Business
The people and companies shaping the crypto industry.
Tom Lee’s Bitmine Adds $30 Million in Ethereum as Buying Nears Its Finish Line
Bitmine Immersion Technologies kept its weekly Ethereum buying streak alive, adding 12,535 ETH worth about $30 million, even as a market-wide selloff battered crypto prices and the firm closed in on the end of its accumulation. The NYSE-listed company said Monday its holdings now total 6,041,481 ETH, valued at roughly $14.3 billion at a reference price of $2,365 per coin. That represents 4.9% of Ethereum’s 122.1 million token supply, leaving Bitmine, by its own count, 99% of the way to its goal...
Oct 15, 2026
Business
Ledger Announces Atom Touchscreen Android Device
Ledger's new Atom device will ship with Solana's Seeker app preinstalled, the companies announced on stage at Ledger's Op3n conference in Paris on Thursday. Billed as a "signer" rather than a hardware wallet, the Atom is an Android-powered touchscreen device equipped with a data-only eSIM and Ledger's Secure Element, enabling users to send and receive encrypted messages with other Atom users as well as perform crypto transactions in the manner of its range of wallets. To do so, the device switch...
Oct 14, 2026
Business
Standard Chartered Opens Bitcoin and Ethereum Trading to Wealthy UAE Clients
Standard Chartered will now let its wealthier clients in the United Arab Emirates buy and sell Bitcoin and Ethereum straight from their bank accounts, the British lender announced Wednesday. The move eliminates the need for its affluent clients to rely on separate wallets or third-party platforms, the bank said. Myriad: Where does Ethereum go next? Click to make your prediction. The service opens first to clients classified as Professional Investors and runs under licensing approval from Dubai's...
Oct 14, 2026
Business
Kraken Owner Payward to Buy Lithuania's Saldo Bank in EU Push
Payward, the parent company of crypto exchange Kraken, is buying Lithuania-based Saldo Bank as it expands into lending and card issuing, the Financial Times reported on Wednesday. Payward is the first digital asset company to buy a bank in Europe, according to the FT. Saldo received its EU banking license in 2021 and offers consumer and business loans as well as term deposits. The price was not disclosed. "One of the biggest things that our customers have been asking us is 'I would like to get p...
Oct 13, 2026
Business
Character.AI Files for Bankruptcy as Disney Bids $20 Million—And Users Get Grief Resources
Character.AI, the app where millions of people spend hours chatting with AI versions of fictional heroes and made-up partners, has filed for bankruptcy. The company announced Monday that it started a voluntary Chapter 11 process, a type of U.S. bankruptcy that lets a company keep operating while a judge supervises how its debts get paid or how its assets get sold. The case was filed in the U.S. Bankruptcy Court for the District of Delaware. Myriad: Which company will have the best AI model? Clic...
Oct 13, 2026
Business
Binance Is Shutting Down Its Bitcoin Mining Pool After Six Years
Binance will shut down its mining pool and several related services on Nov. 10, the exchange said in an announcement published Tuesday. The closure covers Binance Pool, Pool Savings, Cloud Mining, and Transaction Accelerator, along with Telegram hashrate alerts, email notifications, and the pool's API. “As part of our ongoing review of products and services, Binance will discontinue Binance Pool and related services on 2026-11-10,” Binance wrote. “All Binance Pool-related services will be discon...