Bitcoin miner Terawulf announced on Aug. 14 that it has entered into two ten-year high-performance computing colocation agreements with AI cloud platform Fluidstack. Financial and Corporate Backing Bitcoin miner Terawulf announced on Aug. 14 that it had entered two 10-year high-performance computing (HPC) colocation agreements with artificial intelligence (AI) cloud platform Fluidstack. As part of […] Source CryptoX Portal
Michael Saylor, chairman of the largest public Bitcoin treasury company, Strategy (formerly MicroStrategy), is embarking on what could be his most daring financial venture yet: the introduction of perpetual preferred stock as a new funding mechanism. This new approach seeks to move away from traditional methods like common stock sales and convertible bonds, which have already helped Strategy amass $75 billion in Bitcoin assets. Saylor’s Bitcoin Credit Model The perpetual preferred stock, branded “Stretch,” offers a unique financial structure—these securities do not mature and can even defer dividend payments, providing…
Crypto recovery scams are evolving fast, with sophisticated fraudsters now impersonating entire law firms and fake government agencies to exploit victims a second time. FBI Flags Fake Crypto Lawyers Exploiting Grief, Trust, and Empty Wallets The U.S. Federal Bureau of Investigation (FBI) issued a new public service alert on Aug. 13, 2025, highlighting an intensification […] Source CryptoX Portal
A fierce showdown is brewing as over 80 crypto and fintech leaders demand immediate action to block major banks from throttling consumer data access and crippling digital finance. Trump Pressed by 80 Executives as Banks Move to Block Crypto Account Links Executives from the cryptocurrency and fintech sectors called on President Donald Trump on Aug. […] Source CryptoX Portal
Key Notes WiseLink backs Top Win with $2M convertible debt in a $10M funding round. Top Win will rebrand as AsiaStrategy and expand into Bitcoin holdings. Convertible debt offers WiseLink flexibility to convert to shares later. A Taiwan-listed firm has taken an unusual step into the world of Bitcoin BTC$117 09224h volatility:0.8%Market cap:$2.33 TVol. 24h:$51.00 Breserves. WiseLink has become the main backer in a $10 million funding effort for Top Win International, a Hong Kong luxury watch seller now moving into digital assets. This marks the first known case of…
DeFi Development Corp. has priced an upsized $112.5 million private offering of convertible notes to bolster its corporate treasury, including further acquisition of solana ( SOL). Company Funds SOL Strategy With Convertible Notes Worth $112.5 Million The Nasdaq-listed company (DFDV) announced the 5.5% convertible senior notes due 2030, marketed to qualified institutional buyers under Rule […] Source CryptoX Portal
Ronin, a purpose-built blockchain for gaming, said it will migrate back to the Ethereum ecosystem as a layer-2 network, making Ronin a general-purpose chain for applications beyond gaming. The blockchain originally spun off from the Ethereum mainnet in 2021 in search of better network speeds and cheaper transaction fees for Axie Infinity, a non-fungible token (NFT) blockchain video game. The Ronin team wrote: “Things are different now. Ethereum is back. Transaction costs and speeds are better than ever. We are early to a new era of growth, and Ronin is…
The global financial system is on the verge of a seismic shift. A prominent figure in the financial institution believes that tokenized assets could grow into a $100 trillion market in the coming years. As tokenization expands, Ethereum is positioned to become the foundation of a new, faster, and more accessible global financial system. Ethereum As The Settlement Layer For Global Finance In an X post, CryptoGucci shared a clip of SharpLink Gaming (SBET) Co-CEO Joseph Chalom outlining his bullish outlook for Ethereum, while forecasting a financial tectonic shift. According…
Key Notes America’s third-largest bank by assets significantly boosted cryptocurrency exposure through multiple ETF purchases. Harvard University also disclosed substantial $117 million holdings in BlackRock’s Bitcoin Trust during the same quarter. BlackRock’s total Bitcoin accumulation now approaches 661,000 BTC, nearing legendary Satoshi Nakamoto wallet levels. US banking and financial services firm Wells Fargo quietly increased its holdings in BlackRock’s iShares Bitcoin Trust exchange-traded fund (ETF) by more than six-fold from $26 million to more than $160 million between the first and second quarters of 2025, according to SEC filings revealed…
Since the U.S. Producer Price Index (PPI) report dropped, the odds of the Federal Reserve trimming the federal funds rate have taken a slight turn. September Fed Cut No Longer a Lock After PPI Shock The hotter-than-expected inflation data in the July PPI has thrown a hint of uncertainty into the equation. While traders still […] Source CryptoX Portal