Bitfarms (BITF) announced an initial agreement for a private debt facility of up to $300 million with Macquarie Equipment Capital, Inc., a division of Macquarie Group’s Commodities and Global Markets. The funding will support Bitfarms’ initial development of its high-performance computing (HPC) data center at Panther Creek, Pennsylvania—expected to reach up to 500 MW of … Read more
Wednesday could be a pivotal day for financial markets, including cryptocurrencies, as President Donald Trump is expected to announce sweeping reciprocal tariffs to “liberate” the U.S. from the supposed unfair practices of its trading partners. Ahead of the pivotal announcement, signs of downtrend exhaustion have emerged in the ether (ETH) market. Yes, you read that … Read more
BlackRock managed to land on the Financial Conduct Authority’s tough crypto register on Tuesday, the regulators website showed. The world’s biggest asset manager will be allowed to act as an arranger for iShares Digital Assets AG, which issue Exchange Traded Products (ETPs) — a financial instrument that is pegged an underlying asset, in this case … Read more
Less than half of non-U.S. customers of bankrupt cryptocurrency lending firm BlockFi have come forward to claim their assets back with a May 15 deadline looming, the lender said in a blogpost on Wednesday. BlockFi filed for bankruptcy in November of 2022 as contagion from the collapse of FTX spread through the crypto industry. The … Read more
By James Van Straten (All times ET unless indicated otherwise) President Trump’s so-called Liberation Day has arrived, and markets are nervously awaiting developments on U.S. tariffs. Even within the administration, the mood appears far from optimistic. Commerce Secretary Howard Lutnik is reportedly in the crosshairs, with suggestions he may become the scapegoat for favoring overly … Read more
Japanese hotel company Metaplanet (3350) has acquired an additional 160 BTC at an average purchase price of 12.5 million yen, approximately ($83,600 per BTC), with a total investment of 1.998 billion yen ($13.4 million). This brings Metaplanet’s total bitcoin holdings to 4,206 BTC, acquired at an average purchase price of 12.9 million yen, approximately ($86,500 … Read more
North Korean “IT workers” are increasing illicit cyber activity across Europe with an eye on blockchain projects, Google Cloud warned in a Wednesday report. Projects built on the popular Solana network, including applications and job boards, are getting hit by the rising attacks. Democratic People’s Republic of Korea (DPRK) operatives pose as legit remote workers … Read more
Sony customers in Singapore can now use the USDC stablecoin in its online store. Sony Electronics’ Singapore (SES) has integrated cryptocurrency payments in partnership with crypto exchange Crypto.com, the two firms said Wednesday. Stablecoins are cryptocurrencies whose value is pegged to a real-world asset, such as the U.S. dollar or gold. USDC, issued by Circle, … Read more
Blockchain security firm CertiK has revealed that $1.67 billion worth of crypto was stolen by hackers in the first quarter of 2025, a 303% rise on the previous quarter. The figure is two thirds of the total amount stolen across 2024, although it’s worth noting that the majority of Q1’s losses can be attributed to … Read more
Investment manager VanEck has registered to list an exchange-traded fund tracking BNB, the native cryptocurrency of the Binance-linked BNB Chain. The New York-based firm has proposed the establishment of a trust in Delaware for a BNB ETF, a preliminary step to a formal application with the U.S. Securities and Exchange Commission (SEC). VanEck’s BNB ETF, … Read more
