Business
Miners pivot to compute hosting as margins compress
Operators with grid interconnection and cheap power are converting halls to high-density racks, trading volatile revenue for contracted cash flow.
Theo Whitfield · · 5 min read
Section
Business
Exchanges, custodians and the companies building the plumbing.
Business
Exchanges expand custody services as institutional mandates broaden
Segregated custody and insurance capacity have become the deciding factors in mandates that once turned on trading fees alone.
Theo Whitfield · · 4 min read
Business
Venture funding returns to infrastructure over applications
Cheque sizes have recovered, but capital is concentrating in a small number of picks-and-shovels companies rather than consumer products.
Johan Lindqvist · · 4 min read
Business
Payment processors add stablecoin settlement for merchants
Cross-border merchants are the early adopters, using dollar tokens to shorten settlement cycles rather than to accept crypto payments.
Lena Tanaka · · 4 min read
Business
Insolvency estates begin final distributions to creditors
Recoveries from the last cycle's failures have exceeded early estimates, largely because the assets recovered appreciated during the proceedings.
Marta Alvarez · · 5 min read