Bitcoin mining pool Poolin has entered bankruptcy proceedings, leaving roughly 11,700 users with claims totaling $164 million in unpaid wallet balances. Signed offers to creditors amount to just 31.8% of the outstanding IOUs, and that figure reflects only gross arithmetic. In practice, recoveries are likely to fall below
Cryptocurrency majors edged lower as investors weighed the latest round of technology company earnings and looked ahead to next week's Federal Reserve meeting. Dogecoin led the decline, falling 4.5%, while ether dropped 2.5% in a broad but relatively modest retreat across major digital assets. Despite the
Originally built to streamline cryptocurrency trading, stablecoins have grown into one of crypto's most widely adopted applications, now positioned as an efficient and transparent medium of exchange for the broader financial system. The total stablecoin market capitalization has surged to $300 billion, reflecting rising demand from both retail
A sharp decline in major technology stocks failed to spill over meaningfully into digital assets, signaling a potential divergence between crypto and equities. The Magnificent Seven group of tech giants recorded their worst trading day since April 2025, with Alphabet and Tesla rattling investors over concerns about heavy AI-related
A Bitcoin treasury company retired 7.7 million potential shares by clearing an $11.7 million convertible note, a move funded in part by selling 177 BTC from its holdings. Eliminating the convert simplifies the firm's capital structure and removes a layer of potential dilution tied to the
Facing a convertible debt facility that could have diluted shareholders, The Smarter Web Company chose to liquidate part of its Bitcoin holdings instead. The firm sold 177.89 BTC for $11.7 million to repay the facility ahead of schedule, a move that avoids issuing new shares that would have
The settlement resolves a Freedom of Information Act dispute backed by Coinbase that sought access to internal regulatory records from the tenure of former SEC Chair Gary Gensler. Under the reported terms, the Securities and Exchange Commission will pay $150,000 and release two documents it had previously withheld. The