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Crusoe to sell Bitcoin mining business to NYDIG to focus on AI


Crusoe Energy, a company that captures waste gas from oil to power high-performance compute, is selling its Bitcoin mining business to New York Digital Investment Group (NYDIG) to focus on artificial intelligence. In a March 25 announcement, Crusoe said it plans to sell its Bitcoin (BTC)...

Bakkt names new co-CEO amid re-focus on crypto offerings


Crypto custody and trading firm Bakkt Holdings has appointed a new co-CEO and is cutting some of its services to focus on its crypto offerings after recently losing two major clients.Akshay Naheta, the founder of stablecoin payments infrastructure firm Distributed Technologies Research (DTR), will...

Not every AI agent needs its own cryptocurrency: CZ


Artificial intelligence agents need to prioritize their intrinsic utility, not the launch of their in-house native tokens to raise funds.AI agent-related tokens have significantly declined over the past month, as their cumulative market capitalization decreased by over 21% to the current...

Tether Strengthens Regulatory Focus With New CFO


Tether has appointed Simon McWilliams as its new Chief Financial Officer (CFO) to lead its efforts toward a full financial audit, reinforcing its commitment to transparency. The move comes as Tether expands its institutional reach. Tether Appoints New CFO to Drive Full Audit, Reinforcing...

A Smarter Way to Crypto Diversification?


Institutional investors are increasingly allocating to crypto, but the key question is whether to focus solely on bitcoin or diversify across multiple cryptocurrencies to optimize risk-adjusted returns and portfolio resilience

Iran Backs Unified BRICS Currency—With a Focus on National Interests


Iran supports a unified BRICS currency if all members agree, signaling a shift toward economic cooperation as the bloc explores alternatives to reliance on the U.S. dollar. Iran Supports Unified BRICS Currency Amid Global Tensions Iran has expressed willingness to support the creation of a unified...

DCG Spins Off Fortitude Mining to Focus on Digital Asset Ventures


Digital Currency Group (DCG) has launched Fortitude Mining, a subsidiary focused on mining bitcoin and emerging digital assets, on Jan. 29, 2025, appointing former Foundry executive Andrea Childs as CEO. Fortitude Mining, New DCG Subsidiary, Targets Bitcoin and Emerging Crypto Assets According...

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