Canaan Can Use Crypto to Buy Back Nearly 20% of its Market Value While its Core Business Burns Cash

Bitcoin mining machine manufacturer Canaan has strategically opened a new funding avenue for its share buyback program, granting management the authority to liquidate portions of its substantial digital asset treasury,…

US Spot Bitcoin ETFs Rebound with $1 Billion Weekly Inflow Amid Coldcard Security Concerns and Shifting Institutional Dynamics

The United States market for spot Bitcoin exchange-traded funds (ETFs) experienced a significant resurgence during the week ending June 2024, recording approximately $1 billion in net inflows. This surge represents…

Cipher Digital Sells $123 Million in Bitcoin Amidst Significant Financial Pressures, New AI Data Center Rent Commences Unreported

Cipher Digital, a prominent player in the Bitcoin mining sector, has recently disclosed the sale of 1,619 Bitcoin (BTC) during the first half of 2026, a move that resulted in…

IMF Official Warns Domestic Currency Stablecoins May Accelerate Global Dollarization Through Blockchain Interoperability

The introduction of domestic-currency stablecoins, often envisioned by central banks and private issuers as a means to preserve monetary sovereignty and reduce reliance on the United States dollar, may inadvertently…

Galaxy Digital Navigates $85 Million Quarterly Loss Amidst AI Infrastructure Pivot and Substantial Debt Financing

Galaxy Digital concluded the second quarter of 2026 with a significant net loss of $85 million, a period marked by the full activation of its 133 MW AI infrastructure capacity…

Bybit Secures Court Victory in Pursuit of Stolen 1.5 Billion Dollars Linked to North Korean Cyber Operations

United States court records unsealed on Thursday reveal that a federal judge has significantly bolstered the efforts of the cryptocurrency exchange Bybit to recover assets following a devastating $1.5 billion…

BitGo Investors Face Crucial August 7th Deadline for Lead Plaintiff Role in Securities Class Action Lawsuit

A significant number of BitGo investors are currently receiving urgent advisories from various law firms regarding an August 7th deadline. This date, however, is specifically for individuals who wish to…

Trump Media Shifts Strategy: TMTG Abandons $6.4 Billion Crypto.com Partnership to Pursue TAE Energy Merger

The Trump Media and Technology Group (TMTG), the parent company of the social media platform Truth Social, has officially announced a significant shift in its corporate strategy, withdrawing from a…

MARA Holdings Sold Nearly All Mined Bitcoin, Then Pledged 18,750 BTC for an AI Dream with No Disclosed Safety Net

MARA Holdings, a prominent Bitcoin mining company, has executed a significant financial maneuver, selling 91.37% of its mined Bitcoin in the second quarter while simultaneously securing $600 million in new…

Circle Expands Stablecoin Ecosystem with Native USDC and CCTP Integration on OKX X Layer

The global financial technology firm Circle has officially launched its USDC stablecoin on X Layer, the Ethereum Layer-2 (L2) network developed by OKX, marking a significant milestone in the integration…