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...
Read More

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...
Read More

Bitcoin Slips Below $108K, Erases Weekend Gains as Trump Ramps Up Tariffs

Bitcoin’s BTC very modest weekend rally modestly reversed on Monday as President Trump’s tariff policies took center stage again. The largest cryptocurrency slipped below $108,000 during the U.S. afternoon, down 0.8% over the past 24 hours. Changing hands at around $107,700, BTC has round-tripped all of the move to...
Read More

Crypto VC Paradigm Leads $11.6M Round for Kuru Labs’ DeFi Liquidity Engine

Kuru Labs, a decentralized finance (DeFi) startup built on the Monad blockchain, has closed an $11.6 million Series A funding round led by crypto-focused investment firm Paradigm. The raise will help create a central-limit orderbook (CLOB) combined with automated market-making capabilities for Monad, a super-fast version of Ethereum, which...
Read More