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Why Trump’s Nvidia-AMD China deal matters far beyond the U.S.
Why Trump’s Nvidia-AMD China deal matters far beyond the U.S.

Share link:In this post: Trump’s 15% revenue deal with Nvidia and AMD lets U.S. AI chips flow to China, affecting global semiconductor trade. The agreement keeps American chipmakers in the Chinese market while pressuring rivals like Huawei. China faces a trade-off between security concerns and its need for U.S. chips to advance AI capabilities.

Cryptopolitan·2025/08/11 19:15
Kazakhstan busts $16 million crypto mining scheme
Kazakhstan busts $16 million crypto mining scheme

Share link:In this post: • Crypto miners use 50 MWh of power intended for other consumers. • Inflicted losses exceed $16 million, Kazakhstan’s financial watchdog estimates. • Kazakhstan is yet to solve problems with electricity shortages caused by mining boom.

Cryptopolitan·2025/08/11 19:15
Flash
  • 07:26
    Bloomberg Analyst: DOGE Spot ETF and XRP Spot ETF Issued by REX-Osprey to Be Listed on Thursday
    ChainCatcher news, Bloomberg ETF analyst Eric Balchunas posted on social media that the DOGE spot ETF and XRP spot ETF issued by REX-Osprey will be listed on Thursday. In addition, the TRUMP spot ETF and BONK spot ETF have also submitted registration, but the launch dates have not yet been announced. It is worth noting that, unlike the Bitcoin and Ethereum spot ETFs which previously required a lengthy approval process, these funds utilize the Investment Company Act of 1940 (commonly known as the "40 Act"). This framework provides a streamlined path for products, including enhanced investor protections for custody, governance, and transparency—features that regulators view positively.
  • 06:59
    Major gold heist in Hong Kong: 10 robbers steal 65 kilograms of gold worth over 53 million yuan
    On September 18, it was reported that a major robbery occurred at a gold processing workshop in Hung Hom, Kowloon, Hong Kong, in the early morning of September 17. About 10 robbers broke into the workshop and stole 65 kilograms of gold bars, gold bricks, and gold powder, with a total value of approximately HKD 58 million (about RMB 53.02 million). They also stole about HKD 30,000 in cash. The incident happened at around 5 a.m. that day, when the person who reported the case and five friends were resting inside the workshop. After the robbers succeeded, they took the six people outside the workshop, locked the main door with an iron chain, and then fled. The case has been handed over to the West Kowloon Crime Squad for further investigation.
  • 06:46
    Japanese and South Korean stock markets hit new closing highs again
    Jinse Finance reported that the main stock indices in Japan and South Korea reached new closing highs again on Thursday. On September 18 (Thursday), the Nikkei 225 Index closed up 513.05 points, an increase of 1.15%, at 45,303.43 points. On September 18 (Thursday), the South Korean KOSPI Index closed up 47.9 points, an increase of 1.4%, at 3,461.3 points. (Golden Ten Data)
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