Bitcoin Bancorp acquired 2,547 cryptocurrency ATMs from the bankrupt Bitcoin Depot for about $620,750, a fraction of their $26 million book value. Bitcoin Depot filed for Chapter 11 bankruptcy after a 49% revenue drop and regulatory pressures that made its business unsustainable. Bitcoin Bancorp also purchased related intellectual property and domain rights for $110,500, gaining a ready-made physical network to boost growth. Despite rising fraud and regulatory challenges, this deal shows ongoing interest in the crypto ATM sector from smaller players.
TORM plc increased its share capital by issuing 31,483 new Class A shares following the exercise of Restricted Share Units (RSUs). These shares were subscribed for in cash at DKK 179.80 each, raising the company's share capital to USD 1,024,212.67 di...
Berkshire Hathaway, under new leadership by Greg Abel, is adjusting its portfolio with $19.8 billion in net equity purchases and $4.5 billion in share buybacks during Q2. The company is increasing exposure to Alphabet and homebuilders while maintaini...
Circle announced it will stop new USDC minting on the Noble blockchain by October 13, 2026, and fully pause Noble's USDC contract and Cross-Chain Transfer Protocol V1 (CCTP V1) routes by January 12, 2027. Users must move their USDC off Noble before t...
U.S. diesel prices reached a record $6 per gallon due to supply disruptions caused by the wars in Ukraine and Iran, pushing transportation and fuel costs higher. This rise impacts the entire economy as diesel powers trucks, trains, and farming machin...
Blockstream has declined to pay a ransom for about 598.5 BTC still held by hackers following a Liquid Network exploit that initially saw nearly 4,000 BTC stolen. After the hackers returned 3,400 BTC, Blockstream rejected their claim of white-hat acti...
