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Metaplanet Inc (3350) is seeking to raise another 2 billion Yen ($13.3 million) by selling additional ordinary bonds with a 0% interest. The funds will be used to buy more bitcoin (BTC), aligning with the company’s strategic investment plan. The bond issuance
Ether (ETH) continued its multi-day slide on Thursday with a 7% drop in the past 24 hours as the prolonged crypto sell-off showed no signs of a pause. Bitcoin (BTC) was trading between $89,000 to $82,500 in U.S. trading hours on Wednesday,
Bitcoin’s (BTC) prolonged range play above $90K has concluded bearishly this week, and how? The 12.6% drop observed in the first three days of the week (per UTC hours) marks the largest decline since the FTX bankruptcy in November 2022, according to
Artificial intelligence (AI) firm CoreWeave is planning to file for a public listing in the U.S. within a week, according to a Bloomberg report. The cloud computing firm wants to raise around $4 billion from the listing, the report said, citing people
Stablecoins and the role of Congress in addressing future digital assets legislation took center stage during one of the Senate Banking Committee’s first hearings to focus on what a regulatory framework for crypto may look like. The Wednesday hearing, framed as the
The U.S. Securities and Exchange Commission (SEC) might be done with Gemini, but Gemini isn’t done with the SEC. According to a Wednesday X post from Gemini co-founder and President Cameron Winklevoss, the SEC informed Gemini on Monday that it was closing
Cryptocurrency exchange Bybit has published a forensic review on last week’s $1.5 billion hack, revealing that its systems had not been infiltrated and that the issue seemed to have stemmed from compromised Safe wallet infrastructure. Bybit concluded from the review that “the
Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Ben Schiller, managing editor at CoinDesk. In this issue: Ethereum’s Pectra upgrade Goes Live Avalanche Visa card launched Ethereum Foundation executive director leaving Hackers using
Core Scientific (CORZ) stock surged more than 11% after-market on Wednesday after the data center and bitcoin mining company said it was planning a $1.2 billion expansion of a data center in Denton, Texas, with CoreWeave, to support artificial intelligence (AI) and
Bitcoin miners that are still drawing electricity from grid-attached power sources will struggle after the next halving event in 2028, MARA Holdings (MARA) said in a shareholder letter. “For those miners still relying on grid-attached power, the writing is on the wall.