Aave Labs buys Avon team in fixed-rate lending push
Aave Labs acquired the team and technology of Avon, an onchain fixed-rate and floating-rate lending protocol.
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TeraWulf’s bitcoin mining revenue falls 69% as HPC leasing surges amid Anthropic buildout
TeraWulf reported $63 million in artificial intelligence-related quarterly HPC lease revenue, up 774% year over year.
Hypercall to launch first Anthropic-linked pre-IPO options market
Trading is expected to begin Monday, with calls, puts and more complex strategies available in select non-US jurisdictions.
Crypto ETFs see over half a billion dollars in outflows amid post-midterm market slide
U.S. spot crypto ETFs slumped back to net outflows on Thursday, with more than $540 million in withdrawals across major products.
Nigeria’s central bank introduces stablecoin licensing rules, bans algorithmic versions
Nigeria's central bank issued new virtual asset regulations requiring stablecoin issuers and other service providers to obtain local licenses.
Kalshi hit with injunction over sports contracts on California tribal lands
A federal judge has granted the preliminary injunction to bar Kalshi from offering sports contracts on the lands of two California tribes.
Zcash’s major network upgrade NU7 goes live on mainnet, cutting block time by threefold
NU7 also activates the Network Sustainability Mechanism, which removes 60% of each block's transaction fees from circulation.
IREN’s bitcoin mining revenue drops 58% as firm plans full exit by year-end
IREN has been shifting its focus to the AI infrastructure business, and its AI cloud revenue rose 182% in the past quarter to $200 million.
Ark Invest buys more Coinbase as shares plunge 10% in wider market rout
Cathie Wood's Ark Invest bought $2.44 million worth of Coinbase on Thursday as the stock plunged 9.69% amid a broader sell-off.
Hyperliquid Strategies files to become CFTC-registered FCM, posts $13.3 million in quaterly revenue
Hyperliquid Strategies posted $13.3M in revenue and $620.6M net income, and filed with the CFTC to become an FCM for U.S. HIP-3 perp markets.
Bitcoin erases post-election gains as Wall Street selloff triggers over $1 billion in crypto liquidations
Bitcoin fell 6% to $75,700 and ether 7% as a Nasdaq selloff hit crypto, triggering $1.03 billion in liquidations.
Base deploys Denim upgrade on mainnet, replacing Flashblocks with 200ms block times
Base activated its fourth network upgrade, Denim, introducing five canonical blocks per second at 200ms intervals.