کرپٹو انڈسٹری کی خبریں اور مارکیٹ رجحانات

Former Bitcoin miner Firmus raises $2B as Blackstone, Nvidia back AI push

Firmus, a former Bitcoin mining company that has repositioned itself as an AI infrastructure provider, has secured $2 billion in new equity funding, lifting its post-money valuation above $10.5 billion as it expands AI factory projects across Australia and the Asia-Pacific region.　　According to Firmus, the strategic equity round received full investment commitments from existing backers Coatue and Nvidia, alongside new funding from funds managed by Blackstone Tactical Opportunities and other Blackstone vehicles, with additional participation from global trading and technology firm Jane Street.　　The latest raise nearly doubles Firmus‘ valuation from the $5.5 billion level recorded during its April funding round. It also brings the company’s total equity raised over the past year to more than $3 billion, providing additional capital for Project Southgate, its AI factory rollout across Australia.　　Firmus funding supports Project Southgate expansion　　Under the new financing, Firmus plans to accelerate the next stage of Project Southgate while preparing for development across selected Asia-Pacific markets. The company said part of the investment will support early work on its recently announced Indonesia project, which is intended to serve AI-native customers.　　Firmus added that it has already established Australian manufacturing for its proprietary HyperCube platform. It is building AI infrastructure based on Nvidias

08-07انڈسٹری

A part of FTX survived, and its the case for the CLARITY Act

So the protections stay what they are: at the federal level not law, but an interpretive notice sorting 16 tokens, a collateral pilot, a few no-action letters, a memorandum of understanding between two federal agencies, any of it revocable without a vote. The rest is left to the states, where investors get real protection in certain states, less elsewhere, and in some states none at all, none of it reaching a market that is national. The last great collapse already showed which protections hold and which give way.　　When FTX failed, its offshore exchange misused its customers‘ assets for years. But several entities under the FTX umbrella — including LedgerX, a CFTC-regulated exchange and clearinghouse — came through the collapse whole, their customers’ assets segregated and intact. LedgerX survived for one reason: its protections were law. Not a clever mechanism but a plain one, customer segregation a regulator required and checked, which held whether or not anyone chose to honor it once the panic set in. The unregulated part of FTX ran on promises. In one collapse, under one roof, law held and promises broke.　　FTX sat offshore for a reason. For years the United States met this industry with enforcement in

08-07انڈسٹری

OKX's Rafique doubts Clarity Act will pass, warns optimism is already priced into bitcoin

Conversely, failure to pass the legislation could trigger a sharper decline, with Rafique seeing bitcoin potentially falling toward the $55,000 level before attracting significant retail buying interest.　　“The market prices news ahead of time,” he said. “Most of the appreciation from Clarity is already reflected in current prices.”　　Intercontinental Exchange partnership expands　　Separately, Rafique outlined ambitious plans for OKXs joint venture with Intercontinental Exchange (ICE), describing it as a key step in the exchanges long-term U.S. strategy.　　The partnership is initially focused on distributing ICE market data and products to OKXs global user base of roughly 150 million customers. Rafique said the companies are working with ICEs futures teams to introduce additional products, including perpetual futures and other derivatives linked to traditional assets in markets such as Europe and the United Arab Emirates.　　Longer term, the venture aims to bring issuer-backed tokenized equities, spot products and futures contracts onchain.　　Rafique said issuer-backed tokenized stocks offer a more sustainable market structure than synthetic or wrapped equity models because investors retain the same governance and shareholder rights as holders of the underlying shares.　　He added that the joint venture could eventually expand into event contracts and prediction markets as the regulatory framework evolves.　　Read more: Bernstein sees another leg lower

