Michael Weisz will lead Kamino from a new New York headquarters as the DeFi lender is expanding into tokenized assets. www.coindesk.com
Expansion
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Mining
Bitcoin mining supplies 90% of HIVE’s $1 million daily revenue despite ongoing AI expansion
by shayaanby shayaanHIVE Digital Technologies said its Bitcoin-mining and GPU-cloud businesses generated more than $1 million in combined average daily revenue from Aug. 21 …
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Blockchain intelligence firm TRM Labs has doubled its valuation to $2 billion following an expansion of its Series C funding round led …
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Mirae Asset Financial Group has outlined a plan to build Digital X, formerly the Korbit exchange, into a 150 trillion won digital-asset …
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Adoption
Imin Pursues White-Label Expansion Into Japan, Taiwan And Southeast Asia
by shayaanby shayaanA social fintech platform is testing a licensing shortcut across three of Asia’s most fragmented consumer markets. Rather than building regulated operations …
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Metaplanet has executed a subscription agreement that will put 2,100 BTC into a Nasdaq-listed vehicle as part of its push to build …
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Markets
US Treasury Buyback Expansion Adds New Macro Liquidity Signal For Bitcoin Traders
by shayaanby shayaanThe US Treasury has increased the maximum size of liquidity-support buyback operations for longer-dated nominal coupon securities, adding another macro signal for …
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Institutional Zcash miner Fortitude is significantly expanding its mining operations after signing a definitive agreement with Bitmain to purchase 9,000 Antminer Z15 …
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Finance
TD Cowen Lowers Smarter Web Price Target to 0.64 Pound, Maintains Buy Rating Amid Bitcoin Treasury Expansion
by shayaanby shayaanTD Cowen has reduced its price target for Smarter Web Company (SWC), a London Stock Exchange-listed firm pursuing a strategic Bitcoin accumulation …
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Markets
Circle soars after securing U.S. trust bank approval in crypto expansion
by shayaanby shayaanThe approval adds to a growing list of crypto firms seeking federal banking licenses as the industry moves into the regulated financial …