The stablecoin issuer blacklisted a wallet holding about $318,000 in USDT and USDC. Most of the stolen funds sit in ether, which …
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Massive
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Mexican authorities have dismantled a massive cryptocurrency mining operation that allegedly stole electricity from infrastructure connected to a federal hydroelectric complex. The …
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BitBay became Zondacrypto in 2021. The exchange stopped trading in April after customers faced frozen withdrawals and estimated losses of at least …
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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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Key Takeaways ZEC clocked $979 on Sept. 3, logging a significant 88.1% gain over the past 30 days. Zcash hashrate is sitting …
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Analysis
Top 10 US Companies Capture Record Share of S&P 500 Earnings While Holding Massive Market Weight
by shayaanby shayaanA small group of dominant U.S. companies now controls an outsized portion of both the S&P 500’s overall value and its profits. …
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Markets
A massive $6.4 billion bitcoin options expiry on Friday could amplify volatility
by shayaanby shayaanFriday’s expiry follows bitcoin’s surge from $62,000 to $80,000, leaving market makers with increased exposure to manage around several key strike prices. …
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Ethereum price has broken out—and traders are now staring at $2,500. ETH surged 15% to reclaim $2,200 as buyers unleashed a staggering …
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Markets
Swiss mega-bank UBS ramps up its Bitcoin exposure with a massive 24-fold surge in ETF call options
by shayaanby shayaanDirect holdings of IBIT also rose 12% to 407,890 shares, while put option exposure dropped roughly 53% to 143,300 underlying shares during …
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In brief A team or researchers found that Anthropic, OpenAI, and Google all use a single global encryption key for AI reasoning …
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