AI
SoftBank Group Corp. is reportedly exploring a potential acquisition of DigitalBridge Group Inc., a prominent investor in digital infrastructure and data centers. The move signals SoftBank’s growing ambitions to strengthen its role in the rapidly expanding artificial intelligence sector. While discussions are still in progress and no final agreement
Politics
In a groundbreaking move that’s turning heads across the UK political landscape, Reform UK has received a record-setting £9 million donation from Christopher Harborne, a well-known cryptocurrency investor and early Bitcoin adopter. The contribution—now the largest ever made to a British political party by a living donor—has
Markets
In a landmark shift, Vanguard Group—one of the world’s largest asset managers—is now allowing the trading of cryptocurrency-based exchange-traded funds (ETFs) and mutual funds on its brokerage platform. The policy change, effective Tuesday, marks a significant departure from Vanguard’s historically cautious stance on digital assets and
Markets
Strategy Inc., widely recognized for its vast Bitcoin reserves, is under increasing investor scrutiny as its stock faces pressure and questions mount over the possibility of a crypto asset sell-off. With approximately $56 billion worth of Bitcoin in its portfolio, the company’s shares dipped more than 5% in pre-market
AI
Adani Group, one of India’s largest conglomerates led by billionaire Gautam Adani, plans to invest up to $5 billion in a major new data center project in partnership with Google. The announcement comes from Adani Group Chief Financial Officer Jugeshinder Singh, who revealed that discussions are ongoing as the
Security
South Korean police are delving into a significant security breach at Upbit, the nation's largest cryptocurrency exchange, after hackers drained around 45 billion won—approximately $30 million—in digital assets. Preliminary findings, reported by Yonhap News, suggest the North Korean-linked Lazarus Group may be responsible. The breach, uncovered
AI
The United Arab Emirates is planning to invest $1 billion in artificial intelligence infrastructure and services across Africa, in what is seen as a significant step to support the continent's digital development. Speaking at the Group of 20 summit in Johannesburg, UAE Minister of State at the Ministry
Markets
Sharp corrections in U.S. stock markets and cryptocurrency valuations could pose short-term risks to global financial stability, European Central Bank (ECB) official Álvaro Santos Pereira warned this week. Speaking at the CNN Portugal International Summit in Alcobaça, Pereira underscored the importance of monetary policy flexibility in an increasingly uncertain
Markets
Tom Lee, the co-founder of Fundstrat Global Advisors, is doubling down on his bullish stance toward Bitcoin, predicting the cryptocurrency could reach as high as $200,000 by January 2025. Known for his optimistic outlook and data-driven analysis, Lee’s forecasts have long captured the attention of both Wall Street
Markets
Swiss precious metals leader MKS PAMP SA is making a renewed push into the digital asset space with the relaunch of its gold-backed token, reflecting the growing global appetite for tokenized commodities. The move comes six years after the company’s first digital gold initiative and underscores a broader shift
AI
Brookfield Asset Management has taken a bold step into the fast-growing world of artificial intelligence with the launch of a $10 billion global AI infrastructure fund, developed in partnership with Nvidia and the Kuwait Investment Authority. $NVDA Brookfield Asset Management announced the launch of a $100 billion global AI infrastructure
Markets
El Salvador has expanded its national Bitcoin holdings by more than $100 million, purchasing 1,090 additional tokens during a recent market dip. The move, confirmed by the country’s Bitcoin Office, lifts the nation’s total reserves to 7,474 BTC—valued at just under $700 million. Hooah! pic.