Australian regulator gives long-awaited crypto guidance, but concerns remain
The local industry has welcomed the Australian Securities and Investments Commission’s expanded crypto guidance, but resourcing concerns remain. ...
Trump-linked World Liberty to airdrop $1.2M of WLFI tokens to early USD1 users
World Liberty Financial will distribute 8.4 million WLFI tokens across six exchanges, including Gate.io, KuCoin, LBank, HTX Global, Flipster and…
SK Hynix, a critical Nvidia supplier, has already sold out chips for 2026 as AI demand booms
SK Hynix posted record quarterly revenue and profit, boosted by a strong demand for its high bandwidth memory used in…
UBS CEO says strategic investments are paying off as third-quarter profit surges 74%
Swiss banking giant UBS on Wednesday reported stronger-than-expected third-quarter net profit, citing significant momentum in its core businesses. ...
The Fed has a rate cut plus a bunch of other things on its plate this week. Here’s what to expect
The easy part for the Federal Reserve this week will be announcing a rate cut when it wraps up its…
Jensen Huang says Nvidia’s AI chips are now being manufactured in Arizona
Previously, Nvidia's fastest GPUs were solely manufactured in Taiwan. ...
Trump says fentanyl tariff cut, ‘farmers,’ Nvidia chips up for discussion with Xi as China confirms meeting
Trump said he expects to lower fentanyl-linked tariffs on China ahead of a much-anticipated meeting with Chinese Xi Jinping in…
Musk’s new Grokipedia crashes on launch day, hosts nearly 900K articles
Grokipedia crashes hours after launch as Elon Musk's Wikipedia rival debuts with 885,279 articles, many appearing to be copied directly…
Chegg cuts 45% of staff as AI reshapes online learning business
Chegg cuts 45% of workforce as AI disrupts online learning platform. Santa Clara company eliminates 388 jobs amid declining traffic…