08-07انڈسٹری

Fierce backlash to Ethereums EIP-8363 staking proposal

Ethereum researchers just wanted to reduce staking incentives. Instead, they sparked one of the biggest debates over the networks economics since the Merge.　　Ethereum Improvement Proposal EIP-8363, or “Tapered Issuance Burn,” would gradually reduce staking rewards as more and more Ether is locked up to secure the network — eventually cutting new protocol issuance to zero once 50% of ETHs supply is staked.　　Its authors, including Ethereum Foundations Justin Drake and Ethereum Community Conference (ETHCC) co-founder Jerome de Tychey, argue that Ethereum has reached the point where additional staking provides diminishing security returns, while diluting holders who choose not to stake.　　In other words: Ethereum should stop paying for security it no longer needs.　　Theres just one problem, a lot of people hate the idea.　　From DeFi builders to staking providers and institutional investors, critics argue it could weaken decentralization, disrupt Ethereum‘s lending markets and undermine confidence in the network’s monetary policy. As Ether.fi founder Mike Silagadze puts it:　　“This is so disappointing on every level. [...] This is bad for decentralization, this is bad for Ethereum adoption, and this is bad for the credibility of the network.”　　Dr. Steve Berryman, Bitwises head of client partnerships for Ethereum, tells Magazine:　　“Institutional adoption requires certainty and playing with the

08-07انڈسٹری

Binance Bitcoin volume ratio hits record as futures outweigh spot eight times over

Bitcoin (BTC) derivatives trading volumes are now nearly eight times higher than spot markets on Binance.　　Key points:Bitcoin daily spot trading volumes on Binance are diverging from futures more than ever.Spot demand has declined in recent months, while futures demand is still net positive, per data from CryptoQuant.Options traders are hedging for downside in September after months of rangebound BTC price action.　　Binance sees record split in Bitcoin spot vs. futures trading　　Data from onchain analytics platform CryptoQuant released on Friday reveals record readings for Bitcoin futures-to-spot trading volume ratios. The ratio now stands at 7.82, meaning that futures volume outweighs spot nearly eight times over.　　Daily futures volume on Binance hit $57.82 billion this week, while spot trailed at $6.08 billion.　　“Meanwhile, Bitcoin is trading near $64,000, while futures trading volume continues to grow at a faster pace than spot trading volume,” CryptoQuant contributing analyst Arab Chain commented on the data.　　“This trend reflects a shift in market activity, with more investors and traders preferring to use futures for leverage, risk management, and short-term trading strategies.”　　Bitcoin futures-to-spot trading volume ratio (screenshot). Source: CryptoQuant　　The record comes after months of retreating investor demand, with the exodus particularly noticeable in the retail trading sector. Previously, Cointelegraph reported that

08-07انڈسٹری

Bitcoin tops $65K as US payrolls fall by 23,000

Bitcoin climbed above $65,000 after the July U.S. jobs report showed an unexpected decline in payrolls, weakening the case for another Federal Reserve rate hike.　　US payrolls record third-largest decline since 2020　　The U.S. economy lost 23,000 jobs in July, according to data from the Bureau of Labor Statistics. Economists had expected employers to add between 80,000 and 85,000 positions.　　The contraction was the third-largest monthly payroll decline since 2020. It also marked a sharp reversal from June, when the economy added 57,000 jobs after a downward revision of 37,000.　　Revisions to the previous two months removed 103,000 jobs from the earlier estimates, suggesting that labor demand had weakened more than initial reports indicated.　　The unemployment rate edged down to 4.1%, compared with forecasts for 4.2%. Annual wage growth also slowed to 3.2%, providing another sign that pressure in the labor market may be easing.　　The mixed report leaves the Federal Reserve balancing two sides of its mandate. Weak hiring supports keeping borrowing costs unchanged, but inflation and energy-market risks could prevent policymakers from shifting toward easier policy.　　Bitcoin rises as Fed hike expectations decline　　Bitcoin traded near $65,200 after the report, gaining almost 2% on the day. The asset had faced selling pressure earlier in the week

08-07انڈسٹری

Russia arrests more than 20 after raids on unregistered crypto exchange services

Russia has detained over 20 workers in raids on nine crypto exchanges over alleged laundering scheme tied to scam proceeds.　　According to an official statement from Russia‘s Federal Security Service (FSB), authorities, working with the Interior Ministry, shut down nine unregistered cryptocurrency exchange services operating from Moscow’s business district after alleging they were used to convert money stolen through phone scams into cryptocurrency and send it to accounts controlled by Ukrainian coordinators.　　The operation took place at the Moscow International Business Center, commonly known as Moscow City, where more than 20 employees of the exchange services were detained. The FSB alleged the exchanges formed part of nine overseas-coordinated channels used to move funds out of Russia through crypto transactions.　　Authorities said the case centers on proceeds from remote fraud targeting Russian citizens. According to the FSB, victims remained in continuous contact with scam call centers, followed detailed instructions from fraudsters and did not realize the nature of the transactions they were carrying out.　　Crypto exchange workers and couriers face fraud charges　　Investigators allege the exchange services sold cryptocurrency to victims, including pensioners who were acting under the influence of scammers, before transferring the digital assets to accounts belonging to what the FSB described as Ukrainian

