Key Takeaways Tether reportedly paid approximately $6.3 million to Nxum, a consulting firm partly owned by Bo Hines. Bo Hines helped advance the GENIUS Act before joining Tether as an adviser and later U.S. CEO. Nxum denies improper involvement, while the Journal’s findings raise questions about potential conflicts. Tether’s $6.3 Million Consulting Deal Raises Questions […]
This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus. The Blue Owl Capital-owned company appointed lead arrangers, underwriters and bookrunners this week for the five-year facility, Bloomberg reported on Thursday, citing a person […]
Key Takeaways CZ roasted the absence of criminal charges following Bank of America’s $1.21 billion penalty. The Treasury found Bank of America failed to timely report more than $5 billion in suspicious transactions. Bank of America must review missed transactions and strengthen its compliance controls. CZ Takes Swipe at Bank of America After $1.21 Billion […]
Key Takeaways Security firm Blockaid identified an $86,000 exploit against UNCX’s shared Ethereum vesting pool on Oct. 14. Exvul security researchers traced the UNCX vulnerability to faulty share accounting that exposed deposits from 5 tokens. UNCX restricted new vesting positions as questions persisted over $3.25 million remaining in the pool. How an $86,000 Exploit Turned […]
Key Takeaways Analyst projects bitcoin beyond $175,000 over the next few quarters. Miners’ AI expansion may ease selling pressure, the analyst argues. The GENIUS Act is expected to take effect Jan. 18, 2027. $175K Bitcoin Outlook Linked to Institutional Ownership Broader ownership and access to capital have strengthened bitcoin’s resilience since the crypto lending failures […]
Key Takeaways Bitcoin treasury firm Strive acquired another 2,822 BTC for $235 million, lifting its corporate treasury to 35,595 bitcoin. Strive overtook MARA by just 18 BTC, becoming the fourth-largest publicly traded bitcoin treasury. Strive reported $369.2 million in expected warrant proceeds as it pursues further bitcoin acquisitions. Strive Adds 6,133 Bitcoin in Days, Claims […]
Key Takeaways Petrobras is testing Cardano blockchain tools to track environmental claims tied to sustainable aviation fuel and renewable diesel. The systems are designed to create verifiable records and reduce risks such as double-counting emissions benefits. The projects are still in the research-and-development stage, but show growing corporate interest in blockchain for supply-chain and sustainability […]
Key Takeaways Mena identifies $85,000 as resistance before a potential $90,000 advance. His analysis finds a 1.21% average weekly gain after hotter core CPI prints. The strategist targets $2,800-$3,000 for ether and $130 for solana. Bitcoin’s $90K Forecast Faces an $85K Test Bitcoin could regain $85,000 and move toward $90,000 after upcoming economic releases, Matt […]
Key Takeaways Asheesh Birla led the Oct. 14 ceremony at Nasdaq MarketSite. Evernorth raised about $300 million in gross cash proceeds at closing. Deployment with Ripple, Kraken, Coinbase, and Bitgo is planned for Q4. Nasdaq Ceremony Highlights Publicly Traded XRP Exposure Stock investors’ access to an actively managed XRP treasury took the spotlight as Evernorth […]
Key Takeaways Brooklyn prosecutors and the FBI dismantled 241 scam websites and 112 servers tied to an international crypto fraud operation. The scheme stole tens of millions of dollars from Russian-speaking Americans, including Brooklyn residents. Criminals targeted victims a second time with bogus recovery services promising to retrieve stolen cryptocurrency. Brooklyn Prosecutors and FBI Dismantle […]