Russian crypto traders under pressure from new laws

Russia has been adopting and updating laws allowing it to target cryptocurrency transactions ahead of next year’s launch of its own coin, the digital ruble. The legislative changes make it harder for ordinary Russians to pay with or trade crypto, as operations like these can lead to account freezing, asset seizure and even criminal prosecution. Payment system law to hit peer-to-peer crypto trades in Russia The federal law “On the National Payment System” now empowers banks to restrict access to a client’s bank account if it’s involved in any kind of suspicious transactions, leading Russian crypto news outlet Bits.media raised the alarm this week. Accounts can be blocked if money linked to illegal activities has been credited to them, the portal pointed out, warning that users of crypto exchange services and participants in peer-to-peer (P2P) transactions can easily find themselves in a situation like this. The legislation allows financial institutions to take action in a number of scenarios. These include receiving complaints from third parties, signals alleging illegal actions, including fraud-related flows, and any transfers triggering risk detection systems. Restrictions can be partial or full. In the first case, an affected person is unable to use the payment cards and banking app of a particular institution, and in the latter, the individual loses access to cards issued by all banks and to their platforms. The law’s provisions can be used to target cryptocurrency traders whose bank accounts can be blacklisted by the Central Bank of Russia ( CBR ). The most common instances involve the exchange of digital coins for rubles or P2P swaps. No one is safe from receiving “dirty” cash from fraud and money laundering schemes, online gambling, or other illegal activities, when selling their cryptos for fiat through an online exchanger or a P2P platform, the report noted. Moscow can use money laundering legislation to curb crypto usage Russian banks can also freeze accounts under the law “On combating the legalization of proceeds from crime and the financing of terrorism,” also known as the “money laundering law.” It allows banks to flag as “high-risk” and block any sale of cryptocurrency through P2P platforms and digital asset exchanges. Some of its texts were originally intended to deal with a phenomenon known as “dropping.” In Russian slang, a “dropper” is someone who lends their bank account, wallet or card to fraudsters who use them to launder their criminal proceeds. However, critics say the same provisions can be employed against ordinary users of crypto exchanges and P2P trading platforms who could end up with their bank accounts blocked by financial authorities and institutions as well. In May, legal commentators involved in the crypto space warned that recent amendments to the Criminal Code, again aimed at “droppers,” or “money mules,” as they are called in the West, can also be used to threaten crypto traders with account blocking and even prison time. In June, the Bank of Russia urged commercial banks to exert tighter control on crypto-related transfers. The regulator insisted on the swift identification of such transactions. The updated code authorizes banks to impose monthly limits on wires and prevent cash deposits. Russia clears ground for upcoming digital ruble launch The latest Russian offensive against decentralized digital money comes as Moscow prepares for the full implementation of its digital ruble. The CBR recently set the dates for the gradual launch of the central bank digital currency, which should start on September 1, 2026, after Putin’s recent call for “wide adoption.” Along with the state-issued coin, Russia plans to introduce a universal QR code for payments. Its monetary authority has been vehemently opposed to allowing the use of cryptocurrencies like Bitcoin to pay for goods and services in the country. Crypto payments are only possible within a special “experimental legal regime” designed to help Russian companies circumvent financial restrictions in foreign trade. Using cryptocurrency as a means of payment was banned with the law “On Digital Financial Assets” which went into force in 2021. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now

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Watch Out: Activity in a Company’s Onchain Wallets – Funds Deposited, May Purchase Large Amounts of Altcoins

According to on-chain data, SharpLink's wallet, which has recently moved towards becoming a MicroStrategy for Ethereum, received 145 million USDC from the Circle wallet. While it is thought that this fund may have been newly minted, it is estimated that the company raised funds through share sales in order to increase its Ethereum (ETH) accumulation. SharpLink, which hasn't purchased any ETH all week, currently holds approximately 360,900 ETH in its wallet, with a total value of approximately $1.34 billion. Related News: Everyone Thinks Bitcoin Will Peak Soon, But This Analyst Says ‘Everyone Is Wrong’ "The Real Peak Date and Price..." SharpLink transferred the USDC it received to its Galaxy Digital wallet. Given that the company has previously made large ETH purchases through Galaxy Digital, this transfer is believed to be for a new ETH investment. SharpLink Gaming purchased 74,656 Ethereum between July 7th and 13th, bringing its total holdings to 280,706 ETH. This figure was worth over $1 billion as of July 21st. This puts SharpLink at more Ethereum than any other institution in the world, including the Ethereum Foundation. *This is not investment advice. Continue Reading: Watch Out: Activity in a Company’s Onchain Wallets – Funds Deposited, May Purchase Large Amounts of Altcoins

