Category: Industry Insights
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Design Firm Figma Reveals $70M Bitcoin ETF Stash in IPO Documents – Crypto News Bitcoin News
Design firm Figma disclosed a $70M Bitcoin ETF investment in its IPO documents, alongside plans for a $30M Bitcoin purchase, as revealed in SEC filings.
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Ethereum dev Zack Cole launches initiative to fund ‘tokenless’ projects, promote ETH burning mechanisms
Ethereum developer Zak Cole launches the Ethereum Community Foundation (ECF) to fund tokenless projects, promote ETH burning, and enhance network value through validator initiatives and real-world asset integration.
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Trump-Backed American Bitcoin Raises $220 Million to Buy BTC and Mining Gear – Crypto News Bitcoin News
Trump-backed American Bitcoin raised $220M to buy BTC and mining equipment, planning to go public through a merger with Gryphon Digital Mining.
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Cloudflare Hits the Kill Switch on AI Crawlers—And an Entire Industry Cheers – Decrypt
Cloudflare now blocks AI crawlers by default for new domains, with over 1 million clients and major publishers supporting. A ‘pay-per-crawl’ model lets publishers charge AI firms for access.
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Eskom Eyes Bitcoin Mining & AI to Tackle $22.7B Debt
Eskom, South Africa’s power utility, is exploring Bitcoin mining, AI, and data centers to address its $22.7B debt amid declining electricity sales and market shifts.
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Figma discloses $70M Bitcoin exposure via Bitwise ETF in IPO filing, plans another $30M buy
Figma’s IPO filing discloses $70M Bitcoin exposure via Bitwise ETF, with plans to invest another $30M. The company holds BITB as part of its cash management strategy alongside traditional assets.
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MARA Bitcoin Production Slides 25% as Mining Environment Toughens – Decrypt
MARA Holdings’ Bitcoin mining production fell 25% in June due to weather issues and increased mining difficulty. The firm mined 713 BTC and holds over $5 billion worth, planning to expand capacity by year-end.
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Here’s the $255,000,000,000 Threat That Visa and Mastercard Are Facing Right Now, According to Insiders: Report – The Daily Hodl
Visa and Mastercard are preparing for the rise of stablecoins, which threaten their business models by lowering transaction costs. Executives see opportunities in new use cases rather than full replacement.
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Circle Announces Circle Gateway: No More Bridging USDC Across Multiple Chains? – News Bytes Bitcoin News
Circle introduces Circle Gateway, enabling seamless cross-chain USDC transfers without bridging, launching in July for its $62B market cap stablecoin currently on 23 blockchains.
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Digital Reserves Dominate: Smarter Web Enters Top Bitcoin-Holding Public Companies News ETHNews
Smarter Web increases Bitcoin holdings to 773 BTC, joining top public firms with BTC treasuries. The UK-based firm plans long-term BTC accumulation, now ranking 36th globally among corporate holders.
