Cryptocurrency
Americans are heating their homes with bitcoin this winter
As winter’s chill settles in across the U.S., and electricity bills become a bigger budgeting issue, most Americans will rely on their usual sources of warmth, such as home heating oil, natural gas, and electric furnaces. But in a few cases, crypto is generating the heat, and if some of the nascent crypto heat industry’s […]
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Alibaba cross-border arm plans AI subscriptions and stablecoin-like payments with JPMorgan
Key Points Alibaba plans to use “tokenization” of payments for cross-border transactions in its business-to-business arm. Kuo Zhang, president of Alibaba.com told CNBC the company would work with JPMorgan, which has its own tokenization technology. The cross-border e-commerce unit also launched new AI features to help connect suppliers and buyers on its global platform. Alibaba […]
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Google’s decade-long bet on custom chips is turning into company’s secret weapon in AI race
Sopa Images | Lightrocket | Getty Images Nvidia has established itself as the undisputed leader in artificial intelligence chips, selling large quantities of silicon to most of the world’s biggest tech companies en route to a $4.5 trillion market cap. One of Nvidia’s key clients is Google, which has been loading up on the chipmaker’s […]
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Cathie Wood trims her bitcoin bull case on threat of stablecoins taking some market share
Ark Invest’s Cathie Wood has trimmed her most bullish forecast for bitcoin, acknowledging that the rapid rise of stablecoins is taking on a role she once thought bitcoin would fill. “Stablecoins are usurping part of the role that we thought bitcoin would play,” Wood, CEO and chief investment officer of Ark, said Thursday on CNBC’s ” […]
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Beyond QR codes: The Indonesian unicorn driving Southeast Asia’s digital payments evolution
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Indonesian fintech unicorn Xendit is helping reshape Southeast Asia’s payment landscape by offering Stripe-like infrastructure tailored to the region’s unique challenges. In this episode of CNBC’s “Beyond the Valley,” Xendit co-founder and Chief Operating Officer Tessa Wijaya joins Arjun Kharpal at the […]
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Robinhood doubles revenue as it beats third-quarter earnings expectations
Robinhood beat Wall Street expectations for the third quarter on Wednesday, extending a hot streak that has made it one of the biggest large-cap U.S. tech stocks this year. Here is how Robinhood’s results compared to Wall Street estimates, according to analysts surveyed by LSEG: Earnings per share: 61cents vs. 53 cents expected Revenue: $1.27 […]
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Fintech Ripple gets $40 billion valuation after $500 million funding
Brad Garlinghouse, CEO of Ripple, speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, U.S., May 4, 2022. Mike Blake | Reuters Digital assets and infrastructure company Ripple said Wednesday it has raised $500 million in funding, lifting its valuation to $40 billion. The fundraise comes after a slew of acquisitions and […]
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Bitcoin retail investor at ‘max desperation,’ says Bitwise CIO, but crypto winter not coming
Crypto World Bitcoin retail investor at ‘max desperation,’ says Bitwise CIO, but crypto winter not coming Published Tue, Nov 4 20257:07 PM ESTUpdated 13 Min Ago Krysta Escobar WATCH LIVE Source
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Appeals court dubious of FTX founder Bankman-Fried’s conviction challenge
Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, arrives at court as lawyers push to persuade the judge overseeing his fraud case not to jail him ahead of trial, at a courthouse in New York, August 11, 2023. Eduardo Munoz | Reuters The judges in a federal appeals court in New York on Tuesday […]
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Binance CEO dismisses claims the firm boosted a Trump crypto venture ahead of CZ pardon
Richard Teng, chief executive officer of Binance, during the DC Blockchain Summit in Washington, DC, U.S., on Wednesday, March 26, 2025. Bloomberg | Bloomberg | Getty Images Binance CEO Richard Teng has dismissed claims that the cryptocurrency exchange helped boost a Trump-backed stablecoin before former CEO Changpeng Zhao received a presidential pardon. The claims in […]
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