SpaceX has completed its $60 billion acquisition of Cursor, bringing the AI coding company and its model-development operation under SpaceX. The transaction deepens a partnership centered on using large-scale computing infrastructure to train more capable models. SpaceX Closes $60 Billion Cursor Acquisition Space Exploration Technologies Corp. (Nasdaq: SPCX) completed its acquisition of Cursor on Aug. […]
The UK lawmaker declared victory following a by-election, triggering a resumption of an investigation from the parliamentary commissioner for standards into his crypto donations.
Bitcoin’s network hashrate has fallen as much as 17% below its all-time high, per CryptoQuant, as publicly listed miners redirect power and capital toward artificial intelligence data centers instead of chasing new mining capacity. Hashrate Pulls Back From Record Highs Bitcoin’s network hashrate, the combined computing power securing the blockchain, has retreated meaningfully from its […]
Bank Leumi customers will be able to buy, hold and sell three major cryptocurrencies directly through the bank’s investment app beginning in early 2027.
This post was originally published on this site Four straight red Augusts — and in every one of them, the…
A $116 million Bitcoin wallet exploit puts self-custody under scrutiny as ETF inflows rebound, Strategy eyes more BTC and miners chase billions in AI deals.
Tim O’Reilly built a publishing empire that AI is helping to destroy. Yet he loves AI—as long as it’s open source.
Bitgo reported $4.3 billion in second-quarter revenue, up nearly 80% from a year earlier, as trading and stablecoin activity increased. The company still posted a $19 million net loss while cutting costs, expanding AI use and authorizing a $50 million share buyback. Bitgo Posts $19M Loss Despite $4.3B in Q2 Revenue Bitgo reported a sharp […]
Bitcoin falls further toward new August lows, ignoring positive US inflation trends while US stocks continue to circle all-time highs.
Morgan Stanley’s reported IBIT holdings rose to 16.5 million shares in Q2, while Ether ETF positions and several crypto-linked stocks also increased.
