24/7 Blockchain industry dynamics and breaking crypto news
The US Dollar Index closed marginally lower by 0.01% at 99.159 on August 27, exhibiting minimal movement. This near-flat performance indicates a cautious market stance as traders await fresh catalysts from upcoming economic data and policy developments.
Read MoreAll three major U.S. stock indices closed higher, led by tech stocks. The Nasdaq jumped 1.57%, the S&P 500 and Dow also gained. Nvidia soared 8.7%, adding massive value. Cybersecurity firm CrowdStrike surged 21%, marking its best day since going public. The storage sector showed mixed performance.
Read MoreA report claims crypto projects linked to former President Trump and his family have caused at least $4.7 billion in investor losses since 2022, primarily through governance tokens, NFTs, and specific digital assets. The findings are fueling calls to include ethics provisions in upcoming cryptocurrency regulation.
Read MoreIran's top security official Rezaei warned that Tehran will retaliate against any escalation of economic tensions and target US economic interests in the region. He stated Iran is prepared for a new phase of conflict, where future warfare would differ significantly from past conflicts, suggesting US economic pressure reveals the failure of military options.
Read MoreIran's top security official denies reports of a plot to assassinate former U.S. President Trump's youngest son, calling the claims 'false.' The statement comes after U.S. authorities flagged a controversial video aired on Iranian state TV. The incident highlights ongoing tensions between the two nations.
Read MoreA Trump administration executive order to create a new AI regulatory body has reportedly stalled. Despite internal circulation of a draft, progress has halted in recent weeks. This delay could further slow the development of a federal AI governance framework in the United States.
Read MoreNVIDIA is reportedly forming an employee-funded U.S. Political Action Committee named NVPAC, aiming to systematically engage in political activities and support tech policy initiatives. This move signals a strategic shift for tech giants as AI and chip export controls become central to U.S. policy debates.
Read MoreOver 100 leading tech and financial firms, including OpenAI, Anthropic, Google, and Microsoft, have issued a joint call urging organizations and governments to prioritize cybersecurity. They warn of a surge in sophisticated AI-driven attacks and emphasize the need to secure existing systems and equip defenders with AI tools and training.
Read MoreSivers Semiconductors reports its revenue opportunity pipeline has surged to approximately $1.2 billion, a 268% increase. The company is transitioning from engineering services to volume production, with key customer projects expected to ramp up in 2027, marking a pivotal shift in its business model.
Read MoreThe Trump administration has refused to revive a June understanding with Iran, opting for economic pressure instead. The deal, which collapsed after ship attacks, offered sanctions relief in exchange for Strait of Hormuz access and nuclear talks. Iran demands US compliance, with both sides preparing for possible escalation.
Read MorePresident Trump stated he is "not at all concerned" about potential Russian aggression against NATO, dismissing reports that CIA Director Ratcliffe's Moscow visit was a warning. The meeting between US and Russian intelligence chiefs occurred amid rising European security tensions, raising questions about NATO's collective defense commitments.
Read MoreOn August 28th, NVIDIA's stock saw unprecedented trading activity right from the opening bell. Within just 2 hours and 20 minutes, trading volume surged past $33.5 billion, eclipsing the chipmaker's typical full-day turnover and highlighting intense market focus.
Read MoreThe President of the Polish Olympic Committee was arrested in a bribery investigation linked to a cryptocurrency exchange. The probe involves luxury watches, a major sponsorship deal, and separate allegations against the exchange for fraud and inaccessible user funds totaling millions.
Read MoreAnonymous Q&A social game Chomp has raised $3.6 million in a round led by Jsquare and Blueyard. The game captures user perspectives through interactive predictions, with its anonymized data also being applied to AI training and consumer research, creating a novel model for gamified data collection.
Read MoreAI startup Hark has entered a multi-year strategic partnership with NVIDIA. The collaboration focuses on developing personalized AI agent technologies, with plans to deploy gigawatt-scale computing power on NVIDIA's upcoming Vera Rubin platform, aiming to accelerate the evolution of deeply personalized AI applications.
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