Hive Digital’s HPC business is targeting a $100 million annual revenue run rate as it continues to diversify beyond Bitcoin mining.
Cryptocurrency News
Polymarket set to reenter US with $112M acquisition of QCEX derivitives exchange [cointelegraph]
Polymarket comes back to the United States more than two years after US regulators dropped investigations into the predictions market platform.
Polymarket set to reenter US with $112M acquisition of QCEX derivatives exchange [cointelegraph]
Polymarket comes back to the United States more than two years after US regulators dropped investigations into the predictions market platform.
Coinbase launches Bitcoin, Ethereum perpetual futures in US [btcmanager]
Coinbase has launched perpetual futures trading in the U.S., with eligible users in the country set to access two futures contracts as of July 21. On Monday, the exchange said U.S. users can now trade perpetual derivatives via its Coinbase…
StablecoinX to go public via SPAC merger, raising $360M for ENA treasury [cointelegraph]
The new entity will manage a crypto corporate reserve powered by the ENA token, with investors including Pantera, Galaxy Digital and the Ethena Foundation.
Solana’s DeFi TVL hits $10B, highest level in six-month high [btcmanager]
Solana’s market cap reached its highest level since January, boosting its DeFi TVL.
To the moon? Justin Sun to be launched into space after $28M bid [cointelegraph]
The Blue Origin mission is expected to move forward with six crew members after a 2021 bid from the Tron founder.
FTX seeks time to respond as creditors fight freeze on $470M foreign claims [cointelegraph]
The FTX estate calls 49 countries “restricted foreign jurisdictions” including China, which accounts for 82% of repayment funds the bankrupt cryptocurrency exchange would hold back.
Wall Street rallies as AI hype meets earnings reality [btcmanager]
Nasdaq and S&P 500 are approaching record levels, ahead of a week of tech earnings reports.
StablecoinX launches Ethena treasury strategy with $360m ENA buy [btcmanager]
StablecoinX is a new business venture formed after the merger of special purpose acquisition company TLGY Acquisition and StablecoinX Assets Inc.