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The defunct exchange acquired a 20% stake in Genesis Digital Assets before FTX declared bankruptcy in November 2022. The investment company SWI Group has raised about $900 million in capital as part of plans to scale its data center and AI computing capacity, which includes a mining operation previously tied to cryptocurrency exchange FTX. In…
With just 22 days until the US midterm elections, a crypto-aligned committee has announced another major ad expenditure to support “pro-crypto” candidates in 2026. Affiliate entities of Fairshake, the US political action committee (PAC) funded largely by contributions from investment banking company Cantor Fitzgerald, cryptocurrency exchange Coinbase and Ripple Labs, reported millions of dollars worth…
The Bitcoin mining industry needs roughly $50 billion to complete planned AI infrastructure projects, with IREN, Riot Platforms and HIVE Digital facing major funding gaps. Bitcoin mining companies expanding into artificial intelligence and high-performance computing face sharply different borrowing costs as lenders scrutinize large-scale data center projects, adding to the industry’s growing financing challenges. According…
Evernorth’s share price rose by 5% as investors welcomed the Nasdaq debut of the first pure-play XRP digital asset treasury. The newly listed shares of XRP-focused treasury company Evernorth Holdings (XRPN) jumped as much as 5% on their Monday Nasdaq stock exchange debut, according to Yahoo Finance data. Earlier on Monday, the company named former…
ASIC’s proposal would extend leverage limits and protections against negative balances to certain derivatives settled in digital assets. Australia’s securities regulator wants to extend leverage limits and other retail investor safeguards to certain trading contracts settled in crypto. On Monday, the Australian Securities and Investments Commission (ASIC) proposed expanding the rules for contracts for difference…
For a brand doing somewhere between $500K and $1 million a year, the growth plan usually sits on one channel. Meta finds the customers The creative team feeds the ad account And every new month of revenue starts with a bigger budget. The belief behind it is that paid social is the engine, and affiliates…
Work on the introduction of the digital ruble to the budget process is being carried out by the Bank of Russia together with the Ministry of Finance. Russia’s Ministry of Finance said on Friday that some of its employees had received their wages in digital rubles for the first time. Being paid in the central…
Garantex was previously sanctioned by the US, the EU and other jurisdictions for helping Russian entities evade financial restrictions. The Japanese government has added Russian cryptocurrency exchange Garantex to its expanded list of sanctions against Russia, citing the continuing war in Ukraine. Officials added 33 organizations and nine individuals linked to Russia to its asset-freeze…
President Donald Trump said US intel chief Clayton will lead the SIF, reporting to the president and Chief of Staff Susie Wiles. President Donald Trump has named Jay Clayton, US director of national intelligence, to lead the country’s new Super Intelligence Force, according to a post on Truth Social on Sunday. The announcement followed media…
Efforts will continue to reduce the state’s involvement in Bitcoin-related activities and to strengthen crypto‑asset regulation and governance, the IMF said. The International Monetary Fund approved the immediate disbursement of about $138 million to El Salvador under the country’s $1.4 billion financing program, despite some performance criteria being missed. The IMF’s Executive Board completed the…