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TeraWulf doubles AI revenue but posts $427M quarterly loss as mining income declines

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2 months ago

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TeraWulf’s HPC lease revenue jumped 117% quarter-on-quarter to $21 million, but a $427 million net loss highlights the costs of transitioning from Bitcoin mining to AI infrastructure.

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Coin Market

Ethereum’s much-hated staking ‘tax’ may already be obsolete

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3 hours ago

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June 23, 2026

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Ethereum’s latest “funding crisis” has triggered a fierce debate: a contentious plan to tax staking rewards versus a new wave of labs and large ETH holders funding development offchain.

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Starmer steps down: What Andy Burnham means for crypto in the UK

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4 hours ago

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June 23, 2026

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Burnham brings a dose of optimism to the UK crypto industry, having previously supported the blockchain industry as mayor of Manchester.

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Coin Market

$170M Ether longs liquidated as crypto market tumbles: Is ETH doomed?

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4 hours ago

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June 23, 2026

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ETH price hangs in the balance as a fresh wave of liquidations pressure the altcoin and spillover from Bitcoin’s struggles to hold $62,000 impact investor sentiment.

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