Trump-Backed American Bitcoin Shares Fall After $82 Million Q1 Loss
In brief Publicly traded Bitcoin miner American Bitcoin reported net losses of nearly $82 million in Q1 2026, up from $59.4 million in Q4 2025....
Tag : Million
Kraken buys Hong Kong stablecoin firm Reap for $600 million in Asia push
Kraken’s $600 million acquisition of Reap folds a Hong Kong stablecoin business‑payments specialist into its stack, with Payward issuing stock at a $20 billion valuation...
BNY Mellon lifts Strategy stake to 1 million shares worth $187.2 million
BNY Mellon has increased its holdings in Strategy (MSTR) to 1 million shares worth about $187.2 million, deepening its use of the Bitcoin treasury company...
Kraken Parent Acquires Asian Stablecoin Firm Reap for $600 Million: Bloomberg
In brief Kraken parent Payward Inc. agreed to pay $600 million for Reap Technologies, a Hong Kong-based stablecoin payments provider. The deal combines cash and...
Trump Bitcoin Crypto Mining Company Just Lost $45 Million While BTC Trades Above $80,000 — What Went Wrong?
Trump American Bitcoin crypto posted a $45.2 million loss in Q1 2026 while BTC held above $80,000, and that contradiction is the story. The Trump...
Apple Agrees to $250 Million Settlement Over AI Claims—Here's Who Can Get Paid
In brief Apple has agreed to a $250 million settlement over allegedly misleading claims regarding AI services on iPhone devices. U.S. buyers of qualifying iPhone...
Bittrex Wants Its $24 Million Settlement Back, Now That the SEC Is Pro-Crypto
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...
How Solana Exchange Drift Plans to Repay Users After $295 Million Crypto Hack
In brief Solana-based Drift Protocol was hacked on April 1, with $295 million in user funds drained by attackers linked to North Korea. Drift Protocol...
Kelp Blames LayerZero for $292 Million Hack, Plans Switch to Chainlink
In brief Kelp says LayerZero approved the setup tied to a $292 million exploit, which LayerZero disputes. The protocol is redesigning its cross-chain system after...
Dogecoin Whales Just Accumulated $18 Million in 96 Hours: Is the $0.13 Breakout Finally Coming?
Dogecoin whales just moved with conviction. Over a 96-hour window ending May 4, large holders accumulated roughly 160 million DOGE, approximately $18 million worth, pushing...