Key Takeaways Riot signed Anthropic for 191 MW through 2048, with the deal worth up to $16.1B. Riot’s artificial intelligence (AI) pivot lifted data-center revenue to $23.2M as bitcoin mining revenue fell to $113.7M. Riot plans 96 MW by Dec. 2027 and all 191 MW by June 2028, making AI core to growth. Riot Converts…
Key Takeaways Keel shut all U.S. bitcoin mining as Q2 revenue fell 50% to $30.4M during its AI pivot. Keel sold 1,085 BTC, leaving $819M in liquidity as miners chase higher AI infrastructure returns. Keel’s next test is signing AI tenants for 3 priority U.S. sites after its 18-month transition. Keel Sells 1,085 BTC as…
Key Takeaways White House adviser Patrick Witt has set a hard September 15 deadline for the Senate to advance the bill. Senate Majority Leader John Thune says Democrats blocked a floor vote before the August recess. Polymarket odds for 2026 passage fell to about 15.5%, down from roughly 30% a week earlier. A Hard Deadline…
Key Takeaways Bertie Ahern’s AB Foundation applied to dissolve after never trading following its 2025 launch. The collapse highlights rising regulatory scrutiny for crypto entities tied to a Cambodian group under U.S. sanctions. The Irish CRO will formally dissolve the non-profit as crypto philanthropy faces tighter global oversight. Inactive Since Launch The AB Foundation, an…
Key Takeaways Blackrock’s Robbie Mitchnick confirmed the $1 million threshold on Bloomberg TV. IBIT drew $479 million in three days as bitcoin ETFs extended a weekly inflow streak past $750 million. The lower bar lets smaller institutions redeem IBIT shares for bitcoin, tightening the fund’s price tracking. Mitchnick Confirms the Change Robbie Mitchnick, Blackrock’s head…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The game that sparked the global web3 gaming explosion is about to face its ultimate decentralization test. Axie Classic, the original card-battler that introduced millions of players to play-to-earn mechanics, is officially winding down its…
Key Takeaways On July 27, 2026, an Ohio Lottery player spent $100 on two Millionaire Blowout tickets to win dual prizes. Modern paper lotteries like Ohio’s run 26.75% tax automation and risk engines akin to Big Tech fintech. The winner will allocate $384,562 toward Toledo local auto dealers, extended travel, and savings in 2026. On…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The Philippine stock market is on the verge of a long-awaited fintech wave, but digital banking titan Maya is letting its biggest competitor take the stage first. Maya is now targeting an initial public offering…
XRP prices surged to $3.04 the previous day, but subsequently retreated to $2.94, encountering short-term resistance. The recent surge was primarily driven by rising expectations for an ETF and active institutional investors in the derivatives market. XRP futures contracts listed on the Chicago Mercantile Exchange (CME) have reached 386 million XRP, a 74% increase from…
Key Takeaways CEO Phong Le said the company’s USD reserve and duration reached all-time highs after growing more than 5X in 2.5 months. The reserve climbed to $4.65 billion from $871 million in late May, extending liquidity available for preferred dividends and debt interest. The company sold 1,690 BTC for $108.6 million and used the…
