Nvidia (NVDA) reported stronger-than-expected earnings for the second quarter on Wednesday, posting revenue of $46.7 billion, a 56% increase from a year earlier. The results underscore the chipmaker’s role at the center of the AI boom, as demand for its high-powered processors showed little sign of slowing. Shares of the company fell 1.7% in after-hours
VersaBank, a Canadian digital bank with a focus on business clients, has started testing a tokenized deposit that the bank says provide a safer and more compliant alternative to stablecoins. The pilot, run through the bank’s U.S. subsidiary VersaBank USA, will trial a U.S. dollar version of the bank’s blockchain-based Digital Deposit Receipts (DDRs) tech.
As user interactions continue to increase in the cryptocurrency market, the list of projects with the most active users on a weekly basis has been published. This data represents the number of unique addresses performing revenue-generating transactions on a project’s app or blockchain. The metrics are calculated using a 7-day moving average. Here are the
Nvidia, one of the world’s largest companies in artificial intelligence and chip production, has approved an additional $60 billion share buyback program. The company’s second-quarter results were also in line with market expectations. Nvidia reported Q2 revenue of $46.7 billion, slightly above the market estimate of $46.23 billion. Data center revenue, the company’s largest business,
Research-driven crypto firm Delphi Digital and institutional staking platform Chorus One have teamed up to launch a new institutional-grade validator on Solana. Summary Delphi Digital and Chorus One have joined the Solana validator list. The platforms have partnered to launch an institutional-grade validator to support Solana security and decentralization. Validators earn rewards from protocol rewards,
Key Takeaways Dominari Holdings has established a Crypto Advisory Board to drive its digital asset expansion. Industry leaders Sonny Singh and Tristan Chaudhry have been appointed as the board’s inaugural members. Dominari Holdings, a New York-based financial services firm backed by Eric Trump and Donald Trump Jr., announced Wednesday the formation of a new Crypto
Alphabet recently unveiled a new blockchain called the Google Cloud Universal Ledger (GCUL), some features of which appear to put it in direct competition with Ripple Labs’ XRP Ledger (XRPL). The $2.5 trillion internet giant stamped its own brand on it and name-dropped other heavyweights on its debut, including the world’s largest options and futures
Tokenization platform Securitize has predicted that Ethereum will be the future hub for real-world asset (RWA) markets, pointing to the blockchain’s dominance in institutional adoption and its potential to capture a multi-trillion-dollar opportunity. In a guest thread posted on Ethereum’s X account, Carlos Domingo, CEO and founder of Securitize, pointed out the tokenization market’s growth