The investment expands a strategic partnership to bring tokenized, voting-enabled equities to crypto exchange users. www.coindesk.com
Billion
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Markets
Strive’s SATA nears $1 billion market cap as Strategy’s STRC continues to underperform
by shayaanby shayaanSATA’s 13% annualised dividend and resilience around par are helping Strive raise capital and outperform Strategy. www.coindesk.com
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The largest Bitcoin miners have effectively stopped selling their mined coins and switched to a strict holding mode, driven by a massive …
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Mining
Wall Street is turning AI’s massive electricity appetite into a $61 billion bond market
by shayaanby shayaanEvery interaction with AI uses electricity in a data center. Servers calculate the answer, cooling equipment carries away the heat, and network …
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In brief TikTok parent company ByteDance secured a $29.6 billion loan from nearly 30 Chinese and international banks, according to Reuters. Strong …
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In brief Hyperscale Data stopped Bitcoin mining at its Michigan data center on September 1. The AI agreement could generate more than …
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Markets
OpenAI puts $1 billion behind cyber defense after unveiling AI that can find zero-days
by shayaanby shayaanThe company is subsidizing access to its Daybreak security platform after saying Astra can independently find previously unknown software flaws and turn …
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Aave has reached a significant milestone with $12.5 billion in active loans, an increase of more than $1.5 billion in just a …
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In brief Nvidia wrote MediaTek a $3.5 billion check for convertible bonds, its largest direct investment outside the US, covering about 90% …
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Hut 8 HUT$79.67·At close made its name building infrastructure to mine bitcoin BTC$78,003.01, and a site it is developing in Texas will …