On March 21st, according to the Wall Street Journal: US President Donald Trump will announce a multi-billion dollar fighter jet program, and the new fighter jets will replace the F-22, which could cost hundreds of millions of dollars each. Trump and Defense Secretary Hegseth are expected to announce the decision at the White House on Friday.
According to the Financial Times, Nvidia's CEO has said that hundreds of billions of dollars will be invested in U.S. chip manufacturing over the next four years.
According to Decrypt, the US Bankruptcy Court has approved the liquidator of hedge fund ThreeArrows Capital (3AC) to expand its claim against FTX to $1.53 billion, rejecting objections from FTX debtors who said the move was untimely and unfair.
Tencent is accelerating the promotion of large-scale model applications. The reporter recently learned that Tencent recently purchased a batch of new chips from NVIDIA. In order to deliver orders to Tencent on time, NVIDIA H20 chips are in short supply. A person close to NVIDIA said that Tencent's order amount is about billions of yuan. As of now, Tencent has not responded to this. An Alibaba Cloud person told reporters that according to his understanding, Tencent purchased a large number of H20...
On March 12th, according to Dragonfly's latest Airdrop Status Report 2025, US users have missed out on huge cryptocurrency airdrop gains due to geographical restrictions. The report analyzes data from 12 airdrop projects (11 geographically restricted projects and 1 unrestricted control project) between 2019 and 2023, and estimates that there are 920,000 to 5.20 million active US users (accounting for...
Canaan Technology announced that it has entered into a securities purchase agreement with an institutional investor to provide total proceeds of up to $200 million through the A-1 Series preference share financing. The first payment of the preference share financing was completed on March 10, 2025, and the first payment of $100 million has been received. It is expected to receive an additional $100 million related to the second payment in the near future, subject to certain terms and conditions.
On March 10, Avalon Labs announced that it had successfully obtained a minimum credit line of $2 billion, which was provided by a well-known consortium in Asia, marking an important milestone in institutional lending in the crypto industry. This historic breakthrough is not only an important milestone in the institutionalization of DeFi, but also highlights the strategic position of Bitcoin in the global financial system. Avalon Labs will use this credit support to provide institutions with inst...
The Department of Justice has announced coordinated action with Germany and Finland to shut down the online infrastructure used to operate cryptocurrency exchange Garantex, which allegedly facilitated money laundering and sanctions violations for transnational criminal organizations, including terrorist organizations, and has processed at least $96 billion in cryptocurrency transactions since April 2019. Two executives of Garantex have been charged with allegedly operating a multi-billion dollar...
OpenAI and Oracle (ORCL. N) are considering acquiring billions of dollars' worth of Nvidia chips for Stargate in the coming months, according to market sources.
Market News: Rezolve Ai Launches Groundbreaking 1 billion Dollar Bitcoin Treasure to Drive the Future of Artificial Intelligence-Driven Cryptocurrency Commerce.
Cryptocurrency project Ethena has now raised $100 million to fund the launch of a similar token for the traditional Financial Institution Group. According to a person familiar with the matter, the financing, which was not previously reported, was completed in December and attracted investors including Franklin Templeton and F-Prime Capital, a venture capital firm owned by Fidelity Investments.
The net purchase amount of southbound funds reached 11 billion yuan.
According to official news, recently, the Bybit exchange was stolen 1.50 billion US dollars, and the security issues of the Web3 industry have once again attracted attention. For example, there are a lot of phishing and account theft in Telegram, resulting in the loss of a large number of users' assets. A recently released distributed social platform, Luffa, aims to build the most secure decentralized encrypted communication platform. Luffa can avoid the above-mentioned risks of centralized serv...
Cryptocurrency exchange Bybit's Ethereum cold wallet was emptied by hackers (believed to be from North Korea's Lazarus Group) after a nearly $1.50 billion hack, with a total outflow of more than $5.50 billion. Bybit CEO Ben Zhou commented on the incident, highlighting the impact of loan coverage, user support, and the temporary shutdown of Safe Wallet. The cause of the hacking attack is still unknown, and Bybit is investigating whether the problem was on their laptop or on the computer.