BonkDAO reports $20M theft from ‘malicious governance proposal’
The developers behind the memecoin project said they had informed law enforcement after the attack and were working to “recover funds and identify those…
Strategy is losing a lot of money on bitcoin. Here’s why it’s selling anyway.
Strategy sold more than 3,000 bitcoins to raise cash to pay dividends on its preferred stock — something Executive Chair Michael Saylor had previously said it…
Bitmine announces $74M Ether buys as chair says ‘greater chances of Clarity Act passage’
Bitmine's big buy contrasts with crypto treasury peer Strategy, which reported selling millions of dollars worth of its Bitcoin holdings on Monday.…
Xbox’s CEO says the business is ‘not healthy’ as it prepares for 3,200 layoffs
With shares down 20% this year, Microsoft joins peers like Meta and Oracle in using layoffs to offset rising costs of the AI race Source：MarketWatch
UN agency moves Stellar blockchain payment initiative beyond pilot stage
The UN Development Programme said blockchain payment pilots in five countries cut costs, improved resilience and will now inform wider use across its…
TeraWulf shares rise after $19B Anthropic AI lease, JV sale
The Bitcoin miner signed a 20year AI infrastructure lease with Anthropic and sold its majority stake in a separate AI data center joint venture.…
Strategy selling hundreds of millions worth of bitcoin raises question about its capital-allocation playbook
First, it was a tiny amount of bitcoin sales; then, the purchase of several thousand BTC; and finally, today, the unloading of thousands of BTC. What's…
Ethereum developers embrace Vitalik Buterin's long-term vision but urge quicker execution
The "Lean Ethereum" strawmap, updated earlier this week, has gained support from many of the network's researchers, though several say the biggest challenge…
Bitcoin price falls up to 4% on Strategy BTC sale as trader sees Summer 2022 repeat
Bitcoin wiped out much of its latest gains thanks to a market reaction to Strategy's 3,600 BTC selloff, but analysis eyed a potential buy announcement in the…
Micron’s stock gains, signaling a ‘return to optimism’ about the chip sector
Investors are looking forward to Samsung’s earnings and SK Hynix’s ADR listing, experts say. Source：MarketWatch
TeraWulf’s stock surges after a $19 billion deal with Anthropic
The deal “validates” the cryptomining company’s pivot to supporting the AI buildout, its CEO said. Source：MarketWatch
Securitize eyes acquisitions with $400 million war chest after going public, CEO says
Following its NYSE debut, Securitize CEO Carlos Domingo said the firm wants to expand its institutional tokenization platform rather than buy competitors.…