Business
Companies, funding, deals and the money behind the industry.
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Public Bitcoin miners cut hashrate 13.4% as AI infrastructure revenue grows
Publicly traded Bitcoin mining companies collectively reduced their hashrate by 13.4% in recent months, marking a strategic shift as many operators pivot toward the more lucrative…
Bullish shares jump 10% as Q2 adjusted EBITDA more than triples
Shares of crypto exchange operator Bullish climbed roughly 10% after the company reported that its secondquarter adjusted EBITDA more than tripled, alongside record revenue from…
Trezor reports data from 14K users exposed through shipping provider
Hardware wallet maker Trezor has disclosed that personal information belonging to roughly 14,000 of its customers was exposed through a breach at one of its thirdparty shipping…
Bitcoin keeps traders guessing near $64K as stocks gain on cool US PPI data
Bitcoin hovered near the $64,000 mark on Thursday, leaving traders uncertain about its next move even as US equities pushed higher on the back of encouraging inflation data.…
Crypto for Advisors: The crypto advice gap
As cryptocurrency continues its march into mainstream investment portfolios, a widening disconnect has emerged between the demand for digital asset guidance and the ability of…
B2C2 taps Schroders veteran to chase Asia’s growing crypto wealth
B2C2, the institutional crypto liquidity provider, has recruited a former Schroders Wealth Management Asia chairman as it moves to capture the growing pool of digitalasset wealth…
Kalshi in talks with Sequoia, Wellington for $750 million fund raise at $40 billion valuation
Predictionmarket platform Kalshi is reportedly in discussions with prominent investors, including Sequoia Capital and Wellington Management, over a fresh $750 million funding…
Ethereum DeFi Platform Ether.fi Adds Tokenized Stocks and Portfolio-Backed Loans
Ether.fi, the Ethereum staking platform, is broadening its reach beyond crypto yield products by introducing tokenized stock trading, fiatlinked accounts, and portfoliobacked…
Swissquote cuts full-year guidance as 1H crypto income plunges, shares slide
Swiss online banking group Swissquote has trimmed its fullyear revenue and profit forecasts after a sharp drop in cryptocurrency trading activity dented its firsthalf results,…
Crypto platform operator gets 15-year prison sentence in South Korea due to $50 million scam
A South Korean court has handed down a 15year prison sentence to the operator of crypto lending platform Delio, following one of the country's most significant digital asset fraud…
Figure revenue doubles as blockchain loan marketplace volumes surge
Figure Technologies reported that its quarterly revenue doubled to $226 million, driven by a sharp increase in activity across its blockchainbased loan marketplace, where…
Bitmine’s $257M annualized staking income ‘fills’ operational gaps, share buybacks: analysts
Ethereum treasury company Bitmine is generating roughly $257 million in annualized income from staking its Ether holdings, a revenue stream analysts say provides crucial financial…
Trezor Customer Data Exposed in Shipping Partner Breach
Hardware wallet maker Trezor has confirmed that some customer information was exposed following a data breach at one of its thirdparty shipping partners, though the company…
MUFG PoC to bring Japanese government bond repo transactions onchain
Mitsubishi UFJ Financial Group, Japan's largest banking group, has launched a proofofconcept initiative aimed at moving Japanese government bond repurchase agreement transactions…
Bullish shares surge 14% as subscription revenue offsets digital asset slowdown
Shares of Bullish jumped 14% after the crypto exchange operator reported secondquarter results that showed its growing subscription business helping to cushion a slowdown in…
Bullish Q2 adjusted earnings in line as rise in subscription revenue offsets digital asset slowdown
Cryptocurrency exchange operator Bullish delivered secondquarter adjusted earnings that met expectations, as a surge in subscription and services revenue helped cushion a sharp…
Morning Minute: The SEC Plans Rules for Tokenized Stocks
The U.S. Securities and Exchange Commission is preparing to unveil a regulatory framework for tokenized stocks, with an announcement potentially coming as soon as Friday in what…
SEC allows Franklin Templeton funds to invest in onchain money fund
The US Securities and Exchange Commission has cleared the way for Franklin Templeton's investment funds to park their cash in the asset manager's own tokenized money market fund,…
Twitch Turns On Amazon AI Training by Default: 'Nobody Would Opt In'
Twitch has quietly enabled a setting that allows Amazon to use creator content for artificial intelligence training by default, sparking backlash from streamers who argue the…
Strategy, Metaplanet unrealized bitcoin losses highlight risk of concentrating on just one token
Bitcoin's recent price slide has pushed some of the world's most prominent corporate holders of the cryptocurrency into unrealized losses, spotlighting the dangers of building a…



