Cryptocurrency
Canaan expands US crypto mining presence with $39.75 million cipher acquisition –
Saniya -
Key TakeawaysWindHQ retains the controlling 51% stake in the venture, establishing Canaan as a minority partner in the operations.Zhang emphasised that acquiring direct access to low-cost Texas power infra allows the company to align its proprietary mining equipment with...
Cryptocurrency
Kraken brings crypto-style, 24/7 perpetuals trading for tokenized U.S. stocks
Crypto exchange Kraken is launching what it calls the first regulated perpetual futures contracts based on tokenized stocks, the firm told CoinDesk.The products, available to eligible non-U.S. users in more than 110 countries, track digital versions of major U.S....
Cryptocurrency
Russia Reportedly Investigates Telegram CEO Over Facilitating Terror
Russian authorities have initiated a criminal investigation into Telegram co-founder and CEO Pavel Durov, according to state media reports.Durov is being investigated in Russia as part of a criminal case involving allegations of facilitation of terrorist activities, official state...
Cryptocurrency
Pharos Network Launches Alliance to Standardize Onchain RWA Market
Pharos Network has launched a collaborative ecosystem designed to transition real-world assets from experimental pilots into a standardized, institutional-grade execution framework. A New Standard for Real-World Assets Pharos Network, a financial Layer 1 platform, has announced the launch of...
Cryptocurrency
Fed is Seeking Feedback on Proposal to Remove Reputation Risk from Banking
The US Federal Reserve is seeking to codify a rule removing “reputation risk” from banking supervision, which some have blamed for a wave of crypto debanking in recent years. The Fed initially began making changes in June last year,...
Cryptocurrency
Bitcoin Wipes Out Gains, Sentiment Sinks To Historic Fear: Analysts
Bitcoin’s recent wobble has traders on edge, but the picture is not all one-way. Reports note heavy losses for late buyers, and on-chain figures show real money changing hands as positions are forced closed. Markets moved fast; the mood...
Cryptocurrency
Bitcoin Loses Bullish Weekly Trend After 126 Weeks: What Next?
Bitcoin (BTC) closed a weekly candle below its 200-period exponential moving average (EMA) for the first time since October 2023. The weekly close ended a technical uptrend that lasted for 882 days.The shift in trend renews focus on BTC’s...