Crypto

Despite the bear market, today's report suggests a higher valuation than the $40 billion at which the firm raised funds in November.

The digital asset infrastructure company plans to launch the pool in April as it expands beyond Bitcoin mining services. Digital asset infrastructure company Foundry Digital plans to launch a mining pool for Zcash in April 2026, expanding beyond Bitcoin mining infrastructure. The company said the pool will be designed for institutional and publicly traded miners seeking compliance-focused mining services. The new pool will be based in the United States and built on the same infrastructure used by Foundry USA Pool, which is operated by the company. Foundry said the service will include reporting tools and payout systems intended to meet the operational requirements of institutional miners. Zcash is a privacy-focused cryptocurrency which features an encrypted ledger using zero-knowledge proofs. A mining pool is a service that allows multiple miners to combine computing power and share block rewards, increasing the chances of earning consistent payouts. Read more

Microsoft filed a court brief backing Anthropic's lawsuit against the Pentagon—a move that reveals just how much the tech giant has riding on Claude's survival.

Wells Fargo has applied for a trademark for "WFUSD" for potential use in service categories that mention crypto and stablecoins.

Matt Hougan believes Bitcoin only needs 17% of a $121 trillion store-of-value market to reach a $1 million valuation.

The cost of medical care, apparel, household furnishings, airline fares, and education all rose during the month of February, BLS data shows. The latest rise in the consumer price index (CPI) was “in line with estimates,” and rising inflation has already been priced into the macroeconomic data for the March CPI print, according to market analysts at exchange-traded product (ETP) issuer 21Shares. Shelter rose 0.2% in February, while the food sector of the CPI rose 0.4%, energy increased by 0.6%, and the index for all items, excluding food and energy, rose by 0.2%, according to the US Bureau of Labor Statistics (BLS) February CPI report. Stephen Coltman, head of macro at 21shares, said the upcoming CPI prints place even more pressure on the Federal Open Market Committee (FOMC), the body that decides interest rate policy. He said:  Read more

Binance data points to shifting liquidity flows and evolving trader positioning that may support Bitcoin’s next price move. The next big breakout for Bitcoin (BTC) may hinge on changes unfolding across Binance’s exchange flows and derivatives activity. Onchain data from the largest cryptocurrency exchange currently show a cooling of whale deposits, rising BTC withdrawals, and growing futures dominance, which may influence the next direction for Bitcoin’s price. The Bitcoin exchange whale ratio on Binance, which measures the ten largest inflows relative to total exchange deposits, surged above 0.60 during early February, indicating strong selling by whales. Read more

A vulnerability in some MediaTek-powered phones could allow attackers to extract encrypted data, including wallet seed phrases, using only a USB connection.

The prediction market is the first to use the USD1 stablecoin as its main settlement layer, creating a “faster, simpler” user experience.

Binance returns to Iran sanctions scrutiny after its $4.3 billion U.S. plea The Justice Department is reportedly probing Iran’s use of Binance to evade sanctions, pulling the world’s largest crypto exchange back into a national security case less than three years after it pleaded guilty in the U.S. and agreed to a resolution worth more […] The post DOJ probes Binance again over Iran-linked crypto flows after $4.3B settlement and CZ pardon appeared first on CryptoSlate.

XRP looks primed for significant volatility, yet it remains unclear whether that will translate into a rally or a steep pullback.

The Trump SEC appears to contend a token connected to Sun was offered as a security. The admission could complicate the regulator’s new views on crypto.

Ben McKenzie's film, “Everyone Is Lying to You for Money” touts interviews with former FTX CEO Sam Bankman-Fried on his political donations. Ben McKenzie, a Hollywood actor known for his roles on television shows including Gotham and The OC, has released the trailer for a documentary about cryptocurrency featuring interviews with actors and former executives at once-prominent trading platforms. Released by international sales agency and distributor The Forge on Tuesday, the trailer for the documentary, titled “Everyone Is Lying to You for Money,” showed McKenzie saying cryptocurrency was “pretty stupid” and the actor’s journey to advocating against the industry. The film features footage from 2022 of former FTX CEO Sam “SBF” Bankman-Fried and former Celsius CEO Alex Mashinsky before their respective companies collapsed, as well as interviews with celebrities including Morena Baccarin and Gerard Butler. The trailer shows McKenzie directly asking SBF how much he had donated to politicians; it lists among its ca...

The investment makes Strive the latest corporate to add the yield-generating security to its balance sheet as companies explore Bitcoin-linked treasury instruments. Strive Asset Management (ASST) said Wednesday it has allocated $50 million of its corporate treasury to STRC, the variable-rate perpetual preferred stock issued by Strategy. The investment represents more than one-third of Strive’s treasury reserves and reflects growing institutional interest in yield-generating securities linked to Bitcoin-focused treasury strategies, according to a company announcement. The allocation makes Strive the latest company to add STRC to its balance sheet, following similar moves by companies including Prevalon Energy, Anchorage Digital and Oranjebtc, according to Strategy. Read more

The longtime bitcoin bear's gloom-and-doom call met with fierce rebuttal from industry analysts.

Bitcoin enters its most psychologically challenging cycle phase as BTC sellers and rising losses signal prolonged uncertainty and potentially more pain ahead. Bitcoin (BTC) failed to break the $72,000 resistance on Tuesday, as onchain data suggested that BTC was entering the most “challenging” phase of the cycle. Key takeaways: Bitcoin price stays range-bound following another rejection at $72,000. Read more

The move is a major step in Revolut's goal to become a global digital bank. Services like crypto and stock trading remain separate.

VanEck products will be available on fintech 401(k) provider Basic Capital, offering retirement savers potential exposure to digital assets through exchange-traded funds. VanEck has made some of its digital asset exchange-traded products (ETPs) available to 401(k) holders in the United States, signaling a push to integrate crypto-focused investments into traditional retirement accounts. On Wednesday, the fund issuer said a selection of its digital asset ETPs will be offered through Basic Capital, a fintech platform that provides employer-sponsored 401(k) plans. The companies did not specify which VanEck digital asset ETPs will be available on the platform. Within crypto, VanEck is best known for the VanEck Bitcoin Trust (HODL) and the VanEck Ethereum Trust (ETHV), its spot Bitcoin (BTC) and Ether (ETH) exchange-traded funds (ETFs). Read more

The chairman of the U.S. Federal Deposit Insurance Corp. made clear that even pass-through deposit insurance won't be allowed from third-party firms.

In this week’s Crypto Long & Short Newsletter, Sylvia To on AI agents choosing denationalized money.