The investment marks Empery’s latest push into AI infrastructure as the company shifts capital away from its Bitcoin treasury strategy. Empery Digital said it invested $20 million in Cardinal Data Power, acquiring an approximately 8% stake in the private developer of powered data center campuses. The investment was part of Cardinal Data Power’s approximately $70...Continue Reading

Ether trades below its realized price while onchain indicators point to easing selling pressure and recovering demand, though a definitive cycle bottom has yet to emerge. Ether is becoming increasingly attractive from a valuation standpoint, particularly relative to Bitcoin, but onchain data suggests the market has yet to reach a definitive cycle bottom, according to...Continue Reading

Both parties say they want US crypto market structure legislation, but a dispute over ethics rules and who enforces them is becoming the bill’s biggest obstacle. The long-awaited US Digital Asset Market Clarity Act (CLARITY) has hit another snag. This time, it’s not software developers or the turf war between federal regulators at stake, but...Continue Reading

Goldman chief David Solomon will support the crypto market structure bill now in Congress, even as financial companies and banks are hesitant over provisions on stablecoins. David Solomon, chair and CEO of financial giant Goldman Sachs, has given his support for a “not perfect” cryptocurrency market structure bill under consideration in the US Senate even...Continue Reading

Are the fears of an AI driven hacking epidemic totally overblown, or is this just the lull before the storm? A wave of high profile crypto hacks in April that many suspected had been orchestrated using sophisticated AI tools to identify smart contract exploits, led to fears that every DeFi protocol was suddenly at risk....Continue Reading

A consortium led by Strategy and BlackRock has pledged $15 million to secure the Bitcoin network from the threat of a quantum computing breakthrough. Michael Saylor’s Strategy announced the launch of the Bitcoin Security Consortium, a group of financial institutions and Bitcoin companies supporting the long-term quantum security of the Bitcoin network. The consortium pledged...Continue Reading

The partnership expands Binance’s compliance efforts by providing intelligence and training to help detect cryptocurrency activity tied to human trafficking and child exploitation. Binance has partnered with nonprofit STOP THE TRAFFIK to bolster its ability to identify and investigate cryptocurrency activity linked to human trafficking and child exploitation. The crypto exchange said Thursday that it...Continue Reading

BitMEX’s BMEX token plunged about 90% after the exchange announced plans to shut down, ending nearly 12 years in business as its Bitcoin futures market share shrank. BitMEX’s utility token lost almost all of its value after the exchange announced Thursday it would wind down operations. The BitMEX (BMEX) token plunged 90% to as low...Continue Reading

Crypto exchange Bitget said it was registered as a financial service provider with New Zealand’s financial regulator, enabling it to expand its services in the country. Cryptocurrency exchange Bitget said it is now registered as a financial services provider on New Zealand’s Financial Services Providers Register (FSPR). The registration enables the platform to offer services...Continue Reading

Bernstein analysts remain bullish on the Bitcoin mining sector, as deals with third-party providers will be necessary to address the computing power limits of AI data centers. Bernstein said that it remains overweight on the Bitcoin mining sector, citing the growing partnerships between Bitcoin mining companies that are necessary to address the power constraints of...Continue Reading