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Exodus to cut 25% of staff in company reorganization
The wallet company said it expected the layoffs to generate between $10 million and $13 million in savings as part of its strategy to build…
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Bitcoin Holds $65K Amid Tech Sell-Off. Cautious Bulls Eye $70K Rally.
SEC Targets Mining Automatic in Alleged $22M Fraud Case
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BitMine Nears 5% of Ethereum supply with 5.78M ETH Treasury
Top Ethereum treasury company Bitmine said Monday its Ether holdings had reached 5.78 million tokens, representing about 4.8% of Ethereum’s circulating supply, as the company…
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Bitcoin Mining Stocks Jump on AI Infrastructure Momentum
Shares of several Bitcoin mining companies surged Monday after Hut 8 and IREN announced major AI infrastructure deals, reinforcing investor optimism around miners expanding into…
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Nigerian President Signs Order on Approach to Crypto Regulation, Taxes
President Bola Ahmed Tinubu of Nigeria has moved to address what his office called the fragmentation of digital asset regulation. The Nigerian president’s special adviser…
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Bernstein raises Robinhood target on tokenization outlook
Analysts at Bernstein have raised their price target on Robinhood Markets, based on their investment thesis that the online brokerage’s next phase of growth will…
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Bitcoin Struggles At $65,000 Amid US-Iran War, Tech-Stock Selling Hurdles
Traders balked on Bitcoin (BTC) at $65,000 on Monday as crypto and risk-assets remained under pressure. Key points: Bitcoin staged several unsuccessful attempts to break…
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IREN jumps 16% after raising AI cloud revenue target above $4B
The Bitcoin miner raised its year-end AI cloud revenue target to more than $4 billion after signing $2.8 billion in new contracts with AI developers.…
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Inside Cardano’s ‘Van Rossum’ hard fork, and how it matters for users
It adds new capabilities to Plutus, the platform developers use to write Cardano’s smart contracts, unifying the built-in functions available across the platform’s three versions…
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Exodus (EXOD) to cut 25% of global workforce in payments shift
Crypto wallet firm Exodus Movement (EXOD) will cut about 25% of its global workforce as it reshapes its business around stablecoin payments and card infrastructure.…
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Hut 8, IREN land billions in new contracts, lifting AI compute stocks MARA, RIOT, WULF
Shares of bitcoin miners turned AI infrastructure providers surged Monday after Hut 8 (HUT) and IREN (IREN) announced billions of dollars in new contracts, easing…
