Georgia Power seizes homes for $16B data center expansion, and residents are furious
The expansion risks public backlash, regulatory hurdles, and financial strain on ratepayers if AI demand projections fall short. The post Georgia Power seizes homes for $16B data center expansion, and residents are furious appeared first on Crypto Briefing....
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MoonPay launches MoonPay Trade to pull banks into DeFi and tokenized assets
MoonPay is launching MoonPay Trade, a new institutional platform that promises banks and fintechs unified access to tokenized assets, DeFi protocols and stablecoin liquidity across more than 200 blockchains. According to CoinDesk, MoonPay introduced on May 21 MoonPay Trade as a…...
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Nvidia CEO Jensen Huang acknowledges Huawei’s dominance in China’s AI chip market
US export restrictions inadvertently bolstered Huawei’s AI chip dominance, reshaping global tech dynamics and challenging Nvidia’s market position. The post Nvidia CEO Jensen Huang acknowledges Huawei’s dominance in China’s AI chip market appeared first on Crypto Briefing....
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Drift Protocol Insurance Fund opens for withdrawals ahead of relaunch
Drift Protocol’s relaunch highlights the importance of robust recovery frameworks and transparency in rebuilding trust after major exploits. The post Drift Protocol Insurance Fund opens for withdrawals ahead of relaunch appeared first on Crypto Briefing....
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ECB’s Olli Rehn sees few signs of entrenched inflation in eurozone
The ECB’s cautious stance on inflation suggests potential stabilization in monetary policy, impacting future economic growth and market dynamics. The post ECB’s Olli Rehn sees few signs of entrenched inflation in eurozone appeared first on Crypto Briefing....
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XRP whale collects $224,500 betting on $1.40 through June
An XRP whale collected $224,500 in options premiums betting the token stays near $1.40 through June 26. An XRP whale executed a short strangle on Deribit on May 21, selling 1.5 million contracts each of the $1.40 call and put…...
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Stargate powers Superform Swap for multi-chain token funding with single signature
Superform Swap’s streamlined multi-chain token funding could enhance DeFi efficiency, reduce costs, and improve security for investors. The post Stargate powers Superform Swap for multi-chain token funding with single signature appeared first on Crypto Briefing....
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Federal Reserve’s Barkin warns repeated supply shocks are testing the inflation anchor
Persistent supply shocks risk unanchoring inflation expectations, potentially prompting the Fed to adopt tighter monetary policies, impacting markets. The post Federal Reserve’s Barkin warns repeated supply shocks are testing the inflation anchor appeared first on Crypto Briefing....
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Richmond Fed’s Barkin says current policy well-positioned for shocks
The Fed’s cautious stance may stabilize markets, but frequent supply shocks could challenge its ability to manage inflation without stifling growth. The post Richmond Fed’s Barkin says current policy well-positioned for shocks appeared first on Crypto Briefing....
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Why JPMorgan says tokenized funds can’t beat stablecoins
JPMorgan says tokenized funds make up just 5% of the stablecoin market despite offering higher yield. JPMorgan published a report on May 21 finding tokenized funds account for just 5% of total stablecoin market supply despite offering higher yield. The…...
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