IREN closes $3B convertible notes deal to fund AI pivot
The bitcoin miner-turned-AI operator upsized a $2B raise to nearly $3B in three days — one of the sector's largest converts, with proceeds funding Nvidia-backed GPU and data center buildout.
The bitcoin miner-turned-AI operator upsized a $2B raise to nearly $3B in three days — one of the sector's largest converts, with proceeds funding Nvidia-backed GPU and data center buildout.
Nvidia is now roughly $300 billion away from becoming the first company in history to cross the $6 trillion market…
Anthropic is offering fellows $3,850 per week, placing the AI safety lab's fellowship program among the most lucrative…
South Korea's Kospi index plunged 6% as investors aggressively sold off AI-driven technology stocks following a brief…
The political weight of the speaker is the story — when a sitting first family's banking access becomes a stage prop for the crypto industry's deregulation pitch, the audience for that pitch just…
The headline is growth, but the real story sits in two product lines no incumbent exchange is built for: a prediction market that crossed 100M contracts in under a year, and a card business already…
The framing flips Sonic's burn narrative: 295,454 S from VI product revenue outweighs 59,787 S of fee-related burns since March 1, and the ratio is the real story.
After months of heavy use, the exchange chief says AI agents feel like a distraction rather than a super-intelligent assistant — a candid counterpoint to the productivity narrative.
Ronghui Gu says the cost gap is structural: attackers lean on AI to scan operational and supply-chain gaps faster than white-hat budgets can keep up, while the Arbitrum freeze fallout threatens…
Four products including Kraken Bitcoin have already swapped LayerZero cross-chain rails in the wake of the Kelp DAO attack, and a $2.57B combined TVL is the real signal of how much weight is moving.
Backprop is one of Bittensor's highest-volume decentralized trading venues; folding it into General Tensor consolidates the ecosystem's on-chain liquidity rails under a DCG-backed operator.
The chipmaker priced above range and rocketed ~100% out of the gate, extending a 2024 IPO window that has rewarded pure-play AI compute names with scarcity premia.
Joseph Chalom argues Ethereum treasury books are staking-led and structurally simpler than Strategy's debt-financed BTC accumulation — and that tokenization will deepen that divergence.
Nvidia CEO Jensen Huang has weighed in on President Trump's China summit, calling it "one of the most important summits…
Dune joins a growing list of crypto media and data firms shrinking headcount while betting AI tooling lets a smaller team cover the same surface — the structural read is on the rest of the…
The lineup matters less for any single name than for what it signals: Binance is leaning into stock-token exposure for the retail crypto book, blending blue-chip US equities with leveraged perpetual…
The switchover migrates over $3B in TVL onto Chainlink's CCIP after April's Kelp bridge drain exposed legacy cross-chain risk — and follows Coinbase's $7B CCIP migration last year.
Anthropic's Mythos AI system has reportedly identified vulnerabilities in macOS capable of bypassing Apple's built-in…
The sale tests whether MARA is monetising BTC to fund an AI-data-center build-out or simply trimming treasury exposure — Fred Thiel's Bloomberg appearance did little to settle the read.
The on-chain investigator says insiders and an unnamed market maker hold the bulk of supply — but warned the same setup could fuel a push higher, not a flush.