Ferox

Trump signals escalation in Israel-Iran conflict as he leaves G7 summit early

KANANASKIS, ALBERTA – JUNE 16: (L-R) Italian Prime Minister Giorgia Meloni, French President Emmanuel Macron, Canadian Prime Minister Mark Carney, U.S. President Donald Trump, British Prime Minister Kier Starmer, German Chancellor Friedrich Merz, European Union Commission President Ursula von der Leyen, European Union Council President Antonio Costa and Japanese Prime Minister Shigeru Ishiba participate in…

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Deribit Sees Strong Demand From Institutions, Volume on Its Block RFQ Tool Reaches $23B in Four Months

The institutionalization of cryptocurrencies is accelerating rapidly. Crypto derivatives exchange Deribit’s on-demand liquidity tool, the Deribit Block Request-for-Quote (RFQ) interface, has registered a cumulative trading volume of over $23 billion in less than four months since its debut in early March. Deribit is a prominent derivatives exchange, offering the world’s largest options market for traders…

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OpenAI wins $200 mn contract with US military

SAN FRANCISCO: The US Department of Defense on Monday awarded OpenAI a $200 million contract to put generative artificial intelligence (AI) to work for the military. San Francisco-based OpenAI will “develop prototype frontier AI capabilities to address critical national security challenges in both warfighting and enterprise domains,“ according to the department’s posting of awarded contracts….

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