Vaibhavv Ali
Riot Platforms (RIOT), the Bitcoin mining giant, delivered a stellar third quarter, reporting record revenue of $180.2 million and a net income of $104.5 million for the three months ended September 30. This revenue marks a substantial increase compared to the $84.8 million reported in the same quarter last year. Performance Highlights: Mining Growth: The … Read more
Neobank Revolut has introduced a major new feature, offering 1:1 conversion between the US Dollar (USD) and top stablecoins USDC and USDT across six major blockchains (including Ethereum, Solana, and Tron). The offering allows Revolut’s 65 million users to exchange up to $578,630 every 30 days with no fees or spreads. Revolut’s Head of Product … Read more
Zcash (ZEC) is currently experiencing a significant rally, surging over 50% in the past week to trade above $350. This surge has fueled speculation about ZEC re-entering the top 20 digital assets by market capitalization. The rally is attributed to a combination of strong technical indicators, institutional interest, and a growing global demand for digital … Read more
Strategy Inc. (MSTR) announced impressive third-quarter financial results, reporting a net income of $2.8 billion and diluted earnings per share of $8.42. This dramatic improvement, which included operating income of $3.9 billion (a reversal from a loss last year), is primarily due to the unrealized appreciation of its Bitcoin (BTC) holdings. The company benefited from … Read more
Canary Funds has moved to accelerate the launch of its XRP spot Exchange-Traded Fund (ETF) by officially filing an updated S-1 document that removes the delaying amendment. This procedural move shifts the control of the launch timeline from the U.S. Securities and Exchange Commission (SEC) back to the issuer, putting the potential launch date on … Read more
Decentralized cryptocurrency exchange dYdX plans to enter the U.S. market by the end of 2025, according to company President Eddie Zhang. This move marks a new strategic direction for the derivatives-focused platform, which was previously unavailable to U.S. users. Strategic U.S. Entry Initial Offering: dYdX will initially focus on spot trading for major cryptocurrencies, including … Read more
World Liberty Financial (WLFI) has appointed Mack McCain, a seasoned regulatory expert and former Chief of Staff and Associate General Counsel for Regulatory Affairs at Robinhood, as its new General Counsel. This move underscores WLFI’s commitment to aligning with evolving global compliance standards and shaping a more open, regulated financial ecosystem. Key Details of the … Read more
Coinbase experienced a strong third quarter, seeing its net income increase fivefold to $432.6 million and total revenue jump 55% to $1.9 billion year-on-year. This growth was largely driven by transaction revenue ($1.05 billion) and a 34.3% rise in subscription revenue ($746.7 million). The company also significantly increased its Bitcoin (BTC) holdings by 2,772 BTC, … Read more
European crypto asset manager CoinShares is doubling down on its commitment to Toncoin (TON) by launching a new staking Exchange-Traded Product (ETP), the CoinShares Physical Staked Toncoin (CTON). The launch on the Swiss SIX Exchange on Tuesday comes despite a sharp market decline for TON, whose market capitalization has fallen by 59% this year to approximately … Read more
Thopen, a solar energy company and subsidiary of Pontal Energy, has announced a new strategy to address the growing problem of energy surplus in Brazil: entering the Bitcoin mining market. Gustavo Ribeiro, CEO of Thopen, revealed in an interview that the company plans to diversify its operations by developing data centers and Bitcoin mining facilities … Read more