Bitcoin miners face widening AI financing costs as lenders scrutinize deals
The Bitcoin mining industry needs roughly $50 billion to complete planned AI infrastructure projects, with IREN, Riot Platforms and HIVE Digital facing major funding gaps.
The Bitcoin mining industry needs roughly $50 billion to complete planned AI infrastructure projects, with IREN, Riot Platforms and HIVE Digital facing major funding gaps.
Bitcoin price action stayed rangebound after failing to sustain above $84,000 into the Wall Street open on rising oil prices.
Evernorth’s share price rose by 5% as investors welcomed the Nasdaq debut of the first pure-play XRP digital asset treasury.
The discovery of an unauthorized Ledger hardware implant reignited debate on whether Bitcoin ETFs are safer than self-custodying Bitcoin via hardware wallet devices.
Michael Saylor’s Strategy said Bitcoin holdings reached 848,250 BTC after its latest purchase, while maintaining a $4.88 billion cash reserve.
ASIC’s proposal would extend leverage limits and protections against negative balances to certain derivatives settled in digital assets.
Payward received full market approval from Dubai’s VARA to expand its digital asset services in the UAE, building on the preliminary approval received in May.
Standard Chartered has launched custody for Ripple’s RLUSD stablecoin on the XRP Ledger and plans to let institutions use the tokens as trading collateral.
Jeonbuk Bank reportedly began offering Bitcoin-backed loans to corporate customers, with a third-party custodian holding the cryptocurrency used as collateral.
The Financial Stability Board flagged cross-border stablecoin risks and AI-related cybersecurity threats while urging G20 policymakers to support stronger safeguards.
Investors will have to wait an extra day to find out if and how much Strategy added to its Bitcoin treasury in the first week of October.
Company advised users not to visit or interact with the link in question and said it will share any further verified updates.
Ledger said the incident appeared to be isolated to a single reseller and its Southeast Asian market.
The two measures attempt to set the stage for a potential US Supreme Court battle over federal and state jurisdiction.
Anthony Albanese said governments must help shape AI’s development, after revealing earlier that an OpenAI agent accessed non-public files on an Australian Medicare data portal.
Shielded Bitcoin would use zero-knowledge proofs and encrypted notes to hide transaction details without changing Bitcoin consensus, but researchers have raised questions about anonymity and quantum resistance.
Block joins Google, Microsoft, AWS and Coinbase in backing x402, an open payment standard enabling agentic AI commerce.
Bitget CEO Gracy Chen said a preliminary investigation found IP addresses matching VPN choices associated with a DPRK hacking group.
Trueo said Base was the right choice when it launched, as Ethereum gas fees were higher, but said mainnet now offers greater integration potential.
Kakao Pay and KakaoBank are exploring digital asset opportunities with Fireblocks, including infrastructure for stablecoins.