FTX’s crypto mining venture is now used to advance AI

The defunct exchange acquired a 20% stake in Genesis Digital Assets before FTX declared bankruptcy in November 2022. Source: Cointelegraph

The defunct exchange acquired a 20% stake in Genesis Digital Assets before FTX declared bankruptcy in November 2022. Source: Cointelegraph

With just 22 days until the US midterm elections, a crypto-aligned committee has announced another major ad expenditure to support “pro-crypto” candidates in 2026. Source: Cointelegraph

A Tempo report examines how proposed US accounting rules could change corporate stablecoin holdings, with direct redemption rights determining which tokens qualify as cash. Source: Cointelegraph

Jeonbuk Bank reportedly began offering Bitcoin-backed loans to corporate customers, with a third-party custodian holding the cryptocurrency used as collateral. Source: Cointelegraph

The Financial Stability Board flagged cross-border stablecoin risks and AI-related cybersecurity threats while urging G20 policymakers to support stronger safeguards. Source: Cointelegraph

The migration is backed by a $30 million investment from Sui Foundation. Source: Cointelegraph

Holders could face fines of up to 10,000 euros for failing to declare qualifying assets. Source: Cointelegraph

The XRP Ledger Foundation pushed back against claims that its emergency security patch was forced on network operators. Source: Cointelegraph

Investors will have to wait an extra day to find out if and how much Strategy added to its Bitcoin treasury in the first week of October. Source: Cointelegraph

Company advised users not to visit or interact with the link in question and said it will share any further verified updates. Source: Cointelegraph