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Alibaba reportedly cuts dozens from metaverse unit

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The Chinese e-commerce giant has become the latest to slash resources for metaverse development as the focus shifts to AI. 

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Coin Market

Hut 8 tips 66% hashrate boost after deal to buy 31K Bitcoin miners

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Hut 8 could see its hash rate rise from 5.6 exahashes per second to 24 EH/s by Q2 2025 should it also execute a 15 EH/s purchase option with Bitmain.

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BlackRock Bitcoin ETF sees 'biggest volume day ever' with $4.1B traded

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BlackRock Bitcoin ETF saw its largest day of trading activity following Donald Trump’s reelection as the president of the United States. 

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Tether swaps more than 2 billion USDT to the Ethereum network

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The vast majority of Tether’s USDT volume exists on the Tron network due to comparatively lower fees and faster transaction finality. 

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