HIVE buys $58 million Toronto plot for AI facility; shares climb
The bitcoin mining firm continues on its investment path into AI data centers after raising $115 million to expand its global footprint in the industry.
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Ex-OpenAI’s Leopold Aschenbrenner bets big on crypto miners for his $13.6 billion AI play
Aschenbrenner is shorting Nvidia and AMD in favor of bitcoin miners that own the electricity and data centers needed to fuel the next phase of the AI boom.
Aave restores ether borrowing limits after $230 million exploit
The DeFi lending protocol reversed restrictions imposed after April’s $292 million exploit, restoring borrowing capacity across six networks as contagion fears ease.
Bitcoin Depot, North America’s largest bitcoin ATM operator, files for bankruptcy
Bitcoin Depot, the largest bitcoin ATM operator in North America and publicly listed on Nasdaq, has filed for Chapter 11 bankruptcy.
Iran may be turning the Strait of Hormuz into a bitcoin-based insurance market, local reports say
State-linked Fars News reported that Iran’s economy ministry has been working on a plan to manage shipping through the Strait with payments in bitcoin.
Crypto traders betting on a rally lose $563 million in liquidations. Ether and bitcoin suffer the most
Ether and bitcoin led liquidations, as their prices dropped on macroeconomic concerns.
HYPE pops 7%, beating bitcoin declines, as SpaceX pre-IPO lands on Hyperliquid
Hyperliquid’s HYPE token rallied 7% over 24 hours after Trade.xyz launched the first pre-IPO perpetual market on the platform, offering synthetic exposure to SpaceX at a reference valuation of $1.78 trillion.
Yet another crypto bridge falls victim to an $11 million hack
The latest attack adds to growing string of cross-chain infrastructure exploits.
Bitcoin slides under $77,000 as oil shock and Treasury yields hit risk assets
Long-term holders are still sitting tight and exchange balances remain near six-year lows, Binance Research data shows, but underwater short-term holders leave BTC vulnerable to macro shocks.
A Russian stablecoin built to dodge sanctions says it can survive even if they’re lifted
A7A5, the Russia-linked stablecoin built to move money around banking restrictions, says faster trade settlement, yield and regional crypto infrastructure could keep it relevant even if geopolitical tensions ease.