Month: July 2025

Chinese Regulators Raise Alarm on Illicit Stablecoin Activity

Officials from Shenzhen have issued cautionary advice to the public, recommending that they pay maximum attention when operating with stablecoins due to mounting reports of abuse from certain schemes. As these assets become more widely adopted and discussed, this appears to be a step back from the country’s plans...
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CoreWeave Just Valued Core Scientific Like It’s 2021 Again

CoreWeave Inc (NASDAQ:CRWV) just made a big move — but the market didn’t applaud. Shares of Core Scientific Inc (NASDAQ:CORZ) plunged nearly 21% on Monday, even as AI cloud provider CoreWeave announced it will acquire the Bitcoin (CRYPTO: BTC) miner in an all-stock deal. The twist? Beth Kindig, CEO...
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BitFuFu Hits 36.2 EH/s Hashrate, 728 MW Capacity in June

Bitcoin miner BitFuFu (FUFU) produced 445 bitcoin in the month of June — an 11.3% jump from May — while expanding its infrastructure across five continents. The Singapore-based miner’s total hashrate under management rose to 36.2 exahashes per second (EH/s), up 6.2% month over month. This includes 3.8 EH/s...
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