The Future of Over 61,000 Bitcoins is Being Discussed The case known as Blue Sky Green centers around a large-scale investment fraud …
Billions
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Markets
XRP Ledger patched decade-old bug that could create billions of dollars in XRP from nothing
by shayaanby shayaanResearchers demonstrated how a payment could create spendable XRP without the sender funding it, prompting an emergency software release. www.coindesk.com
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Markets
U.S.- China AI race heats up as Chinese rivals secure billions ahead of IPOs
by shayaanby shayaanDeepSeek and Moonshot attract fresh capital ahead of planned listings, while OpenAI courts major investors. www.coindesk.com
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Markets
Kraken’s parent Payward is betting billions on becoming financial infrastructure, not just a crypto exchange
by shayaanby shayaanKraken parent Payward is unifying trading, payments, asset management and institutional services on common rails, co-CEO Arjun Sethi said. www.coindesk.com
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Public Bitcoin miners are spending billions chasing artificial intelligence and high-performance computing revenue, though returns have yet to keep pace, underscoring the …
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Finance
BNY and BlackRock funnel billions through one infrastructure provider, exposing the fragile illusion of crypto diversification
by shayaanby shayaanBNY’s Digital Asset Custody platform plans to provide institutional crypto staking support through Galaxy’s infrastructure, the two firms said Aug. 4. BNY …
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Mining
Bitcoin miners pour billions into AI – but the pivot could leave them regretting it within a year
by shayaanby shayaanBitcoin miners are redirecting billions of dollars and scarce power capacity toward artificial intelligence as $BTC’s downturn pushes mining profitability close to …
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Markets
AI compute stocks bounce as Hut 8, IREN land billions in new contracts
by shayaanby shayaanThe deals sparked a rebound in AI compute stocks after investors questioned demand for new data center capacity. www.coindesk.com
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Finance
Americans lost hundreds of billions on crypto speculation. Why is only some of it considered gambling?
by shayaanby shayaanAmericans are on pace to lose more money on legal gambling this year than at any point in the country’s history. A …
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Markets
This sanctioned Russian stablecoin claims it processes billions, but blockchain analysts disagree
by shayaanby shayaanA7A5 claims crypto data providers understate its trading activity, while blockchain analytics firms say the ruble-backed token’s volumes have fallen sharply this …