NVIDIA earning smashed expectations and Kalshi cracks down on a Mr. Beast employee.

You're watching Coin Desk Daily. I'm Jen Sanassi.

Nvidia shattered Wall Street's expectations for the fourth quarter reporting a staggering $68.1 billion in revenue up 73% from last year.

The massive fourth quarter was fueled by a record $62.3 billion from its data center business

as tech giants continue pouring cash into AI infrastructure.

CEO Jensen Huang doubled down on the company's future, stating that AI is here and will only get better from here.

The blowout report sent ripples straight into the crypto market, briefly pushing Bitcoin

higher and sending AI-focused tokens on a frenzy.

Prediction market, Kalshi is cracking down on insider trading and a Mr. Beast employee got

caught.

The platform announced at penalized two users for trading on non-public information.

The first is Artem Kaptor, a visual effects editor for Mr. Beast's reality show, Beast Games.

Kaptor placed $4,000 in bets regarding outcomes on the show, resulting in a two-year suspension from Kalshi and a $20,000 fine.

In a second case, a California

gubernatorial candidate was banned for five years after betting on his own political campaign.

The CFTC praised Kalsh's internal policing, but the case is highlighted a growing headache for

regulators as prediction markets allow users to bet on highly niche pop culture events, defining and catching

insiders becoming a monumental task.

And major university and philanthropic endowments are facing a massive math problem, and

crypto could be the answer.

Speaking at the I Connections Conference, chief investment officers warned that the traditional

investing playbook is broken because private foundations are required to pay out

...