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Flash

Bullish appoints former NYSE President Cunningham as President

According to the official announcement, the cryptocurrency trading platform Bullish (BLSH), listed on the New York Stock Exchange, has appointed former NYSE President Stacey Cunningham as the company's president.Cunningham previously served as the president of NYSE Group, being the first woman to lead the exchange group, and held the position of Chief Operating Officer, responsible for technology modernization and the integration of several exchange mergers; prior to that, she held senior positions at Nasdaq. She currently also serves on the boards of Cloudflare, the New York Stock Exchange, and Georgetown University's Psaros Center for Financial Markets and Policy, and was an operating partner at private equity firm Advent, as well as an advisor to Uniswap Labs.Bullish CEO Tom Farley stated that her expertise in market structure, operational experience, and issuer relations will play a key role in the company's efforts to combine traditional financial infrastructure with blockchain technology.Bullish is advancing its tokenized securities strategy: in May 2026, it announced the acquisition of transfer agent Equiniti for $4.2 billion (serving nearly 3,000 issuer clients and over 20 million shareholders), with the transaction expected to be completed in January 2027; the company has also been approved to conduct tokenized securities trading in Gibraltar and has launched tokenized stock trading initiated by its own issuers.

first_img Reports indicate that Moon's Dark Side is seeking to rent advanced chip computing power from NVIDIA in Europe

CNBC cited four informed sources reporting that the Chinese artificial intelligence startup Dark Side of the Moon had discussions this year with several emerging cloud service providers operating data centers in Europe, seeking to rent computing power provided by NVIDIA GPUs. Three of the sources stated that Dark Side of the Moon primarily sought to rent NVIDIA's latest Blackwell series chips; one source indicated that the two parties had discussed renting a computing cluster deployed in Europe, consisting of 8,000 or more Blackwell chips.The sources said that Dark Side of the Moon mainly hopes to utilize these chips for AI model inference while also intending to acquire model training computing power. The United States currently prohibits the export of NVIDIA's most advanced AI chips to China, but existing laws have not granted regulatory agencies broad authority to restrict Chinese companies from remotely using these chips through overseas cloud services. Some cloud service providers and financing institutions, concerned about the U.S. tightening remote usage restrictions, have sought to charge higher advance payments, with proposals requiring Dark Side of the Moon to pay advance payments 30% to 50% higher than those of non-Chinese clients. Dark Side of the Moon was established in 2023 and owns the Kimi series models.

first_img Paraguay's President Santiago Peña resigned due to the collapse of Ueno Digital Bank

Paraguayan President Santiago Peña announced his resignation on Thursday due to a political crisis triggered by the collapse of digital bank Ueno Bank. In a video posted on the X platform, Peña stated that his resignation was to maintain national stability, social peace, and democratic institutions, with his primary task being to protect the Paraguayan people who entrusted their savings to the financial system.The Central Bank of Paraguay announced on Tuesday the initiation of liquidation procedures for Ueno Bank after discovering that its solvency ratio had fallen below half of the regulatory minimum requirement. Peña is facing political scrutiny due to his previous business ties with Grupo Vázquez, the holding company of Ueno Bank; according to the Associated Press, he remained a business partner of the group until March 2025. Peña denied any wrongdoing, stating that the controversy initially was merely a regulatory issue that escalated into a political dispute.This banking crisis is also accompanied by rising quotes for Tether's USDt in the peer-to-peer market targeting Paraguay, with a bid on Thursday morning quoted at 1 USD to 6942 Paraguayan Guarani, approximately 13% higher than the Central Bank's reference rate of 6144.02 on November 4. According to Reuters, lawmakers are debating impeachment proceedings over allegations of conflicts of interest, pension abuse, and institutional cover-ups. Peña was elected in April 2023 and took office in August of the same year, with a five-year term originally set to end in 2028; if Congress accepts his resignation, Vice President Pedro Alliana will assume the remaining term.

The 2028 U.S. presidential election is heating up early, and Vance reflects on the Iran War

The U.S. midterm elections have just concluded, and both parties have begun strategizing for the 2028 presidential election. On the Republican side, Vice President Vance has publicly linked the midterm election losses to the war in Iran, proposing four tasks: ending the war, addressing the cost of living and inflation, adhering to "America First," and adjusting U.S.-Israel relations, in an attempt to respond to voters' dissatisfaction with the Trump administration's foreign policy. However, Vance has not yet announced his candidacy and has not publicly broken with Trump. Rubio, DeSantis, and others are also listed as potential Republican candidates.On the Democratic side, the victory in the midterm elections has enhanced the political influence of several party figures. Pennsylvania Governor Shapiro, Illinois Governor Pritzker, Maryland Governor Wes Moore, and California Governor Newsom have all garnered attention. Georgia Senator Ossoff, after winning re-election, has also entered discussions as a potential candidate for 2028, although he has previously stated that he has no plans to run. Currently, neither party has officially initiated the presidential candidate nomination process. The cost of living, inflation, the war in Iran, immigration, and U.S. foreign policy are becoming core issues for potential candidates to garner party support and voter attention.
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