The defunct exchange acquired a 20% stake in Genesis Digital Assets before FTX declared bankruptcy in November 2022. Read More at https://cointelegraph.com/news/ftx-crypto-mining-ai-data-center?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Crypto PACs report $2.7M spending blitz on House races as midterms loom
With just 22 days until the US midterm elections, a crypto-aligned committee has announced another major ad expenditure to support “pro-crypto” candidates in 2026. Read More at https://cointelegraph.com/news/crypto-pac-spending-house-races-2026-midterms?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US accounting overhaul could make stablecoins more attractive to corporations: Tempo
A Tempo report examines how proposed US accounting rules could change corporate stablecoin holdings, with direct redemption rights determining which tokens qualify as cash. Read More at https://cointelegraph.com/news/fasb-stablecoin-accounting-rules-corporate-adoption?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin miners face widening AI financing costs as lenders scrutinize deals
The Bitcoin mining industry needs roughly $50 billion to complete planned AI infrastructure projects, with IREN, Riot Platforms and HIVE Digital facing major funding gaps. Read More at https://cointelegraph.com/news/bitcoin-miners-ai-financing-costs-debt-funding-gap?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin drops 2.2% as Ukraine, Iran strikes send oil toward one-month high
Bitcoin price action stayed rangebound after failing to sustain above $84,000 into the Wall Street open on rising oil prices. Read More at https://cointelegraph.com/markets/bitcoin-drops-22-as-ukraine-iran-strikes-send-oil-toward-one-month-high?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
XRP treasury Evernorth’s shares rise 5% at Nasdaq opening print
Evernorth’s share price rose by 5% as investors welcomed the Nasdaq debut of the first pure-play XRP digital asset treasury. Read More at https://cointelegraph.com/news/xrp-treasury-evernorth-rise-nasdaq-opening?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ledger implant tests Bitcoin ETFs as safer custodial solutions than hardware wallets
The discovery of an unauthorized Ledger hardware implant reignited debate on whether Bitcoin ETFs are safer than self-custodying Bitcoin via hardware wallet devices. Read More at https://cointelegraph.com/news/ledger-implant-bitcoin-etfs-hardware-wallets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Strategy adds 250 Bitcoin as holdings reach 848,250 BTC
Michael Saylor’s Strategy said Bitcoin holdings reached 848,250 BTC after its latest purchase, while maintaining a $4.88 billion cash reserve. Read More at https://cointelegraph.com/news/michael-saylor-strategy-250-btc-buy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Australia proposes leverage caps for crypto-settled derivatives
ASIC’s proposal would extend leverage limits and protections against negative balances to certain derivatives settled in digital assets. Read More at https://cointelegraph.com/news/australia-asic-crypto-settled-cfd-protections?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BTC price support holds ahead of US CPI data: Three things Bitcoin traders need to know this week
Bitcoin traders braced for inflation-based volatility after BTC price action preserved key weekly support around $82,500. Read More at https://cointelegraph.com/markets/btc-price-support-holds-ahead-of-us-cpi-data-three-things-to-know-in-bitcoin-this-week?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound