OpenSea is preparing to introduce perpetual contracts on its platform, signaling a move beyond its core NFT marketplace. Product Marketing Lead Zack Brenner confirmed that the feature will be powered by Hyperliquid, a well-known on-chain derivatives platform. This integration would allow OpenSea users to trade crypto derivatives without owning the underlying assets, broadening the platform's offerings. While no launch date or full details have been announced, this development follows delays in OpenSea's SEA token rollout and hints at a strategy to combine NFT trading with broader crypto financial products.
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...
Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...
ERock, Inc. received a buy rating due to its innovative modular natural-gas power systems that help data centers avoid long waits for permanent grid power. The company has a strong $1.3 billion backlog supported by customer deposits, providing clear ...
IBM's business model remains strong despite a 7% decline in mainframe infrastructure revenue, supported by loyal legacy customers and solid free cash flow. Software growth, especially an 11% increase in Red Hat revenue, helps offset mainframe challen...
BMW is recalling 29,119 plug-in hybrid sedans due to a potential fire risk caused by corrosion in the engine starter's electrical relay. This defect can lead to a short circuit and overheating even when the vehicle is parked with the ignition off. Th...
