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WSJ: SpaceX is in talks to provide billions of dollars worth of computing power for the U.S. Department of Defense's AI project.

1 hours ago

According to a WSJ report, sources familiar with the matter revealed that SpaceX (SPCX.O) is in talks with the U.S. Department of Defense (DoD) to provide the agency with billions of dollars worth of computing power for running artificial intelligence (AI) models, further deepening the collaboration between the Elon Musk-led company and the U.S. DoD. The negotiations are ongoing but could ultimately fall through. People familiar with the plans said SpaceX has signed similar deals with Anthropic and Google in recent months and is now planning to significantly expand its cloud computing business. According to insiders, SpaceX employees have in recent weeks discussed plans to offer computing power to AI clients at lower prices, positioning the company to compete more directly with existing providers like CoreWeave.

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Trump's social media posts are being turned into paid products, meaning Wall Street firms will be left behind if they don't pay.

Weeks ago, emails promoting posts from Donald Trump’s Truth Social platform began circulating among trading desks across Wall Street. A copy of an email reveals the product promises sub-second, 24/7 access to Trump’s post data, including weekends and after-hours trading periods. The email also urges recipients to “act quickly,” noting “some of your peers are already deploying this product.” Trump Media & Technology Group (TMTG) has openly offered high-frequency traders and hedge funds real-time access to the former president’s remarks, sparking fierce political and ethical debate on Wall Street. Institutions are weighing what it means to pay a publicly traded company where Trump is the largest shareholder for access to his posts. Trump has a history of making statements that move markets, meaning any firm unwilling to pay could fall behind competitors in algorithmic trading. Trump is clearly more emboldened to profit from various business ventures during a potential second term. As TMTG’s largest shareholder, he holds stakes worth roughly $1 billion. He has also broken longstanding norms by generating income from multiple business ventures while in office, earning over $1 billion from crypto projects alone in the past year.

3 minutes ago

Pump.fun sold off another 81,700 SOL tokens, bringing its total cash-out from fee revenue to approximately $812 million.

According to EmberCN’s monitoring, Pump.fun transferred 81,712 SOL tokens (worth approximately $6.15 million) to Kraken again today, with the transfer suspected to be proceeds from its fee sales. Data shows that since the start of 2024, Pump.fun has sold a total of around 4.812 million SOL tokens, valued at roughly $812 million, at an average selling price of approximately $168.7 per token.

3 minutes ago

A man in the United States used Steam games to implant malware to steal crypto assets, infecting approximately 8,000 devices.

US federal prosecutors have charged Zyaire Wilkins, a 21-year-old man from Florida, with conspiring with accomplices to implant crypto-stealing malware into at least eight games between May 2024 and February 2026, spreading the titles via gaming platforms. The scheme infected roughly 8,000 devices and led to the theft of around 80 crypto wallets, with total losses exceeding $220,000. The games involved include BlockBlasters, Chemia, Dashverse, DashFPS, Lampy, Lunara, PirateFi, and Tokenova; some of these titles were previously removed from Steam due to security risks. Wilkins is accused of promoting the games on platforms including Discord, Telegram, X, and LinkedIn to lure users into downloading them. The malware then stole victims’ sensitive information and crypto wallet assets. The FBI said law enforcement identified Wilkins through on-chain fund flow analysis and digital payment records. Investigators found his linked crypto wallets purchased more than 150 gift cards from crypto gift card platform Bitrefill, including Uber Eats cards, which helped confirm his phone number and residential address. The case has been filed in the U.S. District Court for the Western District of Washington.

3 minutes ago

International crude oil prices continue to rise, while vessel traffic through the Strait of Hormuz drops to its lowest point in three weeks.

International crude oil prices have continued to rise recently, with Brent crude hitting $86.75 and WTI crude at $82.33, after both benchmarks fell to near the $70 mark. Data released by international market services firm Kpler on the 17th shows that shipping activity through the Strait of Hormuz remained weak on the 16th, with the number of vessels transiting the strait dropping to 8 that day, the lowest level in nearly three weeks. Of the 8 vessels that passed through the Strait of Hormuz that day, 7 chose to use the northern lane near Iran, reflecting that shipping companies are re-assessing regional security conditions, crew safety and insurance risks, leading to further concentration of vessel traffic in this lane. Meanwhile, crude oil futures notched double-digit gains this week. Another factor stoking tensions is the potential for Houthi forces in Yemen to take actions that could block Red Sea shipping; Saudi Arabia has been diverting crude exports to the Red Sea in the event of a closure of the Strait of Hormuz. Barclays analyst Amarpreet Singh stated in a report: "With inventories at multi-year lows and most strategic petroleum reserve releases already completed, renewed tensions over the Strait’s 'red line' pose significant upside risks to energy prices. For now, we believe the oil market is still too complacent about potential inventory impacts."

3 minutes ago

Four Wallets Are Up $1.42M Longing $AKE on @Aster_DEX

Four wallets opened 1x long positions on $AKE on @Aster_DEX, with a combined position of 3.48B $AKE($4.95M). They are now up $1.42M in unrealized profit.

3 minutes ago

An entity offloaded 30,000 ETH via over-the-counter (OTC) trading, worth approximately $55 million.

According to EmberCN’s monitoring, a whale or institutional investor sold 30,000 ETH via over-the-counter (OTC) trading on Galaxy Digital at $1,833 per ETH, totaling approximately $55 million. The address transferred the 30,000 ETH to Galaxy Digital’s OTC wallet seven hours ago, and received 55 million USDC three hours later.

3 minutes ago