22h fa
Nvidia’s $2B shift into AI networking puts Marvell Technology in focus
Nvidia is extending its AI push beyond GPUs into networking, photonics, and custom silicon, backing suppliers including Marvell Technology with about $2 billion. At Computex in Taiwan on June 2, CEO Jensen Huang called Marvell "the next trillion-dollar company," after which Marvell shares jumped more than 12%. Marvell is forecasting Q2 revenue of around $2.7 billion and sees custom-chip revenue topping $10 billion annually by fiscal 2029.
BTC
BTC-4.17%
22h fa
1g fa
Coinbase's Base saw a TEE bug halt Ethereum state updates for 30+ hours
Coinbase's Base experienced a 30+ hour settlement disruption that paused state updates and withdrawals to Ethereum, while onchain activity on Base largely continued as normal. The issue was tied to a malfunction in Base's Trusted Execution Environment (TEE) enclave and was harder to notice because withdrawals already face a seven-day challenge period. No funds were reported lost, but the incident highlighted a weak point in the rollup's settlement pipeline shortly after the Azul upgrade.
ETH
ETH-5.50%
1g fa
5-29
Datasection integrates OpenAI API into TAIZA as it scales Asia-Pacific capacity
On May 29, Japan's Datasection said its TAIZA enterprise AI platform has integrated OpenAI's API under a controlled deployment model that routes requests through Datasection's software layer instead of directly calling OpenAI cloud endpoints. The company reported operating more than 20,000 GPUs across Japan, Australia, and Thailand, and its Tokyo-listed shares rose nearly 20% to 6,140 yen after the announcement.
BTC
BTC-4.17%
5-29
5-29
Hong Kong to allow RMB-paid stamp duty for yuan-counter trades; bill set for June 10
Hong Kong plans to amend its Stamp Duty rules so trades executed via the RMB counter of dual-counter securities can pay stamp duty directly in renminbi, with the bill scheduled for a first reading on June 10, 2026. The change is positioned to support offshore RMB liquidity and could gradually encourage more RMB-denominated ETF activity, including spot Bitcoin and Ether ETFs listed on HKEX.
BTC
BTC-4.17%
5-29
5-28
South Korea’s DAXA orders exchanges to invalidate suspicious shared API keys
South Korea’s Digital Asset Exchange Alliance (DAXA) has rolled out a new compliance standard requiring local crypto exchanges to revoke API keys suspected of being shared or misused. The move comes as the Financial Supervisory Service says automated trading represents about 30% of domestic crypto turnover, prompting tighter monitoring steps such as IP whitelisting and mandatory re-authentication.
BTC
BTC-4.17%
5-28