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Why Trump’s Nvidia-AMD China deal matters far beyond the U.S.
Why Trump’s Nvidia-AMD China deal matters far beyond the U.S.

Share link:In this post: Trump’s 15% revenue deal with Nvidia and AMD lets U.S. AI chips flow to China, affecting global semiconductor trade. The agreement keeps American chipmakers in the Chinese market while pressuring rivals like Huawei. China faces a trade-off between security concerns and its need for U.S. chips to advance AI capabilities.

Cryptopolitan·2025/08/11 19:15
Kazakhstan busts $16 million crypto mining scheme
Kazakhstan busts $16 million crypto mining scheme

Share link:In this post: • Crypto miners use 50 MWh of power intended for other consumers. • Inflicted losses exceed $16 million, Kazakhstan’s financial watchdog estimates. • Kazakhstan is yet to solve problems with electricity shortages caused by mining boom.

Cryptopolitan·2025/08/11 19:15
Indonesia targets sovereign AI fund to boost sector amid regional competition
Indonesia targets sovereign AI fund to boost sector amid regional competition

Share link:In this post: Indonesia proposes sovereign AI fund to boost position as regional tech hub. A strategy paper outlines the roadmap for AI growth to 2030, pending public input. However, the plan faces hurdles including skills shortages, low research spend, and patchy internet.

Cryptopolitan·2025/08/11 19:15
Flash
09:04
SK Hynix is considering paying an underwriting fee of approximately 0.5% of the total funds raised to the investment bank in its ADR issuance.
BlockBeats News, July 4th. According to Bloomberg, SK Hynix Inc. is considering paying an underwriting fee of approximately 0.5% of the total amount raised to the investment banks participating in its U.S. listing project. This transaction is expected to be one of the largest stock offerings in history. Sources said that although SK Hynix has stated its intention to issue new shares equivalent to a maximum of 2.5% of the total share capital, the final issuance size has not been determined, which will directly determine the underwriting fee amount received by the investment banks. In addition, SK Hynix may also pay additional discretionary rewards to the banks involved in the transaction on top of the base underwriting fee. Sources said that the current discussions are still ongoing, and the final agreement details may change. Click on the original article link below to join the BlockBeats · Feishu AI News Channel and receive real-time monitoring of global AI trends and news 24/7.
08:35
The Central Bank of Brazil plans to implement a 24-hour delay for large USD stablecoin transfers.
The Central Bank of Brazil plans to implement a 24-hour delayed processing mechanism for large USD stablecoin transfers. (Cointelegraph)
08:33
The UXLINK hacker swapped 10.54 million DAI for 6,001 ETH
Odaily reported, according to monitoring by Onchain Lens, the UXLINK hacker swapped 10.54 million USD worth of DAI for 6,001 ETH at an average price of 1,757 USD, and then transferred the funds into Tornado Cash.
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