Keel Infrastructure has shut down all its U.S. bitcoin mining operations as it transitions to AI and high-performance computing, citing higher returns from AI infrastructure. The move caused Q2 revenue to drop 50% to $30.4 million and a net loss of $65 million, with Keel selling 1,085 BTC to boost liquidity to $819 million. The company is now focused on securing AI tenants for its power-rich sites, aiming to prove that AI workloads can generate sustainable revenue from scarce electricity resources. This shift reflects a broader industry trend prioritizing AI infrastructure over traditional bitcoin mining due to better profitability potential.
Plume and Shinhan Asset Management signed an MOU to test a KRW-denominated tokenized fund backed by Shinhan's won ultra-short-term bond fund. The proof of concept will simulate issuance offshore without actual token issuance or distribution, excludin...
The U.S. Consumer Product Safety Commission has recalled about 213,500 Goody King Magnetic Building Cubes and Blocks due to a serious ingestion hazard. The toys can break, releasing small powerful magnets that children might swallow, which can cause ...
JPMorgan Chase increased its stake in Blackrock's spot Bitcoin ETF to $355.7 million in Q2 2026, more than doubling from Q1. The bank also re-entered XRP investments through Bitwise and Grayscale funds after previously exiting, while its Ethereum hol...
Chainlink (LINK) has gained nearly 8% over the past week, testing the $8.80 level within a broader consolidation channel. Key bullish indicators include an MVRV ratio golden cross with the 200-day average, increased whale transactions above $1 millio...
Touchstone Exploration's shares rose nearly 19% after reporting a sharp rebound in Q2 earnings, with net income swinging to $2.34 million from a $2.38 million loss in Q1. Funds flow from operations increased to $7.13 million, driven by a 39% rise in ...
