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BitMine posts $2.8B quarterly profit driven by Ethereum gains, but yearly net loss surpasses $6B
BitMine’s filings reveal $2.8 billion in quarterly profit from unrealized Ethereum gains, alongside $17.5 million in operating cash outflows.
[Full Text] Han Seo-hee: "Even if trade payments are sent via stablecoins, they may not be received domestically"
Concerns have been raised that ahead of the introduction of the won stablecoin, not only issuance regulations but also the distribution infrastructure necessary for actual payments and overseas remittances must be established. It was explained that under the current system, even if foreign companies...
How Should Institutions Manage Exchange Exposure After a Series of Thefts?
Altman Meets with Samsung Executives: Acknowledges AI Short-Term Bubble and Overestimation of Computing Demand
During a closed-door meeting with Samsung executives, Sam Altman warned of the short-term bubble risk in AI computing power due to "redundant calculations" in demand, emphasizing that "only OpenAI and Anthropic can truly drive large-scale demand growth." In response to profitability concerns, Altman...
From London to Ras Al Khaimah: A Crypto Founder's Reason for Leaving
Novig loses court shield, and New York gambling laws strike back
Novig appealed after a federal judge denied protection from New York gambling laws for sports contracts on its CFTC-designated exchange.
Inflation Pressure Persists as Waller Faces Democratic Congress
Layer33 Calls for Suspension of Weekly Withdrawals from SFDP, Delegation to Drop to Approximately 55,000 SOL
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