Search results for "RACE"
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04:13

Haun Ventures CEO: Mastercard's $1.8 Billion Acquisition of Stablecoin Company, AI Agents to Drive Demand Growth

Katie Haun pointed out in an interview that the global payments sector is facing an arms race, with Mastercard entering the stablecoin market through its $1.8 billion acquisition of BVNK. Meanwhile, the CFTC and SEC jointly released guidance, and Congress urgently needs to advance the CLARITY Act. She believes AI will increasingly participate in trading, with stablecoins serving as the foundational infrastructure supporting this transformation.
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06:56

Privacy AI Race Heats Up: Venice Launches End-to-End Encryption Model, VVV Token Rises 10% in One Day

Venice launches new crypto AI interface with end-to-end encryption and trusted execution environment, emphasizing "verifiable privacy." VVV token price surged approximately 10% as a result. The project has strengthened data security, though some features are limited by unencrypted data, currently available only to Venice Pro users.
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13:41

Moody's Warning: AI Race Poses Major Financial Risks, $662 Billion Not Yet Included in Tech Giants' Balance Sheets

The report released by Moody's states that the technology industry is competing to build artificial intelligence infrastructure, with the five major cloud service providers committing up to $662 billion in future data center leasing, which has not yet been reflected on their balance sheets. These implicit liabilities could significantly impact companies' financial positions and credit ratings in the future.
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09:38

Governments Worldwide Participate in Bitcoin Mining: VanEck Reveals National-Level Hashrate Deployment, BTC Moving Toward a Strategic Asset

February 13 News, as the Bitcoin network continues to expand, a global "invisible race" around computing power is underway. According to the latest disclosures from VanEck, several countries are no longer just regulating but are actively participating in Bitcoin mining through direct or indirect means. This shift indicates that Bitcoin is gradually evolving from a grassroots digital asset into a piece of infrastructure with national strategic significance. From an economic perspective, mining is increasingly seen as a tool for energy monetization. For countries with surplus hydropower, geothermal, or idle electricity generation capacity, converting electricity into Bitcoin offers a more resilient way to output value. Instead of purchasing digital assets on the open market, governments prefer to "native acquire" Bitcoin through their own hash power to build long-term digital reserves, which has practical implications in the geopolitical financial landscape.
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06:27

Crypto PAC Fairshake bets $5 million on Senate race, Trump endorses Barri Moore

February 11 News, according to Bloomberg, the cryptocurrency Super PAC Fairshake's affiliate organization, Defend American Jobs, plans to spend approximately $5 million to support pro-cryptocurrency candidate Barri Moore's campaign for U.S. Senate. The five-week campaign will run political ads on television and cable media, with Trump also publicly endorsing her, quickly making this election a key indicator of U.S. cryptocurrency policy battles. Super PACs can raise funds from corporations and associations but cannot donate directly to candidates. Instead, they influence voters through independent advertising and media campaigns. Fairshake stated that Moore is committed to economic growth and supports making the U.S. a "global crypto innovation hub," and therefore, industry forces should rally behind her.
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09:14

Regulated banks in Singapore enter the stablecoin race: SGB connects fiat currency with USDT and USDC interoperability

On February 2, news came out that Singapore's Gulf Bank (SGB) announced the launch of a new regulated fiat-stablecoin interoperability service, allowing institutional clients to mint, exchange, hold, and trade stablecoins within a single compliant platform. This service will be deployed on its proprietary clearing network SGB Net, supporting the circulation of mainstream stablecoins such as USDT and USDC across multiple blockchain networks, and can be directly integrated with fiat settlement systems. SGB stated that the current stablecoin management process remains complex, and institutions face high friction costs in compliance, custody, and clearing. CEO Shawn Chan pointed out that the bank's goal is to provide a unified infrastructure for traditional finance and digital assets, enabling seamless movement of funds between on-chain and off-chain.
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