Billions

BNY’s Digital Asset Custody platform plans to provide institutional crypto staking support through Galaxy’s infrastructure, the two firms said Aug. 4. BNY …

Bitcoin miners are redirecting billions of dollars and scarce power capacity toward artificial intelligence as $BTC’s downturn pushes mining profitability close to …

The deals sparked a rebound in AI compute stocks after investors questioned demand for new data center capacity. www.coindesk.com

Americans are on pace to lose more money on legal gambling this year than at any point in the country’s history. A …

A7A5 claims crypto data providers understate its trading activity, while blockchain analytics firms say the ruble-backed token’s volumes have fallen sharply this …

In brief The U.S. Justice Department seized a cloud computing account that hosted backend infrastructure for subsidiaries of Cambodia’s Huione Group, which …

Preliminary data released Monday showed South Korea’s exports climbed 60.4% from a year earlier for the first 20 days of June. So …

Billionaire Ron Baron believes that his firm’s $25 billion stake in Elon Musk’s rocket company, SpaceX (SPCX), will soar in value over …

Public Bitcoin miners are increasingly being valued as AI infrastructure companies, but turning that narrative into reality could require roughly $50 billion …

In short SpaceX’s stock surge following last week’s IPO could benefit FTX’s creditors, as the defunct crypto exchange took a stake before …