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Iren reports sharp drop in Bitcoin mining revenue as AI cloud sales surge
IREN announced quarterly results showing Bitcoin mining revenue fell to $28 million, down from $67 million. AI cloud revenue rose to $200 million, up from $71 million.
- AI cloud revenue increased to $200 million, up 182% from $71 million.
- Total quarterly revenue rose to $228 million, while net loss narrowed to $263 million.
Zcash network activates network upgrade seven while token price declines
Uranium digital raises $16.5 million in series a funding
Moscow Exchange to begin pilot Bitcoin and Ethereum trading on Dec 1
Greece parliament approves 10% crypto gains tax and 15% staking levy
Greece's parliament passed a bill imposing a 10% capital‑gains tax on cryptocurrency profits and a 15% tax on income from staking, lending and DeFi.
Anthropic IPO plans face valuation shift amid AI stock selloff
Anthropic is preparing a Nasdaq IPO under the ticker ANT. The company aims to attract investors in Japan and other markets.
Hackers steal billions from Binance as industry freezes funds
Hackers stole billions of dollars in digital assets from Binance wallets across ten different blockchains. TRM Labs attributed the attack to the North Korean hacking group TraderTraitor.
Treasury sanctions network linked to digital asset scam operations
The United States Treasury Department issued sanctions against individuals and entities tied to the Prince Group. Officials state the Cambodia-based conglomerate uses illicit crypto investment and romance schemes.
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