Category: The Ledger Edge
-
Ex-White House director Bo Hines appointed Tether strategic advisor for US expansion strategy
Former White House director Bo Hines joins Tether as strategic advisor, focusing on USDT expansion amid regulatory scrutiny and $110 billion market cap.
-

Tether appoints Bo Hines as strategic advisor for digital assets and US strategy in 2024
Tether appoints Bo Hines, former White House crypto council head, as strategic advisor for digital assets and US strategy in 2024.
-

BitMine holds $6.6B in crypto assets, ranks second globally in 2024
BitMine holds $6.6B in crypto, ranking second globally. The treasury includes Bitcoin, Ethereum, and Solana, with 210,000 BTC as of 2024.
-
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.
-

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.
-

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.
-

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.
-

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.
-

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.
-

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.