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XRP Holders Ranking Update: See Where Your Holdings Place You

A recent post by X Finance Bull (@Xfinancebull), a crypto commentator on X, invited XRP holders to share their rankings in what was labeled the “XRP Ocean Ranking System.” This classification, organized by wallet size, assigns oceanic creature names to holders based on the number of XRP they own. The ranking system ranges from Plankton for those with just over 1 XRP to Mega Whale for those holding over 1,000,000 XRP. The intention was to give holders a clearer picture of where they stand in the broader XRP ecosystem. The $XRP Ocean Ranking System Mega Whale = 1,000,000+ XRP Whale = 100,000+ XRP Shark = 50,000+ XRP Dolphin = 10,000+ XRP Fish = 5,000+ XRP Crab = 1,000+ XRP Shrimp = 100+ XRP Plankton = 1+ XRP Where do you rank in the $XRP ocean? Drop it below — X Finance Bull (@Xfinancebull) July 24, 2025 XRP Army Responds Responses from community members revealed a wide range of holdings. One community member expressed confidence about his future, stating that he was on the path to future millions and potentially higher ranks. Others humorously acknowledged their current position in the lower tiers but remained optimistic about upward movement. A few indicated that their holdings had declined, with one noting a drop in rank. Another mentioned rebuilding after diverting funds toward personal obligations, but indicated plans to regain a stronger position. The variety of replies showed a broad range of holdings across the community. While experts have advocated for accumulating and holding XRP, especially during price dips , some suggest that holding even small amounts can be life-changing . The wide range of holders suggests different approaches to crypto investment. Valuations at XRP’s Current Price At XRP’s current market price of $3.14, the dollar value associated with each ranking tier varies significantly. A Mega Whale, holding over 1,000,000 XRP, would possess XRP valued at more than $3.14 million. Whales, with at least 100,000 XRP, would hold a minimum of $314,000 worth of the token. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 These whales often impact the market’s trajectory with major token movements, and XRP has seen notable whale activity recently . Going down a tier, Shark-level holders would command over $157,000 in XRP, while Dolphins would own at least $31,400. Further down the ranking, Fish with 5,000 XRP would hold approximately $15,700 worth of XRP. Crabs, identified as holders of 1,000 XRP, would possess $3,140 in value. Shrimp-level holders, with 100 XRP, hold $314, and Plankton, with at least 1 XRP, hold $3.14 or more. A common theme among responses was aspiration. Several users acknowledged modest holdings but expressed hope for growth. Even those currently in lower tiers described themselves as future high-tier holders. While a few refrained from disclosing their exact positions, the overall tone remained positive. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Holders Ranking Update: See Where Your Holdings Place You appeared first on Times Tabloid .

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271,092,516 ADA Leaves Coinbase Crypto Exchange: Where’s It Headed?

Cardano saw increased whale activity over last 24 hours

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TRON Drops Q2 Report: Revenue, USDT Dominance Lead Multi-Quarter Highs

