Bitcoin Depot filed for voluntary Chapter 11 in Texas on May 18 and took its Bitcoin ATM network offline. Preliminary Q1 revenue fell US$80.7 million, or 49.2%, as transaction volume dropped under tighter rules and […]
The US Securities and Exchange Commission is ready to roll out a plan to enable the trading of crypto versions of securities. The SEC is set to release a so-called “innovation exemption” for tokenized […]
Ethereum price started a fresh decline and traded below $2,120. ETH is now consolidating above $2,050 and might struggle to recover. Ethereum remained in a bearish zone after a sharp decline. The price is trading […]
Bitcoin investors, meanwhile, studied the technical setup in hopes of predicting the cryptocurrency’s future price movement. The market should avoid a catastrophic collapse if the $76,000 level of immediate support remains intact. In the last […]
2,222 Blueprints, zero left: The TOMO origin layer sold out in just 2 hours. Tomoland, the mobile-first User-Generated Content (UGC) platform, today announced that it successfully raised USD 2 million to bridge its proven mobile […]
TLDRs; Dell shares slipped slightly as broader market pressure outweighed strong AI infrastructure growth. AI Factory business added 1,000 customers, reaching about 5,000 enterprise users globally. Companies like Samsung, Eli Lilly, and Honeywell are using […]
A California jury dismissed Elon Musk’s lawsuit against OpenAI after finding the claims were filed outside the legal time limit. Musk accused Sam Altman and OpenAI of abandoning the organisation’s original non-profit mission in favour […]
Key Takeaways Tether invested in LemFi, a remittance app serving 30 countries, to integrate USDT for global payments. CEO Paolo Ardoino notes this validates USDT for LemFi’s 500,000 users, beating fiat in cost and speed. […]
TLDRs; HSBC shares slipped as investors assessed risks tied to its new $4 billion China-focused overseas lending facility. The bank aims to finance clean energy, EV, AI, and data center expansion across global markets. China’s […]
TLDRs; Uber shares dipped after reports of its $5.3B Baemin acquisition bid with Naver surfaced. The deal marks Uber’s renewed entry into South Korea’s competitive food delivery market. Delivery Hero considers Baemin sale amid debt […]
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