FTX’s crypto mining venture is now used to advance AI
The defunct exchange acquired a 20% stake in Genesis Digital Assets before FTX declared bankruptcy in November 2022. Source：Cointelegraph
Crypto PACs report $2.7M spending blitz on House races as midterms loom
With just 22 days until the US midterm elections, a cryptoaligned committee has announced another major ad expenditure to support “procrypto” candidates in…
US accounting overhaul could make stablecoins more attractive to corporations: Tempo
A Tempo report examines how proposed US accounting rules could change corporate stablecoin holdings, with direct redemption rights determining which tokens…
Bitcoin miners face widening AI financing costs as lenders scrutinize deals
The Bitcoin mining industry needs roughly $50 billion to complete planned AI infrastructure projects, with IREN, Riot Platforms and HIVE Digital facing major…
Bitcoin drops 2.2% as Ukraine, Iran strikes send oil toward one-month high
Bitcoin price action stayed rangebound after failing to sustain above $84,000 into the Wall Street open on rising oil prices. Source：Cointelegraph
XRP treasury Evernorth’s shares rise 5% at Nasdaq opening print
Evernorth’s share price rose by 5% as investors welcomed the Nasdaq debut of the first pureplay XRP digital asset treasury. Source：Cointelegraph
Ledger implant tests Bitcoin ETFs as safer custodial solutions than hardware wallets
The discovery of an unauthorized Ledger hardware implant reignited debate on whether Bitcoin ETFs are safer than selfcustodying Bitcoin via hardware wallet…
Strategy adds 250 Bitcoin as holdings reach 848,250 BTC
Michael Saylor’s Strategy said Bitcoin holdings reached 848,250 BTC after its latest purchase, while maintaining a $4.88 billion cash reserve.…
Australia proposes leverage caps for crypto-settled derivatives
ASIC’s proposal would extend leverage limits and protections against negative balances to certain derivatives settled in digital assets. Source：Cointelegraph
BTC price support holds ahead of US CPI data: Three things Bitcoin traders need to know this week
Bitcoin traders braced for inflationbased volatility after BTC price action preserved key weekly support around $82,500. Source：Cointelegraph
Kraken parent clears Dubai’s final hurdle for dirham trading rollout
Payward received full market approval from Dubai’s VARA to expand its digital asset services in the UAE, building on the preliminary approval received in May.…
Standard Chartered adds Ripple USD custody, eyes LMAX collateral deal
Standard Chartered has launched custody for Ripple’s RLUSD stablecoin on the XRP Ledger and plans to let institutions use the tokens as trading collateral.…