7*24

Hot topic

Market

Activities

World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift PacksBTC Prophet: 20-Day 380 Million HTX ChallengeHut 8 to pay $2.35 million to settle investor suit over U.S. Bitco

World Cup Predictions: 100,000 USDT Daily

HTX Invites You to Share 600K USDT in Gift Packs

BTC Prophet: 20-Day 380 Million HTX Challenge

Hut 8 to pay $2.35 million to settle investor suit over U.S. Bitcoin mergerFormer bitcoin miner Hut 8 (HUT) agreed to pay $2.35 million to settle a securities class action alleging it misled investors in connection with its 2023 merger with U.S. Bitcoin Corp. (USBTC).

The lawsuit, filed in the U.S. District Court for the Southern District of New York, focused on Hut 8's all-stock merger with USBTC, which closed in November 2023.

Investors alleged the company, which now focuses on AI data centers and high-performance computing, overstated the transaction's benefits while failing to disclose persistent energy curtailment and internet connectivity issues at King Mountain, a Texas bitcoin mining joint venture in which USBTC held a 50% interest.

The litigation gained momentum after short seller J Capital Research published a critical report in January 2024, prompting a slide of more than 23% in Hut 8's share price.

According to a court filing, the $2.35 million recovery represents roughly 19.6% of the estimated maximum recoverable damages, exceeding the 12.9% median and 14.6% average recovery rates for Securities Act-only settlements in 2025.

As part of the agreement, Hut 8 denies any wrongdoing or liability. Hut 8 shares have gained more than 640% over the past year.

Bitcoin Mining
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

Hut 8 to pay $2.35 million to settle investor suit

Hut 8 has agreed to pay $2.35 million to settle a securities class action tied to its 2023 all-stock merger with U.S. Bitcoin Corp. 
<br>
<br>
<br>
<br>
<br>
<br> 
<br> Summary
<br> 
<br>
<br> 
<br> 


Hut 8 to pay $2.35 million to settle USBTC merger investor suit

HTXCommunity4thAnniversary

Taking a look at the 4H chart for $AXS , and things are looking a bit sketchy after that massive pump a few days ago. We’ve been slowly bleeding out, and right now, the price is resting right on a kni

World Cup Predictions: 100,000 USDT Daily2026 World Cup Posting Challenge on HTX SquareHTXCommunity4thAnniversaryFranklin Templeton launches Franklin Crypto, acquires 250 Digital - Details Institution

2026 World Cup Posting Challenge on HTX Square

Franklin Templeton launches Franklin Crypto, acquires 250 Digital - Details

Institutional interest in digital assets continues to expand as tokenized markets attract long-term capital.Franklin Templeton has moved beyond passive exposure to digital assets and is now expanding deeper into active crypto management.

On Monday, the 22nd of June, the $1.78 trillion asset manager completed its acquisition of 250 Digital. The acquisition of the cryptocurrency management firm included the team and all its liquid cryptocurrency strategies previously run by CoinFund.

After the acquisition, Franklin Templeton officially announced that they had established a new division called Franklin Crypto. The division would be responsible for providing actively managed digital asset products to institutional investors

Franklin Templeton launches Franklin Crypto, acqui

World Cup Predictions: 100,000 USDT Daily2026 World Cup Posting Challenge on HTX SquareHTXCommunity4thAnniversaryXRP drifts toward $1.10 support as traders await break from three-week range$XRP is run

XRP drifts toward $1.10 support as traders await break from three-week range$XRP is running out of room. After spending most of June trapped between resistance overhead and support near $1.10, the token is once again testing the bottom of its range.

While the latest decline was small, the inability to build on recent rebounds has left traders focused on whether buyers defend support or finally give way after weeks of compression.

News Background

$XRP ETFs attracted another $2.4 million in inflows on June 20, extending a run of institutional buying even as retail sentiment weakened.

• Analysts continue to watch the year-long downtrend from $XRP's 2025 highs, with several identifying $1.28-$1.30 as the level needed to change the broader structure.

• Network activity has softened in recent weeks while futures positioning and open interest have drifted lower.

Price Action Summary $XRP fell from $1.1313 to $1.1109 during the 24-hour session, losing 1.8%.

• The sharpest selling came during a June 22 reversal when volume jumped to 65.4 million $XRP, roughly 84% above average.

