Category: Altcoins
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The brutal $346M math behind Galaxy’s high-stakes race to build CoreWeave’s Texas AI mega-center
Galaxy Digital’s $3.507 billion financing for its CoreWeave data-center build in Texas comes with a steep price: about $346.3 million in annual interest. A Galaxy project subsidiary priced the 9.875% senior secured notes on July 23. The deal is slated to close July 28, and the notes mature on Aug. 1, 2031. The financing is…
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Ripple Launches Mint for Institutional RLUSD Access
Ripple, a blockchain-focused fintech company, has launched Ripple Mint, a platform that gives institutions new ways to access, mint, redeem and manage its US dollar-pegged stablecoin, Ripple USD (RLUSD). The company announced Ripple Mint on Thursday, describing it as a unified platform that lets institutions manage RLUSD through a web interface or direct application programming…
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Render Completes 98% Of Solana Migration As RENDER Replaces RNDR
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Render Completes 98% Of Solana Migration As RENDER Replaces RNDR Render Foundation says 98.4% of token supply has now migrated from Ethereum-based RNDR to native RENDER on Solana, bringing one of the network’s most important infrastructure transitions close to completion. The migration…
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380 investors face Bitcoin mining losses after alleged $22M US scheme put just 13% into mining
A US-based crypto mining venture raised about $22 million from more than 380 investors, then spent just 13 cents of every dollar on its purported mining operation, the SEC alleges. The regulator filed partially settled charges on July 20 against Zan Shaikh and Bright Vision Distribution LLC, doing business as Mining Automatic. According to the…
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White House Touts ‘Trump Coin’ as TRUMP Memecoin Holders Sit on $3.81 Billion in Losses
Key Takeaways The White House posted a nine-second Trump Coin video, touting a $1 coin for America’s 250th birthday. Nearly 989,000 of 1.48 million TRUMP token wallets are underwater, with combined losses of $3.81 billion. The U.S. Mint plans a fall release in Philadelphia; the TRUMP token briefly dipped on the name confusion. Promotion on…
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Solana Reclaims $77 Support As DEX Activity Keeps Bulls Interested
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Solana Reclaims $77 Support As DEX Activity Keeps Bulls Interested is the kind of story that can look simple at first glance, but it carries more weight once you place it inside the week’s broader crypto backdrop. The point is not to…
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How prices from the future fooled a crypto oracle into paying out up to $24 million
Ostium, an on-chain perpetuals trading platform, said a five-minute security incident caused losses from its public liquidity vault. Security firms estimated the exploit at up to $24 million. Co-founder Kaledora Kiernan-Linn confirmed that the issue ran from 14:18 to 14:23 UTC on July 15 and affected the public Ostium Liquidity Provider (OLP) vault. She said…
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Anchorage Expands TRON Support with Institutional TRX Staking
Digital asset custodian Anchorage Digital has added native TRX staking for institutional clients, expanding its support for the Tron blockchain as demand for regulated access to staking services grows. The launch expands Anchorage’s support for Tron after introducing institutional custody for TRX, the network’s native token, earlier this year. Clients can now stake TRX directly…
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SEC Small Business Meeting Adds Another Regulatory Date For Crypto Firms To Watch
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure SEC Small Business Meeting Adds Another Regulatory Date For Crypto Firms To Watch is the kind of crypto story that looks simple at headline level but becomes more useful once you place it inside the wider market backdrop. This is not a…
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Trump’s crypto disclosure exposes an institutional problem that markets price in real time
Donald Trump’s latest financial disclosure showed how closely digital-asset policy, personal financial interests, branded tokens, and presidential power now sit together. His highly scrutinized recent filing points to a governance problem that extends well beyond any one politician, because crypto can convert access, symbolism, and regulatory attitudes into value faster than older business interests ever…
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