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Robinhood Chain Revenue Record Sends Arbitrum Token 30% Higher
Robinhood Chain recorded $1.9 million in revenue over 24 hours, a record that coincided with a 30% rally in Arbitrum’s ARB token as traders chased downstream gains, according to CoinDesk.
Firelight Raises $8 Million to Extend DeFi Protection Beyond XRP
Firelight raised $8 million to expand its DeFi protection protocol beyond XRP. The project aims to help fintechs and investors recover losses from hacks while enabling XRP, bitcoin and XLM holders to earn yield by backing coverage.
UK Crime Agency Freezes Premier League-Linked $13.5 Million Account
The UK's crime agency froze a $13.5 million account linked to the Premier League in a crypto crime probe. The funds were tied to its $140 million sponsorship deal with Sorare, with no wrongdoing confirmed by authorities.
Hut 8 Texas Campus Linked to Anthropic’s $35 Billion AI Commitment
Hut 8’s Texas campus is tied to two long-term leases worth $19.6 billion, more than 260 times its latest quarterly revenue, amid Anthropic’s $35 billion AI deal and an industry race for power and data-center capacity.
Lazarus-linked wallets move $30M through Hyperliquid
Wallets linked to the OFAC-sanctioned Lazarus Group moved $30 million in digital assets through Hyperliquid, Cointelegraph reported, weeks after regulators discussed a path for the exchange to enter US markets.
UK Crime Agency Freezes $13.6M Sorare Payment to Premier League: Report
The UK's National Crime Agency reportedly froze Sorare's $13.6 million payment to the Premier League. It was the first payment under a $163 million deal, as the Messi-backed fantasy card game faces a gambling prosecution.
Saylor’s $2 Billion Capital Loop Highlights New Claims on Bitcoin Ownership
CryptoSlate examined Michael Saylor’s $2 billion capital loop, saying it preserves Bitcoin self-custody while supporting layered claims that finance Strategy’s balance sheet and reshape views of BTC ownership.
Strategy directs $603 million stock-sale proceeds to Bitcoin and STRC support
Strategy used $603 million from one week of common-stock sales for three purposes: $369.7 million in Bitcoin purchases, $202.5 million for STRC buybacks and dividends, and a $30 million increase in cash.
Lazarus-linked wallets sold over $30 million in Bitcoin on Hyperliquid
CoinDesk reports that wallets tied to North Korea’s Lazarus Group sold more than $30 million in Bitcoin on Hyperliquid over the past three weeks, as Donald Trump pushes to bring the crypto platform onshore.
AI Data Centers Adopt an Efficiency Lesson from Bitcoin Mining
CryptoSlate says AI data centers are adopting a power-management lesson associated with Bitcoin miners. AI computing relies on electricity, generates substantial heat and requires heavy-duty cooling as services scale to millions of users.