Terawulf and IREN Shift to AI as Bitcoin Mining Revenue Shrinks
Terawulf's Q3 revenue rose on HPC leasing, but operating losses widened; IREN's bitcoin mining revenue fell 88% year-over-year as it pivots to AI cloud services.
Read articleTerawulf's Q3 revenue rose on HPC leasing, but operating losses widened; IREN's bitcoin mining revenue fell 88% year-over-year as it pivots to AI cloud services.
Tether's partnership with RedStone aims to provide round-the-clock liquidity for tokenized assets on Hadron, but the model depends on approved buyers willing to advance cash and wait for the underlying investment to pay ...
Fundstrat's Tom Lee says he would buy the AI stock dip and expects a 15% Nasdaq rally, while JPMorgan's Jack Caffrey calls the drop normal.
FinCEN orders US financial institutions to stop processing transactions involving MEXC Global, accusing the exchange of facilitating at least $16 billion in illicit activity tied to sanctions evasion and cybercrime.
FinCEN accuses MEXC Global of facilitating at least $16 billion in illicit transactions and names it a primary money laundering concern.
Core Scientific plans to end Bitcoin mining by December 2026 and become a dedicated AI and HPC colocation provider, as Q3 colocation revenue surged to $215.4 million.
The US Department of the Treasury on Friday issued an order to cut cryptocurrency exchange MEXC Global off from the US financial system after accusing it of facilitating at least $16 billion in transactions linked to san...
Hyperliquid CEO Jeff Yan used a main-stage session at TOKEN2049 Singapore to outline the platform's order-book architecture, fee-funded token buybacks, and growing share of non-crypto trading volume.
Bloomberg analyst James Seyffart projects ETFs could overtake mutual funds in assets under management within two to three years, as Bitcoin ETFs show stronger price impact than corporate buying but face recent outflows.
Gnosis Pay reported unauthorized access to its legacy consumer card system on Nov. 3, exposing payment card details, personal information, and crypto wallet addresses. The company says customer funds and its enterprise p...