Flowdesk secures full broker-dealer license in Dubai, months after EU MiCA approval
Flowdesk’s dual regulatory approvals in Dubai and the EU enhance its global market reach, fostering institutional trust and compliance in crypto. The post Flowdesk secures full broker-dealer license in Dubai, months after EU MiCA approval appeared first on Crypto Briefing....
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AIG CEO says AI data center boom is straining property and casualty insurers
The AI data center boom challenges insurers to innovate risk management, potentially reshaping insurance markets and capital strategies. The post AIG CEO says AI data center boom is straining property and casualty insurers appeared first on Crypto Briefing....
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CoreWeave expects Q2 revenue near $2.55B, doubling year over year
CoreWeave’s revenue surge highlights the growing demand for AI infrastructure, signaling a shift in tech investment priorities and market dynamics. The post CoreWeave expects Q2 revenue near $2.55B, doubling year over year appeared first on Crypto Briefing....
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Sam Altman holds $1B stake in Reddit with 12.2M shares, despite owning zero equity in OpenAI
Altman’s Reddit stake highlights the potential for significant wealth accumulation through strategic long-term investments in tech companies. The post Sam Altman holds $1B stake in Reddit with 12.2M shares, despite owning zero equity in OpenAI appeared first on Crypto Briefing....
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TRON reports $88B in circulating USDT, $2.1T in transfers for Q2
TRON’s dominance in stablecoin transfers highlights its growing role in crypto finance, but challenges in DeFi and diversification remain. The post TRON reports $88B in circulating USDT, $2.1T in transfers for Q2 appeared first on Crypto Briefing....
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Internet Computer (ICP) Rebounds 10% Weekly: What’s Happening and What’s Next?
The leading cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), experienced substantial volatility over the past week, ultimately posting minor gains. ICP – the utility token of Internet Computer – outperformed all top 10 digital assets within that period, and some believe it could be gearing up for a much...
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EToro reports second quarter crypto loss even as total profit beats estimates
The trading platform’s gross crypto revenue fell to $1.35 billion in the second quarter. It also agreed to buy U.S. brokerage TradeZero for up to $231 million....
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Bank of America cuts onsemi price target despite profit surge
Despite a price target cut, onsemi’s strategic positioning in AI and electrification sectors suggests robust long-term growth potential. The post Bank of America cuts onsemi price target despite profit surge appeared first on Crypto Briefing....
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Elon Musk highlights memory as AI’s biggest bottleneck, impacting Micron and SanDisk
The AI industry’s growth may be hindered by memory supply constraints, granting significant market power to key memory producers. The post Elon Musk highlights memory as AI’s biggest bottleneck, impacting Micron and SanDisk appeared first on Crypto Briefing....
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India reports 18% drop in retail option trader losses after regulations
Regulatory measures reduced overall losses but increased average losses per trader, highlighting the need for further investor education. The post India reports 18% drop in retail option trader losses after regulations appeared first on Crypto Briefing....
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