Circle and Finastra announced on Wednesday a partnership to integrate USDC settlement into Finastra’s Global PAYplus platform, which handles more than $5 trillion in daily cross-border payment flows. The deal will let banks settle transactions with USDC while keeping payment instructions in fiat currencies, aiming to reduce costs, speed up transfers, and lessen reliance on
Nvidia reported stronger-than-expected second-quarter results on Wednesday, extending its run as the world’s dominant supplier of AI semiconductors. Yet shares tumbled in extended trading after the company confirmed that it sold no H20 chips to China during the period, reviving concerns over export restrictions and geopolitical risk. The disclosure sent Nvidia’s shares down 3.4% to
Computer chip manufacturer Nvidia reported its financial results for the second quarter of its 2026’s fiscal year, beating Wall Street expectations for revenues and earnings per share (EPS). Nvidia reported Q2 revenue of $46.7 billion, a 6% rise over the previous quarter, and over $26.4 billion in net income. The company’s revenue was up by
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. China’s growing focus on stablecoins is less about embracing crypto and
The Commodity Futures Trading Commission (CFTC) is launching a new surveillance platform in collaboration with Nasdaq to keep tabs on digital asset markets. In a new press release, the regulator says it is amplifying its anti-fraud detection capabilities to ensure the market’s integrity by utilizing Nasdaq’s latest surveillance tech. According to the CFTC, the upgrade
The token for Numerai, a crypto hedge fund that uses artificial intelligence, led a surge in AI-focused digital assets on Wednesday after JP Morgan Asset Management said it was committing $500 million to the project. NMR was up more than 100% over the past 24 hours to trade near $23, according to crypto markets data
VanEck’s crypto-focused ETF has reached $500 million in AUM, with European expansion playing a major role. Summary VanEck Crypto and Blockchain Innovators UCITS ETF reached $500M in AUM The growth of interest in digital assets in Europe played a significant role The fund invests primarily in companies with more than 50% in crypto revenue Institutional
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
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,