In brief The Bitcoin mining profit/loss sustainability index hit a 14-month low, according to CryptoQuant. The metric measures the price of Bitcoin versus the profitability of running a Bitcoin mining operation. Shares of publicly traded […]
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Dakota, a stablecoin-focused neobank founded by veterans of Coinbase, Square, and Airbnb, has launched a platform that allows fintechs and enterprises to embed regulated, programmable global money movement via APIs. Cross-border money movement remains slow […]
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Self-driving truck startup Waabi’s billion-dollar fundraise isn’t just about trucks. The deal, for $750 million up front plus another $250 million from Uber tied to deployment milestones, marks a major expansion into robotaxis for the company founded by […]
Ether (ETH) could see another sharp drop after losing the support level at $2,800, with technical charts and onchain data suggesting the downtrend will continue. Key takeaways: Ether’s descending and symmetrical triangle setups converge at […]
What is proof-of-reserves? At its core, proof-of-reserves is a public demonstration that a custodian holds the assets it claims to hold on behalf of users, typically using cryptographic methods and onchain transparency. If every crypto […]
In brief A Kraken-affiliated SPAC completed its IPO this week and raised $345 million. The firm, KRAKacquisition Corp, is now trading on the Nasdaq as KRAQU. It intends to combine or merge with a firm […]
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Ethos Technologies, a San Francisco-based provider of software for selling life insurance, debuted on the Nasdaq on Thursday. As one of the year’s first major tech IPOs, the insurtech platform is being closely watched as […]
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