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Mark Cuban sells Pudgy Penguin for $30,000 along with several other NFTs

The star of the “Shark Tank” TV show dove headfirst into the NFT craze in 2021, including investing in some companies like OpenSea.

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Author: RT Watson

The Internet of Things Is Still Broken (But DePIN Can Fix it)

Manufacturers have struggled to make services for smart devices profitable, leading to problems for consumers. But these machines could be corralled to create blockchain-linked decentralized cloud infrastructure, says E&Y’s Paul Brody.

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Author: Paul Brody

Hut 8 Receives $150M Investment as Thirst for Energy Brings AI Firms to Bitcoin Miners

The funding came from Coatue Management, which is also an investor in CoreWeave, a cloud-computing firm looking to take over miner Core Scientific.

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Author: Aoyon Ashraf

Jump’s Kariya, Who Went From Intern to Crypto Leader, Is Leaving Trading Giant

The Wormhole hack and Terra/Luna blowup happened while he ran Jump’s crypto operation.

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Author: Nick Baker

Jump Crypto President Kanav Kariya departs firm

Kanav Kariya is leaving Jump Crypto after serving as the firm’s president for nearly three years. Last week, the CFTC launched an investigation into Jump.

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Author: MK Manoylov

Bitcoin miner Hut 8 gets $150 million investment from Coatue to advance AI infrastructure market

Hut 8 aims to leverage its ability to develop and operate complex energy infrastructure to address unmet demand and emerge as a leader in the artificial intelligence infrastructure market.

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Author: Jason Shubnell

Investor interest surges for bitcoin miners following Core Scientific AI hosting deal: JP Morgan

AI hosting opportunities have driven a $4 billion increase in the aggregate market cap of bitcoin miners, according to a JP Morgan report.

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Author: Brian McGleenon

Tether to Stop Minting Stablecoin USDT on Algorand and EOS

The circulating supply of the dollar-linked stablecoin on the two blockchains represents roughly 0.1% of the total USDT supply.

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Author: Bradley Keoun

Bitcoin Miner Riot Platforms Ditches Bitfarms Takeover Bid, Seeks to Overhaul Board

Riot is Bitfarms’ largest shareholder, owning 14.9% of the firm.

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Author: Aoyon Ashraf

Riot nominates three independent directors to Bitfarms board in latest takeover salvo

Riot is ready to engage with a reconstituted Bitfarms board around a potential acquisition, but is withdrawing its previous offer to acquire the company for $2.30 per share.

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Author: Jason Shubnell


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