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The company, which makes hyperconverged infrastructure including storage offerings, is partnering with AMD and betting that AI customers want flexible ecosystems.

LONDON, Feb 24 (Reuters) – Citigroup’s hedge fund clients sold the dollar around Friday’s U.S. ‌Supreme Court ruling on President Donald ‌Trump’s sweeping tariffs, according to a note from the U.S. ​bank shared with Reuters late on Monday. The dollar fell in volatile trading on Friday after the Supreme Court struck down the tariffs based ‌on a national ⁠emergency law. “Citi’s hedge fund clients were net USD (dollar) sellers around and after ⁠the tariff ruling,” Kristjan Kasikov, global head of Citi FX Quant Investor Solutions, said in ​the note, ​adding the Australian dollar ​was the most ‌bought currency among major…

Flow Foundation is taking a series of concrete actions to strengthen FLOW. This post outlines three initiatives: a token buyback & burn, continuous token acquisition with structural improvements to liquidity, and long-term inflation management. Why This Matters A healthy token economy underpins everything built on the network. Developers evaluate where to build based on the economic strength and sustainability of the ecosystem. Validators commit resources to networks where the economics are structurally sound. Users engage with applications where they trust the underlying infrastructure. When the token economy functions well, every participant benefits. The Foundation recognizes its responsibility here. Protocol development…

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 1937.2, up 4.4% (+82.19) since 4 p.m. ET on Tuesday.All 20 assets are trading higher.Leaders: DOT (+17.2%) and AVAX (+12.9%).Laggards: BTC (+2.8%) and AAVE (+3.0%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

U.S. and Iranian negotiators are set to meet again later this week, and President Donald Trump made a clear ask of Tehran in his State of the Union speech on Tuesday night ahead of those talks.

“When our leadership first invested in mechanical textile recycling, there was curiosity but essentially no clear requirement for recycled cotton from the brands. Today, we are proud to say, that nearly all our clients require it in their fabrics and that policy is built into their sustainability goals. To go from that original status quo to the current environment where exciting conversations are had about what else we can provide from recycled viscose, lyocell, polyester and even linen—that is inspiring,” he said. In 2024, AGI produced more than 30 million meters of fabric with recycled cotton. Recycling technology has made…

In a digital economy where milliseconds determine financial outcomes and automated systems execute across global jurisdictions, reliable time has become critical infrastructure. Clockchain today announced the public launch of its testnet, introducing a cryptographically verifiable blockchain time standard designed for decentralized finance, traditional finance, AI systems, and robotics. With the opening of its testnet to the public, Clockchain now offers decentralized timestamping, smart contract scheduling, and a timestamp API offering verifiable proof of time. The public unveiling of Clockchain core services marks a major milestone in the network’s readiness for global deployment. All three services are powered by Clockchain’s patented…

Canaan Inc. (CAN), a manufacturer of bitcoin mining hardware and an operator of crypto mining infrastructure, said it bought a 49% equity interest in a joint venture tied to several mining projects in West Texas from Cipher Mining (CIFR) for $39.75 million in stock.The transaction covers Cipher’s stake in the ABC Projects, which include Alborz LLC, Bear LLC and Chief Mountain LLC. The rest of the venture is owned by WindHQ, according to a Monday statement.The purchase was funded through the issuance of 806.4 million Class A ordinary shares, equivalent to 53.8 million American depositary shares, and makes Cipher, a…

Last summer, Chase Home Lending announced a “mortgage rate sale” — something practically unheard of in the mortgage industry. This week, Chase is rebooting the sale and expanding it to include purchase and refinance home loans. Chase Home Lending is offering limited-time rate discounts to eligible home buyers and homeowners through Sunday, March 8. The offer is available for new purchases and refinances. There are no additional discount points or fees related to the offer. “During the rate sale, buyers and homeowners can access personalized interest rate discounts to help lower monthly payments,” a press notice said. The rate sale…

U.S. stock-index futures declined Sunday, as investors grappled with the implications of Friday’s Supreme Court ruling that overturned most of President Donald Trump’s tariffs.