SEC sues Mining Automatic and founder over alleged $22M crypto mining scheme
The SEC alleges Mining Automatic and its founder raised $22 million from investors by promising guaranteed crypto mining returns while spending only a fraction…
Exodus to cut 25% of staff in company reorganization
The wallet company said it expected the layoffs to generate between $10 million and $13 million in savings as part of its strategy to build a fullstack card…
Hut 8, IREN deals lift AI-focused Bitcoin mining stocks
Bitcoin miners rallied as investors cheered multibilliondollar AI infrastructure contracts, underscoring the sector’s accelerating shift toward data centers…
Nigerian president signs order on approach to crypto regulation, taxes
The West African country’s executive order established a virtual asset council and addressed the fragmentation of crypto regulation for oversight and…
Bernstein raises Robinhood price target, cites tokenization and prediction markets
The brokerage’s blockchain strategy, including tokenized equities and its Arbitrumbased Robinhood Chain, could reduce its reliance on traditional crypto…
IREN jumps 16% after raising AI cloud revenue target above $4B
The Bitcoin miner raised its yearend AI cloud revenue target to more than $4 billion after signing $2.8 billion in new contracts with AI developers.…
South Korean stocks weren’t a big deal in your emerging-markets fund. Artificial intelligence changed that.
Is your emergingmarkets fund an accidental bet on AI? Returns for these two ETFs show why it might be. Source:MarketWatch
Peter Brandt predicts the exact day Bitcoin’s bear market will be over
Renowned trading analyst Peter Brandt says investing in Bitcoin today, will pay off much better in two to three years than buying AI stocks at current prices.…
Strategy raises $263.5M through MSTR sales, holds 843,775 Bitcoin
Strategy boosted its cash reserve to $3.225 billion after selling MSTR shares, while investors weighed the value of its STRC preferred stock.…
Hyperliquid sets 500,000 HYPE stake for permissionless prediction market deployers
Hyperliquid plans to require developers to stake 500,000 HYPE, worth about $30.4 million, to deploy permissionless prediction markets under HIP4.…
Vietnam sets fines for unlicensed crypto trading ahead of regulation rollout
The new rules establish penalties as much as $1,900 for crypto violations, including unlicensed trading and AML breaches, ahead of Vietnam’s regulated crypto…
Zilliqa asks exchanges to pause ZIL transfers after suspected cold wallet theft
Zilliqa said exchanges paused ZIL deposits and withdrawals after an exchange partner’s cold wallet was compromised, with the amount stolen still undisclosed.…