June 2025 – Page 38

Manufacturers Are Building ASICs That Look More Like Servers. Here’s Why

In the beginning, there were only CPUs, then GPUs, for bitcoin mining. Then came the mighty ASIC in 2013, and with it, the “shoebox” form factor that has become...

GameStop Tumbles 25% Following Bitcoin Convertible Bond Plan. What’s Happening?

Shares of GameStop (GME), the embattled görüntü game retailer turned memestock darling, plunged 25% on Thursday, more than erasing all the gains since the company earlier this week announced...

FBI Seizes 0,000 in Crypto From Hamas-Linked Wallets, Accounts

FBI Seizes $200,000 in Crypto From Hamas-Linked Wallets, Accounts

The U.S. Federal Bureau of Investigation (FBI) seized more than $200,000 in cryptocurrency from several wallets and exchange accounts linked to the Palestinian militant group Hamas, according to a...

Trump’s Pick to Run SEC Paul Atkins Promises New Crypto Stance, Gets Few Questions

Paul Atkins, the former member of the U.S. Securities and Exchange Commission that President Donald Trump has tapped to run the agency, assured a different direction for the agency...

Circle and Near Invest M in Remittances App for Indian Diaspora

Circle and Near Invest $14M in Remittances App for Indian Diaspora

Remittance app Abound raised $14 million in a seed round following investment from crypto heavyweights Circle Ventures and the Near Foundation. The app aims to be a financial bridge...

Possible Blow to Crypto as CoreWeave Reportedly Slashes Valuation to B

Possible Blow to Crypto as CoreWeave Reportedly Slashes Valuation to $23B

CoreWeave is looking to downsize its initial public offering just one day before hitting the market, Semafor reported. The AI infrastructure firm was previously expected to raise $3 billion...

Tether Boosts Stake in .12B Agricultural Firm Adecoagro to 70%

Tether Boosts Stake in $1.12B Agricultural Firm Adecoagro to 70%

Tether, issuer of $144 billion dollar stablecoin USDT, has boosted its stake in Latin American agricultural firm Adecoagro (AGRO). The $12.41 per share offer, which is subject to certain...

Warlock Labs Raises M to Shake Up On-Chain Order Flow

Warlock Labs Raises $8M to Shake Up On-Chain Order Flow

Market-making on-chain trades is mysterious and important — and lucrative, too. The sorun, according to pseudonymous trader Grug, is that crypto protocols with valuable order flow are leaving money...

Trump SEC Pick Paul Atkins’ Crypto Ties Draw Sen. Warren’s Ire Ahead of Confirmation Hearing

Ahead of his confirmation hearing in front of the U.S. Senate Banking Committee tomorrow, Paul Atkins — President Donald Trump’s pick to lead the U.S. Securities and Exchange Commission (SEC)...

NYSE-Parent ICE to Explore Stablecoin, Tokenized Fund Use for Financial Services With Circle

Intercontinental Exchange, the parent company of the New York Stock Exchange, said it plans to explore using Circle's stablecoin and tokenized asset to develop new products, joining a roster...