Tron Inc. (Nasdaq: TRON), the publicly listed company with the largest holdings of the TRON (TRX) token, marked a major milestone on Thursday with a ceremonial visit to the Nasdaq MarketSite in Times Square. Tron Founder and the company’s Global Advisor, Justin Sun, rang the opening bell, signaling a new chapter for the blockchain firm. Related Reading: Ethereum Whales Accumulate Over $4.1B In ETH In Two Weeks – Details Coinciding with the event, TRON released its Q2 2025 earnings report, revealing robust growth across key metrics. TRON’s market capitalization surged 17% quarter-over-quarter (QoQ) to $26.5 billion, while revenue jumped 20.5% QoQ to reach $915.9 million—both standing as multi-quarter highs. The report signals rising institutional interest and growing adoption of the TRON ecosystem at a time when broader crypto markets face mixed sentiment. As the blockchain sector matures, TRON’s blend of aggressive expansion and strong fundamentals appears to position the company favorably in the eyes of both retail and institutional investors. With this dual milestone—market debut and strong Q2 performance—TRON is sending a clear message: it’s here to lead. TRON Reports Deflationary TRX Supply, Record Stablecoin Growth In Q2 TRON’s Q2 report highlights a deflationary shift in TRX supply alongside strong network growth and stablecoin dominance. The circulating supply of TRX declined from 95.0 billion to 94.8 billion tokens, reflecting an annualized inflation rate of approximately -1.8%. While this marks a slightly higher inflation rate than Q1’s -1.6%, it still points to deflationary pressure on TRX, reinforcing its value proposition amid broader market uncertainty. Network activity also showed solid growth during the quarter. Daily average transactions rose 12.6% quarter-over-quarter (QoQ), increasing from 7.7 million to 8.6 million, while daily active addresses climbed 5.9% QoQ from 2.4 million to 2.5 million. These metrics suggest rising user engagement and expanding utility across the TRON ecosystem. Stablecoin activity remains a cornerstone of the network’s success. TRON’s stablecoin market cap surged 22.2% QoQ, rising from $66.2 billion to an all-time high of $80.9 billion. Tether (USDT) continues to dominate, accounting for 99.2% of the stablecoin supply on TRON. By the end of Q2, the USDT market cap on TRON reached $80.3 billion, a 22.2% increase from the previous quarter. Notably, TRON now hosts 50.6% of all USDT in circulation, underscoring its role as the leading blockchain for stablecoin activity. Related Reading: Bitcoin Pullback Remains Within Normal Volatility Range: Drawdown Analysis Shows No Signs Of Panic TRX Price Holds Above Key Support TRON (TRX) is showing resilience following its strong Q2 performance, holding steady above key support levels despite recent market volatility. As of the latest 8-hour chart, TRX is trading at $0.3163, up 0.48% on the day. After reaching a local high near $0.34 earlier this month, TRX experienced a mild pullback but has since stabilized and is now consolidating in a tight range. Price action remains bullish, with TRX trading above the 50-day ($0.3084), 100-day ($0.2935), and 200-day ($0.2840) moving averages—an indication of strong medium- and long-term momentum. The recent bounce from the 50-day MA suggests buyers are actively defending short-term support zones, reinforcing the overall uptrend. Related Reading: Bitcoin LTHs Start Distributing: CDD Ratio Hits Historic Levels A breakout above the $0.32–$0.325 zone could signal a push toward retesting the $0.34 high. A failure to hold above the 50-day MA could open the door to a retest of the $0.30 psychological level. For now, the bias remains cautiously bullish. Featured image from Dall-E, chart from TradingView

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Even $100 in This Low-Priced Crypto Under $1 is Enough to Generate a Bigger ROI Than $1,000 in 2021 Solana (SOL) Did

