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SEC Targets Mining Automatic in Alleged $22M Fraud Case

The US Securities and Exchange Commission (SEC) has sued crypto mining investment business Mining Automatic and its founder, Zan Shaikh, alleging they raised $22...

Exodus to cut 25% of staff in company reorganization

The wallet company said it expected the layoffs to generate between $10 million and $13 million in savings as part of its strategy to...

Bernstein raises Robinhood target on tokenization outlook

Analysts at Bernstein have raised their price target on Robinhood Markets, based on their investment thesis that the online brokerage’s next phase of growth...

Nigerian President Signs Order on Approach to Crypto Regulation, Taxes

President Bola Ahmed Tinubu of Nigeria has moved to address what his office called the fragmentation of digital asset regulation.The Nigerian president’s special adviser...

BitMine Nears 5% of Ethereum supply with 5.78M ETH Treasury

Top Ethereum treasury company Bitmine said Monday its Ether holdings had reached 5.78 million tokens, representing about 4.8% of Ethereum’s circulating supply, as the...

Bitcoin Mining Stocks Jump on AI Infrastructure Momentum

Shares of several Bitcoin mining companies surged Monday after Hut 8 and IREN announced major AI infrastructure deals, reinforcing investor optimism around miners expanding...

IREN jumps 16% after raising AI cloud revenue target above $4B

The Bitcoin miner raised its year-end AI cloud revenue target to more than $4 billion after signing $2.8 billion in new contracts with AI...

Bitcoin Struggles At $65,000 Amid US-Iran War, Tech-Stock Selling Hurdles

Traders balked on Bitcoin (BTC) at $65,000 on Monday as crypto and risk-assets remained under pressure.Key points:Bitcoin staged several unsuccessful attempts to break and...

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