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Canaan may sell more bitcoin for stock buybacks as mining-rig revenue falls 96%
The Avalon maker has launched a $20 million repurchase program, while most of its bitcoin holdings were pledged or placed in a fixed-term product at…
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Gemini sells UK and European operations to stablecoin payments firm KAST for under $10 million
BlackRock’s IBIT Sees $2B in Outflows Over Nine Trading Days
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MSCI is dropping Strategy from its index, and the exclusion could hit its bitcoin-buying machine
MSCI’s decision to exclude Strategy from its equity indices could hamper the company’s ability to buy more bitcoin, according to some analysts. Source link
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South Korea to Allow Crypto Withdrawal Freezes Over Suspected Hacks
South Korea’s Financial Services Commission (FSC) plans to allow crypto exchanges to suspend deposits and withdrawals when hacking is suspected, rather than waiting until a…
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Zcash holders to vote on pulling 50,000 ZEC, worth $50 million, from grants treasury
The proposal would remove more than half of Zcash Community Grants’ ZEC holdings from circulation and redirect its future block rewards into a new development…
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Binance Security Chief Warned of Hack Tactic Before $6.3B Theft
Months before Binance lost $6.3 billion to a hack, its chief security officer described to Cointelegraph how a fake job interview could give attackers a…
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Bitcoin listless, Nvidia perps crash 7% as CEO Jensen Huang reportedly faces the axe
Nvidia perps are down 7% on Hyperliquid as traders react to reports that CEO Jensen Huang may be removed. Bitcoin continues to trade in a…
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MSCI confirms Strategy, Metaplanet index removals
Index provider MSCI has confirmed Bitcoin treasury company Strategy will be removed from its global equity indexes, following months of debate over whether crypto treasury…
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Suiet Shutdown Follows Decline in Sui Blockchain Users
Cryptocurrency wallet Suiet is shutting down, adding to a series of closures and service withdrawals in the Sui ecosystem. Suiet, a self-custodial wallet built for…
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Nvidia prepares to oust CEO Jensen Huang: WSJ
Nvidia’s board is preparing to oust founder and CEO Jensen Huang after he had two extramarital affairs, including one with a suspected Chinese spy, The…
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Nvidia-Backed CoreWeave Is Surging: Here’s What It Means for the AI Boom
In brief CoreWeave shares jumped 24.7% Wednesday after quarterly revenue reached $3.66 billion, up 168% from a year earlier. Nvidia is both an investor in…