In early 2021, Solana was trading at just $1.50. By November that year, it had rocketed to nearly $260—a jaw-dropping 17,233% return. Investors who took a modest $1,000 punt on SOL saw their holdings swell to over $170,000 in less than 12 months. It was one of the most legendary rallies in crypto history. But history has a way of repeating itself—just not where you’re always looking. Today, another project is quietly making waves, and seasoned crypto veterans are already eyeing it as “the next Solana moment”—except this time, the entry ticket is even cheaper. Enter Little Pepe ($LILPEPE) —a presale-stage memecoin priced at just $0.0016 as of writing. And according to early projections and its explosive growth trajectory, even a $100 investment at current prices could eclipse the ROI Solana delivered in 2021. From Meme to Machine: Why $LILPEPE Isn’t Just Another Frog Coin On the surface, $LILPEPE is another memecoin born in the Telegram hype and Twitter memes echo chamber. But dive beneath the swampy surface, and you’ll find a serious Layer-2 blockchain project masquerading in meme form. Little Pepe isn’t just aiming to become a viral token—it’s built to rival the scalability of Ethereum Layer 2s like Arbitrum and Optimism. It’s EVM-compatible, gas-efficient, and has near-instant finality. Its utility token, $LILPEPE, powers this entire ecosystem—and with zero buy or sell taxes, it’s designed for real adoption, not speculative pump-and-dumps. As of writing, Little Pepe has successfully sold out Stage 6 of its presale, raising over $8.8 million and distributing more than 6.75 billion tokens. Stage 7 is now live, and tokens are priced at $0.0016. With the listing price set at $0.003, early investors are already looking at a near 88% gain before launch day. But that’s just the beginning. The Road to a 20,000% ROI: Is It Possible? Let’s put the math in perspective. A 20,000% return on a $100 investment would turn it into $20,000. Is that even realistic? Well, consider this: Initial Circulating Supply: Only 20 billion tokens will be circulating at launch, which is just 20% of the total supply. CoinMarketCap Listing: As of writing, $LILPEPE is already live on CoinMarketCap, giving it massive early visibility. Massive Giveaway Hype: A $777,000 giveaway is underway, with ten lucky winners set to receive $77,000 each in tokens. Over 121,000 entries have already been recorded, indicating rapidly growing retail interest. Presale Vesting: With a 3-month cliff and only 5% of presale tokens unlocking every 30 days post-cliff, dumping risk is heavily mitigated—a critical factor for early price stability. Layer 2 Narrative: The 2025 bull run narrative is expected to be driven by utility-heavy memecoins and scalable Layer 2 solutions. $LILPEPE is both. If Little Pepe reaches a modest market cap of $2 billion—a fraction of what Solana achieved at its peak—the price per token would surge well above $0.03, turning early $100 entries into $1,875+. But should it replicate Solana’s breakout ROI of ~17,000%, we’re potentially talking about $17,000+ returns from a mere $100 investment. That’s why some analysts even speculate that a 20,000% gain is within reach, especially given the combined meme virality, strong tokenomics, and blockchain-level fundamentals backing the project. Why $LILPEPE Is One of 2025’s Most Watched Tokens Hybrid Appeal: Combines meme culture with real utility. It’s a blockchain wrapped in humor, which appeals to retail and technical audiences. Zero-Tax Model: With 0% buy/sell tax, $LILPEPE is optimized for high-frequency trading and DeFi use cases. Staking Incentives: 13.5% of the token supply is allocated for staking rewards, encouraging long-term holders and reducing short-term sell pressure. Marketing Muscle: With 10% of supply reserved for marketing, including influencer campaigns and viral content, Little Pepe isn’t just building tech—it’s building culture. Layer 2 Differentiator: Unlike most meme coins, $LILPEPE isn’t just launching on Ethereum—it’s building a Layer 2 of its own. That’s not just ambitious. It’s game-changing. Final Thoughts: Missed Solana? Don’t Miss This If you missed Solana at $1.50, you probably thought you’d never see another 100x, let alone a 200x opportunity. But crypto moves fast. And Little Pepe is moving faster. The presale is progressing rapidly, with Stage 7 live now at $0.0016, and listing just around the corner. With momentum accelerating, a CoinMarketCap listing secured, and a vibrant community of supporters, $LILPEPE is shaping up to be one of the most compelling high-upside opportunities of 2025. You don’t need $1,000. You don’t even need $500. Even a $100 bet at this stage, for the well-positioned and risk-tolerant investor, could be the best-performing decision of the next crypto cycle. For more information about Little Pepe (LILPEPE) visit the links below: Website: https://littlepepe.com Whitepaper: https://littlepepe.com/whitepaper.pdf Telegram: https://t.me/littlepepetoken Twitter/X: https://x.com/littlepepetoken Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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Japan’s Crypto Industry Faces Delays in Token Launches Amid Regulatory Hurdles, Says WeFi CEO

🚀 Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Mars Finance News

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XRP Price News: Top Analyst Predicts Massive Rally For XRP Toward $9–$24

