Crypto news and market updates

Riot Platforms has signed a long-term data center lease agreement tied to Anthropic, giving the Bitcoin miner another route into AI and high-performance computing as miners continue looking beyond block rewards.

BlackRock has reduced the in-kind conversion minimum for its iShares Bitcoin Trust from $25 million to $1 million, potentially making the mechanism available to a wider group of institutional participants.

BitMine Immersion Technologies has added another 7,391 ETH to its balance sheet, pushing its Ethereum treasury to about 5.81 million ETH.

Strategy has added $650 million to its USD reserve and repurchased $109 million of STRC preferred stock, showing again that the company’s Bitcoin strategy is no longer just a simple accumulation story.

Developers behind Solana-based derivatives exchange Drift proposed on Tuesday a recovery plan that would funnel protocol revenue to users who lost money in a devastating April hack.The developers also proposed relaunchin...

A version of this story appeared in The Decentralised newsletter on May 5. Sign up here.GM, Tim here.Decentralised finance is notorious for being home to some pretty wacky ideas with dubious commercial viability.Yet over...

This is a segment from The Breakdown newsletter. To read full editions, subscribe. “I don’t see it as a bad thing, this process that they call ‘dollarization’… Thank god it exists.” — Nicolás Maduro The New York Times re...

The treasury company now holds 673,783 BTC, but flow is more likely to be episodic in this year’s financial climate

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