IREN moved from near collapse to a massive $9.7 billion agreement with Microsoft, according to Bloomberg. The company was founded by Daniel Roberts and Will Roberts, two former Macquarie Group bankers who took the firm public in November 2021 during the peak of the pandemic-driven crypto rush. When the Bitcoin market crashed the next year,
Samson Mow, one of the most vocal Bitcoin maximalists, has urged Zcash holders to buy Bitcoin. Mow has drawn parallels between the recent Zcash rally and the price trajectory of meme cryptocurrency Dogecoin (DOGE). “For everyone excited about Zcash, this is DOGE. Your job is to figure out where on this chart you’re at right
Wall Street bank JPMorgan (JPM) called Robinhood’s (HOOD) third-quarter results solid but lower quality, as weaker crypto revenue and tax benefits drove much of the earnings beat. The bank said the roughly 15% earnings per share (EPS) beat was mostly due to a lower tax rate tied to stock-based compensation from the 52% rise in
Seven crypto firms have joined forces to establish common standards for crosschain stablecoin transfers, following a bumper year in 2024 where transfer volumes surpassed those of Visa and Mastercard. Fireblocks, the Solana Foundation, TON Foundation, Polygon Labs, Stellar Development Foundation, Mysten Labs and Monad Foundation said on Thursday they’re linking up to form the Blockchain
Banxa, a global infrastructure provider for embedded cryptocurrency, has announced its integration with the Polkadot ecosystem. The collaboration introduces regulated fiat-to-crypto on and off-ramps, compliance infrastructure, and stablecoin liquidity to Web3 developers and users. This integration aims to improve the accessibility of decentralized applications by bridging the gap between traditional finance (TradFi) and blockchain systems.
A game changer collaboration has been reported today in the AI and Web3 Space. AGI Open Network (AON) has announced a strategic partnership with GPT360, an innovative AI SuperApp. This collaboration is set to revolutionize Web3 projects by integrating smarter growth, enhanced engagement, and advanced community intelligence. AGI Network announced this partnership via its official
Mike Novogratz, founder and CEO of Galaxy Digital, made remarkable assessments regarding the crypto markets in his statement on the social media platform X. Galaxy CEO Novogratz: “We Haven’t Reached the Top of This Cycle Yet, A Dovish Fed Chair Could Revitalize the Market by Year-End.” While Novogratz acknowledged that current market conditions are weak,
Bitcoin spot ETFs recorded net inflows of $240 million, ending a six-day straight outflow trend, according to SoSoValue data. Bitcoin and Ethereum Spot ETFs Re-Entry Wave: $240 Million Net Inflow The bulk of the inflows came from the market’s two largest fund providers. BlackRock’s IBIT ETF saw net inflows of $112 million in a single
The Midnight Foundation, the entity to advance the privacy-enhancing blockchain Midnight network, has collaborated with Project Catalyst, the decentralized innovation engine of Cardano. The collaboration is aimed at accelerating privacy innovation within the Web3 sector. The development attempts to assist developers in creating open-source dApps with real-world applications of the privacy-improving tools of the Midnight
Key Notes The Ethereum Layer-2 solution upgraded capacity after successfully transitioning from op-geth to op-reth client infrastructure. Network execution speed remains the primary scaling constraint requiring resolution before achieving higher throughput targets. Plans include reaching 400-500 Mgas/s by early 2026 through TrieDB implementation delivering significantly faster state retrieval. Base founder Jesse Pollak announced on Nov.