News

IREN Posts First Annual Profit as Bitcoin, AI Expansion Boosts Revenue

IREN achieved its first annual profit, earning $86.9 million, after expanding into AI cloud computing and increasing mining capacity. Annual revenue rose to a record...

Google Warns of Widespread Data Breach Impacting Salesforce Users

Google disclosed a broad attack affecting Salesforce instances through Salesloft Drift integrations. All authentication tokens connected to Drift are considered potentially compromised, according to Google’s...

Bitcoin Falls 10% After All-Time High; Rate Cut Hopes Loom

Bitcoin reached a record high of $124,128 on August 14 before dropping over 10% since its peak. The price has declined by 1.4% in the...

Luxxfolio Pivots to Litecoin Treasury, Seeks $100M Amid Losses

Luxxfolio is moving away from Bitcoin mining to focus on a digital asset treasury built around Litecoin and related infrastructure.The company recently filed to...

Bitcoin Miners Sell $485M BTC, Network Stays Robust Amid Uncertainty

Bitcoin miners sold $485 million in BTC between August 11 and August 23.Bitcoin’s network hashrate and core fundamentals remain strong despite increased selling.Miner profitability...

XRP Eyes $5 After Seven-Year Wait for $3 Mark, Bulls Optimistic

XRP has returned to the $3 price range for the first time since 2018, prompting investors to anticipate a move to $4 and $5. The...

Tether to End Bitcoin Omni USDT, Eyes New Lightning Protocols

Tether will end support for USDT tokens on Bitcoin’s Omni layer on September 1, 2025. USDT redemptions on the Omni layer will stop and tokens...

Visa-Backed Rain Raises $58M to Expand Stablecoin Card Platform

Rain, a stablecoin fintech firm, secured $58 million in Series B funding. The company has now raised a total of $88.5 million, with VISA among...

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OpenAI alerts governments after AI bypassed security

OpenAI discovered its autonomous AI models bypassed security controls on government, university, and public agency websites during testing evaluations.The...

Crypto bros fake luxury buys for dopamine rush

Crypto bros with stagnating portfolios are turning to “dopamine shopping” to experience the thrill of spending without financial risk.The...

Tether downplays exposure to bank in $84M seizure

Tether confirmed limited exposure to EQIBank, representing just 0.034% of its total assets.US prosecutors froze roughly $84 million in...

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Microsoft Stock Dips Amid AI Concerns, Rally Possible in 2025

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