In brief HIVE says its 32-megawatt Big Boden facility in Sweden could generate $45 million in annual AI colocation revenue. The proposed …
Million
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Scams
Trump Media Posts $410 Million Profit. Bitcoin Gains Did the Heavy Lifting
by shayaanby shayaanIn brief Trump Media earned $409.7 million in the third quarter, but revenue totaled just $3 million. Bitcoin and securities gains supplied …
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Markets
Goldman Sachs, Citi among banks said to commit $270 million to stablecoin venture
by shayaanby shayaanThe venture, known as Project Faro, plans to issue a dollar-denominated stablecoin and is expected to be incorporated in the U.S. www.coindesk.com
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Fidelity’s Wise Origin Bitcoin Fund (FBTC) went the other way. It pulled in $42.8 million in inflows, making it a rare green …
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Web3
ControlUp Helps SimpsonHaugh Protect Up to £2.56 Million in Productive Capacity Annually
by shayaanby shayaanNew p oductivity a alysis shows ROI has g ow sig ifica tly while also f eei g IT capacity, co solidati …
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Markets
An 11-year-old Ethereum wallet moved $4.6 million and dodged a scam set up in minutes
by shayaanby shayaanBots spotted a wallet from Ethereum’s 2015 launch the moment it stirred and planted lookalike addresses in its history, but the owner …
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That leaves Stacks ahead of Rootstock by $5.7 million. Its $448,000 in quarterly fees was more than double what Hemi generated, at …
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In brief U.S. spot Bitcoin ETFs recorded $430.2 million in net outflows Thursday, led by Fidelity’s FBTC and BlackRock’s IBIT. BlackRock’s fund …
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DeFi
Cardano PRIME Program Allocates 120M ADA to Raise DEFI TVL Above $200 Million
by shayaanby shayaanA four-month analysis phase is to be followed by eight months of incentive-driven capital deployment. How the Funds Will Be Used An …
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Markets
Standard Chartered and SBI back crypto insurer Soter as funding reaches $23.5 million
by shayaanby shayaanSoter also received backing of 500 BTC and 2000 ETH, worth another $43 million at current prices. www.coindesk.com