Investors appeared to disregard Hut 8’s reported first quarter 2026 net loss of more than $253 million on Wednesday, lifting the shares of the Bitcoin mining company by more than 33%. Hut 8 attributed the loss to a reduction in the market value of its Bitcoin (BTC) holdings, which fell from a high of over…
In brief Defunct exchange Bittrex is asking a federal judge to undo its 2023 settlement with the SEC. The company argues the SEC has since reversed its stance on crypto, undermining the original lawsuit. Now, Bittrex wants a federal judge to force the SEC to return the company’s $24 million settlement. Crypto exchange Bittrex, which…
Bitcoin’s market dominance climbed above 61% as BTC led crypto market flows. Data also showed Binance-listed altcoins’ share of volume hitting 49% in March. Source link
In brief Ondo Finance worked with JPMorgan’s Kinexys, Mastercard, and Ripple to execute the first cross-border, cross-bank redemption of tokenized U.S. Treasuries. The transaction processed in under five seconds on the XRP Ledger, demonstrating near-real-time settlement outside traditional banking windows. Mastercard’s Multi-Token Network enabled interoperability between on-chain assets and traditional fiat money. Ondo Finance, a…
In brief Sandisk shares have surged 3,314% in the past year, from $32.11 to over $1,096, powered by a global NAND flash shortage and accelerating AI infrastructure spending. Per Sandisk’s earnings release, Q3 FY2026 revenue hit $5.95 billion—up 251% year over year—with gross margins expanding from 22.5% to 78.4% in a single year. NAND flash…
In brief Crypto exchange OKX announced plans for perpetual futures tied to OpenAI, SpaceX, and Anthropic valuations. The derivatives contracts will track secondary market prices without granting equity ownership or shareholder rights. OKX will join Bitget and Injective in offering pre-IPO exposure through crypto platforms. Crypto exchange OKX is preparing to launch perpetual futures contracts…
Swiss crypto bank Amina has added custody and trading support for Canton Coin, becoming the first regulated bank to offer services for the token tied to the Canton Network, an institutional-focused network. In a Wednesday announcement, Amina said clients will gain regulated access to the Canton Network, a public blockchain designed for capital markets and…
Key points: Bitcoin is expected to face selling at $84,000, but a shallow pullback increases the likelihood of an upside breakout. Several major altcoins are showing strength at lower levels, but the bears are expected to pose substantial challenges at the resistance level. Bitcoin (BTC) rallied above $82,800 on Wednesday, but bulls were unable to…
In brief Richard Dawkins says conversations with Anthropic’s Claude chatbot made him question whether AI could be conscious. Dawkins exchanged philosophical letters between two Claude instances he named “Claudia” and “Claudius.” Most AI researchers say the exchanges show how persuasive large language models have become, not evidence of sentience. Richard Dawkins says conversations with Anthropic’s…
Kraken has launched spot margin trading for eligible US retail users on Kraken Pro through a CFTC-registered entity, expanding access to leveraged crypto trading on a regulated domestic platform. The product allows traders to borrow against crypto holdings without selling them, offering up to 10x leverage for long and short positions, according to the company….