s dominance appeared first on Crypto Briefing....
Read More
Westinghouse secures $17.5B in DOE loans for ten AP1000 reactors across five sites
The DOE’s $17.5B loan for AP1000 reactors could significantly boost US nuclear capacity, but hinges on substantial private investment and risk management. The post Westinghouse secures $17.5B in DOE loans for ten AP1000 reactors across five sites appeared first on Crypto Briefing....
Read More
Scientist questions Microsoft’s quantum computing claims in Nature paper
Microsoft’s unproven quantum claims highlight the challenges and skepticism in advancing topological quantum computing commercially. The post Scientist questions Microsoft’s quantum computing claims in Nature paper appeared first on Crypto Briefing....
Read More
Tech rout spills into crypto as Bitcoin nears the $60K danger zone
The tech selloff’s impact on crypto highlights its vulnerability to broader market sentiment, challenging its role as a diversification tool. The post Tech rout spills into crypto as Bitcoin nears the $60K danger zone appeared first on Crypto Briefing....
Read More
Standard Chartered initiates Aave coverage with $3,500 target for 2030
Standard Chartered’s coverage of Aave signals a shift in institutional perception, potentially legitimizing DeFi as a sustainable financial model. The post Standard Chartered initiates Aave coverage with $3,500 target for 2030 appeared first on Crypto Briefing....
Read More
Kraken incubated Ink upgrades to Optimism’s fully managed infrastructure
The deal signifies a shift towards managed blockchain infrastructure, highlighting a trend of outsourcing operational tasks to focus on innovation. The post Kraken incubated Ink upgrades to Optimism’s fully managed infrastructure appeared first on Crypto Briefing....
Read More
Bitcoin falls to $60,000 as AI trade continues to draw investor interest and capital
South Korean memory chip giant on Wednesday filed to raise nearly $30 billion in a U.S. offering....
Read More
Crypto Long & Short: Infrastructure is the prevailing currency in digital assets
In this week’s Crypto Long & Short, Nonco’s Caue Teixeri makes the case that regardless of which coin ultimately wins, infrastructure is the prevailing currency in digital assets. Then, using CoinDesk’s liquidation feed, Liquibit Capital’s Alen Pavlović finds that June’s forced selling peaked near $68,000, days before bitcoin actually...
Read More
Kalshi launches Zcash and SHIB perps as lawsuit heats up
Kalshi has expanded its CFTC-regulated crypto perpetuals lineup to 13 digital assets after launching new contracts tied to Zcash, Near Protocol, and Shiba Inu, while legal battles over the platform’s products continue to intensify. According to Kalshi’s latest listings, the…...
Read More
Santander plans up to 3,000 early retirements in Spain amid AI shift
Santander’s AI-driven restructuring highlights the growing trend of automation reshaping workforce dynamics, impacting job security and cost efficiency. The post Santander plans up to 3,000 early retirements in Spain amid AI shift appeared first on Crypto Briefing....
Read More