Business
Summary TLDR: British Columbia-based Bitcoin mining firm IREN’s stock price surged ahead of the Bitcoin halving after announcing fully funded expansion plans to double computer fleet…
Summary TLDR: The team behind Solareum, a Telegram trading app for Solana-based tokens, announced they are shutting down after an exploit drained $523,000 worth of SOL…
Summary TLDR: Binance added three new board members, including Gabriel Abed, Xin Wang, and Arnaud Ventura. The company is facing potential penalties and legal action in…
Summary TLDR: Hut 8 plans to deploy its bitcoin holdings with discipline before the halving, diversify revenue streams, and grow its HPC and AI business. The…
Summary TLDR: Tether has acquired 8,888 BTC worth around $600 million, revealed through on-chain data. They have not disclosed their Bitcoin addresses but the recipient address…
Summary TLDR: Ian De Bode leaves McKinsey to join real-world asset startup Ondo Finance as chief strategy officer. Bitfarms is looking for a new CEO. Other…
Summary TLDR: Web3 startups are turning to accelerator programs for mentorship and funding, with a16z, Avalanche, and Helika launching their own programs. Venture capital in the…
Summary Bitmain launched the Antminer S21 Pro at the Global Digital Mining Summit, boasting a hash rate of 234 TH/s and energy efficiency ratio of 15.0…
Summary Decentralized Pictures is launching its own streaming service, DCP+, which will allow filmmakers to distribute their content for free in a fair and transparent way.…
Summary TLDR: Bitcoin halving will reduce mining rewards, forcing companies to be more efficient and access capital. Companies are acquiring properties, upgrading machine fleets, cutting costs,…