TeraWulf’s Bitcoin-mining revenue fell 73% yr over yr within the second quarter as high-performance computing and synthetic intelligence leases reached 71% of sales, accelerating the corporate’s shift away from its unique enterprise. According to the agency’s second-quarter report, digital asset revenue dropped to $12.8 million from $47.6 million a yr earlier. On the opposite hand,…
Texas Gov. Greg Abbott ordered the Public Utility Commission and ERCOT to audit each data center mission looking for a grid connection earlier than regulators approve any new initiatives. The order places AI infrastructure tied to Bitcoin miners below scrutiny, whereas the audit verifies every mission’s energy sourcing, water use, cooling plans, and possession. The…
Bitcoin’s greatest near-term safety downside might not be a breakthrough towards its cryptography, however the software program and {hardware} already standing between a non-public key and its proprietor. As AI will get higher at discovering seams in that custody stack, even chilly storage deserves a nearer look. Bitcoin chilly storage shuts one door. The remainder…
In an Aug. 3 put up, Bitcoin bridge Boltz stated automated, AI-assisted probing led to a number of contained exploits earlier than the assault accelerated sharply. Boltz’s non-custodial design saved each person’s funds protected by way of months of assaults. Yet the Bitcoin swap service shut down anyway. Boltz stated its crew may now not…
Coldcard’s wallet disaster has shaken Bitcoin sentiment, blurred on-chain signals and uncovered a recurring weak spot in AI-assisted cyber defenses. On July 30, {hardware} maker Coinkite warned customers that wallets generated with affected Coldcard firmware might be drained as a result of a software program error produced seed phrases with far much less randomness than…
A $20 billion AI hedge fund gained 439% by June, misplaced roughly two-thirds of its worth in July, and bought most of a $16 billion public-stock portfolio as leverage turned towards it. The collapse affords a warning for Bitcoin: when Wall Street wants money shortly, the first asset bought will not be the one which…
Japan-listed Quantum Solutions expanded the amount of Ether its group may sell by Oct. 30, 2026, after subsidiary GPT Pals Studio offered one other 1,000 ETH to assist fund its AI data-center push. The group can nonetheless promote up to 2,471 ETH, whereas only one,714.8 ETH of its current stability is disclosed as outdoors a…
NEAR has launched a staking-based fee mannequin for NEAR AI, giving customers a option to lock NEAR tokens and obtain month-to-month compute credit as a substitute of paying by means of conventional cloud billing or credit-card rails. According to the validated notes, the system provides customers entry to 43 hosted AI fashions, together with fashions…
CleanCore Solutions has signed a 10-year colocation settlement with Cerebras Systems valued at $800 million, and the story isn’t just {that a} small public firm has moved into AI infrastructure. It is that an organization beforehand recognized in crypto circles for its Dogecoin treasury has now made a a lot bigger company pivot. According to…
CleanCore Solutions, a cleaning-products and Dogecoin-treasury company pivoting into AI infrastructure, introduced a Minnesota data-center enterprise whose working company is a get together to a 10-year colocation settlement with AI-compute company Cerebras. The estimated $800 million contract worth comes with a $479 million challenge finances and up to $500 million in commitments from CleanCore, turning…