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CoreWeave’s attempt to acquire Core Scientific is met with resistance from Two Seas Capital, Core Scientific's largest shareholder, who believes the deal undervalues the company. The dispute is causing a rally in AI tokens and shining a light on the scarcity of centralized AI infrastructure, driving more interest in decentralized AI solutions.
Share link:In this post: Pinterest’s revenue beat expectations, but profit missed, and U.S./Canada user growth stayed flat, causing shares to drop 14%. The company is growing through AI, visual search, and shopping features, and expects up to $1.05 billion in Q3 revenue. Men now comprise over one-third of the firm’s users, with rising interest in wellness, fashion, tech, and finance.
Share link:In this post: Block Inc. raises 2025 profit forecast to $10.17b from $9.96b after a strong Q2. Shares surge 8% in after-hours trading following the upbeat outlook. Cash App gross profit jumps 16% to $1.50b, beating estimates, driven by Borrow, card spending, and BNPL.
Share link:In this post: Pete Bannon left Tesla after nearly a decade; he was the VP of hardware design engineering and led Dojo development. Elon Musk’s order shut down the Dojo team; engineers reassigned or left to form an AI startup called DensityAI. Tesla’s AI strategy pivots to external partners like Nvidia, AMD, and Samsung for compute and chip manufacturing.
- 03:24Solana-based DeFi native Prime brokerage Project 0 is about to launchChainCatcher news, Solana ecosystem DeFi native Prime broker Project 0 is about to launch and has been retweeted by the official Solana account. Project 0 will allow users to use any asset on platforms such as Kamino, Drift, and Jupiter, and borrow against their entire portfolio as collateral, optimizing capital efficiency.
- 03:23The Radiant Capital hacker transferred 5,933 ETH worth $26.7 million through Tornado Cash.According to Jinse Finance, on-chain analyst Yujin has monitored that the Radiant Capital hacker, who made profits from three ETH swing trades in August, transferred 5,933 ETH (worth $26.7 million) through Tornado Cash in the past hour. In August, the Radiant Capital hacker made an additional $5.1 million in profits through three rounds of buying low and selling high with ETH. The most notable operation was last year, when after stealing $53 million in assets, the hacker swapped all of it for ETH at a price of $2,420. Since then, the $53 million in assets has appreciated to $104 million.
- 03:10RootData: QUAI to unlock tokens worth approximately $1.2 million in one weekAccording to ChainCatcher, citing token unlock data from the Web3 asset data platform RootData, Quai Network (QUAI) will unlock approximately 32.83 million tokens, valued at around $1.2 million, at 21:00 on September 19 (GMT+8).