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Stablecoin issuer Mandela Digital has closed a $5 million funding round, with Datavault AI joining as an investor.

1 hours ago

Stablecoin issuer Mandela Digital has announced the completion of a $5 million funding round, with Datavault AI participating in the investment. The new capital will be allocated to stablecoin infrastructure development, compliance work, exchange platform integration, liquidity expansion, and marketing efforts, as well as accelerating the launch of its 1:1 U.S. dollar-pegged stablecoin, Mandela Dollar (MUSD).

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Bitcoin treasury firm Empery makes a $20 million strategic preferred stock investment in AI data center developer CDP.

Crypto treasury firm Empery Digital (EMPD) disclosed that it has completed a strategic $20 million preferred equity investment in AI data center developer Cardinal Data Power (CDP). Post-transaction, EMPD holds an approximately 8% stake in CDP. The investment is a key component of CDP’s total $70 million Series A funding round, with all raised capital earmarked for launching its first AI data center campus in West Texas, the U.S.

6 minutes ago

A crypto whale set 10 major profit targets, closed short positions to take profit, liquidating 300 BTC positions in the last 12 minutes.

On-chain analyst Ai Yi (@ai_9684xtpa) monitored that contract whale "Set 10 Big Goals First" has started closing short positions to take profit. Over the past 12 minutes, the whale has closed 300 BTC in short positions, booking a profit of $157,000. It currently holds a remaining large position of approximately $157 million in 2,379.23 BTC, with an unrealized profit of $1.34 million.

6 minutes ago

NVIDIA open-sources its medical physics simulation framework to solve the problem of scarce clinical data for surgical robots.

NVIDIA has released an open-source Medical Physics Simulation framework that combines classic physics simulation with generative AI. The framework can batch-generate rare clinical edge cases such as guidewires stuck in calcified vessel walls, and cuts training time from 5 hours to less than 2 minutes using 8192 parallel environments, addressing the acute scarcity of real clinical data for surgical robots. Early adopters include CMR Surgical, Johnson & Johnson MedTech, and Medtronic. The framework’s open-source nature helps demonstrate the system’s behavioral logic to regulators and build an approval evidence chain, though no strategies trained on it have been deployed in actual clinical practice as of yet.

6 minutes ago

U.S. initial jobless claims for the week ended July 18 totaled 187,000, falling to a near four-year low.

US initial jobless claims for the week ended July 18 came in at 187,000, the lowest level since the week ending September 24, 2022. The consensus forecast was 212,000, while the prior week's figure was revised from 208,000 to 209,000.

6 minutes ago

The European Central Bank holds interest rates steady at 2.25%, in line with expectations.

The European Central Bank (ECB) has kept its deposit facility rate unchanged at 2.25%, in line with market expectations, while holding the main refinancing rate and marginal lending rate steady at 2.40% and 2.65% respectively.

6 minutes ago

Stablecoin operator Notabene announces strategic investment from Ripple.

According to a report from China Newswire, stablecoin operator Notabene has secured a strategic investment from Ripple. The exact investment amount was not disclosed. The two entities will partner on enterprise-grade stablecoin payments, including integrating Ripple’s USD stablecoin RLUSD into Notabene Flow, its B2B stablecoin payment platform. They also plan to further expand RLUSD’s use in institutional payment networks and accelerate the adoption of compliant stablecoin infrastructure among banks, payment institutions, and fintech companies.

6 minutes ago

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