Author: CryptoExpert
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Balaji Seeks Malaysia Deal After Network School Probe
[ad_1] Network School founder Balaji Srinivasan is seeking a memorandum of understanding with Malaysia after authorities probed his Forest City tech community over allegations it was hosting Israeli citizens using second passports. Malaysia’s Home Affairs Ministry said Tuesday it was investigating Srinivasan’s start-up community in Johor following claims it included Israelis in violation of immigration…
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Cardano whales accumulate as van Rossem hard fork fuels recovery hopes
[ad_1] Key takeaways Cardano (ADA) traded near $0.161 on Thursday after a slight pullback, while whale wallets continued accumulating tokens. Wallets holding 100,000 to 100 million ADA have reached their highest holdings since February 2023, while smaller investors have reduced exposure. The upcoming van Rossem hard fork, scheduled for Saturday, could act as a catalyst…
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Bitmine Generated $46M from Ethereum Staking Last Quarter
[ad_1] Bitmine Immersion Technologies recorded $45.7 million in revenue from Ether staking and validation last quarter, following the launch of its institutional-grade Ethereum staking platform in March. Staking revenue accounted for 98% of total revenue for the three months ended May 31, far outpacing the $624,000 from self-mining Bitcoin (BTC) and the $168,000 from consulting…
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China’s Moonshot AI releases Kimi K3, the largest open-source model ever, rivaling top U.S. systems
[ad_1] Moonshot AI, the Beijing-based artificial intelligence startup backed by Alibaba, on Thursday released Kimi K3 — a 2.8-trillion-parameter model that the company says is now the largest open-source AI model in the world, and one that benchmarks show performs neck-and-neck with the most powerful proprietary systems from Anthropic and OpenAI. The release, timed to…
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White House Touts ‘Trump Coin’ as TRUMP Memecoin Holders Sit on $3.81 Billion in Losses
[ad_1] Key Takeaways The White House posted a nine-second Trump Coin video, touting a $1 coin for America’s 250th birthday. Nearly 989,000 of 1.48 million TRUMP token wallets are underwater, with combined losses of $3.81 billion. The U.S. Mint plans a fall release in Philadelphia; the TRUMP token briefly dipped on the name confusion. Promotion…
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Ionic Raises $400M as AI Revenue Tops Bitcoin Mining Ahead of Nasdaq Listing
[ad_1] This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus. The company reported $51.4 million in revenue for the first quarter of 2026, with digital infrastructure leasing accounting for $44.0 million, compared with…
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Bitcoin Gains Run Out of Steam as Traders Warn of Rejection Next
[ad_1] Bitcoin (BTC) cooled off with US stocks on Thursday as tech selling tempered gains from low inflation. Key points: Bitcoin follows US stocks as they come off local highs sparked by bullish US inflation data. Tech sell pressure contributes to slowing momentum as retail investors take profits. The BTC price rebound is seen rejecting…