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AMD to raise $4 to $5 billion in debt offering
Chip manufacturing giant AMD is preparing a debt offering of about $4 billion to $5 billion in what would be its largest investment-grade bond sale ever. The chipmaker aims to acquire fresh cash for its AI expansion from this sale, while adding to the increasing pile of debt in the tech sector. Sale in four...Cryptopolitan
Thu, Aug 13
BubbleMaps flags XST as a rug risk after 99% wipeout warning
On-chain analytics firm BubbleMaps has warned that XST, a memecoin spreading fast through TikTok, has roughly 74% of its supply bundled in a small cluster of wallets. BubbleMaps, which is popular for giving warnings right before some brutal crashes, has told buyers to skip the token. Is it safe to invest in the TikTok-viral XST?...Cryptopolitan
Thu, Aug 13
Michael Saylor defines digital assets along monetary spectrum
Strategy (NASDAQ: MSTR) chairman Michael Saylor has mapped Bitcoin, two of his company’s yield products, and Tether onto a single monetary scale. Observers are saying Saylor is trying to tell investors which digital assets to hold for growth and which to hold for stability; however, he did not confirm it. Four labels, one sliding scale...Cryptopolitan
Thu, Aug 13
SK Hynix workers launch unified union due to stalled wages
SK Hynix workers launched a fourth labor union on Wednesday, merging production and office staff from multiple worker regions into a single body that will speak for a majority of the chipmaker’s about 35,000 employees. The union aims to work towards rescinding a proposed plan to pay workers’ bonuses in restricted company stock instead of...Cryptopolitan
Thu, Aug 13
Dogecoin Price Prediction: DOGE reclaims $0.07 support as whales step in
Dogecoin (DOGE) edges above the daily open, trading above $0.070 as of Thursday. While this uptick offers a positive signal, DOGE continues to trade within a broader bearish context, down approximately 12% from its July peak of $0.079.
Fxstreet
Thu, Aug 13
Databricks hits $190 billion valuation after $5 billion funding round
Data and AI platform Databricks has finalized a $5 billion financing round at a $190 billion valuation on Thursday, cementing its place among the most valuable private tech firms. The AI company’s CEO, Ali Ghodsi, has also argued that artificial general intelligence, going by an older definition, is already here. Databricks valuation and underlying revenue...Cryptopolitan
Thu, Aug 13
Cerebras stock plummets after mixed quarterly results tests AI narrative
AI firm Cerebras Systems saw its stock fall as much as 17% in after-hours trading on Wednesday even with the chipmaker beating Wall Street’s expectations on most metrics and raising its full-year revenue forecast. The reaction is important for investors in the AI infrastructure industry, as it helps in assessing if top AI infrastructure names...Cryptopolitan
Thu, Aug 13
Monaco submits bill to align crypto rules with EU's MiCA regime
Monaco’s government is attempting to scrap the Principality’s 2022 crypto law and rebuild its rules for crypto-asset service providers around the European Union’s Markets in Crypto-Assets Regulation (MiCA). The government filed Bill No. 1131 in early August, and if approved, it would change the licensing requirements for firms that offer crypto services, while the regulators...Cryptopolitan
Thu, Aug 13
UK FCA and HTX in settlement talks over illegal crypto promotions
The UK’s Financial Conduct Authority (FCA) and the HTX (formerly Huobi) exchange have started talks to settle a lawsuit that accuses the Justin Sun-backed platform of illegally marketing crypto to UK consumers, according to court filings on Thursday. HTX lawsuit first of its kind The lawsuit that dragged HTX to London’s High Court in October...Cryptopolitan
Thu, Aug 13
Best AI SDR & AI Sales Tools in 2026: What Works, What’s Hype
In September 2024, a startup called 11x from London announced a $24 million Series A led by Benchmark. Nine months later, a $50 million Series B led by Andreessen Horowitz was announced. The entire pitch was centered around AI “digital workers” that would complete the job of a sales development rep. Then on March 24,...Cryptopolitan
Thu, Aug 13
Schwab turns on crypto for 40 million accounts at 0.75% a trade
Roughly 40 million brokerage accounts can now trade Bitcoin (BTC) and Ethereum (ETH) directly on Charles Schwab as of August 13, according to Forbes. The report, building on the firm’s Q2 call that described its crypto rollout as “going as planned,” is the newest branch of a tree that was first planted in May, when...Cryptopolitan
Thu, Aug 13
South Korea sentences Delio CEO to 15 years over crypto deposit fraud
A South Korean court has sentenced Delio’s chief executive Jeong Sang-ho to 15 years in prison for virtual-asset deposit fraud. The sentencing comes roughly three years and two months after Delio abruptly froze customer withdrawals in June 2023. How was the operator of Delio punished? The 11th Criminal Division of the Seoul Southern District Court,...Cryptopolitan
Thu, Aug 13
Lenovo’s $26.9B quarter hints at AI’s next spending wave
Lenovo announced Q1 FY2026/27 quarterly revenue of $26.94 billion. This turns out to be an increase of 43% compared to last year, beating analyst estimates. However, Gartner estimated that global spending on AI will reach $2.59 trillion by 2026, a 47% rise compared to last year. The larger context lies in what Lenovo’s results indicate...Cryptopolitan
Thu, Aug 13
Crypto Today: Bitcoin, Ethereum, XRP remain sluggish amid mixed ETF flows
The cryptocurrency market continues to trade sideways on Thursday, with Bitcoin (BTC) struggling to reclaim the $64,000 level. Ethereum (ETH) is attempting to build momentum near the key $1,900 resistance, while Ripple (XRP) maintains support above $1.00, yet upward movement remains limited.
Metaplanet makes BitBonds announcements as CEO knocks back BTC sales rumors
Metaplanet (TYO: 3350) has issued the first bonds under its new BitBonds program, moving on barely one day after rumors broke that the firm might be the latest BTC treasury gearing up for a sale from its reserve. In the continuation of what has been a busy day of disclosures for CEO Simon Gerovich’s firm,...Cryptopolitan
Thu, Aug 13
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