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…
Bitcoin finally smashed through the $100K mark on Thursday, snapping out of months of dull price action, and it pulled the rest of the market up with it. Ethereum jumped…
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Bhutan, in partnership with Binance Pay and DK Bank, has rolled out the world’s first national-level crypto tourism payment system today. The Himalayan kingdom now lets travelers pay for nearly…
Key Takeaways:Maldives is developing a $9B blockchain finance center to reduce its dependence on tourism.The project will triple GDP and generate 16,000 jobs in five years.It aims to compete with…
Thu 08 May 2025 ▪
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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…
U.S. Treasury Secretary Scott Bessent praised current crypto legislation while bolstering his belief in the blockchain sector during a May 7 House Financial Services Committee Hearing.Bessent Shares His Take On…
San Francisco, California, May 8th, 2025, ChainwireMicrosoft-backed Space and Time is the blockchain for ZK-proven data.Space and Time, the Microsoft-backed blockchain for zero-knowledge (ZK)-proven data, is live on its public,…