Hut 8 locks in $1B credit line, but faces 40% liquidity rules
Bitcoin miner Hut 8 finalized a four-year, $1 billion senior secured credit facility to support site development and letters of credit, while…
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Bitcoin drops to $82,000 on US data, and inflation fear is blamed
Bitcoin dropped to an intraday low of $82,775.94 following mixed US economic data showing cooling job openings alongside rising consumer anxiety over…
Fed guarantees 2-day stablecoin payouts, but $76B remains blocked
A Federal Reserve stablecoin proposal establishes a two-business-day cap on issuer redemptions, yet $76 billion remains blocked on centralized exchanges where users…
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El Salvador targets $9 billion in transfers, but chooses stablecoins
El Salvador is increasingly adopting stablecoins for its multi-billion dollar remittance market through apps like Sivar, leveraging Coinbase infrastructure while maintaining its separate national Bitcoin initiative and reserves.
Tether claims $550 million in Iran freezes, but $35 million slipped past Senate
Tether reported freezing nearly $550 million in Iran-associated USDT, but a Senate subcommittee report claims delays in blacklisting wallets allowed tens of millions to slip past before being blocked.
Anthropic lost $42 billion, warned AI could resist shutdowns, but traders still price it at $2 trillion
Anthropic has confidentially filed for an IPO that could value the firm at over $2 trillion, despite reporting a massive net loss, accumulating $518 billion in infrastructure commitments, and warning…
A $7 billion crypto ETF plumbing boom just ran into the IRS
The IRS and Treasury Department are evaluating a crypto ETF tax strategy, targeting fund structures that might bypass taxable gains by leveraging in-kind redemptions and strict regulatory interpretations.
Bitcoin’s $84,000 wall gets harder to break as ETF inflows sink to $31 million
Institutional demand for US Bitcoin ETFs cooled to $31 million on Sept. 28, marking a sharp decline as Bitcoin stalls below a heavy supply wall between $84,000 and $85,000.
Zano rolls back a month of transactions as team plans to use personal funds for recovery
The Zano team plans to use developer and personal funds to aid recovery after an emergency blockchain rollback wiped out a month of transactions caused by a Gateway Address vulnerability.
Solana’s 250ms data shows lower-stake validators lost a larger share of reward-linked vote credits
A Solana Foundation study reveals that as slot targets dropped to 250ms, lower-stake validators suffered greater vote credit losses compared to the stake-weighted network average, raising economic questions for future…