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Binance Counters Claims of Mixing Company and Client Funds
In a swift response to a Reuters report, prominent crypto trading platform Binance firmly refuted claims of impropriety in managing its clients' assets. The allegation centered on Binance purportedly infringing US banking norms by merging customer deposits with the firm's operational earnings. 
Nvidia CEO projects $3-4T AI infrastructure spending by 2030
Nvidia CEO Jensen Huang forecasted global AI infrastructure investment will reach $3 trillion to $4 trillion by 2030 during the company's earnings call, Reuters reports. The chipmaker guided third-quarter revenue at approximately $54 billion, plus or minus 2%, exceeding Wall Street projections. 
New Findings Shed Light on Binance's Wrongdoings
Journalists from Reuters, drawing on insider information from Binance employees, have conducted their own investigation. Their findings suggest that Changpeng Zhao's (CZ) claims of fair competition and customer respect are at odds with the company's actions. 
Cryptocurrency-focused media company CoinDesk Inc. is exploring options for a partial or complete sale of the outlet. CoinDesk has hired experts from the independent investment bank Lazard Ltd. to study the matter.
"My goal in hiring Lazard is to explore various options to attract growth capital to the CoinDesk business, which may include a partial or full sale," CEO Kevin Worth told Reuters.
According to Worth, they received many indications of interest in the business from potential buyers. 