Grayscale pledges $1 million alongside Zcash ad blitz as token and ETF fall 12%
Grayscale’s Zcash push comes as its ETF faces continued withdrawals, extending October’s net outflows.
The Block
Older stories · all sources
TON Strategy earns $13.1 million from GRAM staking in Q3 as Telegram rolls out native wallet
TON Strategy reported $13.1M in Q3 revenue, mostly from GRAM staking, and a $24M net loss as Telegram rolled out its native Gram Wallet.
Alta raises $47.5 million Series A to build a blockchain for financial institutions
Alta’s blockchain will combine privacy and compliance controls for banks and other financial firms.
Canaan’s Q3 revenue plunges 90% to $14.5 million as bitcoin mining hardware sales slump
Canaan's Q3 revenue fell 90% to $14.5 million, though cryptocurrency and derivatives gains supported an $8 million profit.
MEGA commits $30 million to new products, starting with AI inference
The MegaETH Foundation has rebranded as MEGA and committed $30 million to new products, starting with AI inference.
Moody’s and Chainlink test cross-chain credit ratings distribution
Moody's Ratings and Chainlink ran a testnet pilot using CCIP to distribute credit ratings data across permissioned and public blockchains.
Bitdeer reports record Q3 revenue as net loss widens to $125.5 million
Bitdeer reported record third-quarter revenue of $320.7 million as bitcoin production surged 248% to 3,855 BTC.
Visa adds Monad to stablecoin settlement network options
Visa has added Monad as a stablecoin settlement option for participating issuers and acquirers, the Monad Foundation said.
eToro’s Q3 profit plunges 74% as weaker crypto trading weighs on earnings
eToro reported a 74% decline in Q3 profit to $15 million, with weaker crypto activity weighing on earnings.
HIVE reports $79 million quarterly net loss as bitcoin mining revenue falls and AI business grows
HIVE reported a $78.7 million quarterly net loss and $84.9 million in revenue, including $8.8 million from its AI business.
Exodus shares rise 10% ahead of Q3 earnings showing 7% revenue growth, $8.3 million loss
Exodus shares rose 10% as the company reported third-quarter revenue of $32.5 million and a net loss of $8.3 million.
Ark Invest trims Block, Bullish and its own bitcoin ETF holdings while buying Nvidia, SoFi
Cathie Wood's Ark Invest sold $6.1 million worth of Block shares and $1.13 million worth of Bullish shares through its ETFs on Monday.