Category: The Ledger Edge
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Google invests $50 million for 12% stake in TeraWulf
Google acquired a 12% stake in TeraWulf, making it the largest shareholder. The $50 million investment boosts TeraWulf’s Bitcoin mining capacity to 8 EH/s.
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Figure files for IPO after 150% revenue growth in 2023
Figure, a blockchain lender, filed for an IPO following 150% revenue growth in 2023, joining Circle and Ripple in crypto finance expansion.
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South Korea AI uncovers $230 million Bitcoin in 2023 regulatory push
South Korea used AI to uncover $230 million in hidden Bitcoin, involving entities like Wemade and Bithumb, marking a 2023 breakthrough in crypto forensics.
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Palihapitiya’s SPAC invests $500M in AI and cybersecurity for national security
Chamath Palihapitiya’s SPAC targets strategic tech and national security, investing $500M in AI and cybersecurity firms like Anduril and Palantir.
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Foundry USA controls 30% of Bitcoin mining hash rate in 2024
Satoshi Nakamoto initiated Bitcoin mining, leading to 910,000 BTC blocks. Foundry USA now dominates with 30% hash rate, alongside Antpool and F2Pool.
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Gemini IPO filing shows Ripple deal and $282M 2025 net loss
Gemini IPO filing discloses a Ripple credit agreement and a $282M net loss for 2025, highlighting risks in crypto exchange financials.
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Gemini files for IPO after $1.2B losses in 2023
Gemini filed for an IPO despite reporting $1.2B losses in 2023, joining Coinbase and Kraken in pursuing public markets amid crypto volatility.
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Digital Assets Association integrates TradFi and RWAs with $50B AUM
The Digital Assets Association connects TradFi and RWAs, with $50B in assets under management, involving BlackRock, Fidelity, and Ethereum.
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Fake CAPTCHAs spread Lumma Stealer malware to 50000 users in 2023
Hackers deploy fake CAPTCHAs to distribute Lumma Stealer malware, affecting 50000 users. Microsoft and Google reported similar campaigns targeting Chrome and Edge browsers.
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Lazarus Group steals $23M from Lykke Exchange in 2024 crypto breach
Lazarus Group stole $23M from Lykke Exchange in 2024, impacting Bitcoin and Ethereum markets; security experts highlight rising wallet vulnerabilities.