Hut 8 shares slip after mild Q2 revenue miss as AI data center pipeline grows
Hut 8 CEO Asher Genoot said future bitcoin exposure will primarily come through its American Bitcoin subsidiary.
The Block•Kyle Baird4 AugThe Block — page 26
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page 26 of 61The Block•Kyle Baird4 Aug
Bitdeer stock pops and drops on $4.7 billion AI data center lease in Norway
Bitcoin miner Bitdeer shares jump after disclosing $4.7 billion AI data center lease terms with Volta in Norway.
The Block•Brian Danga4 Aug
OKX says Coldcard exploit triggers ‘record’ inflows to centralized exchanges
During the first half of the year, OKX told The Block it prevented $26.3 million in scam-related losses by stopping suspicious transfers.
The Block•RT Watson4 Aug
DCG’s Fortitude acquires 12.5 MW Nebraska facility for net $4.7 million, expanding Zcash mining portfolio
Fortitude Mining completed the cash acquisition of a 12.5 MW mining facility for a net outlay of about $4.7 million after credits.
The Block•Daniel Kuhn4 Aug
Cathie Wood’s Ark Invest snaps up nearly $10 million in Coinbase and Circle stock
The firm also offloaded a small amount of Solmate stock as it continues to rebalance its fund weightings amid market volatility.
The Block•James Hunt4 Aug
BlackRock debuts tokenized share classes for select European money market funds with $311 billion in assets
BlackRock launched Ethereum-based tokenized share classes for select European money market funds using JPMorgan's Kinexys.
The Block•Brian Danga4 Aug
Binance launches bitcoin-backed ‘Lite Loan’ with $1,000 borrowing limit
Binance has launched Lite Loan, a bitcoin-backed borrowing product that lets eligible users borrow up to $1,000 in USDT.
The Block•Yogita Khatri4 Aug
Bernstein says Texas data center audit could boost value of existing bitcoin mining and AI sites
Bernstein said a state-ordered audit of Texas data centers will heighten power scarcity across the regional grid.
The Block•Danny Park4 Aug
Bitcoin losses from Coldcard hack could swell to $130 million, Galaxy Research says
Galaxy said on X that it suspects the losses to be greater once the yet-unconfirmed fourth wave of attacks is included.
The Block•Danny Park4 Aug
NEAR co-founder proposes protocol sovereign fund for long-term sustainability
The concept draws from sovereign wealth funds in places like Norway and Singapore, as well as university endowments.
The Block•Danny Park4 Aug
Mastercard completes BVNK acquisition to expand stablecoin payments infrastructure
Mastercard said it will leverage BVNK's expertise to help enterprises scale use cases involving stablecoins and tokenized assets.
The Block•Timmy Shen4 Aug
Blockchain Association counters National Sheriffs’ group claims as pivotal week for Clarity Act unfolds
The Blockchain Association said legislation would support law enforcement, countering claims made by the National Sheriffs' Association.
The Block•Sarah Wynn3 Aug
DEXs capture record 24% of spot crypto trading as CEX volumes sink
Spot exchange volume is on track to set a new 12-month low at $670 million, down from its annual high of $2.23 trillion.
The Block•Ivan Wu and Bryan Samsoedin3 Aug
FBI agent accused of stealing $1 million in crypto, allegedly turned to ChatGPT for vacation plans
An FBI agent was arrested after allegedly stealing about $1 million in cryptocurrency from "adversarial cryptocurrency accounts."
The Block•Sarah Wynn3 Aug
Kalshi CEO invokes Nasdaq, Uber and Airbnb in defense against New York lawsuit
"You could copy and paste that lawsuit and file it against Nasdaq,” Kalshi CEO Tarek Mansour said during an interview with CNBC.
The Block•RT Watson3 Aug
Proof of Attendance Protocol is shutting down after 5+ years
Some 46,210 issuers like Coinbase and American Express used POAP to create onchain mementos that users could mint.
The Block•Daniel Kuhn3 AugBlackRock launches two tokenized money market funds for stablecoin reserves
BRSRV joins a list of funds launched by the likes of Morgan Stanley, State Street, and Fidelity designed for stablecoin reserves.
The Block•Daniel Kuhn3 Aug
Jameson Lopp says Coldcard exploit exposes limits of Bitcoin’s ‘don’t trust, verify’ mantra
Lopp said AI is reshaping wallet security by helping attackers uncover bugs and developers audit code faster.
The Block•Kyle Baird3 Aug
Michael Saylor says he’s never sold his personal bitcoin after Strategy dumps more BTC
Strategy Inc disclosed that it sold 1,638 bitcoin last week for $104.7 million, reducing its total holdings to 842,138 BTC.
The Block•Jason Shubnell3 Aug
Tom Lee says ether outperformed Nasdaq 100 in July as Bitmine adds 10,399 ETH
Bitmine expanded its ether treasury to 5.8 million ETH tokens as Tom Lee highlighted July's outperformance against the Nasdaq 100.
The Block•Brian Danga3 Aug