In brief
Tether reported a second-quarter profit of $4.9 billion.
CEO Paolo Ardoino teased a new U.S. venture.
The stablecoin is still partly backed by Bitcoin and precious metals.
Tether reported a second-quarter profit…
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In brief
Meta is pouring billions into AI, aiming to build “personal superintelligence” for users.
The company launched Superintelligence Labs and is racing to train massive next-gen AI models.
So far, AI mostly…
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Capital.com, a provider of contracts for differences trading
services, reported a 22% quarter-on-quarter increase in the number of trades
executed during the second quarter of 2025.The total number of trades exceeded 59…
Virtu Financial, Inc. has named Aaron Simons as its new
Chief Executive Officer. He will also join the company’s Board of Directors.
Simons replaces Douglas Cifu, who will retire as CEO but…
Tesla has signed a major deal worth $4.3 billion with South Korea’s LG Energy Solution (LGES) to supply rechargeable batteries. The batteries come with energy storage systems that run on…
In brief
Bitmine Immersion Technologies has approved a plan to execute an up to $1 billion buyback of its common stock.
The repurchase plan is open-ended, with purchases happening periodically over…
In brief
Tron Inc. plans to raise up to $1 billion to fund ongoing TRX accumulation.
The company disclosed its toy business no longer generates positive cash flow.
Its strategy is an attempt…
In brief
American Bitcoin miner MARA has closed an upsized private offering to buy BTC.
MARA is the second biggest corporate holder of Bitcoin.
The company has said it will adopt…