The post XRP Price News: Top Analyst Predicts Massive Rally For XRP Toward $9–$24 appeared first on Coinpedia Fintech News XRP has bounced back from the $3 support level and is now trading around $3.20. However, popular crypto trader EGRAG Crypto has spotted a rare chart pattern that doesn’t appear often, but when it does, it usually leads to huge price jumps. In the past, this signal has led to gains of at least 40,000%. Now, EGRAG believes that if history repeats, XRP could be on its way to a price between $9 and $24. History Repeats? Here’s Why It Matters After last week’s pullback, XRP dropped to around the $3.00 mark, a price level that acted like a safety net. But it didn’t stay there for long. The token bounced back and is now slowly climbing, trading close to $3.20 , giving early signs that buyers are stepping in again. Looking back, XRP saw its first major crossover in March 2017, followed by an eye-watering 40,000% rally before the cycle peak. The next crossover came in August 2020, pushing XRP up nearly 750% at the time. Now, EGRAG highlights that in October 2024, the 21 EMA has again crossed above the 55 SMA, and since then, XRP has already pumped 560%. While this surge may seem big, history suggests it might just be the beginning. #XRP – Insights on 21 EMA and 55 SMA #Bulli Cross ( $9 or $24): Let’s examine what has happened in the past with the 21 EMA and 55 SMA on the weekly timeframe. In March 2017, we witnessed a #bullish crossover, leading to an astonishing 40,000% pump until the cycle top! … pic.twitter.com/Yi5NNFumlS — EGRAG CRYPTO (@egragcrypto) July 26, 2025 How High Could XRP Go? EGRAG didn’t just spot a pattern, he also looked at how XRP reacted in the past when this same setup appeared. In 2017, XRP saw a huge rally after this crossover. Now, EGRAG says that even if XRP repeats just 10% of that old rally, the price could still jump by 4,000%, pushing it above the $9 mark. But that’s not the only possibility. If XRP performs just twice as well as it did in 2020, which saw a 750% gain then we could still see a 1,500% move, taking the price close to $24. The charts EGRAG shared also match this idea. XRP is currently moving within a rising channel, very similar to its past breakout setups. XRP Price Analysis As of now, XRP is trading around $3.19, showing a small bounce after last week’s dip. Based on the 4-hour price chart ,XRP may climb backto the 21 EMA (Exponential Moving Average), which often acts like a short-term support zone. This move hints that buyers might be stepping in again after a brief sell-off. The Relative Strength Index (RSI) is now at 47.89, right in the middle, suggesting the market isn’t overbought or oversold, and there’s still room for XRP to climb. If the price can stay steady above the key $3.00 level, it could give bulls more confidence to push harder

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Top AI Crypto to Watch: Ozak AI Presale Could Be the Last Chance Before a $1 Launch

Artificial intelligence has become the most powerful tech trend of the decade, and crypto is finally catching up. As AI adoption accelerates across sectors—from finance and healthcare to content creation and automation—AI-powered cryptocurrencies are emerging as high-growth opportunities for investors. Among the rising stars is Ozak AI, a fast-growing AI crypto project currently in its 4th presale stage, priced at just $0.005. With over $1.44 million raised so far, it has become one of the most talked-about early-stage tokens in the AI + blockchain narrative. Many early investors believe that Ozak AI could surge toward $1 within months of listing—offering a rare window of opportunity for 100x returns. Ozak AI: Early Entry Into the Next 100x Trend While many AI coins are already trading at high valuations, Ozak AI is still at its presale stage—offering early access to a low-cap token with exponential growth potential. The token is priced at just $0.005 in Stage 4, but each subsequent stage is set to increase in price, allowing only the earliest backers to lock in maximum gains. Importantly, the presale has already raised over $1.44 million, indicating strong investor confidence and momentum. That kind of traction suggests the Ozak AI launch is likely to see heavy demand—something that often triggers a post-listing price explosion. If Ozak AI follows a similar path to SHIB, PEPE, or other viral tokens, it’s entirely possible for it to hit $1—or more—especially as broader interest in AI continues to rise. Community and Buzz Building Fast Presale tokens often live by their ability to build community, generate hype, and maintain consistent growth. Ozak AI seems to be checking all these boxes. The token is gaining traction across major platforms like Twitter, Telegram, and other social platforms. Influencers are starting to take notice, and presale updates are being shared across AI and crypto discussion boards. This kind of organic growth is a strong indicator of future viral momentum. And once a token builds a passionate community that believes in the mission and holds long-term, skyrocketing price action becomes far more likely. A Presale Opportunity That Won’t Last Long With the Ozak AI presale in its 4th stage, the token is expected to enter additional rounds with gradually increasing prices before its eventual exchange listings. That means the $0.005 price point could be the lowest it ever sees. Crypto investors know how quickly presales can sell out—especially when the project fits a high-demand niche like AI. This could be the last chance to get in before a massive surge, particularly if Ozak AI announces big partnerships, exchange listings, or tech rollouts post-launch. A jump from $0.005 to $1 might seem ambitious, but it’s not unprecedented in crypto. Meme coins with no real utility have done it—purely on hype and community alone. What gives Ozak AI an even stronger chance is that it sits at the center of two megatrends: artificial intelligence and decentralized finance. As the AI narrative deepens, and investors look for the next underdog success story, Ozak AI stands out as one of the most promising tokens of the cycle. With low entry price, surging presale numbers, and increasing buzz, it has all the ingredients to become a breakout hit in 2025. If the user missed PEPE, SHIB, or the early AI coin pumps, this may be your final shot to get in before a potential $1 launch. About Ozak AI Ozak AI is a blockchain-based crypto task that provides an innovative platform that focuses on predictive AI and advanced data analytics for financial markets. Through machine learning algorithms and decentralized community technologies, Ozak AI enables real-time, accurate, and actionable insights to help crypto lovers and corporations make the perfect choices. For more, visit Website: https://ozak.ai/ Telegram: https://t.me/OzakAGI Twitter: https://x.com/ozakagi Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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Huawei's new CloudMatrix 384 touted as biggest test to Nvidia's AI dominance

