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Stay up to date on the latest crypto trends with our expert, in-depth coverage.

JPMorgan, MUFG close to $22B deal for 1,200-acre data center for AI demand
JPMorgan, MUFG close to $22B deal for 1,200-acre data center for AI demand

Share link:In this post: JPMorgan and Mitsubishi UFJ Financial Group are negotiating a $22 billion loan to finance a data center campus in Texas for Vantage Data Centers. The total investment for the campus is projected at $25 billion, with additional equity financing of $3 billion from private capital groups Silver Lake and DigitalBridge. The demand for data centers is surging as companies like xAI and Meta are raising billions to support their AI infrastructure.

Cryptopolitan·2025/08/20 22:15
Trump makes preparations to fire Federal Reserve governor Lisa Cook
Trump makes preparations to fire Federal Reserve governor Lisa Cook

Share link:In this post: Trump demanded Federal Reserve Governor Lisa Cook resign over mortgage fraud allegations. Bill Pulte accused Cook of claiming two homes as her primary residence to get better loan terms. Pulte wants the Justice Department to investigate and says there is clear cause for removal.

Cryptopolitan·2025/08/20 22:15
Judge deals blow to Libra victims after unfreezing seized $57M, questioning plaintiffs’ case
Judge deals blow to Libra victims after unfreezing seized $57M, questioning plaintiffs’ case

Share link:In this post: A judge has unblocked crypto assets belonging to Hayden Davis and Ben Chow, who promoted the Libra meme coin. Argentine President Javier Milei promoted the Libra meme coin in February, but it crashed within hours. Milei continues to distance himself from the scandal, even dissolving the task force investigating the matter.

Cryptopolitan·2025/08/20 22:15
Hong Kong Firm Adds $483 Million to Bitcoin Treasury
Hong Kong Firm Adds $483 Million to Bitcoin Treasury

Hong Kong’s Ming Shing Group will acquire 4,250 Bitcoins for $483 million through convertible notes and warrants, aiming to diversify assets, capture digital currency gains, and complement its construction services business in Hong Kong and beyond.

BeInCrypto·2025/08/20 21:00
Fed Says Bank Employees Should Hold Minimal Crypto
Fed Says Bank Employees Should Hold Minimal Crypto

TheCryptoUpdates·2025/08/20 19:55
Flash
  • 07:35
    Limited Upside for the US Dollar as the Federal Reserve Faces Challenges
    According to ChainCatcher, citing Jintou News, Commerzbank stated that given the challenges faced by the Federal Reserve, the upside potential for the US dollar is limited. Federal Reserve Chair Jerome Powell may find it difficult to strike a balance between appropriate monetary policy and political demands, resulting in a challenging and volatile environment for the dollar. In addition, President Trump has repeatedly called for interest rate cuts and criticized Powell's cautious approach to policy easing. On Monday, the dismissal of Federal Reserve Governor Lisa Cook sparked new concerns about the Fed's independence.
  • 07:26
    BTTC launches Validator Partner Mechanism to achieve node governance upgrade
    According to ChainCatcher, BTTC has officially launched its Validator Partner Mechanism, marking a strategic upgrade based on its original independent validator model. This mechanism supports multi-address collaborative operation of validator nodes, offers highly flexible staking ratio configurations and intelligent revenue distribution solutions, and achieves fully automated execution through on-chain smart contracts. The mechanism establishes a transparent, trustworthy, and fully decentralized reward distribution system. This upgrade signifies that BTTC has entered a new stage of development in node governance, while further strengthening its synergy with the TRON ecosystem.  
  • 07:21
    MAGNE.AI completes $10 million strategic financing
    ChainCatcher reported that the AI + Web3 native intelligent hardware project MAGNE.AI has announced the completion of a $10 million strategic financing round. Investors in this round include several globally renowned institutions such as Castrum Capital, DuckDAO, TB Ventures, and Becker Ventures. The funds raised will be mainly used for: Accelerating the development of L1 + L2 dual-chain architecture and building native Web3 infrastructure for mobile devices Promoting the mass production and optimization of AI + blockchain security chips Expanding global markets and ecosystem development As the world's first AI + Web3 native smartphone, MAGNE.AI aims to achieve a deep integration of hardware, blockchain, and AI, creating a new generation of mobile-first decentralized entry points.
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