Intel delays its Ohio chip factory to 2030

Intel’s first chip fabrication plant in Ohio may not open until 2030 at the earliest. According to a report in The Columbus Dispatch, Intel has slowed the building of its promised $28 billion semiconductor project in central Ohio for the second time this year. Construction won’t be completed until 2030, the chipmaker told the publication, … Read more

Why Trump’s Potential Plan to Make Crypto Gains Tax-Free Could Be a Bad Idea

In January, following Donald Trump’s inauguration, reports emerged claiming that his son, Eric Trump, had confirmed that U.S.-based cryptocurrencies would eventually be exempt from capital gains tax, while non-U.S. based cryptocurrencies would face a 30% tax. The elimination of capital gains taxes on U.S.-based cryptocurrencies might sound like a dream come true for American investors, … Read more

The high stakes for AI Alexa

Amazon has been trying to make virtual assistants happen for more than a decade. Alexa is, by many definitions, wildly successful, but it has so far failed to become the kind of omnipresent, omnipotent helper the company imagines. (It has also, by all accounts, failed to become a compelling business for Amazon.) This week, though, … Read more

CME Group to Launch Solana Futures as Demand for Crypto Derivatives Grows

CME Group, the world’s largest derivatives marketplace, plans to introduce Solana (SOL) futures on March 17, expanding its suite of cryptocurrency derivatives, it said in a press release on Friday. The new contracts, pending regulatory review, will allow traders to manage SOL price risk with two contract sizes: 25 SOL and 500 SOL. “With the … Read more

CoinDesk 20 Performance Update: UNI Drops 7.1% as Nearly All Assets Trade Lower

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 2612.03, down 3.2% (-86.41) since 4 p.m. ET on Thursday. One of 20 assets are trading higher. Leaders: SOL (+1.4%) and APT (-0.5%). Laggards: UNI (-7.1%) and AAVE (-7.0%). … Read more

Meme coins aren’t subject to securities regulations, says SEC

According to the Securities and Exchange Commission, meme coins don’t meet the requirements to be protected by federal securities law. In new guidance issued on Thursday, the SEC announced that it doesn’t view most meme coins — cryptocurrencies that originate from internet memes or cultural phenomena — as securities, and that transactions around them do … Read more