Alphabet Inc.’s Google will spend $9 billion in Virginia by 2026 to strengthen its cloud and AI infrastructure. The move underlines how big tech is racing to keep up with global demand for computing power. The announcement was made on August 27, 2025, in a blog post and through official statements in Virginia. The investment
Philippine Senator Bam Aquino wants the country’s national budget placed on a blockchain platform, a move he said would make every peso spent traceable by citizens. “No one is crazy enough to put their transactions on blockchain, where every single step of the way will be logged and transparent to every single citizen. But we
It seems likely that history will place 2025 as the year crypto went mainstream, not least thanks to the United States embracing digital assets. Re-engaging with its innovative roots, the US has launched a bid to become the “crypto capital” of the world, and as a result, we are seeing institutions becoming increasingly interested in
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
Incogni, a digital privacy firm, conducted a study on American and Chinese platforms harvesting sensitive data from Europeans. Despite alleged digital protection laws, these apps can circumvent them. Blockchain technology could fix these problems, but the internet’s dominant forces are going in the opposite direction. It’ll be a hard fight. Digital Privacy Violations In Europe
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