A Republican candidate for Florida's 22nd Congressional District sold $800,000 worth of Bitcoin to finance his campaign, marking a significant use of digital assets in political fundraising. This move highlights how cryptocurrency is becoming a practical source of campaign funds, especially in competitive races where quick access to cash is crucial. While crypto donations and holdings have appeared in politics before, converting such a large amount into campaign cash is notable and reflects the growing integration of digital assets in mainstream finance. The candidate's identity remains undisclosed, and regulatory frameworks for crypto in campaigns are still evolving, making this a pioneering but complex step in political finance.
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
Alibaba and Baidu shares rose after Apple received approval from China's Cyberspace Administration to include Apple Intelligence, integrating Alibaba's Qwen AI model and Baidu's AI features into Apple devices in China. This partnership allows users t...
Ondo Finance has introduced the first tokenized stock representations backed by DTCC tokenized entitlements, joining major financial firms in a significant tokenization initiative. This move highlights Ondo's unique position in building infrastructur...
