Cypherpunk Technologies has acquired a 4.2 GSol/s Zcash mining fleet for $33.33 million, giving the Nasdaq-listed company about 18% of the network’s total computing power. Summary The acquired Bitmain Z15 Pro fleet produces roughly 7,800 ZEC per month. Cypherpunk paid through a pre-funded warrant covering 43.29 million common shares. The equipment operates at hosting facilities
The U.S. Securities and Exchange Commission has proposed two registration exemptions, including a $75 million annual pathway, under its new Reg Crypto framework for certain crypto investment contracts. Summary The larger exemption would allow qualifying issuers to raise up to $75 million in 12 months. A separate pathway would permit offerings of up to $5
Citi has unveiled its Custody+ platform and confirmed plans to launch institutional digital asset custody later in 2026, beginning with Bitcoin. Summary Citi expects its institutional Bitcoin custody service to go live later this year. Custody+ brings digital assets and traditional securities into one custody framework. More than 80% of Citi’s asset-servicing events are now
Bitcoin has held above its $63,200 median realized price as Bitfinex analysts identified $67,176 as the breakout level that could raise the chances of an upside volatility expansion. Summary Bitcoin’s $63,200 median realized price has provided support during the past two weeks. A move above $67,176 would return recent buyers to profit and test overhead
Crypto payment card spending has jumped 2.5 times from a year earlier to reach $759 million in July, supported by nearly 9 million purchases settled mainly through dollar-backed stablecoins. Summary July spending rose from $306 million a year earlier to $759 million. Cardholders completed nearly 9 million purchases with an average value of about $86.
MoonPay has added Cash App Pay as a payment method for cryptocurrency purchases, giving eligible U.S. customers a way to fund MoonPay transactions directly from their Cash App balances. Summary Cash App Pay is now available for crypto purchases through MoonPay in the U.S. The integration lets eligible users fund purchases directly from their Cash
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rising XRP short positions and declining whale deposits are fueling market caution as holders explore cloud mining platforms such as UE Crypto for alternative returns. Summary Rising XRP short positions and weak price performance
In an interview with crypto.news, Selva Ozelli speaks with TEXITcoin founder Richard W. Wisher about the Proof-of-Work network, its Texas mining operations and how merge mining allows TXC to be mined alongside Litecoin and Dogecoin. Summary TEXITcoin operates a Texas based Proof of Work network and uses merge mining alongside Litecoin and Dogecoin. The project
Short seller James Chanos described Strategy and Bitcoin as an “$80 billion actionable spread” on Aug. 18, reviving debate over the valuation of Michael Saylor’s Bitcoin treasury company. Summary Strategy held 840,447 bitcoin after recent sales, below the 847,363 coin peak disclosed in June. At $64,188 per Bitcoin, Strategy’s remaining holdings were worth approximately $53.95
The U.S. Justice Department has spent nearly a year investigating Andreessen Horowitz over whether partners at the venture capital firm are improperly serving on the boards of competing artificial intelligence companies. Summary The DOJ is investigating Andreessen Horowitz over board seats held at competing AI companies. The probe involves Databricks and Fivetran and has been
