BitFuFu Inc. announced its unaudited Q1 2026 results with total revenue of $72.7 million, down 6.8% from the previous year, mainly due to lower self-mining and equipment sales. The company reported a net loss of $35.0 million, doubling the loss from Q1 2025, impacted by a $35.6 million non-cash fair value loss from Bitcoin price drops. Despite challenges, BitFuFu increased its hashrate by 25.7% to 25.9 EH/s and maintained $141.5 million in cash and digital assets, including 1,794 BTC. The company is focusing on cost discipline, fleet efficiency, and upgrading to more energy-efficient mining equipment to navigate market volatility and position for future growth.
Veea Inc. has announced the commercial release of VeeaONE, a full-stack AI infrastructure platform that integrates edge-to-cloud hardware and software. The platform supports VeeaWare middleware on NVIDIA Jetson and x86/Arm servers, enabling secure, l...
Virtuals Protocol has introduced customizable tokenized indexes on the Robinhood Chain, allowing users to combine multiple assets into a single token. This innovation enables users to create and manage their own asset baskets and earn fees when other...
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Kaia has signed a strategic partnership with Xilo Labs to integrate Mochi, an onchain asset management platform, into Kaia's ecosystem. This collaboration allows users to invest stablecoins into diversified portfolios backed by tokenized real-world a...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
