September 3, 2026

The Nvidia and Hugging Face logos displayed side by side against an abstract digital neural network background, symbolizing the $12.93 billion acquisition.

Nvidia acquires Hugging Face for $12.93 billion

Nvidia has agreed to acquire Hugging Face, the open-source AI platform, for $12.93 billion in one of the chipmaker’s biggest bets on the software layer of artificial intelligence. The deal...
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Coinbase launches regulated crypto derivatives for eligible Canadian traders

Coinbase launches regulated crypto derivatives in Canada

Coinbase has launched regulated crypto derivatives trading in Canada, giving eligible traders direct access to perpetual and dated futures through its platform for the first time. The launch, announced on...
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Anthony Armstrong, former X and xAI CFO, joins Coinbase board of directors

Coinbase adds former X CFO to board

Coinbase has appointed Anthony Armstrong, a former Morgan Stanley investment banker and chief financial officer at Elon Musk’s xAI and X, to its board of directors. The appointment, announced on...
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Singapore proposes tougher regulations for stablecoins and digital assets

Singapore proposes tougher rules for stablecoins

Singapore is proposing tougher rules for stablecoin issuers, including a requirement for reserves to fully back the tokens and restrictions on issuers using reserve assets to generate or distribute yield....
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