Amazon
Amazon Enters AI Arms Race as Crypto and Risk Asset Fears Mount
The pivot to AI comes with risks, including heavy borrowing and concerns about sustainability, with potential shortfalls if demand for AI slows.
The Protocol: AWS Outage Halts Some Crypto Apps
Also: Monad’s Tech, Quantum Computing and Bitcoin and Securitize’s MCP Server.
Walmart, Amazon Mull Dollar-Pegged Stablecoins in the U.S.: WSJ
Wall Street Journal reported that the retail giants are exploring digital currencies to bypass card fees and banks.
Bitcoin Overtakes Amazon as the Fifth Largest Asset, Hitting $2.16T Market Cap
Bitcoin rose to a new high of $109,400 on Wednesday before consolidating marginally lower.
Amazon Shareholders Push for Minimum 5% Bitcoin Allocation
The proposal submitted by the National Center for Public Policy Research calls for the company to add BTC to its treasury to beat inflation
Layer-1 Blockchain WAX Signs Deal With Amazon Web Services
The deal will allow developers to deploy nodes on WAX using the AWS console.
Reddit Returns With New NFTs and Crypto Twitter Leaves Threads on Read
Reddit launched Gen 4 of its NFT Collectible Avatars while Amazon expanded its blockchain tools. Also, crypto influencers shared thoughts on Threads and indicated that they aren’t ready to leave Twitter just yet.
Lawmakers Spar over Stablecoin Bill; Amazon Dives Deeper into Web 3
“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as Financial Services Committee Chair Patrick McHenry (R-NC) points to the White House for derailing progress on stablecoin legislation. Plus, a new report from Crystal Blockchain provides an update on the role of crypto donations in Ukraine’s fight against Russia. And, Amazon unveils a new Web3 play.
Amazon Expands Web3 Reach With Cloud Tools That Help Blockchain Developers
The tech giant moves deeper into Web3 infrastructure with AMB Access and Query services for developers.
Central Banks Propose CBDC, Stablecoin Standards With Amazon, Grab Running Trials
The Monetary Authority of Singapore (MAS), in collaboration with the IMF and other central banks, is proposing common conditions for retail payments with digital money on a distributed ledger.
