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Weekly News

NFL Rivals Announces Partnership with Super Bowl Champions Kansas City Chiefs

  • Post author:
  • Post published:August 30, 2024
  • Post category:Weekly overview

TLDR: NFL Rivals partners with Kansas City Chiefs for 2024 NFL season Partnership includes in-stadium branding and fan sweepstakes NFL Rivals has over 5 million downloads and 115 million games…

Continue ReadingNFL Rivals Announces Partnership with Super Bowl Champions Kansas City Chiefs

Trump’s Fourth NFT Collection Debuts: $2 Million in Sales: Only 5% Sold So Far

  • Post author:
  • Post published:August 30, 2024
  • Post category:Weekly overview

TLDR: Trump launched a new NFT collection called “America First Edition” with 360,000 digital trading cards Only about 5.7% (20,700) of the NFTs have been sold so far, generating over…

Continue ReadingTrump’s Fourth NFT Collection Debuts: $2 Million in Sales: Only 5% Sold So Far

Nvidia Reports Record Q2 Earnings, Stock Dips Despite Strong Performance

  • Post author:
  • Post published:August 30, 2024
  • Post category:Weekly overview

TLDR: Nvidia reported Q2 revenue of $30 billion, up 122% year-over-year Data center business drove growth, bringing in $26.3 billion (154% YoY increase) Q3 revenue guidance of $32.5 billion exceeded…

Continue ReadingNvidia Reports Record Q2 Earnings, Stock Dips Despite Strong Performance

Crypto CEO Stabbed in Seoul Courtroom During $826 Million Fraud Trial

  • Post author:
  • Post published:August 30, 2024
  • Post category:Weekly overview

TLDR: South Korean crypto CEO Hugo Hyungsoo Lee stabbed during fraud trial Lee accused of embezzling $826 million from 16,000 customers Attacker was a former Haru Invest customer Incident occurred…

Continue ReadingCrypto CEO Stabbed in Seoul Courtroom During $826 Million Fraud Trial

OpenAI Seeks New Funding Round at $100 Billion-Plus Valuation

  • Post author:
  • Post published:August 30, 2024
  • Post category:Weekly overview

TLDR: OpenAI in talks to raise funds at over $100 billion valuation Thrive Capital to lead with $1 billion investment Microsoft expected to participate in funding round OpenAI’s annualized revenue…

Continue ReadingOpenAI Seeks New Funding Round at $100 Billion-Plus Valuation

How DOGS Memecoin Brought TON Network to its Knees

  • Post author:
  • Post published:August 30, 2024
  • Post category:Weekly overview

TLDR: TON blockchain experienced two outages within 36 hours due to high demand for new memecoin DOGS DOGS saw a 34% price surge, reaching a market cap over $800 million…

Continue ReadingHow DOGS Memecoin Brought TON Network to its Knees

Solana Restaking Protocol Solayer Secures $12 Million in Funding

  • Post author:
  • Post published:August 30, 2024
  • Post category:Weekly overview

TLDR: Solayer raised $12 million in a funding round led by Polychain Capital The project aims to enhance Solana’s restaking capabilities and address scalability issues Solayer’s approach focuses on decentralizing…

Continue ReadingSolana Restaking Protocol Solayer Secures $12 Million in Funding
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