Industry News

Tracks company news, strategic changes, funding activities, and personnel adjustments across the blockchain and crypto industries, delivering a full-spectrum industry overview for our users.

JPMorgan’s Bitcoin Move: How Institutions Are Moving Further Into BTC

JPMorgan Chase is exploring ways to deepen its exposure to Bitcoin and other digital assets by potentially offering cryptocurrency trading services to institutional clients. The internal review includes possible spot trading and derivatives linked to digital assets, though any rollout depends on client demand, risk assessments, and regulatory feasibility. This marks a significant shift for the firm, whose CEO Jamie Dimon has historically been a vocal Bitcoin critic. The move aligns with a more accommodating US regulatory environment under the Trump administration, including clearer guidelines for banks in crypto activities and appointments of officials seen as pro-crypto.

bitcoinist12/23 23:01

JPMorgan’s Bitcoin Move: How Institutions Are Moving Further Into BTC

bitcoinist12/23 23:01

From FTX fallout to fresh capital: Former US chief raises $35M for new exchange

Brett Harrison, former president of FTX US, has raised $35 million for his new derivatives exchange, Architect Financial Technologies. The platform targets institutional traders with services spanning derivatives, equities, futures, and digital assets. This follows a previous $12 million funding round in 2024. Architect recently received regulatory approval in Bermuda to offer perpetual futures tied to traditional assets like stocks and commodities. The company plans to expand into Europe and Asia-Pacific. The funding highlights continued venture interest in crypto-linked derivatives, which dominate crypto trading volume but also contribute to market volatility, as seen in recent large liquidation events.

cointelegraph12/23 21:37

From FTX fallout to fresh capital: Former US chief raises $35M for new exchange

cointelegraph12/23 21:37

Cipher enters US wholesale power market with Ohio data center acquisition

Cipher Mining has acquired a 200-megawatt power site in Ohio, marking its first expansion outside Texas and entry into the PJM wholesale electricity market. The site, expected to be operational by Q4 2027, is suitable for Bitcoin mining, high-performance computing, and data center use. This move addresses growing demand from hyperscalers like Amazon Web Services and Google Cloud. The acquisition reflects a broader trend of Bitcoin miners diversifying into power, data center, and infrastructure ventures amid ongoing pressure on mining profitability. Despite low hash prices, mining stocks have surged in 2025, with investors focusing on long-term strategic positioning rather than short-term Bitcoin production.

cointelegraph12/23 19:12

Cipher enters US wholesale power market with Ohio data center acquisition

cointelegraph12/23 19:12

Bitmine’s Ethereum Bet Explodes Past $12 Billion After Massive Buying Spree

BitMine Immersion Technologies has surpassed 4.066 million ETH in its corporate treasury, valued at over $12 billion, following a series of large-scale purchases. Recent acquisitions include nearly 98,850 ETH in one week and an additional 13,410 ETH worth around $41 million. The company’s total assets, including crypto, cash, and other investments, amount to roughly $13 billion. Market analysts note that such concentrated buying can significantly impact market supply. BitMine’s accumulation strategy is part of a long-term plan to hold a substantial portion of ETH supply, with the recent activity sparking increased trading in crypto-related stocks and institutional interest.

bitcoinist12/23 19:02

Bitmine’s Ethereum Bet Explodes Past $12 Billion After Massive Buying Spree

bitcoinist12/23 19:02

DWF Labs’ physical gold trade signals crypto capital’s move into commodities

DWF Labs, a cryptocurrency market maker, has expanded into physical commodities by settling its first gold transaction—a 25-kilogram gold bar—using traditional bullion infrastructure rather than blockchain. The company plans to scale this operation and trade additional commodities like silver, platinum, and cotton. This move contrasts with the broader crypto industry’s focus on tokenizing real-world assets and reflects a trend of crypto-native firms diversifying into traditional markets. The timing aligns with strong commodity performance, as gold prices hit record highs amid macroeconomic uncertainty, while crypto markets saw more muted gains. DWF Labs continues to invest in digital assets, including a $250 million Liquid Fund and a $75 million DeFi fund. Other firms like Coinbase are also expanding into legacy markets through tokenization and banking services.

