A growing number of AI labs are turning to neoclouds for their computing needs. These companies, including CoreWeave and Nebius, rent out Nvidia GPUs to power artificial intelligence workloads. What sets some of them apart is their origin: several started out mining cryptocurrency before pivoting to AI infrastructure.
Would you trust a former crypto mining firm to run your AI workloads?
Fireblocks has pushed back against a report claiming Visa was in talks to acquire the crypto custody firm for $2.5 billion. The company told Cointelegraph that the story is “not true at present time,” while Visa declined to comment on the matter. That leaves the status of any potential deal unclear for now.
What would a Visa acquisition of a crypto firm mean for the industry?
SoFi Bank has introduced SoFi Earn, a new tokenized deposit product that offers a 4.40% annual percentage yield. The deposit comes with FDIC coverage. Account holders can convert their funds into stablecoins at any time, day or night.
Would you trust a bank-issued tokenized deposit over a regular savings account?
Thailand's Securities and Exchange Commission has confirmed that several asset managers have approached the regulator for consultations about launching spot crypto ETFs. The SEC stated it cannot yet confirm whether the first such funds will debut in 2026, as no formal applications have been filed.
Would a local crypto ETF make you more likely to invest in digital assets?