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Citigroup is considering offering custody services for stablecoin and crypto ETF collateral, exploring stablecoins as a viable option to improve payment systems.
Share link:In this post: Tesla’s sales in Norway have surged despite growing discontent among Norwegians regarding Elon Musk’s political stance. SpaceX’s BTC holdings have crossed the $1 billion mark again. Tesla’s deep ties in Norway influence its consistent sales numbers, but it is slowly losing its dominance as more rivals make headway.
Share link:In this post: Elon Musk says Google currently has the highest probability of leading AI due to its compute and data advantage. Google will invest $9 billion in Oklahoma to expand AI and cloud infrastructure over the next two years. The plan includes a new Stillwater data center campus and expansion of its Pryor facility.
Share link:In this post: Hon Hai Precision Industry (Foxconn) reported a 27% increase in Q2 profits, driven by sales in its AI server business. The company reported a net income of NT$44.36 billion for the period, surpassing an average analyst projection of NT$36.14 billion. It also expects significant growth in Q3 and the rest of the year.
Share link:In this post: US PPI jumped 3.3% in July, the highest annual gain since February. Monthly PPI rose 0.9%, blowing past the 0.2% forecast. Service costs surged, led by machinery wholesaling and portfolio fees.
Share link:In this post: The EU is preparing a 19th sanctions package against Russia, targeting next month for adoption. Trump will meet Putin in Alaska without Zelenskyy, raising concern among European and Ukrainian officials. Trump warned of “very severe consequences” if Putin refuses to pursue a ceasefire.
- 02:08Data: Addresses holding between 100 and 10,000 ETH increased their holdings by 218,470 ETH in the past weekChainCatcher news, cryptocurrency market analysis firm Santiment released data on social media indicating that Ethereum whales and sharks holding between 100 and 10,000 ETH are finally showing some confidence. From October 5 to 16, this group sold 1.36 million ETH, but in the past week, they have bought back nearly one-sixth (218,470) of that amount, which is a positive signal for Ethereum.
- 01:57INTERPOL arrests 19 suspects in Africa for illegal use of virtual assets and seizes $260 million in terror-related fundsChainCatcher news, according to Decrypt, INTERPOL and AFRIPOL have arrested 83 people in a joint operation targeting terrorist financing and its support for illegal activities across six African countries, with 19 individuals arrested for the "illegal use" of virtual assets. During the two-month operation, authorities from participating countries screened more than 15,000 related individuals and entities, uncovering approximately $260 million in fiat and virtual currencies potentially linked to terrorist activities. About $600,000 has been seized so far, and further investigations are underway to trace and recover more assets.
- 01:45A certain whale address increased its holdings by 1,030 BTC worth $114 millions after being dormant for 3 months.According to Jinse Finance, OnchainLens monitoring shows that after being dormant for 3 months, a certain whale address received 1,030 BTC from FalconX, worth $114.35 million.