Key Takeaways: Hut 8 secured a $200 million credit facility with Falconx at 7.0%, replacing its prior Coinbase agreement. The deal unencumbered 3,300 bitcoin worth $260 million on May 1, 2026, signaling lower industry debt […]
Brad Garlinghouse, CEO of Ripple Labs, warned Tuesday that recent progress on the digital asset market structure bill in the US Senate did not guarantee success for the legislation, speculating that the next two weeks […]
Bitcoin (BTC) holds above $81,000 as short-term momentum strengthens. Weak network growth signals cautious market participation. BTC faces major resistance at $89,500. Bitcoin has climbed above $81,000, extending its monthly recovery and testing its highest […]
TLDR: Buterin declared consortium blockchains a failure at Arbitrum Day on July 20, 2024, citing cartel-like structures. He proposed adding Merkle roots and validity proofs to centralized servers as a low-disruption enterprise fix. Buterin defined […]
Space and Time (SXT), a level-1 data blockchain that secures onchain finance projects, has launched a virtual vault platform that it says is purpose-built for institutional lending. The Microsoft-backed blockchain said on Tuesday that its […]
Make CryptoSlate preferred on Coinbase will cut about 700 employees, or 14% of its workforce, under a May 5 restructuring plan that the company says will cost $50 million to $60 million. The company framed […]
Brian Armstrong said Coinbase is cutting its workforce by around 14% as it responds to a weaker market environment and rapid productivity gains driven by AI. This is an email I sent earlier today to […]
Key takeaways Bitcoin briefly topped the $81,000 mark on Tuesday, the highest level in three months. Crypto sentiment improves, with inflows into US-listed spot ETFs totaling $154 million last week. Bitcoin (BTC) is hovering just […]
Nasdaq-listed Bitcoin mining and energy infrastructure company Hut 8 secured a $200 million Bitcoin-backed credit facility from institutional crypto prime brokerage FalconX, replacing its prior credit facility with Coinbase Credit. The new facility reducwd the […]
Key Takeaways: The DOJ charged Army Sgt. Van Dyke for using classified data to net over $400,000 on Polymarket. Stefan Muehlbauer notes that the case subjects decentralized platforms to the Commodity Exchange Act. A June […]
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