Aoyon Ashraf

Aoyon Ashraf is CoinDesk's Global Head of News and is responsible for all of the editorial content and strategies. He spent almost a decade at Bloomberg covering equities, commodities and tech. Prior to that, he spent several years on the sellside, financing small-cap companies. Aoyon graduated from the University of Toronto with a degree in mining engineering. He holds ETH, BTC, and SOL that are above CoinDesk's disclosure threshold of $1,000. He also holds LINK, ATOM and some other altcoins that are below CoinDesk's disclosure threshold of $1,000.

Aoyon Ashraf

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Pananalapi

Core Scientific Rejects CoreWeave's Over $1B Buyout Offer

The board of Core Scientific rejected CoreWeave's offer to buy the miner for $5.75 per share.

Core Scientific's Marble facility in North Carolina. (Core Scientific)

Merkado

Bitcoin Miners With Attractive Power Contracts Are Potential M&A Targets, JPMorgan Says

U.S. listed bitcoin miners have access to large amounts of power, making them potential takeover targets for hyperscalers and AI firms, the report said.

A Bitmain Antminer s9 board in a bitcoin mine in Norway. (Eliza Gkritsi/CoinDesk)

Merkado

Riot Platforms Falls After the Bitcoin Miner Is Targeted by Short-Seller Kerrisdale

The firm has previously targeted MicroStrategy.

A close-up of one of Riot's mining rigs. (Riot Blockchain)

Merkado

Ether Price Poised for Supply 'Shock' as ETFs May Attract $4B Inflows in Five Months, K33 Research Says

ETH will start outperforming bitcoin following the ETF launch after almost two and a half years of underperformance, the report said.

Digitally rendered Ethereum logo (Unsplash)

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Pananalapi

Bitcoin Miner Core Scientific Surges After AI Deal, Report of Over $1B Buyout Offer From CoreWeave

Cloud computing provider CoreWeave made an offer to buy the bitcoin miner for $5.75 per share, according to Bloomberg.

Core Scientific's Marble facility in North Carolina. (Core Scientific)

Tech

Bitcoin Layer 2 Ark Protocol's Team Forms New Firm as Lightning Network Competitor

Layer-2 protocol Ark is built to allow off-chain payments in a way that avoids what creator Burak Kecli referred to as "inbound liquidity" problem of Lightning.

Ark (Greg Reese/Pixabay)

Pananalapi

Alan Howard-Backed Elwood Technologies in Talks to Sell Part of the Business: Sources

Elwood is focusing on its existing portfolio management and risk management services and less on the trading side, one source said.

(Markus Spiske/Unsplash)

Pananalapi

Bitcoin Miner Marathon Digital Signs Deal With Kenya to Invest in Green Energy Projects

The company will help monetize stranded energy in the African country and help manage its renewable energy production.

MARA Holdings CEO Fred Thiel (CoinDesk)

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Pananalapi

Ether ETF Listing Approval Sees Billions Poured Into Restaking Protocol Ether.Fi

The protocol now has $5.4 billion in total value locked (TVL).

Ether.Fi CEO Mike Silagadze (CoinDesk, modified using PhotoMosh)

Merkado

Wild Bitcoin, Ether Price Swings Amid Spot ETH ETF Decision Trigger $350M Liquidations

U.S. regulators approved listing spot ETH ETFs but have not yet cleared to trade.

Ether (ETH) price on May 23 (CoinDesk)