Coinbase launches SpaceX perps futures for traders outside the US

Taiwan Semiconductor Manufacturing Co. - the world's biggest semiconductor-maker - is struggling to meet demands from American customers even with its factory buildout in the US, according to reports from Reuters and Bloomberg. "Customer demand is so high, and we can only support so much," TSMC CEO C.C. Wei said after a shareholder meeting on Thursday, Reuters reports. "We are doing our best to ensure TSMC does not become a bottleneck." The surge in AI use has already put constraints on the memory industry, with the widespread shortage of RAM and NAND Flash memory expected to last for years. The AI boom is boosting the sale of semiconductor … Read the full story at The Verge.

Few are as delighted by the pending market debut as the vibrant community of space enthusiasts who want to push discovery of the final frontier.

Gwynne Shotwell, the president and chief operating officer, is the adult-in-the-room foil to Mr. Musk as SpaceX prepares for a blockbuster initial public offering.

Coinbase's SpaceX pre-IPO perp runs on USDC and auto-converts after IPO, joining a wave of exchanges including Binance, Hyperliquid, Crypto.com.

Today on Decoder, I’m talking to Ryan Mac, a technology reporter at The New York Times and coauthor of the excellent book Character Limit: How Elon Musk Destroyed Twitter, which came out in 2024. I can’t recommend it enough.  I wanted to have Ryan on the show because we’re on the cusp of the SpaceX IPO, which promises to be one of the most consequential public offerings in history for a variety of reasons — its biggest-ever size, of course, at nearly $2 trillion dollars, but also because all kinds of rules that keep our markets fair are being bent, if not outright broken, along the way. I also wanted to talk to Ryan because buried somewhere inside SpaceX is X, the social platform formerly known as Twitter, which Musk purchased in 2022. That’s what Ryan cowrote that book about.  I was very confident that Musk would come to regret buying Twitter back then. I wrote a piece called “Welcome To hell, Elon,” which is probably the single most-read thing I’ve ever written. My thesis was that th

SpaceX's IPO could redefine market norms, but governance risks and valuation discrepancies may deter cautious investors. The post SpaceX plans $75B IPO, aims for $1.8T valuation on NASDAQ debut appeared first on Crypto Briefing.

The CFTC cleared Coinbase to offer crypto perpetual futures to US traders for the first time, ending a long offshore exclusion. What changed and why it matters.

The consortium's stablecoin initiative could reshape global payments, challenging existing crypto leaders and leveraging vast distribution networks. The post Stripe, Visa, Mastercard, and Coinbase form consortium to launch stablecoin appeared first on Crypto Briefing.