Hut 8 refinances Bitcoin-backed loan with $200M FalconX deal
In recent developments, the Bitcoin miner said the FalconX facility lowers its fixed interest rate to 7% and releases about 3,300 BTC from collateral restrictions. Looking closer, market participants highlight…
ZIGChain Summit 2026 marks a defining moment for onchain finance as ecosystem…
In recent developments, zIGChain, the blockchain built to bring regulated investment products onchain for everyday users, today reflected on its second annual ZIGChain Summit, a defining gathering for the future…
A16z sides with CFTC against states seeking to ban prediction markets
In recent developments, venture capital firm a16z argues that state crackdowns on platforms like Kalshi and Polymarket conflict with federal law and hurt market access for ordinary users. Looking closer,…
Riot posts $167M in Q1 revenue as data center arm pulls in $33M in first quarter
In recent developments, riot Platforms reported $167.2 million in Q1 2026 revenue, with its new data center business contributing $33.2 million as Bitcoin mining income fell. Looking closer, market participants…
Wallets seized by OFAC may not be Iranian; other state actors instead: Analyst
In recent developments, treasury Secretary Scott Bessent said that wallets the US targeted as part of Operation Economic Fury were linked to Tehran, but analysis of the wallets’ characteristics suggests…
GameStop makes $55.5B offer to buy eBay in surprise takeover bid
In recent developments, gameStop proposes a $55.5 billion cash-and-stock takeover of eBay, disclosing a 5% stake and says CEO Ryan Cohen would lead the combined company. Looking closer, market participants…
South Korea crypto sector warns AML proposal goes too far: Report
In recent developments, crypto industry body DAXA said the proposed rules could push suspicious transaction reports from South Korea’s five largest exchanges to more than 5.4 million a year, Yonhap…
Bitcoin logs best monthly performance in 12 months during April
In recent developments, despite being the best-performing month in the past 12 months, Bitcoin still came in slightly below its historical average, according to CoinGlass data. Looking closer, market participants…
Crypto industry will be ‘just fine’ if CLARITY Act doesn’t pass: Chris …
In recent developments, the efforts of the SEC and CFTC chairmen indicate that the crypto industry will not suffer without the CLARITY Act, according to crypto executive Chris Perkins. Looking…
New York forces Uphold to pay $5M over fraudulent crypto investment scheme
In recent developments, new York AG Letitia James secured a $5 million settlement from Uphold for promoting CredEarn, a crypto savings product that misled users about its risks. Looking closer,…
Altcoin Trading Volume Shoots Up: Is The Altseason Upon Us Again?
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