Foundry let go of 16% of US staff as part of a broader restructuring that includes spinning off its self-mining business. Foundry, the world’s largest Bitcoin (BTC) mining pool, has laid off 27% of its staff amid a planned restructuring, a person familiar with the matter told Cointelegraph on Dec. 3. The layoffs include 16%...Continue Reading

Grayscale joins 21Shares, Canary Capital, VanEck and Bitwise as the other ETF issuers looking to win the SEC’s approval. Digital asset manager Grayscale Investments has filed to list a spot Solana (SOL) exchange-traded fund (ETF) with the United States securities regulator. If approved, the Grayscale Solana Trust, under the ticker GSOL, would trade on the...Continue Reading

US authorities charged the former Celsius CEO with seven felony counts related to fraud and misleading users after reaching a “non-prosecution agreement” with the company in 2023. Former Celsius CEO Alex Mashinsky has reached a plea agreement with United States prosecutors after his lawyers lost a bid to have charges in his criminal indictment dismissed....Continue Reading

The new offering builds on previous seasonal passes offering a full year’s worth of voyages for a single fee. Virgin Voyages announced the launch of its new “Annual Pass” program starting in 2025, alongside news that it would become the “first cruise product to accept cryptocurrency.” According to a recent blog post, the company will...Continue Reading

The Bitcoin miner will save energy and money by using excess wind power and recycled ASICs at its newly purchased facility in Texas. MARA, the Nasdaq-listed cryptocurrency miner formerly known as Marathon Digital, has acquired a wind farm in Hansford County, Texas. The facility will see the first implementation of the company’s Advanced ASIC Retirement...Continue Reading

At the time of publication, the incoming administration had not made any official announcement regarding its pick for SEC chair. News outlets have offered different reports as to whether Paul Atkins, a former member of the United States Securities and Exchange Commission (SEC) under President George W. Bush, could be Donald Trump’s pick to lead...Continue Reading

Cardano’s record high open interest metric raises concerns about a sharp sell-off, but strong market demand suggests the ADA rally could continue. Cardano (ADA) surged by 88.8% between Nov. 18 and Dec. 3, reaching its highest price in nearly three years at $1.33. This rally mirrored broader gains in the altcoin market, which reached a...Continue Reading

The US Treasury, under a Trump administration, may bring reform to how courts handle crypto mixer-related incidents, following OFAC’s overreach in the Tornado Cash sentencing. Many in the crypto industry are still reeling from an appellate court decision that the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) overstepped in sanctioning...Continue Reading

Though Todd denies it, an HBO documentary recently claimed he was the real Satoshi Nakamoto and inventor of Bitcoin. Canadian computer scientist Peter Todd, a Bitcoin Core developer, recently penned a blog post describing the feasibility of building Bitcoin mining facilities in the vacuum of space.  According to Todd, it’s not only possible to mine...Continue Reading

Fan tokens change the game for sports engagement and outperform NFTs. Opinion by: Alexandre Dreyfus, CEO of Chiliz Blockchain has reshaped every sector that has worked to implement the technology, from financial services to entertainment. This revolution is evident in how sports fans can now engage with their favorite teams, offering dynamic and direct interaction...Continue Reading