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Coin Cloud crypto ATM operator files for bankruptcy, owes over $100M to Genesis

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The company was in “hyper-growth” in January 2022, now it has over 5,000 creditors and debts over $100 million; bankrupt Genesis is its largest creditor.

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Coin Market

Trump crypto company’s USD1 stablecoins backing UFC event bonuses

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A spokesperson for the Democratic National Committee decried the move as “an opportunity to use the power of the presidency to make [Trump] and his family even richer.”

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Coin Market

Nvidia’s $20 billion debt boom reinforces Bitcoin miners’ AI pivot

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Nvidia’s planned bond sale reinforces booming AI infrastructure demand, strengthening the case for Bitcoin miners pivoting toward AI data centers.

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Coin Market

CFTC hires SEC crypto task force adviser with blockchain forensics chops

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The CFTC staff appointment came amid the US Congress seeking to overhaul federal financial regulators’ roles over digital assets with the CLARITY Act.

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