Kraken Launches Regulated Margin Trading Crypto exchange Kraken announced the launch of regulated spot margin trading in the United States, following its recent acquisition of Bitnomial. The move marks a significant step in Kraken’s compliance strategy, providing US investors with more institutional-grade crypto trading tools.
Disney Revenue Beats Expectations, New CEO Charts Growth Path Walt Disney Co. reported quarterly earnings on Tuesday that exceeded Wall Street expectations, with both revenue and profit beating analyst estimates. The new CEO outlined a comprehensive growth strategy during the earnings call, focusing on streaming profitability and global theme park expansion. The streaming division Disney+ showed strong subscriber growth and achieved its first full-year profitability target, marking a significant milestone in the company’s digital content transformation. Theme park and experiences business also maintained steady growth despite macroeconomic uncertainties. ...
Nvidia’s Major Fiber Investment Signals AI Infrastructure Boom Nvidia announced a $500 million investment in Corning to expand fiber optic manufacturing capacity, reflecting the massive demand for high-speed optical interconnect infrastructure driven by AI data center construction. Corning, a global leader in fiber optics and specialty glass manufacturing, plays a critical role in AI clusters. As demand for large model training and inference surges, fiber connection density within data centers is growing exponentially. ...
CNN founder Ted Turner dies at 87 Media mogul Ted Turner, who pioneered the modern 24-hour news culture when he launched the Cable News Network in 1980, has died at age 87. Turner’s media empire also included TBS and TNT. His creation of CNN fundamentally transformed how news is consumed worldwide, establishing the template for round-the-clock global news coverage. Source: CNN / BBC
Colombia wants to mine bitcoin with surplus renewable energy Colombian President Gustavo Petro said the country’s Caribbean coast could host bitcoin mining facilities powered by surplus renewable energy, following a path similar to El Salvador’s. This marks another Latin American nation formally embracing cryptocurrency mining, combining renewable energy infrastructure with bitcoin mining operations. Source: CoinDesk
Core Scientific to acquire bitcoin miner Polaris in $421M AI data center deal Core Scientific announced the acquisition of bitcoin miner Polaris for $421 million. Polaris operates a 40-acre energized data center campus in Oklahoma with 40 megawatts of contracted power through Oklahoma Gas & Electric. The deal marks an acceleration of traditional mining companies transitioning to AI data center infrastructure. Source: The Block
German police raid neo-Nazi criminal youth groups German police have conducted large-scale searches across 12 states targeting far-right neo-Nazi criminal youth groups. Prosecutors say the raids focused mainly on eastern and southern regions of the country, targeting an organized criminal network. This is one of the largest operations against far-right extremism in Germany in recent years. Source: BBC World
Hut 8 shares soar over 30pct after $9.8B AI data center deal Bitcoin miner Hut 8 shares surged over 30 percent after the company secured a $9.8 billion AI data center deal built to NVIDIA specifications. The deal marks the first phase of Hut 8 commercializing its Beacon Point data center campus in Nueces County, Texas. This further validates the market trend of mining companies pivoting to AI infrastructure. Source: The Block ...
Massive Alaska megatsunami was second largest ever recorded A massive megatsunami struck Alaska, confirmed as the second largest ever recorded. New research suggests glacier melt driven by climate change is increasing the risk of giant waves in mountainous coastal regions. Scientists warn that as Arctic and sub-Arctic glaciers continue to retreat rapidly, similar extreme events could become more frequent, posing growing threats to coastal communities. Source: BBC World
NYSE tokenization partners warn synthetic stock tokens could mislead retail NYSE tokenization partners have warned that offshore synthetic stock tokens may not represent the underlying equity, with some projects using company names without approval and exploiting regulatory arbitrage. As tokenized stock products proliferate, investors are urged to be cautious about the risk that these products may be disconnected from actual equity ownership. Source: CoinDesk