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Bitcoin mining firm Luxor raises $16 million for artificial intelligence expansion
Bitcoin mining infrastructure firm Luxor Technology has raised $16 million in a strategic funding round.
- Luxor Technology raised $16 million in a strategic funding round led by CMT Digital.
- Bitcoin mining hardware makers Canaan and MicroBT participated in the funding round.
- Luxor will use the funds to scale its cloud platform and hardware business.
Galaxy Digital reports third quarter profit and announces new buyback plan
Robinhood posts record revenue despite falling cryptocurrency trading
U.S. bitcoin exchange traded funds record weekly inflows
Major tech companies object to the proposed OKX-ICE tokenized stock venue
IBM, Oracle, Intel, and IonQ joined the opposition against the OKX-ICE tokenized stock platform. This brings the total number of objecting issuers to 26 under a United States Securities and Exchange Commission exemption.
Zcash cofounder proposes halting automatic grants funding stream
Zcash cofounder Sean Bowe proposed ending the automatic 8% funding stream for Zcash Community Grants. Bowe published a draft GitHub proposal to redirect the allocation to the Network Sustainability Mechanism.
USDC
−0.0%USDC overtakes USDT in euro stablecoin trading as MiCA reshapes market
USDC now handles 56% of euro‑paired stablecoin trading, up from 10% in January 2024. The change follows the EU's MiCA rules, which have prompted exchanges to limit USDT for European users.
Solana Firedancer team requires one SOL burn for bug reports
The team behind Solana's Firedancer software now requires researchers to burn 1 SOL per bug report submission. The rule aims to stop an influx of artificial intelligence generated spam.
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