BUSINESS
Hyperscale Data Sells 685 Bitcoin for $43 Million, Cutting Treasury to 275 BTC
Hyperscale Data sold 685 BTC for roughly $43 million to fund its Michigan data center buildout, cutting its treasury from over 1,000 BTC to 275.
Cryptocurrency News
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MARKETS
Neutrl Pauses NUSD Redemptions Over Reserve Issue
Neutrl has paused NUSD redemptions, temporarily restricting withdrawals and raising questions around the stablecoin’s liquidity and…
TECHNOLOGY
MUFG to Test Blockchain JGB Settlement
MUFG plans to test blockchain-based settlement for Japanese government bonds, exploring faster and more efficient infrastructure…
BUSINESS
BitGo Posts $19M Q2 Loss as Revenue Rises 80% to $4.3B
BitGo posted a $19 million Q2 loss despite revenue reaching $4.3 billion, as weaker margins and…
SOLANA
Solana Writedowns Push Forward Industries to $69 Million Q3 Loss
Revenue more than quadrupled as staking rewards grew, but valuation changes on Forward’s Solana treasury drove…
ZCASH
Cypherpunk’s Zcash Bet Pays Off as Bitcoin, Ether Treasury Losses Mount
Rising ZEC prices reversed Cypherpunk’s first-quarter loss and highlighted how sharply crypto treasury results can diverge…
BLOCKCHAIN
Standard Chartered Venture Begins Hong Kong Dollar Stablecoin Rollout
Anchorpoint’s Hong Kong dollar stablecoin moves beyond testing with regulated distributors, while broader retail access could…
BLOCKCHAIN
JPMorgan, Goldman and Invesco Test Blockchain Across Wall Street
The exercise connected trading, collateral, lending and settlement workflows across two blockchain networks using tokenized securities…
BUSINESS
Securitize Shares Fall 20% After Steep Earnings Miss in First Public Report
Securitize shares fell 20% after posting a wider-than-expected loss in its first quarterly report since going…
REGULATION
Zerohash’s Bid for a U.S. Trust Bank Charter Stumbles at the OCC
The OCC returned Zerohash's national trust bank charter application, an administrative step the company plans to…