08-07انڈسٹری

Bitcoin tops $65,000 after 'massive surprise' US jobs miss

Quick TakeBitcoin regained its footing above $65,000 on Friday as U.S. employers unexpectedly cut 23,000 jobs in July against forecasts for an 80,000 gain and fears of a September rate hike subsided.The unemployment rate slipped to 4.1% from 4.2%, but the drop came from a falling labor force participation rate, not stronger hiring.　　Bitcoin rose above $65,000 on Friday after U.S. payrolls unexpectedly fell in July, a print that analysts say sent traders scrambling to price out a September Federal Reserve rate hike.　　The worlds foremost cryptocurrency traded up nearly 2% on the day, according to The Blocks price page, which tracked bitcoin (BTC) at around $65,200 on Aug. 7.　　Nonfarm payrolls dropped by 23,000 in July against forecasts for an 80,000 gain, while the Bureau of Labor Statistics revised Junes figure down to a 20,000 increase from 57,000.　　The unemployment rate slipped to 4.1% from 4.2%. “This is a massive surprise and could see the markets completely price out a hike in September,” said Kyle Rodda, senior financial market analyst at Capital.com. The dollar fell, and precious metals rose, he said, with futures moving as though weak data was good news for risk assets given the policy implications.　　Rodda flagged the decline in the

08-07انڈسٹری

U.S. unexpectedly shed 23,000 jobs in July, putting Fed rate hikes in question

SummaryThe U.S. lost 23,000 jobs in July, while Junes originally reported 57,000 job gain was revised down to just 20,000.Forecasts had been for 80,000 jobs to have been added in July.Crypto markets are showing little reaction even as stock and bond markets gain on the news.　　The U.S. labor market showed weakness for the second consecutive month in July, possibly giving the Federal Reserve room to hold rates in place despite high inflation.　　According to the government‘s Nonfarm Payrolls Report released Friday morning, the U.S. lost 23,000 jobs last month. That was far below the consensus expectation of a gain of 80,000 jobs, and down from June’s addition of 20,000 (revised down from an originally reported 57,000).　　Mays job gains were also revised sizably lower — down to 63,000 from an originally reported 129,000.　　The last negative jobs print was in February, when the U.S. lost 156,000 jobs.　　The unemployment rate dipped to 4.1%, compared with the expected 4.2% and Junes 4.2%.　　Market reaction is swift, with U.S. stock index futures gaining and interest rates dipping. Also moving higher are precious metals, with gold now up 3% for the day and silver up just shy of 6%. Theres little action in crypto, with bitcoin remaining modestly

08-07انڈسٹری

Why Bitcoin's BIP-110 refuses to die despite near-zero miner support

SummaryPublic miner support signalling for BIP-110 remains far below the level most observers associate with a successful Bitcoin upgrade ahead of the likely activation point on Aug. 9.Supporters say that misses the point: BIP-110 is a user-activated soft fork, not a miner vote.The episode reveals that Bitcoins governance is ultimately driven by economic coordination, not outright consensus.　　Bitcoin is approaching a rare test this weekend, with a small group of nodes is preparing to reject blocks produced by almost all of the networks miners.　　The Bitcoin Improvement Proposal (BIP)-110, a controversial proposal to temporarily restrict how much non-payment data can be stored on the Bitcoin blockchain, approaches its long-planned mandatory signalling period, expected to be sometime on Aug. 9. The actual activation, if it takes place, would follow at block 965,664, estimated around four weeks later.　　Its ordinary 55% approval threshold is already out of reach.　　Nodes are computers running Bitcoin software that independently check transactions and blocks against the networks rules, rejecting anything they consider invalid. Miners create new blocks, while nodes decide whether to accept them.　　On paper, BIP-110 looks finished, with public signaling from mining pools negligible at under 3% and only two days to go until the Bitcoin network reaches the

08-07انڈسٹری

...

9799

...

1000