Swapping a $23M business for $1M cash while banking on locked WLFI tokens shows how dire crypto balance sheets have become
AI Financial Corp. has swapped ALT5 Sigma Canada for a secured note and restricted shares. As a result, only $1…
Category: Financial
Strategy builds $4.75 billion cash cushion as only bitcoin isn’t enough for investors
What this means: Strategy CEO Phong Le said the company has adjusted its approach after discovering that preferred stock investors…
Trump-linked American Bitcoin jumps on $1.9 million insider buy
American Bitcoin (NASDAQ: ABTC) shares have risen after filings showed board director Justin Mateen spent about $1.9 million buying its…
PBOC pledges steady digital yuan growth in its 2026-2030 plan
The People’s Bank of China (PBOC) said it will “steadily develop” the digital yuan over the next five years. The…
Dollar stablecoins take 84% of card spend as euro-backed coins collapse to 2%
Crypto payment card spending shot up to $759 million in July, about 2.5 times the level a year earlier. $USDC,…
Bitwise’s Rasmussen: Circle is mispriced as stablecoins head toward trillions
The big picture: In an interview on CoinDesk’s Public Keys, Bitwise Head of Research Ryan Rasmussen said investors are underestimating…
CoreWeave stock is rising ahead of earnings: will it hit $100 or reverse to $75?
CoreWeave stock has bounced back substantially in the past few days, moving the July 29 low of $60 to the…
Riot Platforms Stock Surges on Q2 Results, 20-Year Data Center Deal
Riot Platforms shares are trending. Riot Platforms Q2 Key Metrics Riot reported second-quarter revenue of $174.20 million, beating analyst estimates…
AI impact South Korea: factory workers now earn $400,000 bonuses
In a small real estate office in Dongtan, South Korea, agent Mark Yoon spends his days tracing laser lines across…