Tom Lee's Bitmine Boosts Ether Holdings and Stock Buyback Pledge
Chairman Tom Lee said ether's outperformance versus the Nasdaq in July signals strengthening crypto fundamentals.
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Chairman Tom Lee said ether's outperformance versus the Nasdaq in July signals strengthening crypto fundamentals.
Both funds intend to qualify as eligible reserve assets for permitted U.S. payment stablecoin issuers under the GENIUS Act.
The broker said failure to pass the Clarity Act this year would likely send crypto lower, but expects U.S. regulators to accelerate rulemaking.
The bank said tokenized money market funds, Open USD and slower USDC growth could weigh on the stablecoin issuer's earnings.
American Bitcoin expanded its reserve to 8,002 BTC after a record 932 BTC mined in Q2, with revenue rising 8% to $67 million.
Accountability without any real authority is driving CISO burnout, and organizations need to take notice.
Coordinated action sent the yen sharply higher, but bitcoin’s recent correlation suggests U.S. dollar strength, rather than the carry trade, may be the bigger risk.
Bitmine expanded its ether treasury to 5.8 million ETH tokens as Tom Lee highlighted July's outperformance against the Nasdaq 100.
The executive is leaving the Eric Trump-backed miner to join an AI power infrastructure firm, highlighting the shift toward energy and data center buildout.
Persistent Systems anticipates securing two additional significant deals soon. The company recently won a $650 million contract and is preparing for growth. Financing for the Ngarro SE acquisition is being negotiated with banks. This acquisition will diversify revenue streams and expand market reach
The CIC directed the department to provide details of any investigation, disclose complaint figures and transfer parts of the RTI application to other ministries.
AI startup Sarvam will raise $75 million as part of a larger funding round. This and more in today’s ETtech Top 5.
Amazon achieved a three trillion dollar market capitalisation for the first time. This milestone places the company among Wall Street's top giants. Renewed artificial intelligence optimism significantly boosted technology stocks to new highs. Amazon's shares saw a notable increase, reaching a record
China is organising summer camps for young Taiwanese students with low fees. A human rights advocate warns these camps could use AI deepfake technology. Fabricated videos might pressure participants into cooperating with Beijing's activities. Organisers collect participant contact details for propag
Russia has officially launched a legal case against Apple. The tech giant is facing accusations related to the pre-installation of domestic apps on its devices sold within the country. This move by Russian authorities signals a potential conflict over app distribution and market access for local sof
By 2030, India's data centre industry is set to create approximately 430,000 jobs, leading to a surge in housing demand in major cities. With over 250 data centres planned, the need for robust infrastructure will grow significantly. These facilities are not just technological hubs; they will be pivo
The United States has officially wrapped up its voluntary safety testing for artificial intelligence, according to a government official. This move signals a significant step in the nation's approach to managing the rapidly evolving AI landscape and ensuring its responsible development and deploymen
Horizon3 secured $250 million in funding, significantly increasing its valuation. This investment comes as AI enhances cyber threats and exploits vulnerabilities. The company's NodeZero platform tests production environments for attack paths. Proceeds will fund expansion into new markets and product
Visa is acquiring fraud intelligence provider BioCatch for $2.4 billion. This acquisition aims to significantly bolster Visa's cybersecurity and fraud prevention capabilities. BioCatch analyses user signals to detect fraudulent activities in real time. The deal is expected to finalize by Visa's fisc
The White House is reportedly gathering top AI companies for an urgent review of the nation's AI framework. This significant meeting, as detailed by The Information, signals a proactive approach to shaping the future of artificial intelligence and its integration into society.