TeraWulf's Q1 2026 Net Loss Surged to Over $427 Million, With AI Compute Revenue Beating Bitcoin Mining

Despite the formal ban on Bitcoin mining in China in 2021, the activity has experienced a significant revival, with the country climbing back to the third position globally by October. This resurgence is driven by miners and companies operating in regions with abundant and inexpensive electricity, such as Xinjiang and Sichuan.

A San Francisco homeowner was robbed of $11 million in crypto by a man posing as a delivery driver, who bound the victim with duct tape and brandished a gun. This incident is part of a surge in physical assaults targeting crypto holders, with over 60 wrench attacks documented this year.

Animoca Brands has received in-principle approval from the Abu Dhabi Global Market’s Financial Services Regulatory Authority, allowing it to manage collective investment funds within ADGM. This approval aligns with the company's goal to establish regulated pathways for global institutional participation in Web3.

CoinDesk recently reported a shift in the BTC options market, with the $80,000 put now leading in open interest at just over $2 billion. This reflects a bearish sentiment, as put buyers bet on Bitcoin's spot price falling below that level.

The Department of Government Efficiency, established by executive order under President Donald Trump, has stopped functioning eight months before its scheduled closure. Despite having time left, the office is no longer operational, as confirmed by the administration's personnel chief.

JPMorgan Chase closed Strike CEO Jack Mallers' bank accounts, citing "concerning activity" without specifics, in a move that reignited worries about debanking practices towards crypto executives. The bank's actions have raised questions about the alleged Biden-era campaign to deny banking services to crypto companies.

Bitcoin is experiencing its longest downtrend since June 2024, with a 24.43% loss in the fourth quarter of 2025. Despite a recent price increase, analysts remain cautious due to market pressures and fears of sticky inflation.

Matt Hougan explained why most digital asset treasury (DAT) companies are likely to trade at a discount due to factors like illiquidity, expenses, and risk. He outlined a model that highlights the challenges DATs face in maintaining premiums over their underlying crypto holdings.

Billionaire collector Adam Weitsman recently acquired 229 Meebits NFTs in a significant private deal, expressing confidence in the collection and its team. Weitsman's focus on digital art and culture extends to his long-term investment in the Web3 space.

The transition to sustainable blockchain technologies is evident through the significant reduction in energy consumption, with Ethereum leading the way by slashing its usage by over 99.9% after switching to Proof-of-Stake. This shift towards sustainability is driven by regulatory standards and the adoption of energy-efficient consensus models like Proof-of-Stake.