Curated news coverage, institutional background, regulatory filings, and investigative reporting across RDU Global.
Bitcoin has rebounded to approximately $84,000 after briefly surpassing $86,000, buoyed by positive ETF inflows and a stabilizing economic outlook. Experts weigh in on the implications for the cryptocurrency market.
Bengaluru startup Astrobase Technologies has emerged as one of the first beneficiaries of IN-SPACe's Rs 500 crore Technology Adoption Fund, a milestone that underscores India's growing private-space ambitions. Founded by IIT Bombay classmates Neeraj Khandelwal and Devakumar Thammisetty, the company is building an indigenous propulsion stack anchored by its full-flow staged combustion engine Everest, with an eye on reusable launch systems and a much larger national launch capacity.
Crusoe has abandoned its ambitious $1.25 billion plan to integrate Boom Supersonic's turbines into its AI data centers. This decision reflects shifting priorities in the rapidly evolving tech landscape.
The Federal Reserve Board has opened a public comment period on two proposals aimed at creating a regulatory framework for payment stablecoin issuers. This initiative is part of the broader GENIUS Act, which seeks to enhance oversight in the rapidly evolving digital currency landscape.
British AI infrastructure company Nscale has raised $3.36 billion in convertible financing as it prepares for an initial public offering later this year, underscoring the enormous capital demands of the global AI data center boom. The round was led by hedge fund Third Point and includes $1 billion from Nvidia, with the notes set to convert into equity after the IPO closes.
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