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Asia Morning Briefing: The First AI vs BTC Environmental Impact Numbers are Here. And it Might Start a New Debate
Bitcoin’s environmental footprint dwarfs that of large language models across every metric, from CO₂ emissions to water use to mineral depletion. But comparisons need context.
Dan Tapiero Projects Crypto Economy Hitting $50T, Launches $500M Fund Under New Firm
Tapiero, who previously projected a $10 trillion crypto market, adjusted his forecast after seeing the success of Circle's IPO and Deribit's acquisition by Coinbase.
SEC Approves, Immediately Pauses Bitwise's Bid to Convert BITW Crypto Index Fund to ETF
The SEC has released multiple crypto ETF updates this week, signaling shifting regulatory priorities.
FBI Drops Criminal Probe Into Kraken Founder Jesse Powell
Jesse Powell is no longer under investigation for alleged hacking tied to a nonprofit he co-founded.
A16z Crypto Leads $15M Seed Round Into Decentralized AI Data Layer Poseidon
Poseidon was incubated by IP-based protocol Story, whose aim is to convert IP into programmable assets that can be licensed and managed using smart contracts
EDX Unveils International Crypto Trading Platform With Perpetual Futures
EDX International, the Singapore-based global hub of the firm, is offering trading in 44 cryptocurrency pairs, including Bitcoin, ETH, Sol, and XRP.
Bitcoin ETFs' 12-Day Inflow Streak Comes to an End as Price Stalls
The spot bitcoin funds on Monday saw outflows of $131 million as speculative interest turned in a big way to altcoins.
Kraken to Support Biotech Firm Windtree’s $200M BNB Treasury Play
Crypto exchange Kraken will custody and manage BNB assets for Windtree Therapeutics' crypto treasury plan tied to Binance Chain.
PNC Bank to Offer Crypto Access Through Coinbase Amid Growing Institutional Demand
The partnership aims to bring crypto trading to PNC clients and banking support to Coinbase, the companies said.
Bitcoin Miner Bitfarms Jumps 8% on Share Buyback Program
The company CEO called the stock undervalued, with an "underappreciated" bitcoin business and little to no value being applied to the firm's high-performance computing potential.
