BitFuFu, a Bitcoin miner and cloud-mining provider, reported a 55.4% rebound in August production as additional capacity came online. Cloud-mining customers accounted …
Millions
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Scams
Top Pentagon AI Official Sold Millions in Perplexity Stock, Disclosures Show
by shayaanby shayaanIn brief Emil Michael, the Pentagon’s undersecretary of defense for research and engineering, sold his Perplexity AI stake in June for between …
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Markets
North Korean hackers are moving tens of millions on Hyperliquid as Trump pushes to onshore the crypto platform
by shayaanby shayaanBlockchain data reviewed by CoinDesk shows wallets tied to North Korea’s Lazarus Group sold more than $30 million in bitcoin on the …
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Finance
How a public crypto firm’s 4.3% AI gain hides millions in balance sheet losses
by shayaanby shayaan$SRX Global reported a 4.3% EMJX gain that the company labels hypothetical, but its first post-acquisition disclosures still leave the central investor …
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The authors of the study examined roughly two months of five-minute bitcoin contracts. They found unusually large orders on Binance in the …
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In brief OFAC designated Shelbit Exchange and Aban Tether, accusing both of moving funds for the Iranian armed forces and previously sanctioned …
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Stablecoin supply has roughly doubled since January 2024, while entity-adjusted transaction volume has grown fourfold to fivefold, according to Coinbase Institutional, opening …
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Markets
Inside Robinhood’s high-stakes bet to onboard millions of casual users onto decentralized finance
by shayaanby shayaanThe company says its advantage lies in bringing retail customers onchain, but early activity remains dominated by memecoins, while its original tokenization …
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Markets
Strategy selling hundreds of millions worth of bitcoin raises question about its capital-allocation playbook
by shayaanby shayaanFirst, it was a tiny amount of bitcoin sales; then, the purchase of several thousand BTC; and finally, today, the unloading of …
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Adoption
Germany’s Savings Banks And Cooperative Banks Roll Out Crypto Trading For Millions
by shayaanby shayaanEurope’s largest economy is about to remove the biggest friction point in retail crypto access. According to a report from Bloomberg, Germany’s …