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Coreweave plans to issue $3 billion in convertible senior notes, with its pre-market gains narrowed to 3%.

54 minutes ago

U.S. AI cloud infrastructure provider Coreweave (CRWV.O) announced plans for a private placement of convertible senior notes totaling $3 billion in principal, maturing April 1, 2033. The firm also granted initial purchasers an over-allotment option to buy up to an additional $500 million in notes within 13 days of the initial offering. The notes are senior unsecured obligations backed by an unconditional joint guarantee from Coreweave’s wholly owned subsidiary, with interest paid in cash semi-annually. Holders may convert the notes into shares upon meeting specified conditions, and the company may settle conversions in cash, Class A common stock, or a mix of both. The coupon rate and initial conversion price will be set at pricing. A portion of the proceeds will be used to purchase capped-call options to hedge equity dilution from conversions, with the rest allocated to general corporate purposes. If the over-allotment option is exercised, the additional funds will also be partially used to add to these option trades, with the remainder for corporate operations. Per market data from BIT (bit.com), Coreweave (CRWV.O)’s pre-market gains narrowed to 3%.

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Serenity is extremely bullish on traditional and mature process memory chips, with their price hikes expected to far exceed those of GPU leasing and MLCC.

Serenity stated in a report that it holds an extremely bullish outlook on traditional and mature-process memory chips, noting their price increases far outpace the 17%-21% rise in GPU rental rates announced by Nebius on the same day, as well as price hikes for MLCC capacitors from Taiyo Yuden and Murata. Serenity projected the following additional price increases in the second half of the year or third quarter: SLC NAND will climb 120%-170% in H2 compared to H1; high-capacity NOR Flash will rise another 90%-110%; DDR3/DDR4 will increase roughly 50%; DDR2 will see a 35%-40% jump in Q3; LPDDR will rise 20% or more in Q3; and DDR1, older LPDDR variants, and PSRAM are also trending upward. These increases are on top of price hikes that already occurred in the first half of the year. Serenity emphasized that SLC NAND prices have already surged 130%-150% in H1, meaning the full-year 2026 cumulative increase could reach 406%-575%. This sharp price surge will drive gross and net profit growth more than offsetting the impact of rising upstream wafer costs—for example, Powerchip’s DRAM wafers have risen around 45%. As a result, multiple fabless firms focused on traditional memory chips are expected to post very strong third-quarter financial results.

2 minutes ago

Spot precious metals rally in the short term, with spot gold touching $4,350 per ounce.

Per Bitget market data, spot gold and silver prices have rallied in the short term. Spot gold jumped nearly $15, hitting $4,350 per ounce, with a 2.07% intraday gain. Spot silver rose $0.4 in the short term, currently trading at $64.63 per ounce.

2 minutes ago

S&P Global to Acquire Blockchain Security Firm OpenZeppelin

S&P Global announced it has reached an agreement to acquire OpenZeppelin. Founded in 2015, OpenZeppelin is a blockchain security firm that has become nearly the industry default standard for Ethereum smart contracts: its open-source library OpenZeppelin Contracts is used to build tokens, stablecoins, and tokenized funds. Nine of the top 10 stablecoins and all top 10 tokenized money funds are built on the library. OpenZeppelin also provides security audits, continuous monitoring, and institutional-grade on-chain security services, having handled cumulative contract value transfers exceeding $30 trillion. Its clients include Circle, Uniswap, Aave, DTCC, Fidelity Digital Assets, and WisdomTree.

2 minutes ago

GENIUS posts short-term rally, breaking through $0.44

According to HTX market data, the GENIUS token has rallied sharply to break above $0.44, surging over 30% in one hour. On the news front, Genius Terminal—an on-chain trading terminal invested by YZi Labs and with CZ as an advisor—announced the official launch of its token issuance platform genius.fun on BNB Chain. The platform allows creators to transfer tokenized stocks such as bSTOCKS into a decentralized foundation and split them, enabling attempts to exercise equity-related rights off-chain.

2 minutes ago

Genius launches token issuance platform genius.fun on BNB Chain.

The on-chain trading terminal Genius Terminal, backed by YZi Labs and with CZ as an advisor, has officially launched its token issuance platform genius. fun on BNB Chain. The platform supports unbundling tokenized stocks, enabling users to pursue acquisitions of or board seat campaigns for real public companies. genius. fun allows issuers to customize trading pairs, including USDT/USDC, BNB, Ondo tokenized assets, bSTOCKS tokenized stocks, and Four.meme, with plans to integrate more asset types via gPerps in the future. Creators can earn up to 1.25% of trading fees from the tokens they issue, while an additional 0.25% is allocated for buybacks and token locking. Tokens are tracked on their launch page from the first transaction, with a "graduation threshold" set at 15 BNB; post-graduation, the DEX partner is PancakeSwap. The overall workflow involves creating tokens, selecting trading pairs, and officially launching them on the market.

2 minutes ago

Arc Chain's DEX records daily trading volume exceeding $72 million, with approximately 574,000 transactions.

According to data from Arc Explorer, Arc Network’s DEX trading volume over the past 24 hours reached $72.59 million, with around 574,000 transactions. The number of active liquidity pools stood at 9,845, an increase of approximately 5,300 in the same period. Among these, the ARGUS/USDC trading pair ranked first with a 24-hour trading volume of about $15.08 million; ARGUS fell 32.5% over the same period, boasting a market cap of roughly $18 million. The cirBTC/USDC pair ranked second with $6.01 million in trading volume. cirBTC is a wrapped Bitcoin issued by Circle.

2 minutes ago

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