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

CleanSpark announced plans to offer $1.15 billion in convertible senior notes, with another potential $150 million in shares to be offered. The company will allocate funds for stock repurchase, expanding power and land portfolio, developing data center infrastructure, and repaying credit lines.

Han Hye-jin's YouTube channel was deleted after hackers aired a deepfake video of Ripple CEO Brad Garlinghouse promoting a crypto scam. The supermodel's team is awaiting a response from YouTube to restore the channel, which had over 860,000 subscribers.

A proposal by a Lido DAO member suggests a token buyback program to address liquidity issues. Unlike Uniswap's program, Lido's is capped at $10 million annually, aiming to enhance token value and investor trust.

ClearToken has received authorization from the U.K.'s Financial Conduct Authority for CT Settle, a DvP net settlement system for digital assets, stablecoins, and fiat currencies. The London-based firm aims to solve capital inefficiency by enabling true DvP settlement, reducing counterparty risk and freeing up capital.

Lighter, a zk-rollup perpetual-futures exchange on Ethereum, secured $68 million in funding from investors like Founders Fund and Robinhood Markets. With a 30-day trading volume of $279.5 billion, Lighter plans to expand its institutional offerings and challenge competitors in the decentralized derivative exchange sector.

The China National Computer Virus Emergency Response Center (CVERC) has challenged the U.S. Department of Justice's account of seizing $13.2 billion worth of Bitcoin allegedly linked to Chen Zhi's Prince Group. CVERC claims the assets originated from a 2020 mining pool hack.

Zhimin Qian has been sentenced to 11 years and 8 months for orchestrating a pyramid scheme that defrauded 120,000 Chinese pensioners. She fled China in 2017, living lavishly in the UK until her arrest in 2024 with a trove of 61,000 BTC, currently worth $6.4 billion.

Sygnum's report reveals a shift in institutional crypto investors' approach towards diversification over speculation, with over 60% planning to increase crypto allocations. The market sentiment hinges on upcoming catalysts in Q4, as investors navigate regulatory uncertainties and global fiscal instability.

Large investors are accumulating Ethereum at discounted prices, with whales increasing balances by 52% since late April. This behavior, seen after drops to $3,000, historically signals potential trend reversals.

The Senate Agriculture Committee's bipartisan draft proposes granting the CFTC authority to regulate spot-market trading in digital commodities like Bitcoin. The proposal aims to establish clear rules for the emerging crypto market and protect consumers.