Business

NC-1 deal is good, but B. Riley cuts price target on cloud services outlook

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Data center developer WhiteFiber’s (WYFI) first long-term colocation agreement at its flagship NC-1 campus with Nscale Global supports management’s execution and its initial deployment timeline, investment bank B. Riley said in a report Tuesday. “We believe WYFI’s reaffirmation of its initial deployment schedule demonstrates its ability to execute and the benefits of the company’s modernization […]

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EU DAC8 comes into force on January 1, integrating crypto exchanges into cross-border tax reporting

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The European Union’s latest law on tax transparency for digital assets takes effect on January 1, marking a shift in how crypto activity is subject to scrutiny across the bloc. Known as DAC8, the directive extends the EU’s long-standing administrative cooperation framework on taxation to crypto assets and associated service providers. The rules require crypto-asset

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Filecoin (FIL) falls 2% as crypto markets weaken

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Filecoin SON$1.2809 slipped 2% to $1.28 during Tuesday’s session, tracking broader crypto market flows rather than responding to token-specific catalysts. The token’s price action remains closely tied to crypto market sentiment, according to CoinDesk Research’s technical analysis model. According to the model, this tight correlation indicates that large order flows are driving price movements rather

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The protocol: split in the Aave community

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Network News AAVE COMMUNITY DIVISION: Aave community members and participants have become sharply divided in recent weeks over control of the protocol’s brand and associated assets, intensifying an ongoing dispute over the relationship between the decentralized autonomous organization (DAO) and Aave Labs, the centralized development company that builds much of Aave’s technology. The debate has

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Aptos APT Falls as Token Follows Broader Crypto Market Weakness

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APT slipped 1% to $1.56 over the past 24 hours, as broader crypto markets also retreated. The CoinDesk 20 Index was down 0.6% at press time. The token traded between $1.62 and $1.56 over a 24-hour period, establishing a range of $0.06 representing 3.6% intraday volatility, according to CoinDesk Research’s technical analysis model. The pattern

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Donald Trump-owned media company moves 2,000 bitcoins, worth $174 million

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Trump Media and Technology Group (DJT) transferred around 2,000 bitcoins BTC$87,285.82worth around $174 million, via a series of wallets a day after increasing his holdings to 11,542 BTC. The transfers routed the bitcoin to multiple addresses, with around $12 million ultimately reaching Coinbase Prime Custody, according to blockchain data tracked by CoinDesk on Arkham. The

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HashKey Capital has raised $250 million for a new blockchain fund that targets $500 million

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HashKey Capital, a subsidiary of HashKey Holdings, said it has closed the first fundraising round for its fourth crypto fund, locking in $250 million from a mix of institutional investors, family offices and high-net-worth individuals. The fund, HashKey Fintech Multi-Strategy Fund IV, is targeting a final close of $500 million. It will invest in both

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Gold knocks on a door closed for 50 years as BTC price faces a defining test of support

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Gold is at a critical juncture relative to the U.S. money supply (M2SL), testing a level it last reached in 2011 and has not exceeded since the 1970s, when the price more than tripled to a multi-year high of $700 an ounce. On the other hand, bitcoin BTC$87,201.68called by some supporters digital gold, fell toward

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Sling Money gets FCA approval after MiCA license, Eyes Europe

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Avian Labs, the company behind crypto payments service Sling Money, has received approval from the UK’s Financial Conduct Authority to operate as a crypto service provider, expanding its reach in Europe after securing a license from the Dutch regulator in April. The approval places the person-to-person payments app among a growing cohort of crypto payments

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