cointelegraph12/23 18:42

DWF Labs’ physical gold trade signals crypto capital’s move into commodities

cointelegraph12/23 18:42

Bitcoin Hashrate Drop Puts Miner Pressure Back In Focus: Analysts

According to VanEck analysts, Bitcoin's hashrate declined 4% as of mid-December, a signal that has often preceded price gains historically. Data shows that when the 30-day hashrate fell, Bitcoin’s 90-day forward returns were positive 65% of the time. Longer-term, a 90-day hashrate drop led to 180-day positive returns 77% of the time, with an average gain of 72%. Miner economics are under pressure, with break-even power costs dropping significantly, forcing less efficient operators offline. Some capacity, particularly in China, has left the network. Meanwhile, rising AI compute demand may further reduce Bitcoin’s hashrate. Despite Bitcoin trading nearly 30% below its October high, miner capitulation has historically set the stage for price stabilization and future gains.

bitcoinist12/23 17:02

Bitcoin Hashrate Drop Puts Miner Pressure Back In Focus: Analysts

bitcoinist12/23 17:02

Crypto.com says market maker boosts liquidity, denies trading edge on customers

Crypto.com is establishing an internal market-making team to support its expansion into prediction markets, a move it states is fully compliant with regulations and designed to boost liquidity. The company denies its internal team has any unfair advantage, asserting it does not get a "first look" at customer orders or proprietary data. It emphasized that all market makers operate under the same rules to ensure fairness and that proprietary trading is not a revenue source. The practice is common among competitors like Kalshi and Polymarket, which also use market makers to provide liquidity.

cointelegraph12/23 16:38

Crypto.com says market maker boosts liquidity, denies trading edge on customers

cointelegraph12/23 16:38

THORChain Launches Native Cross-Chain Swap Interface in Public Beta

THORChain has launched the public beta of its native cross-chain swap interface at swap.thorchain.org. This first-of-its-kind decentralized exchange enables direct swaps of native digital assets—such as BTC, ETH, XRP, and others—across multiple blockchains without using wrapped tokens, bridges, or centralized exchanges. Key features include universal wallet compatibility, optional wallet connection, true native asset swaps, open-source architecture, and a streamlined user experience. The platform is designed to drive volume directly to THORChain while providing a trustless trading environment. The official launch is planned for Q1 2026, with plans to expand token support, improve the interface, and integrate additional protocol features based on community feedback.

TheNewsCrypto12/23 15:38

THORChain Launches Native Cross-Chain Swap Interface in Public Beta

TheNewsCrypto12/23 15:38

Justin Sun Watches $60M Vanish From WLFI Holdings as His Access Remains Locked

Justin Sun, an early and prominent backer of the WLFI token, remains unable to access his holdings, which have lost an estimated $60 million in value over three months. His wallet, along with 272 others, was frozen by the WLFI team in September over concerns of market manipulation, though no specific evidence was provided. While some wallets have since been unfrozen or migrated, Sun’s remains blacklisted without explanation. His 545 million WLFI tokens, once valued at over $130 million, are now worth around $74 million. The situation highlights the tension between WLFI’s decentralized branding and its centralized control, raising questions about governance and investor risk in crypto projects.

ccn.com12/23 15:37

Justin Sun Watches $60M Vanish From WLFI Holdings as His Access Remains Locked

ccn.com12/23 15:37

Crypto hack counts fall but supply chain attacks reshape threat landscape

New data from CertiK reveals that while crypto hackers stole $3.3 billion in 2025, the number of attacks fell sharply. Losses were concentrated in fewer, more damaging supply-chain attacks, which accounted for $1.45 billion across just two incidents, including the $1.4 billion Bybit hack. This shift indicates attackers are moving away from simple code vulnerabilities toward more sophisticated infrastructure-level exploits. The number of security incidents decreased by 162 year-over-year, suggesting improved protocol-level security. The median loss per hack fell 35.75% to $103,966, though the average loss rose to $5.3 million due to high-value outliers. Phishing scams were the second-largest threat, costing $722 million across 248 incidents. A significant subset was "pig butchering" romance scams, which used prolonged emotional manipulation and cost the industry $5.5 billion in 2024.

cointelegraph12/23 14:20