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Nvidia deepens Japan robotics push while cutting Asian chip distributors
Nvidia (NASDAQ: NVDA) has announced that ten of Japan’s largest industrial names, including FANUC, Fujitsu, Sony Group and SoftBank Corp., plan to build robots and factory systems on its physical AI software. This announcement comes in spite of the fact that Nvidia is halving its approved distributor list across Asia to keep advanced GPUs out...Cryptopolitan
2 hours ago
Users were warned before Polychain-backed Cascade suffers $1.3M exploit
Cascade, a Polychain-backed perpetuals platform, has informed users in its Discord that its main vault has been drained of over $1.3 million in USDC. It wrote, “Cascade detected a security exploit affecting our CLS vault, resulting in a loss of approximately $1.3M in user funds. We immediately paused all trading and withdrawals while we investigate.”...Cryptopolitan
2 hours ago
TikTok fights to maintain reputation amid Ofcom investigation, AI content avalanche
TikTok is under formal investigation by the UK’s internet watchdog over how children are tricking the age filters on the platform. Ofcom says that TikTok’s approach to age verification is not enough, as it uses “age inference” to estimate age through the behavior on the app. The regulator says it lacks what the law requires. Kate...Cryptopolitan
2 hours ago
Hyperion DeFi backs Skew with 500K HYPE on Hyperliquid
On Wednesday, Hyperion DeFi (NASDAQ: HYPD) announced that it will lend 500,000 staked HYPE tokens worth about $33.6 million to Skew Technologies with the purpose of putting up the collateral that Hyperliquid needs to open new institutional futures markets. The deal underlines the potential of public crypto treasury companies to start making money from rented...Cryptopolitan
3 hours ago
Researchers say traders may have been manipulating Polymarket’s five-minute BTC bets
A new study suggests traders may be manipulating Polymarket’s five-minute Bitcoin bets to swing wagers their way. Researchers at Stanford University and Singapore Management University said they examined roughly 16,000 of Polymarket’s five-minute Bitcoin contracts for two months, finding signs that traders may have been manipulating spot price on Binance. “In the final seconds before...Cryptopolitan
3 hours ago
Paymonade secures MiCAR license to continue fiat settlement business in Euro Area market
Paymonade has secured a MiCAR license from the Liechtenstein Financial Service Authority, gaining access to 30 countries in the Euro Area with no restrictions on trading, as well as crypto and fiat operations.Cryptopolitan
3 hours ago
Hyundai to take full control of Boston Dynamics
Hyundai Motor Group is planning to take full control of Boston Dynamics by acquiring the remaining stake held by SoftBank. The group said Thursday that SoftBank exercised a put option to offload its remaining stake in Boston Dynamics under an existing agreement between the two companies, Korea Times reported. Hyundai first bought into the U.S....Cryptopolitan
4 hours ago
Pyth Network Price Forecast: PYTH gains momentum amid extended Coinbase support
Pyth Network (PYTH) recovers nearly 5% on Thursday, approaching the $0.05000 psychological mark. The Wednesday release of SK Hynix and Lumentum perpetual futures on Coinbase, powered by Pyth Network, lifts retail demand.Fxstreet
4 hours ago
After over $156 trillion in trades nine years, Binance turns the spotlight on its users
Binance is currently celebrating its ninth anniversary, and the largest crypto exchange by market cap chose the occasion to publicize that its registered users have now crossed 323 million, which it calculates as roughly 43% of everyone in the world who owns cryptocurrency.To mark the occasion, Binance is running a campaign called “Built by You”...Cryptopolitan
5 hours ago
Cardano Price Forecast: Whale accumulation, van Rossem hard fork update support recovery prospects
Cardano (ADA) trades slightly lower around $0.161 on Thursday after a mild rejection the previous day. Despite the price pullback, on-chain data show that wallets holding ADA tokens are accumulating, signaling growing confidence among large investors.
Fxstreet
5 hours ago
Apple AI deal sends Alibaba and Baidu shares higher on China integration plans
Shares of Alibaba and Baidu climbed on Tuesday after Apple secured regulatory approval to roll out Apple Intelligence in mainland China. The approval clears a major hurdle for the iPhone maker’s long-awaited AI expansion in the world’s largest smartphone market. The approval confirms that the iPhone maker will rely on local partners Alibaba and Baidu...Cryptopolitan
6 hours ago
Pi Network Price Forecast: PI holds at key support amid mainnet upgrade announcement
Pi Network (PI) price continues to maintain a consolidative tone on Thursday, halting the prevailing declining trend near a descending support trendline around $0.0730. The announcement of the upcoming mainnet upgrade to the Stellar Protocol version 25 helps limit the selling pressure.Fxstreet
9 hours ago
ASML says AI chipmaking bottlenecks are beginning to ease as it expands capacity
On Wednesday (July 15), ASML announced to investors its intention to boost production capacity by 30% in each of the coming two years, and to increase its forecast revenues for 2026 for the second time already this year. This suggests that the machinery for making advanced AI chips may no longer serve as the tightest...Cryptopolitan
9 hours ago
AI demand frames TSMC’s Q2 earnings as chip supply stays tight
Taiwan Semiconductor Manufacturing Company (TSMC), the contract producer of most advanced AI chips in the world, reports on its second quarter earnings today (July 16). The results could serve as one of the clearest indicators of how the AI boom is shifting the semiconductor industry since the production capabilities of TSMC still define the level...Cryptopolitan
10 hours ago
SpaceX stock slips under its IPO price as listing hype cools
Shares of SpaceX went below their offer price of $135 on Wednesday for the very first time since its IPO in June, demonstrating that no record-setting IPO can remain untouched once the excitement of the first day of trading has passed. Anyone who purchased the stock after its IPO might find the ride painful. On...Cryptopolitan
12 hours ago
xAI sues Grok user over explicit deepfakes of minors
Elon Musk’s xAI has taken a South Carolina man to federal court in Texas, accusing him of using the Grok chatbot to create sexually explicit deepfakes of minors, marking the very first time an AI company will sue one of its own users over content generated using its platform. The defendant, Terry Harwood, was arrested...Cryptopolitan
13 hours ago
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Micron (MU) Stock Crashes Below $910 as China’s CXMT Plans an $8.5B IPO; Is the DRAM Bull Cycle Cracking?
TSMC (TSM) Stock Forecast: June Revenue Up 68%, Q2 Earnings Tomorrow; Is $438 the Next Stop?
IBM (IBM) Stock Forecast: Down 25% After Q2 Warning; Is $213 the Floor?
Intel Slumps Over 5%, $100 Level at Risk: BofA Warns Its Server CPU Share Will Be Cut in Half
Japan and South Korea Stocks Hammered at Open: KOSPI Tumbles 5%, SK Hynix Plunges 9%, Samsung, Kioxia and SoftBank Follow Lower
