Cryptelio
Cryptelio

Mining 1 hour ago Cryptelio Editorial

TeraWulf Reports 83% Revenue from AI Leasing Amid Bitcoin Mining Decline

TeraWulf's latest earnings reveal a significant shift, with 83% of its revenue now coming from AI leasing as Bitcoin mining revenue decreases.

Read story

Latest

Companies · 2 months ago Uber Sells Stake in Serve Robotics as Delivery Partnership Ends Uber has divested its stake in Serve Robotics, marking the end of their partnership focused on autonomous deliveries. The split is attributed to operational disagreements and declining delivery volumes. Derivatives · 2 months ago AI Hyperscalers Drive Earnings Volatility and Market Risk in S&P 500 Recent earnings reports from major AI hyperscalers have led to significant volatility in stock options, raising concerns about market concentration and risk in the S&P 500. Compliance · 2 months ago US Military Disables Tanker in Strait of Hormuz Amid Rising Tensions with Iran The U.S. military has disabled a Panama-flagged tanker in the Strait of Hormuz, marking a significant escalation in tensions with Iran over maritime control in the region. Companies · 2 months ago Ondo Finance Faces Leadership Crisis Following Founder’s Death The unexpected death of Ondo Finance founder Nathan Allman has led to a contentious leadership dispute, highlighting the complexities of succession planning in the crypto industry. Spot & ETFs · 2 months ago Strategy CEO Phong Le Declares Company as Bitcoin's Central Bank Phong Le, CEO of Strategy, claims the company acts as Bitcoin's central bank, holding over 840,000 BTC. Companies · 2 months ago Flowdesk Receives Full VARA License for Crypto Broker Services in Dubai Flowdesk has secured a full license from Dubai’s VARA, enabling it to offer regulated broker-dealer services to institutional investors in the region. Policy · 2 months ago Senate Democrats Reject CLARITY Act Over Ethics Concerns in Crypto Regulation Seven Senate Democrats have opposed the revised CLARITY Act, citing insufficient ethics provisions to prevent conflicts of interest for public officials involved in the crypto market. Spot & ETFs · 2 months ago Bitcoin Self-Custody Holdings Surpass ETFs and Treasuries by Nearly Threefold River Financial's report reveals that self-custodied Bitcoin holdings exceed $800 billion, dwarfing the combined total of Bitcoin ETFs and corporate treasuries. Stablecoins · 2 months ago BitGo Highlights Stablecoin Adoption at Bolivia Crypto Experience Summit At the Bolivia Crypto Experience Summit, BitGo's Alvaro Olivares discussed the significant role of stablecoins in local commerce, including the first vehicle purchase using USDT. Hacks & Exploits · 2 months ago Coreum Bridge Hack Drains Nearly 200,000 XRP, Price Falls Below $1 A hack on the Coreum cross-chain bridge resulted in the loss of approximately 200,000 XRP, causing the token's price to drop below $1 for the first time since 2024. Markets · 2 months ago Gemini Launches Custom Combos RFQ API for Prediction Markets Beta Testing Gemini has introduced a new trading tool called Custom Combos, currently in beta testing, aimed at enhancing prediction markets with Wall Street-style execution mechanics. Funding · 2 months ago Trump Family Crypto Venture Receives $100 Million from Money Laundering Suspect Guren 'Bobby' Zhou, previously investigated for money laundering, invested $100 million in the Trump family's crypto project, World Liberty Financial.