Hut 8 investors shrug off Q1 loss, stoke 33% stock surge
The company also announced a new AI energy leasing deal as it continues to diversify into adjacent high-performance computing applications.
Category: Latest News
Crypto-backed Republican candidate wins Indiana congressional primary
Representative James Baird won the Republican primary for Indiana’s 4th district on Tuesday after receiving an endorsement from Donald Trump and supportive spending from a crypto-backed PAC.
Switzerland’s Amina becomes first regulated bank to custody Canton Coin
The FINMA-regulated bank’s institutional clients will get access to trading and holding Canton Coin through a banking platform instead of crypto-native venues.
Forward Industries, RockawayX back OnRe to build onchain reinsurance on Solana
Investors back a model that moves insurance risk and capital flows onto blockchain rails, as onchain reinsurance looks to attract institutional participation.
Ripple CEO says market structure bill not a ‘done deal,’ despite stablecoin compromise
Brad Garlinghouse addressed attendees at a Tuesday crypto conference on the progress of the CLARITY Act after US lawmakers announced a compromise on stablecoin yield that could advance the legislation.
Crypto PAC spends $500K in support of Indiana candidate ahead of primary
Days before an Indiana primary, the Defend American Jobs PAC reported spending about $514,000 on media in support of a Republican House member running for reelection in the state‘s 4th Congressional District.
Tennessee Bankers Association names Stablecore as preferred digital asset provider
Regional lenders gain access to infrastructure for stablecoins, tokenized deposits and crypto-backed lending without building systems in-house, signaling wider bank adoption.
US prosecutors ask for leniency for ex-Celsius exec, citing cooperation
While Roni Cohen-Pavon’s lawyers have asked for time served, US Attorney Jay Clayton was unspecific in the federal government’s recommendation, requesting the judge defer to sentencing guidelines.
Bernstein cites $4T tokenized credit opportunity for Figure Technology stock
Bernstein points to Figure’s expansion beyond home equity lending into blockchain-based credit, as tokenization begins to scale across broader loan markets.
Western Union begins USDPT stablecoin rollout on Solana
Western Union is one of several remittance firms that announced stablecoin plans after the US passed the stablecoin-friendly GENIUS Act in July.