Huawei unveiled its most aggressive artificial intelligence system to date on Saturday in Shanghai. The CloudMatrix 384 made its first public appearance at the World Artificial Intelligence Conference (WAIC), where companies from across China brought out their newest AI hardware. According to Reuters , Huawei’s latest system is being positioned as a direct threat to Nvidia’s top-level server product, the GB200 NVL72, at a time when U.S. export controls are still blocking China’s access to advanced foreign chips. The system features 384 of the new 910C chips. By comparison, Nvidia’s GB200 NVL72 only includes 72 of its B200 processors. Huawei’s design stacks more of its chips to compensate for each chip’s lower performance, combining them using what it calls a “supernode” architecture. This setup allows ultra-high-speed communication between the chips, improving processing power on a system level. The goal is simple: replace the foreign gear Chinese firms can’t legally buy with something homegrown that can compete. Huawei uses scale to go after banned chips Zhang Pingan, CEO of Huawei Cloud, said in June that the CloudMatrix 384 system is already up and running inside Huawei’s cloud platform. Its rollout follows the system’s low-profile announcement in April, which drew early attention from analysts. One of the most vocal was Dylan Patel, who runs the semiconductor research firm SemiAnalysis. In an article that same month, Dylan wrote that Huawei “now has AI system capabilities that could beat Nvidia”. The CloudMatrix 384 didn’t generate excitement because of its chip count alone. What caught industry attention was how Huawei designed the system to scale. The chips themselves are not as powerful as Nvidia’s individually, but the way they are networked allows the system to handle demanding AI workloads. Dylan’s firm also said Huawei’s setup performs better on certain metrics than Nvidia’s flagship rack. Despite facing U.S. sanctions, Huawei has become the most viable local option for AI chip systems inside China. Jensen Huang, Nvidia’s CEO, acknowledged as much in a May interview with Bloomberg, saying Huawei had been “moving quite fast” and explicitly pointed to the CloudMatrix as an example. With Nvidia legally blocked from selling its strongest hardware to China, firms like Huawei have started to fill the vacuum left behind. Nvidia fights smuggling claims as Huawei gains ground While Huawei was putting its new system on display, Nvidia was responding to reports of unauthorized chip sales into China. On Thursday, the company told CNBC that data centers built with smuggled gear are a “losing proposition,” both technically and financially. The statement was triggered by a Financial Times investigation that claimed over $1 billion worth of Nvidia AI chips had entered China through unofficial channels. The report detailed how Nvidia’s B200 chips, which are banned from export to China, had been bought on the black market. These sales reportedly began in May, with Chinese distributors supplying data center builders whose clients include major Chinese AI groups. The chips had been in high demand ever since President Donald Trump tightened export controls on the country’s chip imports. Nvidia’s attempt to meet compliance rules came in the form of the H20 chip , a custom product designed to skirt older U.S. sanctions. But in April, Washington told the company it would need a license to ship even that. This effectively froze all shipments of the chip to China. Nvidia’s CEO said last week that the company is now preparing to resume H20 sales, following a breakthrough in talks with Trump’s administration. Jensen also confirmed that he wants to sell more powerful chips than the H20 to China, despite the restrictions. For now, the company remains limited to what Washington allows. But while Nvidia deals with red tape and black-market issues, Huawei is openly rolling out systems like the CloudMatrix 384, fully built with local technology and already running inside its cloud network. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot

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