IREN secures $3B as Microsoft and Nvidia AI deals reshape growth

Analysts point to profit-taking, not panic, with ETF outflows at their worst pace since February as 10-year Treasury yield soars.

Dune’s CEO announced Thursday that the crypto data company is cutting a quarter of its staff as part of a broader push to build out data tools for institutional investors — a segment the company sees as a major growth opportunity as more traditional financial assets move onto blockchain networks. Related Reading: Bitcoin Slump Forces […]

XRP became the most traded asset on South Korea’s Upbit exchange in the last seven days, pulling in $110 million in 24-hour volume and outpacing both top cryptos Bitcoin and Ethereum. The surge came alongside the biggest inflows into US XRP exchange-traded funds in four months, even as Bitcoin and Ethereum funds saw money flowing out. Related Reading: XRP Bulls Gain Momentum As ETF Inflows Reach Multi-Month High CME And NASDAQ Signal Growing Institutional Interest CME Group and NASDAQ announced they will launch crypto index futures on June 8, covering Bitcoin, Ethereum, Solana, XRP, Cardano, Chainlink, and Stellar Lumens in a single contract. The move points to growing institutional infrastructure being built around regulated digital assets. XRP itself climbed 4% in 24 hours to almost $1.5, while Bitcoin traded at $81,450 and Ethereum sat at $2,287. The price action followed Thursday’s markup vote on the CLARITY Act, a proposed federal law that is driving fresh optimism across payment-

Musk accuses OpenAI of hijacking his $38M “safe, open AI” nonprofit into a closed AGI cash machine for Altman and Microsoft; a jury now weighs trust, timing and power. In his closing for Musk, attorney Steven Molo told the nine‑person…

The post Thorchain Exploited? Trading Paused Amid Risk of Enormous Attack appeared on BitcoinEthereumNews.com. DeFi security is in trouble Guidelines for users Cross-chain DeFi protocol THORChain has suspended trading, following what appears to be a significant multi-chain exploit that may have depleted over $10 million in cryptocurrency assets. Suspicious withdrawals involving Bitcoin, Ethereum, BNB Chain, and Base-linked assets have been reported by security researchers and on-chain investigators such as PeckShield.  Early tracking data indicates that the attackers allegedly took about 36.75 BTC, or about $3 million, along with an additional $7 million in assets that were bridged across several chains. Both Bitcoin and Ethereum-compatible networks’ publicly known wallet addresses were linked to the stolen funds. Following the incident, THORChain stopped trading, probably to avoid further liquidity drains or cascading exploits across linked pools. Because THORChain serves as essential

The UK’s competition regulator has launched a broad antitrust investigation into Microsoft’s business software ecosystem, opening a new front in growing regulatory scrutiny of how cloud platforms, productivity software, and embedded AI capabilities may affect competition in enterprise technology markets. UK’s Competition and Markets Authority (CMA) said in a statement that it had opened a Strategic Market Status (SMS) investigation into Microsoft’s business software operations under the country’s new digital markets regime. The regulator said it will assess whether Microsoft has “substantial and entrenched market power” and a “position of strategic significance” in business software markets. “The investigation will assess whether Microsoft is using its position in business software to limit competition in cloud services, cybersecurity, communications, and AI,” the regulator said in a statement. The case is the fourth strategic market status (SMS) investigation the regulator has opened

Over the past 25 years, Bengaluru, still popularly known as Bangalore, has transformed into India's Silicon Valley. The South Indian city of nearly 15 million people is now home to global tech giants including Apple, Microsoft, Intel, Adobe and Boeing, as well as thousands of startups. But this rapid development comes with environmental consequences. Our correspondents report.

The post Massive Fundraising Drives AI and Cryptocurrency Integration appeared on BitcoinEthereumNews.com. IREN has successfully concluded the issuance of convertible senior bonds, amassing close to $3 billion. This substantial capital gain is a first in its magnitude for a Bitcoin miner venturing into artificial intelligence infrastructure, emphasizing the swiftly blending frontiers of these industries. Continue Reading:Massive Fundraising Drives AI and Cryptocurrency Integration Source: https://en.bitcoinhaber.net/massive-fundraising-drives-ai-and-cryptocurrency-integration