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Nvidia says two mystery customers accounted for 39% of Q2 revenue

Nearly 40% of Nvidia’s second quarter revenue came from just two customers, according to a filing with the Securities and Exchange Commission. On Wednesday, the chipmaker reported record revenue of $46.7 billion during the quarter that ended on July 27 — a 56% year-over-year increase largely driven by the AI data center boom. However, subsequent … Read more

Bots accounted for 70% of stablecoin transaction volume in 2024, survey reveals

Automated trading fueled 70% of stablecoin transaction volume last year, with Base surpassing Ethereum due to bot-driven activity, a survey reveals. A new survey by crypto exchange CEX.IO, which cited Allium’s data, reveals that automated trading bots handled 70% of stablecoin transaction volume in 2024, based on an analysis of blockchain activity across Ethereum, Base, … Read more

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