Tag: crypto theft

TL;DR: IREN reported $200 million in quarterly AI Cloud revenue, up from $71 million the previous quarter, while Bitcoin mining revenue fell from $67 million to $28 million. Its November 5 results underline how quickly some former mining-led businesses are shifting towards AI infrastructure — and how expensive that shift remains. IREN’s latest quarterly results…

The gold advocate used the development to question Michael Saylor’s six-year Bitcoin investment strategy, arguing that gold delivered substantially better returns over the same period. His comments have reignited the debate over BTC’s long-term performance compared with traditional precious metals. According to Brave New Coin’s Bitcoin market data, BTC traded at approximately $75,955 on November…

TL;DR: TeraWulf’s November 6 earnings release shows $63 million in third-quarter high-performance-computing lease revenue, around 83% of its $76.2 million total. The company is increasingly an AI infrastructure business, although large non-cash gains and long-dated construction plans require careful reading. TeraWulf is becoming a clear example of how the economics of Bitcoin mining can lead…

TL;DR: Solana Foundation’s November 6 ecosystem review says two protocol changes went live in October: a reduction in target slot time to 200 milliseconds and Alpenglow consensus activation. It also reports a record $5 billion in real-world asset value. These are different metrics, and none alone proves a better experience for every application. After a…

TL;DR: A Solana Foundation update dated November 5 confirms that Samsung Wallet’s stablecoin account went live on November 2 for eligible US Galaxy owners. USDC transfers and certain international bank payouts are supported, but the headline 82 million compatible devices should not be mistaken for 82 million active users. A crypto feature that does not…