• Price spent most of the session grinding lower before testing support near $1.10 into the close.

Technical Analysis

XRP drifts toward $1.10 support as traders await b

On June 23, according to CCTV, Iranian Foreign Ministry spokesman Baghaei stated that certain countries in the Middle East are involved in the aggression against Iran by the United States and Israel. 

Iran to Continue Holding Aggressors Accountable

We're diving into the world of memecoins, and it's a wild ride. According to DexScreener, trending memecoins are all about humor and pop culture references. We're seeing a mix of quirky characters and

Long Now $BANANAS31 – Range Breakout Brewing After Strong Base Formation 🍌🚀 Trade Setup: Long (Max 20x Leverage) Entry Zone: 0.00950 – 0.00965 SL: 0.00915 TP1: 0.01020 TP2: 0.01080 TP3: 0.01150 Move S

Cardano launched the public testnet for the Leios scaling protocol today, June 23, as ADA traded at a five-year price low. The upgrade targets scaling Cardano from 4.5 KB/s to 200 KB/s. Input Output p

Ripple received preliminary approval for a CASP license in Luxembourg, and the authorization covers the 30-country EEA. Final CSSF approval remains pending before Ripple becomes fully MiCA-compliant. 

Ripple Secures Preliminary MiCA License in Luxembourg

Global memory chip prices are expected to rise significantly in the third quarter of 2026, driven by continued demand for artificial intelligence. Prices are projected to increase by around 40-50% compared to the previous quarter. This upward trend is likely to persist through the second half of 2026 and potentially into 2027. A further increase of 30-40% is forecast for the fourth quarter, resulting in two consecutive months of strong price growth. However, a downturn in prices may not occur until 2028, when increased production capacity and higher market supply could lead to a 15-20% decrease in average selling prices. The growth in memory chip prices is being fueled by the ongoing demand for AI technology

<div class="RichTextParagraph RichText" node-type="RichTextParagraph">
<span class="RichTextText" node-type="RichTextText"></span></div><div class="RichTextImage RichText" node-type="RichTextImage"><img src="https://d1x7dwosqaosdj.cloudfront.net/images/2026-06/d8e5c889655044d39ec3d5a375e5ead5.jpeg" width="1360" height="942"></div><div class="RichTextParagraph RichText" node-type="RichTextParagraph">
<span class="RichTextText" node-type="RichTextText">Global memory chip prices are expected to rise significantly in the third quarter of 2026, driven by continued demand for artificial intelligence. Prices are projected to increase by around 40-50% compared to the previous quarter. This upward trend is likely to persist through the second half of 2026 and potentially into 2027. A further increase of 30-40% is forecast for the fourth quarter, resulting in two consecutive months of strong price growth. However, a downturn in prices may not occur until 2028, when increased production capacity and higher market supply could lead to a 15-20% decrease in average selling prices. The growth in memory chip prices is being fueled by the ongoing demand for AI technology</span></div><div class="RichTextParagraph RichText" node-type="RichTextParagraph">
<span class="RichTextText" node-type="RichTextText"></span><span class="RichTextText" node-type="RichTextText"> </span><span class="RichTextText" node-type="RichTextText"></span></div>

1$ Margin Trade

SpaceX IPO Unlock Timeline

A Panoramic View of the Solana Privacy Ecosystem: The Complete Privacy Stack from Computation to AI

The 'Chip' Challenge and Breakthroughs in China's Optical Industry Chain

Ethereum Advances Glamsterdam Upgrade Ahead of Planned 2026 Launch

Cursor's New 1.5T Model Abandons Kimi Foundation, $60 Billion Stock Swap for Cursor, Musk's First Move Targets Microsoft's GitHub

3B Small Model's Programming Scores Rival Opus 4.5, Mysterious Model Sparks Heated Discussion, Turns Out to be Domestic

Breaking: Google Gemini Co-Head Poached by OpenAI

Intel CEO Liwu Chen's First Podcast Interview: Our Goal is '10x in 5-10 Years', Betting on Advanced Packaging, Glass Substrate, and Synthetic Diamond

Optical Chips: Collective Capacity Expansion

Google's AI Talent Loss: A Stress Test or a Prelude to an 'Obituary'?

Article

Tutti i commenti0RecentePopolare

Temi di tendenza