Bitcoin miners are ditching hashpower for hyperscale as multibillion-dollar artificial intelligence (AI) contracts outpay mining by a wide margin, forcing a rethink of the industry that secures the world’s largest cryptocurrency. Bitcoin Mining Economics Struggle as AI Offers Higher Returns Per Megawatt What started as a side hustle has turned into a full-blown identity crisis […]
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FTX Sets $2.2B Distribution as Creditor Recoveries Reach up to 120%
FTX is set to begin a $2.2 billion creditor payout on March 31 while separately scheduling its first preferred equity payments for May 29, as multiple claim classes move toward full or even excess repayment under the restructuring plan. FTX Sets March 31 Timeline for $2.2 Billion Creditor Payout Efforts to return funds to creditors […]
Read MoreAustralia’s Digital Asset Bill Gains Momentum With Senate Committee Approval
Australia just looked at crypto chaos, sighed, and decided it would rather regulate the circus than keep pretending it’s not in town. Australia Eyes Regulated Crypto Future as Senate Advances Digital Asset Bill The Australian Senate Economics Legislation Committee has effectively waved through the Corporations Amendment (Digital Assets Framework) Bill 2025, recommending it pass without […]
Read MoreSEC Greenlights Nasdaq Rule Change, Clearing Path for Tokenized Securities Trading in US Markets
The U.S. Securities and Exchange Commission (SEC) has approved Nasdaq’s long-awaited rule change, allowing tokenized versions of stocks and ETFs to trade alongside traditional shares on the exchange. SEC Backs Nasdaq Plan to Integrate Blockchain Into Stock Trading Nasdaq’s proposal, first filed in Sept. 2025 and refined through multiple amendments, enables market participants to trade […]
Read MoreNebius Prices $4 Billion Convertible Notes to Fuel AI Data Center Expansion
Nebius Group N.V. priced an upsized $4 billion convertible senior notes offering on Wednesday increasing the deal size after strong institutional demand. Inside Nebius’ $4B Raise to Power Next-Gen AI Infrastructure Nebius, the Nasdaq-listed AI infrastructure firm, trading under NBIS, had initially proposed a $3.75 billion raise a day earlier before expanding the offering. The […]
Read MoreRedotpay Courts $150M Ahead of Potential US IPO as Stablecoin Spending Push Accelerates
Hong Kong-based fintech Redotpay is in talks to raise up to $150 million ahead of a potential U.S. IPO, aiming to cement its role in turning stablecoins into everyday spending tools. Redotpay Positions Itself as Revolut-Style Crypto Payments Leader According to Bloomberg, the fundraising effort follows a $194 million capital raise completed in 2025, placing […]
Read MoreNew Visa Crypto Labs Tool Hands AI a Wallet—and the Keys to the Checkout
Visa’s latest experiment turns the command line into a checkout lane, signaling that AI agents are no longer just thinking—they’re spending. Visa’s Command Line Bet: Let the Bots Pay Visa Crypto Labs has introduced Visa CLI, a beta command-line interface tool designed to let AI agents execute payments directly from the terminal, eliminating the clunky […]
Read MoreFrom $76K to $71K: Is Bitcoin Losing Its ‘Safe Haven’ Status to Macro Reality?
Bitcoin temporarily dropped below $71,000 after the U.S. Bureau of Labor Statistics reported higher-than-expected wholesale inflation, causing significant market turbulence. Macro Pressures: PPI vs. Geopolitics Bitcoin momentarily slipped below the $71,000 threshold on Wednesday after the U.S. Bureau of Labor Statistics (BLS) released data showing wholesale inflation came in significantly hotter than expected across all […]
Read MoreCourt Reaffirms Bitcoin’s Status as Property but Limits Tort Claims in $172M Case
A United Kingdom High Court’s recent ruling has clarified the legal status of bitcoin, stating that while it is considered property, it cannot be subjected to traditional legal claims applicable to physical goods. The $172 Million Bitcoin Dispute In a landmark ruling, the High Court of Justice clarified the legal status of digital assets, specifically […]
Read MoreFOMC Keeps Interest Rates Steady, Ignoring Trump’s Call to Cut
The Federal Reserve held interest rates steady Wednesday, brushing aside public pressure from President Donald Trump and signaling a cautious stance as economic crosscurrents persist. FOMC Holds the Line on Rates The Federal Open Market Committee voted to keep the federal funds rate in a target range of 3.50% to 3.75%, opting for patience despite […]
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