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SK Hynix is making record profits due to the increasing demand for AI chips, particularly from Nvidia. This performance has propelled it past its competitor, Samsung, in the high-end memory space. SK Hynix reported a major boost in Q2 earnings following rising demand for its AI-focused memory chips. The South Korean firm reported an operating […] Source: cryptopolitan.com (Read Full Article)
Mara to raise up to $1B for Bitcoin and operations via debt sale
Mara Holdings announced plans to offer up to $1 billion in zero-interest convertible notes, with proceeds earmarked for repurchasing debt, buying Bitcoin and corporate expenses. Source: cointelegraph.com (Read Full Article)
Bitcoin grabs bid liquidity as BTC price dip targets include $113K
Bitcoin price action targets waiting $117,500 liquidity in a volatile Wall Street open, while record open interest sparks warnings of crypto market “froth.” Source: cointelegraph.com (Read Full Article)
Men accused in New York crypto torture case out on bail
The suspects allegedly held an Italian man hostage for weeks in a Manhattan townhouse, beating him and demanding access to his Bitcoin wallet. Source: cointelegraph.com (Read Full Article)
Societe Generale to make markets in 21Shares Bitcoin, Ether ETPs
Societe Generale will provide liquidity for 21Shares’ Bitcoin and Ethereum ETPs, expanding access for institutional crypto investors in Europe. Source: cointelegraph.com (Read Full Article)
Ether Machine founder claims ETH outperformed BTC over past 10 years
Ether Machine’s Andrew Keys said he’s an Ethereum maxi and doesn’t own Bitcoin. He’d “rather have an iPhone than a landline.” Source: cointelegraph.com (Read Full Article)
Societe Generale to make markets in 21Shares Bitcoin, Ether ETPs
Societe Generale will provide liquidity for 21Shares’ Bitcoin and Ethereum ETPs, expanding access for institutional crypto investors in Europe. Source: cointelegraph.com (Read Full Article)
DeFi Development Corp hits 999,999 SOL, Solana soars 12%
DeFi Development Corp CEO Joseph Onorati said the company has no plans to expand its treasury with other crypto. Meanwhile, Solana crossed the $200 mark on Tuesday. Source: cointelegraph.com (Read Full Article)
PancakeSwap Infinity launches on Base as L2 network hits record TVL
PancakeSwap Infinity, the latest version of the DEX, has launched on Coinbase’s Base network as its TVL and DEX activity hit all-time highs. Source: cointelegraph.com (Read Full Article)
Goldman Sachs, BNY to offer tokenized money market funds for clients
Goldman Sachs and BNY will allow institutions to access tokenized money market funds with 24/7 settlement and blockchain-based ownership tracking. Source: cointelegraph.com (Read Full Article)