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Miner Weekly: These Miners Cut Hashrate 50% as AI Revenue Doubles

The AI retrofit is becoming easier to see in miners’ income statements. This article first appeared in Miner Weekly, a weekly newsletter by Blocksbridge Consulting curating the latest news in energy, compute, infrastructure, and data analysis from The Energy Mag. The original article can be viewed here. IREN, Core Scientific (NASDAQ: CORZ) and TeraWulf (NASD…

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Why Tokenized Gold’s Explosive Growth Isn’t the Full Story: Xash CEO

Tokenized gold’s booming market cap and trading volumes haven’t translated into decentralized finance adoption. According to Xash CEO Kevin Huynh, most gold-backed tokens sit idle rather than generating yield. Tokenized Gold Booms in Volume Despite surging investment and trading volumes, tokenized gold has struggled to establish meaningful utility in decentr…

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How Buterin Complicates Ethereum’s Wall Street Pitch by Aiming at Bitcoin

Vitalik Buterin’s latest pivot in how Ethereum should be valued might make traditional Wall Street investors dizzy. The narrative is changing once again, and this time it moves ETH into the territory where Bitcoin’s pitch in traditional finance (TradFi) is strongest: being a store of value. This leaves the two most valuable blockchain networks competing […]

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What Nvidia’s CEO Ouster and Bitcoin Have in Common

Speculation is mounting that Nvidia CEO Jensen Huang was forced out after the co-founder of the multitrillion-dollar company began advocating for open-source AI models. While these theories remain unconfirmed, they also draw parallels with Bitcoin’s own fight over open-source development. Although Huang announced his resignation, an undisclosed person famili…

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Nubank Secures Brazil Banking License to Save Its Iconic Name

The neobank, which also runs a crypto business, received approval to purchase Banco Porto Real de Investimentos S/A, becoming a licensed bank in Brazil. The development enables the company to maintain its name, as regulators pressured it to drop the bank moniker since it was not licensed as a bank in the country. Nubank Receives […]

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DOJ Secures Court Approval Targeting $1.2B in Stolen Binance Crypto

The Justice Department secured court authorization targeting more than $1.2 billion in cryptocurrency stolen from Binance. The action formed part of a recovery effort that froze billions of dollars following an attack U.S. authorities attributed to North Korea. Court Orders Target More Than $1.2 Billion The U.S. Department of Justice (DOJ) announced on Nov.…

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Bitcoin Faces Massive Liquidation Cluster Near $60K, Glassnode Warns

Bitcoin approached a large concentration of leveraged trades as Glassnode warned that forced selling could deepen its decline. The warning came as shrinking trading liquidity and losses on bullish bets increased pressure across crypto markets. Glassnode Warns of Vulnerable Trades Below Bitcoin’s Price Glassnode, a firm that analyzes public blockchain data an…

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Bitcoin Plunges, but Michael Saylor Says STRC Still Delivers Gains

Michael Saylor highlighted positive returns from Strategy’s income-paying preferred shares, traded as STRC, while bitcoin fell near $64K on Nov. 14, down more than 21% over one month. The slide pushed the company’s bitcoin holdings further below their acquisition cost. Saylor Highlights Income During Bitcoin’s Slide Michael Saylor, founder and executive chai…

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Cobra Warns AI Threatens Bitcoin Self-Custody as Winter Looms

The pseudonymous owner and maintainer of the bitcoin.org domain stated he had never seen bitcoiners so demoralized, highlighting that the recent bear market was brutal. Cobra pointed out several tailwinds for bitcoin’s future, stressing that owning bitcoin is extremely risky right now. Bitcoin.org Steward Cobra Highlights Tailwinds for Bitcoin in the Short T…

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Unocoin Admits $200K Crypto Loss, Warns of Customer Data Breach

Indian cryptocurrency exchange Unocoin confirmed Saturday, Nov. 14, that attackers stole approximately $200,000 in cryptocurrency from three compromised hot wallets, reversing its earlier assurances that no funds were lost. The trading platform’s team also acknowledged potential exposure of sensitive customer information. Unocoin’s $200K Revelation Rewrites…

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