HIVE soars over 35% on plans for $2.55b Toronto AI ‘super factory’
HIVE Digital is pivoting from Bitcoin mining to a CAD 3.5b, 320 MW Toronto AI “super factory” hosting 100,000+ GPUs, sending its stock up over...
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Bank of England, FCA Set Out ‘Shared Vision’ for Tokenization
In brief The FCA and Bank of England have launched a joint Call for Input setting out a “shared vision” for tokenisation in UK wholesale...
Bitcoin lost its hold on $80K, but three events may send it back sooner than markets expect
Key takeaways: Aggressive Bitcoin buying by Strategy helped to offset the recent leveraged long liquidations. Rising bond yields and a heavy US government debt burden...
Shiba Inu sees 3b SHIB flood exchanges
Shiba Inu saw billions of SHIB hit exchanges on May 18 as crypto market liquidations accelerated. Summary Over 3 billion SHIB tokens were pushed onto...
Ethereum Founder Vitalik Buterin Says AI Verification Could Help Secure Crypto Networks
In brief Vitalik Buterin says AI-assisted formal verification could help reduce vulnerabilities in Ethereum and other crypto infrastructure. The technique uses mathematical proofs to verify...
Retail Bitcoin investor demand falls by 73% as futures selling tops $2B: Are the bears back?
Bitcoin (BTC) retail investor activity on Binance has fallen to its lowest level in history. Retail BTC inflows on Binance now average near 314 BTC...
Galaxy Digital wins New York BitLicense
Galaxy Digital secured a BitLicense from New York on May 18 to offer regulated crypto services to institutions. Summary Galaxy Digital’s subsidiary GalaxyOne Prime NY...
Polymarket Users Spur Insider Trading Suspicions With $2.4 Million in Iran Prediction Wins
In brief Linked Polymarket accounts made $2.4 million by accurately betting on U.S. military actions tied to the Iran conflict. Bubblemaps said the accounts won...
Odds against rate cuts high as new US Fed chair set for swearing in
Kevin Warsh is set to be sworn in as the next chair of the US Federal Reserve Board of Governors on Friday amid speculation about...
Revolut launches first physical crypto card
Revolut launched its first physical crypto card on May 18, a Dogecoin-themed LED card for the UK and EEA. Summary Revolut unveiled its first physical...