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Nvidia Just Grew By $329 Billion In A Single Day


Nvidia started as a humble graphics card maker. Now it’s riding the tech industry’s AI obsession to absurd new heights. The company added $329 billion to its market cap on Wall Street today after a record-breaking day of stock trading, Bloomberg reports.Read more

Tether Posts $5.2 Billion Profit in First Half of 2024


Tether Holdings Limited reported a record-breaking net profit of $5.2 billion for the first half of 2024, according to its latest assurance opinion for the second quarter. The report, conducted by BDO, highlighted Tether’s increased exposure to U.S. Treasury bills and a significant rise...

US Government Transfers $2 Billion in Bitcoin to Unknown Wallet


According to onchain data, a Department of Justice (DOJ) labeled bitcoin wallet transferred 29,799.99 BTC, valued at just over $2 billion. This move by the U.S. government follows Germany’s sale of its bitcoin and a growing belief among U.S. politicians that seized coins should be held...

Mt. Gox Moved Bitcoin Worth $2.8 Billion in the Last 6 Hours


Mt. Gox, a Japanese crypto exchange, continued its Bitcoin payment plan to creditors today. According to on-chain data from Arkham Intelligence, Mt. Gox moved Bitcoin worth $2.805 billion in four hours. Mt. Gox continues its Bitcoin payment plan  Earlier today, the exchange transferred 37,477...

Crypto-Friendly Revolut Targets $45 Billion Valuation in Upcoming Share Sale


Revolut, the crypto-friendly digital bank, is reportedly planning to sell $500 million of employee shares, targeting a staggering valuation of $45 billion. This move is seen as a significant step towards a potential Initial Public Offering (IPO). Revolut’s progressive approach to cryptocurrencies...

EU to Send Ukraine 1.4 Billion Euros From Frozen Russian Assets


The European Union (EU) is set to provide Ukraine with 1.4 billion euros ($1.52 billion) in military aid, sourced from the interest on frozen Russian assets. This decision, announced by EU High Representative for Foreign Affairs and Security Policy Josep Borrell during a Council on Foreign Affairs...

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