Key Takeaways: Canaan secured a follow-on order from Tether for custom hash board modules deploying to South America in 2026. The modular system, co-designed with ACME Swisstech, cuts operational complexity and boosts compute density for large-scale immersion-cooled mining. Tether holds an option to purchase additional module volume, signaling potential multi-phase expansion of the partnership. Canaan…
Key Takeaways: The CFTC sued Wisconsin on April 28, 2026, defending Kalshi and Polymarket against state gambling law enforcement. Wisconsin AG Josh Kaul filed 3 lawsuits on April 23 targeting platforms earning over $1 billion annually from sports contracts. The CFTC has now sued 5 states in April 2026, with the conflict expected to reach…
Key Takeaways: Galaxy Digital posted a $216M Q1 loss as the crypto market fell approximately 20% by March 31. Galaxy Digital assets fell 12% to approximately $10B, showing crypto sector volatility impact. Galaxy Digital bets on Helios, adding 830MW; Coreweave deal to drive Q2 revenue. Mike Novogratz’s Galaxy Holds $2.6B Cash as $216M Loss Tests…
Key Takeaways: OKX framework, introduced April 28, 2026 enables tokenized U.S. Treasury assets as trading margin and collateral. Blackrock BUIDL fund delivers tokenized Treasury exposure with yield benchmarked to the U.S. Federal Funds rate. Standard Chartered custody keeps assets off-exchange while supporting real-time trading access and uninterrupted yield generation. Tokenized Treasury Collateral Expands Across OKX…
Key Takeaways: Warren Buffett groups prediction markets with sports betting in a CNBC interview. Buffett says state gambling revenue “relieves the taxes on me or other rich people.” Bernstein projects prediction market volume will hit $240 billion in 2026. Trade Press Has Skipped the Prediction-Markets Line The 95-year-old investor sat with CNBC’s Becky Quick on…
Key Takeaways: Galaxy Digital deposited 45,000 ETH worth over $104 million to Binance, Bybit, and OKX on Tuesday. Galaxy Digital’s April ETH exchange inflows approach 50,000 ETH across multiple transfers. Bitmine holds 98,352 staked ETH as institutional conviction on ether remains split. A Pattern of Exchange Inflows The move adds to a growing body of…
Key Takeaways: White House crypto adviser Patrick Witt said news on the Strategic Bitcoin Reserve, covering its operations and the legal framework around it, will be released soon. Witt confirmed the executive branch can take a “big step forward” without waiting for congressional legislation, though a bill will ultimately be required to lock the reserve…
Key Takeaways: Zetachain paused cross-chain transactions on Tuesday after an exploit targeting the GatewayZEVM contract’s call function hit internal team wallets. Slowmist identified the root cause as a missing access control and input validation in the call function, allowing any user to trigger malicious cross-chain calls without authorization. The incident marks the second major cross-chain…
IgniteTax AI, an artificial intelligence platform designed specifically for Philippine tax compliance, launched on April 16, 2026. The tool targets tax professionals, business owners, freelancers, educators, and students. The introduction of localized tax compliance tools coincides with the Bureau of Internal Revenue’s (BIR) recent initiatives to increase tax enforcement across the digital economy, including online…
Key Takeaways: Luxor Technology expanded LuxOS firmware to MicroBT Whatsminer miners, covering select M50 series models. MicroBT’s investment manager ITL signed a term sheet alongside a $100M Luxor hardware purchase commitment. Whatsminer fleets gain Power Targeting and faster curtailment recovery, with broader model support planned. Luxor Extends LuxOS to MicroBT’s Whatsminer M50 Series The Seattle-based…
