Orbital data center company to start mining Bitcoin in space
Starcloud CEO Philip Johnston noted that it is 30 times cheaper to mine Bitcoin on ASICs than on GPUs in space on a kilowatt-hour basis.
Ring’s Jamie Siminoff has been trying to calm privacy fears since the Super Bowl, but his answers may not help
The facial recognition question is where things get more tangled.
Flow Foundation files court motion to block Korean exchange delistings
Every major global exchange has restored full FLOW services, said the Foundation on Monday.
Bitcoin correlation with tech stocks overblown: NYDIG
NYDIG’s Greg Cipolaro says that Bitcoin and tech stocks aren’t converging and are likely just reacting to macroeconomic conditions rather than trading in tandem.
Treasury Urges Congress to Give Crypto Platforms Power to Freeze Suspicious Funds
The proposal would give exchanges legal cover to temporarily freeze suspicious crypto while investigators move to secure warrants.
Crypto regulatory clarity matters more for banks, ex-CFTC chief says
If the CLARITY Act fails to pass, Giancarlo said he expects Paul Atkins at the SEC and Mike Selig at the CFTC will likely write rules to create clarity for the industry.
Oil futures surge 20% past $110 as war fears hammer Asian stocks, bitcoin steady near $67K
Nikkei drops more than 6%, and Kospi slides about 8% as traders price supply disruption risk, while prediction markets show strong odds of $120 crude.
Crypto funding up 50% in 12 months as fewer, larger deals dominate
Despite a rise in crypto fundraising, Messari’s Eric Turner noted that no major crypto VCs have closed rounds except Dragonfly recently, stating that crypto “needs some fresh capital.”
Bitcoin Price Slips as Oil Surges and US Stock Futures Tumble
Whether Bitcoin’s resilience holds may depend less on battlefield developments than on how energy prices respond in the days ahead.
Bitcoin drops 2% as oil prices surge on energy shortage fears
Bitcoin’s price has now fallen over four consecutive days to $66,272 after initially climbing on the US-Israel strikes on Iran.
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Bitcoin tumbles below $66,000 as oil prices explode nearly 20% higher
There was little sign over the weekend of any de-escalation in the war against Iran.
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Saylor signals another Bitcoin buy as BTC hovers near $66K
Strategy’s Bitcoin treasury is valued at over $48.4 billion at the time of this writing, but with a net asset value of less than 1, it’s trading at a discount.
Palmer Luckey’s retro gaming startup ModRetro reportedly seeks funding at $1B valuation
The company launched its first product, a Game Boy-style handheld device called the Chromatic, in 2024.
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Will the Pentagon’s Anthropic controversy scare startups away from defense work?
On the latest episode of TechCrunch’s Equity podcast, we discussed what the controversy means for other startups seeking to work with the federal government.
Brazil’s Pix instant payments system expands to Argentina
The Pix payment system is credited with driving crypto adoption in Argentina, according to a report from the Lemon crypto application.