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TLDR China instructs major firms to cancel orders for Nvidia’s RTX Pro 6000D chip. Nvidia shares drop 1.5% after China’s ban on key AI hardware. China accelerates development of domestic AI chips, reducing U.S. tech reliance. Crypto and AI sectors may seek alternatives due to limited Nvidia access in China. China has taken a bold [...] The post China Bans Nvidia’s RTX Pro 6000D Chip Amid AI Hardware Push appeared first on CoinCentral.

The post Ondo Finance launches USDY yieldcoin on Stellar network appeared on BitcoinEthereumNews.com. Key Takeaways Ondo Finance has launched its USDY yieldcoin on the Stellar blockchain network. USDY is Ondo’s flagship yieldcoin focused on real-world asset expansion. Ondo Finance launched its USDY yieldcoin on the Stellar blockchain network today. USDY is described as Ondo’s flagship yieldcoin and represents the company’s expansion of real-world assets onto the Stellar platform. The launch aims to provide yield access across global economies through Stellar’s international network infrastructure. The deployment connects traditional finance with blockchain-based solutions by bringing real-world asset exposure to Stellar’s ecosystem. Ondo Finance positions the move as part of efforts to broaden access to yield-generating opportunities worldwide. Source: https://cryptobriefing.com/ondo-finance-usdy-yieldcoin-stellar-launch/