Bitcoin Miner Cango Sells $305M in BTC to Cut Leverage
Bitcoin miner Cango sold $305 million in BTC to repay debt and strengthen its balance sheet as it pivots toward AI and high-performance computing.
Bitcoin miner Cango sold $305 million in BTC to repay debt and strengthen its balance sheet as it pivots toward AI and high-performance computing.
BitMine Immersion Technologies reported total crypto and cash holdings of $10 billion, anchored by more than 4.3 million ETH and a large staking position.
Coinbase debuted a karaoke-style advertisement during Super Bowl LX, featuring the Backstreet Boys to signal crypto’s mainstream transition.
South Korea’s Financial Supervisory Service is launching targeted investigations into high-risk trading tactics and price manipulation.
The TON Foundation has launched TON Pay, a payments SDK designed to let Telegram Mini Apps accept Toncoin and stablecoins through a single crypto checkout flow.
A Bored Ape Yacht Club NFT purchased by Justin Bieber for $1.3 million in 2022 is currently valued at approximately $12,000.
Kris Marszalek has acquired the AI.com domain for $70 million to launch an autonomous AI agent service. The platform is scheduled for a national debut during the Super Bowl.
Mizuho analysts say Gemini’s exit from overseas markets and workforce cuts could accelerate profitability and drive significant upside for GEMI shares.
Tether froze more than $500 million in USDT at the request of Turkish authorities investigating an illegal betting and money-laundering network.
Bitcoin mining difficulty fell more than 11% in a single adjustment, marking its steepest decline since China’s 2021 mining crackdown.
Polymarket is partnering with Circle to migrate its settlement infrastructure from bridged USDC on Polygon to Circle-issued native USDC.
Tether has made a $100 million equity investment in Anchorage Digital, deepening its partnership with the federally regulated US crypto bank.
Crypto exchange Gemini is withdrawing from the UK, EU, and Australia while cutting 25% of its staff to refocus on the US and prediction markets.
House investigators are probing World Liberty Financial over a reported $500 million UAE-linked stake and the role of its USD1 stablecoin in a Binance deal.
A sharp decline in Ethereum prices has pushed BitMine Immersion Technologies into roughly $7 billion in unrealized losses, testing its Ethereum-focused treasury strategy.