In brief
MARA reported a substantial $533 million net loss largely due to Bitcoin valuation adjustments.
Revenue grew 30% year-over-year to $214 million but still missed expectations.
Its mining output fell 19% despite…
After a strong 2024—where it posted $931 million in total commissions and $192 million in net profit—IPO-bound eToro now forecasts a lower Q1 net income between $56 million and $60…
Michelle Bond, the wife of former FTX Digital Markets co-CEO Ryan Salame, who faces federal campaign finance charges, is pushing for dismissal on the grounds that US prosecutors deceived her…
Crypto rallies, US-China trade talks to begin, FOMC decision today
FOMO HOUR EP352BTC: 97k (+3%), ETH: 1840 (+2%), SOL: 147 (+2%).
Top Gainers: LTC, STX, WLD, FET, QNT.
BTC ETFs: -$86mn, ETH ETFs:…
Alex Mashinsky, the Celsius founder, was sentenced to
12 years in prison for a scheme that unraveled billions in investor funds and
trust, Bloomberg reported. Mashinsky, once a vocal promoter of Celsius
Network’s…
Former Celsius CEO Alex Mashinsky will probably be allowed to travel for his daughter’s wedding regardless of the outcome of his May 8 sentencing hearing.In a May 8 filing in…
In brief
Move-to-earn protocol Sweat is adding an AI agent and going multi-chain with its token.
The AI agent, Mia, will assist users with fitness and finance via a simple chat…
While global headlines have focused on China’s digital yuan and the European Central Bank’s cautious CBDC steps, Canada has been quietly building one of the world’s most thoughtful and forward-looking…
The US Office of the Comptroller of the Currency (OCC) has confirmed banks under its jurisdiction can trade crypto on behalf of customers and outsource some crypto activities to third…
In brief
G7 leaders are expected to discuss North Korea’s use of crypto hacks to fund weapons programs next month, amid heightened geopolitical tensions.
The DPRK has stolen billions in crypto through…