American Bitcoin

American Bitcoin Corp. reported a $126 million net income for the third quarter, driven by a $197.3 million appreciation in its cryptocurrency reserves despite rising electricity and production costs.

A federal judge denied an emergency request to halt stock perpetual futures from trading on exchanges like Coinbase and Kalshi, concluding that the CFTC likely overstepped its statutory authority by approving the products.

Bitcoin Magazine Tether Holds 150,000 Bitcoin CEO Says, 50,000 More Than Its Reserve Report Shows Tether CEO Paolo Ardoino said in Lugano that the company holds about 150,000 bitcoin worth $11.5 billion. This post Tether Holds 150,000 Bitcoin CEO Says, 50,000 More Than Its Reserve Report Shows first appeared on Bitcoin Magazine and is written…

According to TD Cowen analyst Jaret Seiberg, a Democratic sweep of Congress would eliminate chances for the CLARITY Act to pass over the next two years and worsen the political climate for digital assets.

Bitcoin Magazine Binance Says $6.34 Billion Hack Began With Fake Job Interview  Binance’s incident report says the $6.34 billion Oct. 29 theft was a five-month campaign that began with a fake job interview and a poisoned developer tool. This post Binance Says $6.34 Billion Hack Began With Fake Job Interview  first appeared on Bitcoin Magazine…