To The Moon

The FBI created "NexFundAI" to target crypto criminals, but its wallet address and assets were recently leaked.The FBI's wallet contains various tokens, including Pornrocket, EthereumMax, BONE, and meme coins.The FBI is accused of copying OpenZeppelin's code without proper attribution, violating the MIT License in smart contracts.The Department of Justice reports that the FBI created a crypto token, “NexFundAI,” as part of an operation targeting crypto criminals. Recently, the FBI’s wallet address was leaked, revealing various other tokens held in it.The FBI’s use of tokens in investigations has led to charges of fraud and market manipulation against multiple individuals and organizations.Coinbase executive Conor Grogan identified the FBI’s wallet address. He found it holds tokens like EthereumMax, BONE, and several meme coins, all on the Ethereum blockchain.FBI Uses NexFundAI Token in Crypto Sting Operation. The FBI engaged firms like Gotbit, ZM Quant, and CLS Global as market makers

Nvidia stock looked set to slide again on Wednesday as the prospect of a full-blown war in the Middle East spooked investors.The chip designer's shares fell 0.6% to $116.25 ahead of the opening bell, compared with a 0.1% slide in futures for the benchmark S&P 500.The losses came with the market fretting about Iran's attack on Israel Tuesday, which led to oil prices spiking and U.S. stocks tumbling.Nvidia and other megacap names like iPhone maker Apple and IT giant Microsoft were among the session's biggest losers as investors fled tech for safer sectors, such as utilities.Nvidia shareholders will also be weighing up a report from Ming-Chi Kuo, a Taiwan-based analyst for TF International Securities, that the semiconductor designer is pausing development of one of the server configurations it was planning for its Blackwell graphics processing units, set to launch some time this quarter.The alleged decision to scrap the dual-rack NVL36 server is sensible, but "the transition may confuse s

Shares of Chinese electric vehicle (EV) maker Nio have been flying recently. Nio shares up by 9% on the Singapore Exchange. That brings its five-day surge to a whopping 31%.That move was initiated by

$Broadcom Inc.(AVGO)$, a chip supplier for Apple Inc. and other big tech companies, fell over 6% in overnight trading after delivering a disappointing sales forecast, hurt by the portion of its busine

Nvidia. Corp. Chief Executive Jensen Huang has sold more than 5 million shares of the chip maker in recent months, totaling about $633.1 million, according to a new filing.Nvidia CEO Jensen Huang speaks during Computex 2024 in Taipei on June 4.According to a filing Thursday with the Securities and Exchange Commission, Huang sold nearly 5.3 million shares, in tranches of 120,000 shares each, in a series of transactions between June 13 and Sept. 4.Those were part of a Rule 10b5-1 trading plan set

Did Nancy Pelosi sell Nvidia stock before the crash?While many American politicians have a reputation for making suspiciously lucrative trades, few are perceived to be as engaged in insider trading as

S&P 500 futures rose slightly on Tuesday after the broad index notched its worst day in nearly two years as global markets sold off.Market SnapshotAt 08:38 a.m. ET, Futures tied to the S&P 500 were up

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July 30 - Meta Platforms has agreed to pay $1.4 billion to Texas to resolve the state’s lawsuit accusing the Facebook parent of illegally using facial-recognition technology to collect biometric data of millions of Texans without their consent.The terms of the settlement, disclosed on Tuesday, marks the largest accord ever by any single state, according to the lawyers for Texas, whose legal team included the plaintiffs firm Keller Postman.The lawsuit, filed in 2022, was the first major case to

— Nvidia Corp. , the world’s most valuable chipmaker, announced a raft of updates to its software offerings that aim to make it easier for a wider variety of businesses to use generative artificial intelligence.Nvidia founder and Chief Executive Officer Jensen Huang showcased his company’s latest offerings Monday at the Siggraph conference in Denver. He’s at the graphics technology conference — the latest in a stream of appearances at public events — seeking to persuade as many industries as possible to start using his technology and make AI pervasive in the economy. Later, he is scheduled to appear on stage at the conference with Meta Platforms Inc. CEO Mark Zuckerberg.Most AI is used by knowledge workers to help with digital tasks, according to Nvidia. To get generative AI into broader circulation, Nvidia is providing software and services that will allow, for example, users of Apple Inc.’s Vision Pro headset to create virtual worlds. So-called virtual twins will be used for tasks s