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NORWALK, Conn., June 4, 2026 /PRNewswire/ — Bitmine Immersion Technologies, Inc. (NYSE: BMNR) (“BMNR,” “Bitmine” or the “Company”) today announced that, subject to market and other conditions, it intends to offer, in a public offering (the “offering”) registered under the Securities Act of 1933, as amended (the “Securities Act”), 3,000,000 shares of BMNR’s 9.50% Series A Perpetual Preferred Stock (the “Series A Preferred Stock”). BMNR intends to use the net proceeds from the offering for general corporate purposes, which may include the acquisition of additional ETH and other digital assets; the expansion of the Company’s staking and validator infrastructure, including…
Decentralized exchange edgeX has attributed a more than 40% collapse in its EDGE token to ‘deliberate’ market manipulation by an unnamed external party, a claim that onchain investigator ZachXBT has dismissed.Data from CoinMarketCap shows edgeX (EDGE) plunged from roughly $1.20 to an intra-day low of $0.3663 on Tuesday, a drop of around 70%. The token is currently trading at $0.6474, down by around 45% over the past day.In a post on X, the edgeX team acknowledged the sudden collapse in its native token, telling its community it had “observed a sudden and irregular price movement” and was actively investigating.In response,…
Wyoming Governor Mark Gordon has signed an executive order establishing a framework for developing data centers and advanced computing facilities, underscoring the state’s push to attract AI infrastructure investment as demand for computing power accelerates.In an order published Wednesday, titled “Data Centers the Wyoming Way,” Gordon directed state agencies to support the responsible development of large-scale data centers and other advanced computing projects. The framework emphasizes water and environmental sustainability, workforce development and protections for residential electricity customers.“This Executive Order applies to executive branch agencies involved in permitting, reviewing, regulating, supporting, or facilitating large-scale data center development within Wyoming,” the…
HOUSTON, Texas – June 3, 2026 – Blockware, a vertically integrated infrastructure platform spanning AI/HPC compute, Bitcoin mining, data center hosting, and marketplace liquidity, has named Megan Brooks-Anderson as its new Chief Executive Officer. The appointment follows the board’s removal of Mason Jappa from the role. Brooks-Anderson comes to the CEO seat after serving as Blockware’s Chief Strategy Officer, and is one of the architects of the very direction she’s now been tapped to execute. She brings more than 20 years of experience across Bitcoin mining, public and private company operations, risk management, M&A, and internal controls. Before Blockware, COO…
Ray Dalio says the AI bubble will burst, but not because the technology fails. The Bridgewater founder argues the real trigger comes when investors must convert paper wealth into cash. He made the case in a Bloomberg television interview, saying liquidity demands, not earnings or technology, decide when a bubble finally cracks. Why Wealth is Not the Same as Money Dalio draws a sharp line between wealth and money. A startup can reach a billion-dollar valuation after raising only $50 million. That figure counts as wealth, yet nobody can spend it. Money is what people actually spend. To reach it,…
Crypto winter looks different this cycle as capital rotates toward smaller assets with credible fundamentals instead. Bitwise Chief Investment Officer Matt Hougan said the “brutal” cryptocurrency market is no longer the “belle of the ball,” as digital assets are increasingly becoming a contrarian investment. In his latest memo, Hougan flagged three factors influencing the market, beginning with crypto’s struggle to attract investor enthusiasm as prices remain under pressure and momentum fades. On Contrarian Bet and Clarity Bitcoin is down 24% this year, while Ethereum has fallen 36%, Solana 40%, and XRP 32%. At the same time, exchange-traded funds have recorded…
Bitcoin price is holding a risky position near $65,000 Wednesday, down roughly 12% over the past seven days and trading at its lowest level since February as a broad rotation out of crypto into competing speculative trades chips away at the foundation of its recent bull run. The world’s largest cryptocurrency touched a bitcoin price of $64,987 earlier in the session before a partial recovery, but analysts and strategists say the weakness runs deeper than any single catalyst. The most popular explanation — that Strategy’s (MSTR) first bitcoin sale in four years triggered the slide — is being challenged by…
Franklin Templeton CEO Jenny Johnson has a straightforward explanation for why major financial institutions have been slow to embrace public blockchains: the technology destroys their fee-based revenue streams. Speaking at the Proof of Talk summit in Paris, Johnson — who oversees $1.74 trillion in assets at Franklin Templeton — told a panel audience that the resistance from traditional financial players is not about technology skepticism. It is about protecting the business model. Banks and intermediaries that collect transaction fees at every step of the settlement process stand to lose that income the moment a smart contract can handle the same…
Mahe, Seychelles, June 3rd, 2026, Chainwire Whale.io is excited to announce the official the launch of Whale Printer, an on-platform staking system for the native $WHALE token. The feature enables eligible token holders to lock $WHALE for fixed periods in exchange for predetermined token rewards. The staking system is structured around three lock-up periods, each associated with a fixed multiplier and corresponding annual percentage yield (APY): $WHALE Staking Yields Whale Printer offers three straightforward lock periods with impressive returns: 90 days (1.2x multiplier) — 107.8% APY 180 days (1.5x multiplier) — 129% APY 365 days (3x multiplier) — 200% APY…
Mexico City, Mexico, June 3rd, 2026, PlayNewswire The international crypto entertainment platform 1win has announced the addition of Ilia Topuria to its VIP community. The signing of the contract with the fighter became publicly known on June 2, 2026. Topuria becomes a new member of the global 1win VIP Community, the brand’s exclusive project that brings together prominent figures from sports, music, and entertainment industries. One of the most dominant fighters of his generation, Topuria remains undefeated with a professional MMA record of 17 wins and 0 losses. His excellence in sport will become a unique asset and source of…