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The defunct exchange acquired a 20% stake in Genesis Digital Assets before FTX declared bankruptcy in November 2022.
FTX’s crypto mining venture is now used to advance AI
https://cointelegraph.com/news/ftx-crypto-mining-ai-data-center?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Justin Sun’s $2.25B Crypto Portfolio Includes $1.09B in SUSDS Across 10 Blockchains
https://www.cryptoninjas.net/news/justin-suns-2-25b-crypto-portfolio-includes-1-09b-in-susds-across-10-blockchains/
Key Takeaways: Earlier, Arkham reported that it tracks around $2.25 billion worth of on-chain assets for Justin Sun, spanning 10 different blockchain networks. The bulk of the portfolio (around $1.09
The post Justin Sun’s $2.25B Crypto Portfolio Includes $1.09B in SUSDS Across 10 Blockchains (https://www.cryptoninjas.net/news/justin-suns-2-25b-crypto-portfolio-includes-1-09b-in-susds-across-10-blockchains/) appeared first on CryptoNinjas (https://www.cryptoninjas.net/).
With just 22 days until the US midterm elections, a crypto-aligned committee has announced another major ad expenditure to support “pro-crypto” candidates in 2026.
Crypto PACs report $2.7M spending blitz on House races as midterms loom
https://cointelegraph.com/news/crypto-pac-spending-house-races-2026-midterms?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
A Tempo report examines how proposed US accounting rules could change corporate stablecoin holdings, with direct redemption rights determining which tokens qualify as cash.
US accounting overhaul could make stablecoins more attractive to corporations: Tempo
https://cointelegraph.com/news/fasb-stablecoin-accounting-rules-corporate-adoption?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The Bitcoin mining industry needs roughly $50 billion to complete planned AI infrastructure projects, with IREN, Riot Platforms and HIVE Digital facing major funding gaps.
Bitcoin miners face widening AI financing costs as lenders scrutinize deals
https://cointelegraph.com/news/bitcoin-miners-ai-financing-costs-debt-funding-gap?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin price action stayed rangebound after failing to sustain above $84,000 into the Wall Street open on rising oil prices.
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