Business
Summary TLDR: Hut 8 plans to use its bitcoin reserves for growth initiatives through direct sales or other strategies. The company’s new treasury strategy will be…
Summary TLDR: The official MicroStrategy X account was hacked, leading to the promotion of a fake coin and the theft of $440,000. The company is known…
Summary TLDR: BlackRock’s spot bitcoin ETF saw record daily trading volumes, signaling continued interest in such funds. The iShares Bitcoin Trust had $1.3 billion worth of…
Summary TLDR: BitForex, a cryptocurrency exchange in Hong Kong, abruptly ceases operations, leaving customers unable to access funds. Significant outflows of $56.5 million detected before closure.…
Summary TLDR: Braiins, a leading mining pool, has introduced Lightning payouts, becoming the first mining pool to do so. This move aims to enhance payment efficiency…
Summary TLDR: EigenLayer, the company behind Ethereum restaking protocol, received a $100 million investment from Andreessen Horowitz. AltLayer and Renzo, projects related to EigenLayer, also secured…
Summary Reddit has added Bitcoin and Ethereum to its balance sheet as it prepares to go public, according to a filing with the SEC. They also…
Summary Former heads of FTX and Celsius hire same lawyers despite conflict of interest concerns. They both waived their right to conflict-free representation. Fidelity’s former exec…
Summary Grayscale Investments open to mergers and acquisitions following legal win against SEC. GBTC asset base shrinking while other bitcoin ETFs seeing inflows. Open to potential…
Summary Carson Group, a $30 billion RIA platform, has approved to offer four spot Bitcoin ETFs to its clients, including BlackRock, Fidelity, Bitwise, and Franklin. The…