Hut 8 reported over $7 billion of cash, restricted cash, and cash equivalents at June 30, but its Aug. 4 quarterly filing …
Tag:
shrinks
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Markets
Bitcoin mining difficulty shrinks 14% from this year's high as plunging revenues force operators to pivot
by shayaanby shayaanDifficulty falls as weak mining economics reduce capacity, while forward markets signal little relief through year-end. www.coindesk.com
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Mining
American Bitcoin Shrinks Float 93% as Reverse Split Takes Effect Thursday
by shayaanby shayaanKey Takeaways American Bitcoin’s reverse split takes effect at 5 p.m. on July 2, 2026. Shares outstanding drop from 1.09 billion to …
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In brief Google said its TurboQuant algorithm can cut a major AI memory bottleneck by at least sixfold with no accuracy loss …
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Markets
Leading stablecoin Tether shrinks again as market cap looks set for second straight monthly drop
by shayaanby shayaanGrowth of tether and other top stablecoins has stalled, posing risk to the broader crypto market. www.coindesk.com
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DeFi
DeFi landscape ends 2024 with 2.5X growth, Ethereum (ETH) shrinks its dominance
by shayaanby shayaanThe DeFi landscape evolved in the past few years, with a shifting balance of the most widely used chains. A trend has …