Bitcoin Miner Hive Revenue Surges on AI Bet
Hive Digital Technologies’ revenue surged 158% to $297.8M in fiscal 2026, driven by Bitcoin mining and AI expansion plans, despite a $148.4M net loss. #Update #Crypto $HIVE
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Hive Digital Technologies’ revenue surged 158% to $297.8M in fiscal 2026, driven by Bitcoin mining and AI expansion plans, despite a $148.4M net loss. #Update #Crypto $HIVE
Anthropic expands Project Glasswing, increasing access to its Claude Mythos AI model for critical sectors amid IPO plans, raising cybersecurity concerns. #Update #AI
Andrew Yang’s Noble Mobile acquires Helium Mobile, built on the Helium network. Terms undisclosed; transition expected smooth. HNT down 7% to $0.64. Crypto $HNT
Mt. Gox moved over 10,000 $BTC worth $739M, impacting market sentiment but not directly affecting price; 35,000 $BTC remain for distribution. #Update #Crypto $BTC
Bitcoin drops below $70K, triggering $728M in liquidations. Altcoins like $NEAR and $WLD gain over 12%, defying the broader market trend. #Update #Crypto $BTC
NVIDIA unveiled Nemotron 3 Ultra, a 550-billion-parameter AI model, at Computex, outperforming U.S. rivals but trailing China’s Kimi K2.6 in intelligence. Ships June 4. #Update #Tech
DuckDuckGo’s AI-free search visits tripled post-Google AI announcement, leading to new Chrome and Firefox extensions. App installs rose 18.1% in the U.S. #Update #Tech
SpaceX warns IPO investors of potential share dilution as it seeks a $1.75 trillion valuation, integrating xAI and X into its business. #Update #Finance
Telegram CEO Pavel Durov announces Toncoin will be rebranded as Gram, boosting $TON price by 13% to $2.12. #Update #Crypto $TON
MicroStrategy’s Bitcoin sale timing has sparked a $50M dispute on Polymarket, as the firm sold 32 BTC before May 31 but announced it on June 1. Crypto $BTC
Kalshi applies to self-certify derivatives tied to 12 altcoins post-CFTC’s Bitcoin perps approval, aiming to expand U.S. perpetual futures market. #Update #Crypto $BTC
Compass Point maintains a bearish $140 target for @Coinbase amid fierce derivatives competition, despite regulatory relief for offshore perps via Deribit. #Update #Crypto
Florida sues @OpenAI and CEO Sam Altman over ChatGPT safety claims, alleging risks to children. The state seeks damages and regulatory changes. #Breaking #Legal
BitMine Immersion Technologies added $52M in $ETH, now holding 4.48% of supply, while Strategy sold $2.5M in $BTC; ETH dips below $2,000. Crypto $ETH