On Sunday morning around 10 a.m., theminermag.com—a platform tracking bitcoin mining news, data, research, and analysis—reported that Foundry USA has seen roughly 60% of its hashrate vanish as miners dial back production, with an Arctic cold front expected to barrel into several states. Storm-Driven Curtailment Pushes Bitcoin Block Times Higher A massive winter storm, powered […] Original
ZBD secures $40 million Series C to expand bitcoin and blockchain payment rails for gaming. ZBD, a New Jersey‑based bitcoin payments startup, reportedly secured a $40 million Series C led by Blockstream Capital with $36 million committed, funding the company’s expansion of video game payment software that processes bitcoin and other blockchain transactions. ZBD, which […] Original
UBS is quietly opening the door to cryptocurrency trading for wealthy clients, signaling a cautious but meaningful shift as global wealth managers respond to rising demand for bitcoin exposure and the growing role of blockchain in traditional finance. UBS Prepares Bitcoin Trading Pilot for Swiss Clients With Global Expansion, Report Traditional banks are increasingly reassessing […] Original
Crypto-friendly fintech unicorn Revolut plans to apply for a banking license in the United States, abandoning earlier plans to acquire a local lender as it seeks to expand its global presence, the Financial Times reported Friday. The United Kingdom-based fintech has been in discussions with US officials about applying for a bank license through the Office for the Comptroller of the Currency (OCC), the newspaper reported Friday, citing people familiar with the matter. The move, if confirmed, would be a milestone in strategy for Revolut, which said in September 2025…
The lawsuit was filed days after the president threatened on social media to sue the banking giant for debanking him weeks after his supporters attacked the US Capitol in 2021. US President Donald Trump has filed a lawsuit in Florida state court against JPMorgan, claiming that the banking giant terminated accounts connected to the president and his businesses “without warning or provocation.” According to a Thursday Bloomberg report, Trump filed a complaint in the Miami-Dade County state court, seeking $5 billion in damages from JPMorgan and its CEO, Jamie Dimon.…
Charles Schwab’s $10t research arm says crypto value clusters in base networks like Bitcoin and Ethereum, not infrastructure, and urges a 3-layer lens for the market. Summary The total crypto market cap was about 3.169 trillion dollars as of 31 December 2025, with the largest layer‑1 blockchains’ native assets representing 78% of this value. Schwab’s three defined sectors—foundational networks, infrastructure, and products—capture nearly 99% of total crypto market capitalization. In a universe of 300+ cryptocurrencies with monthly active users and market caps above 1 million dollars, foundational networks show the highest incidence of market caps above 100 million dollars, while…
The preliminary injunction against the predictions market platform came at the request of Massachusetts Attorney General Andrea Joy Campbell. Prediction markets platform Kalshi could face legal complications operating in the US state of Massachusetts after a judge reportedly ruled that residents could not use the website for sports betting. According to a Tuesday Reuters report, Suffolk County Superior Court Judge Christopher Barry-Smith said he would issue a preliminary injunction against Kalshi prohibiting the platform from offering sporting betting for residents without the required gaming license. The ruling followed Massachusetts Attorney…
Key Notes According to two sources, India’s central bank wants BRICS nations to unify their CBDCs. The goal is to reduce reliance on the United States dollar. President Donald Trump has previously threatened tariff sanctions, a move that could be revived if this proposal passes. Two sources have reported that India has published a proposal for countries under the BRICS bloc to link their Central Bank Digital Currencies (CBDCs). The central bank of the Asian giant strongly believes that this move will facilitate cross-border trade and tourism payments. Ultimately, this…
The White House is considering withdrawing its support for crypto market structure bill following a similar move from crypto exchange Coinbase, according to Fox Business reporter Eleanor Terrett, citing a source close to the Trump administration. In a Sunday post on X, Terrett reported that the White House is furious over Coinbase’s decision to pull its backing for the Digital Asset Market Clarity Act, describing the move as a “unilateral” action that blindsided administration officials. “The White House is said to be furious with Coinbase’s “unilateral” action on Wednesday, which…
Democratic leaders on key committees considering crypto market structure legislation are reportedly drawing a line in the sand over elected officials profiting off the industry. A number of Democratic lawmakers in the US Senate are reportedly pushing for conflict-of-interest guardrails in a crypto market structure bill under consideration. According to a Thursday report from Punchbowl News, Senate Democrats including Adam Schiff and Ruben Gallego demanded safeguards in the Republican-led Responsible Financial Innovation Act (RFIA) which would affect how US regulatory agencies and the government handles digital assets. The lawmakers reportedly…