Coinbase’s AI-focused payment protocol x402 is moving toward becoming an open, standardized infrastructure under the Linux Foundation, the non-profit hub for open-source software development. The move aims to create a community-governed ecosystem for high-frequency, micro transactions that legacy finance can’t efficiently handle. The protocol has formed an initial governing body, the x402 Foundation, that includes […]
CIFR Higher on AWS Deal
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Cipher Mining (CIFR) jumped 19% on Monday after signing a $5.5 billion lease agreement with Amazon Web Services (AWS), pushing deeper into the red-hot artificial intelligence (AI) infrastructure. The 15-year agreement will see Cipher deliver 300 megawatts (MW) of power capacity to AWS by late 2026, with the first phase starting in July, according to […]