Hut 8 (HUT), a bitcoin miner turned energy and AI computing company, has refinanced its bitcoin-backed credit facility, replacing its existing Coinbase credit facility with a new $200 million facility with FalconX. With the new deal, Hut 8 lowered its fixed rate to 7% from 9%, an improvement of 200 basis points, according to a […]
Crypto-related stocks rose Monday, led by Circle ( CRCL ) and Coinbase ( COIN ) as progress on U.S. legislation on digital assets and bitcoin BTC$80,587.54 breaking above $80,000 lifted sentiment across the sector. Circle, issuer of the USDC stablecoin, rose 18%, extending recent gains, while US-focused crypto exchange Coinbase rose around 7%. BitGo (
Circle (CRCL), Coinbase (COIN) Lead Crypto Stocks Amid Advances in Clarity Act Read More »
Tetra Trust Company, a Canadian digital technology and financial services provider, launched CADD, a Canadian dollar-denominated stablecoin approved by the Alberta Treasury Board and Finance. The company said it is the first CAD-pegged stablecoin issued by a regulated financial institution in Canada. Reserves are held in trust under Canadian law and are dedicated to redemption,
From 1974-1986, the Golden State Killer committed 13 known murders, up to 67 sexual assaults and 120 burglaries in 11 different California jurisdictions, but then he suddenly stopped. He simply disappeared and his identity remained a secret for over 30 years until we finally caught him using a new innovative technology. Using Investigative Genetic Genealogy
The government should promote innovation, not punish it Read More »
Major Wall Street operator Depository Trust & Clearing Corporation (DTCC) said on Monday it will begin limited production trades of tokenized securities in July, with a broader launch of its platform set for October. The service, built within DTCC’s Depository Trust Company, will allow companies to issue digital versions of assets already held in custody
Bitmine (BMNR), the largest Ethereum tax company, bought 101,745 ether (ETH) last week as chairman Thomas Lee said a new “crypto spring” is on the way, even as market sentiment remains subdued. The purchase lifted the firm’s holdings to over 5.18 million ETH, about 4.29% of the token’s outstanding supply, according to a Monday update.
Tom Lee Says ‘Crypto Spring’ Started When Bitmine Buys $238M in Ether Read More »
Shipping companies said Monday that President Trump’s offer to grant them safe passage through the Strait of Hormuz fell short of the kind of arrangements that would persuade them to make the trip. Mr. Trump said Sunday that the United States would “guide” commercial vessels through the strait, which Iran has effectively closed since the
Confusion in the Strait of Hormuz keeps shipping companies guessing Read More »
Binance is launching a user-controlled withdrawal lock aimed at a threat that the crypto industry has spent the past year anticipating: physical coercion of holders, also known as the so-called wrench attacks. The “Withdraw Protection” feature lets users freeze their own account against onchain withdrawals for one to seven days, the exchange said Monday. A
Binance Launches Withdrawal Lock to Help Deter Crypto Key Attacks Read More »
World Liberty Financial, the cryptocurrency company associated with US President Donald Trump and his family, filed a defamation suit against Tron creator Justin Sun in a Florida court on Monday, alleging “gross misconduct” by Sun over the WLFI tokens he bought. The lawsuit comes on the heels of Sun’s own lawsuit against World Liberty, which
Arbitrum delegates are deliberating whether to release the 30,765 ETH frozen after last month’s rsETH exploit for a coordinated recovery effort. But a lawyer for victims of North Korean terrorism appeared at the forum and told them they could not. The ether was drained from regenerated ETH holders (a token representative of ETH locked on
