Author: driver789
Cleanspark Lands $6.6B AI Lease as 20-Year Deal Reshapes Bitcoin Mining Strategy – BitRss
BitRss delivers the latest Top Crypto News from established and trusted voices across blockchain, bitcoin, stablecoins, altcoins, and the broader cryptocurrency ecosystem. Since 2015, our Mission has been simple: to share timely news and insights that reflect the global crypto landscape in an ethical and transparent way. BitRss acts as a 24/7 reference point where information from many sources comes together in one place. You can stay up to date through our Original Crypto Summary and Curated Topics, designed to highlight key developments, emerging trends, and shifts in market sentiment. BitRss is intentionally clean, fast, and mobile-friendly. Articles are listed…
BitRss delivers the latest Top Crypto News from established and trusted voices across blockchain, bitcoin, stablecoins, altcoins, and the broader cryptocurrency ecosystem. Since 2015, our Mission has been simple: to share timely news and insights that reflect the global crypto landscape in an ethical and transparent way. BitRss acts as a 24/7 reference point where information from many sources comes together in one place. You can stay up to date through our Original Crypto Summary and Curated Topics, designed to highlight key developments, emerging trends, and shifts in market sentiment. BitRss is intentionally clean, fast, and mobile-friendly. Articles are listed…
ADA ($0.16 · Live).jpg” class=”attachment-post-thumbnail size-post-thumbnail wp-post-image” alt=”Cardano Gears Up for Mithril Mainnet Launch, Bolstering Network Efficiency and Versatility for ADA” decoding=”async” fetchpriority=”high” >Cardano (ADA) remained largely unchanged on Wednesday after a turbulent week that reflected weakness across the broader cryptocurrency market. Notably, the token has declined by nearly 4% over the past seven days as risk-off sentiment continued to weigh on digital assets, extending a difficult stretch for one of the market’s largest cryptocurrencies. Despite the subdued […]
Aave has expanded its V4 lending protocol beyond Ethereum for the first time by deploying it on Avalanche to support tokenized real-world asset lending and institutional credit markets. Summary Aave V4 has launched on Avalanche in its first deployment outside Ethereum. The rollout focuses on institutional lending backed by tokenized real-world assets. AAVE fell over 3% despite the launch as broader crypto market weakness persisted. According to an announcement from Aave, the deployment brings the protocol’s latest lending infrastructure to Avalanche, a network already used for decentralized finance, tokenization, and institutional blockchain applications. BREAKING: Aave V4 has launched on Avalanche,…
BitMine’s push to turn one of the world’s largest corporate Ethereum holdings into a source of recurring income generated nearly $46 million from staking last quarter.Yet a $92.1 million options loss overwhelmed those gains, while rising treasury costs and aggressive share issuance further weakened the economics for existing shareholders.For the fiscal third quarter ended May 31, the firm reported that revenue surged to $46.5 million from $2.1 million in the same period a year earlier. Approximately 98%, or $45.7 million, came from staking and validation as BitMine accelerated its shift away from Bitcoin mining and toward an Ethereum-focused treasury model.Despite…
South Korea is updating state asset laws to recognize crypto while advancing CBDC and tokenized finance plans. A major update to South Korea’s state asset laws could bring crypto into the government’s official asset framework. Proposed legislation aims to modernize rules first introduced more than 70 years ago. Digital assets are expected to receive formal recognition under the new system, and officials believe the change will help improve long-term management of state-owned assets. New Model Focuses on Managing Public Assets More Effectively During Wednesday’s primary briefing at the president’s Blue House, South Korea announced plans to introduce the National Asset…
Ethereum price has reclaimed the $1,850 resistance after softer-than-expected U.S. inflation data triggered a sharp short squeeze, putting the $2,000 level back into focus for traders. Summary Ethereum price broke above $1,850 after softer U.S. CPI data sparked a broad crypto rally. Technical charts and liquidation clusters suggest $2,000 is the next major price target. Analysts say holding $1,850 as support is key to sustaining the current bullish trend. The second-largest cryptocurrency climbed nearly 5% on July 15 after June’s Consumer Price Index came in below expectations, easing concerns that Federal Reserve Chair Kevin Warsh would resume aggressive rate hikes.…
South Korea is preparing a major overhaul of how the government manages “state assets,” including digital assets and intellectual property, as part of efforts to modernize public-sector finance. The Ministry of Economy and Finance (MOEF) says it plans to replace the State Property Act—dating back to 1950—with a new National Asset Basic Act, using a broader definition of what qualifies as state-owned value. Officials also reiterated plans to test the tokenization of government bonds on a blockchain as early as a 2027 pilot, with an eye toward reducing transaction friction. Beyond securities, the ministry said it will examine tokenizing state-owned…
BitMine Immersion Technologies generated $45.7 million from Ethereum staking and validation during the three months ended May 31, making staking its main source of revenue. Summary Ethereum staking generated $45.7 million, accounting for 98% of BitMine’s total quarterly revenue in May. BitMine now stakes 4.9 million ETH, equal to roughly 85% of its Ethereum treasury holdings. Tom Lee projects $284 million in annual rewards once BitMine fully stakes its ETH treasury. The figure represented 98% of the company’s $46.5 million in total quarterly revenue, according to its latest 10-Q filing with the SEC. A year earlier, BitMine reported total quarterly…
Kalshi says it has been placed in an “impossible position” after the U.S. Commodity Futures Trading Commission (CFTC) moved to prevent the prediction market platform from complying with a Michigan court order. The dispute underscores an ongoing jurisdiction fight over who can regulate prediction markets—federal authorities or state regulators—once bets are already placed and contracts are executed. In a decision announced Tuesday, the CFTC ordered Kalshi not to follow the state directive to unwind certain trades in Michigan, according to Reuters. The pushback comes shortly after an Ingham County Circuit Court judge required Kalshi to stop offering sports betting contracts…