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APIA, Samoa, Oct. 11, 2025 /PRNewswire/ — Phemex, the most efficient crypto exchange, today announced the launch of its Market Confidence Campaign, a global initiative designed to support traders during the current market downturn. Crypto markets have experienced broad declines across major assets in the past week, driven by macroeconomic uncertainty, deleveraging pressures, and weakening risk appetite. In response, Phemex is introducing practical incentives and cost-saving measures to help users maintain disciplined strategies and long-term confidence amid volatility. Running from October 11 to October 31, 2025, the campaign supports both new and existing users through incentives that promote disciplined participation…

Introduction: Redefining the Future of Crypto Earnings The cryptocurrency realm is constantly changing, and being ahead is not possible without coins, but it is necessary to have an approach, knowledge, and creativity. Bitcoin has begun the digital financial revolution, but this time around, websites such as SJMine are taking it to a new whole new level. SJMine has revolutionized the relationship that people have in the crypto market by turning daily news information into tangible, quantifiable gains. It is no longer a mining platform but a smart ecosystem that will allow everyone to easily earn in crypto and ensure it…

Canaan Inc. (NASDAQ: CAN), a leading innovator in cryptocurrency mining, has reported a significant increase in mining efficiency and operational advancements for September 2025. The company noted a record high in its deployed hashrate, reaching 9.30 EH/s, and an increase in its cryptocurrency treasury to 1,582 BTC and 2,830 ETH, according to PR Newswire. Mining Efficiency and Expansion Under the leadership of CEO Nangeng Zhang, Canaan has continued to optimize its mining operations. The deployment of next-generation bitcoin mining machines has enhanced efficiency in North America to 19.7 J/TH. This strategic move is part of Canaan’s broader commitment to operational…

A tightening U.S. power grid is driving bitcoin BTC$117,372.80 miners and AI developers into closer alignment, according to Wall Street broker Bernstein. Soaring demand from AI and digital workloads has made grid access one of the biggest constraints on new data center growth, with interconnection timelines stretching to seven years in some regions, the broker said in a report on Friday.Miners, who secured large renewable power contracts years ago, now control more than 14 gigawatts (GW) of capacity and offer AI providers a shortcut to scale, analysts led by Gautam Chhugani wrote.Sites owned by IREN (IREN) and Riot Platforms (RIOT)…

Solana (SOL) treasury companies are following the trend set by Bitcoin (BTC) and Ether (ETH), whose adoption by public companies has boosted stock prices and graced media headlines.Digital asset treasuries (DATs) list on public markets, buy crypto, then work to grow tokens per share. The pitch is simple for traders who want to gain crypto exposure through a brokerage account, offering upside that can outpace spot prices.Exchange-traded funds (ETFs) also provide crypto exposure for investors nowadays, but DATs can hit the market faster. Additionally, premiums and discounts to net asset value (NAV) create embedded leverage without liquidation concerns, which allows…

Kalshi, a U.S.-licensed prediction market supervised by the Commodity Futures Trading Commission (CFTC), has secured $300 million in new capital, bringing its valuation to $5 billion, according to The New York Times.The news describes the rapid ascent of prediction markets from niche financial experiments to global investment-grade platforms attracting major institutional capital. Kalshi recently raised $300M+ at $5B from Sequoia, a16z, Paradigm and others.Since then, we’ve grown over 3x, hit $50B of annualized volume, and became the largest prediction market in the world.And today…Kalshi goes global.140+ countries. 1 liquidity pool. pic.twitter.com/Z2myzRw9bA— Tarek Mansour (@mansourtarek_) October 10, 2025 Prediction Markets Enter…

Binance’s BNB Smart Chain (BSC) has once again outperformed all other blockchains in terms of activity, primarily fueled by a surge in memecoin trading. This increased activity has propelled BNB, the chain’s native gas token, to new all-time highs, overtaking XRP in market capitalization and solidifying its position as a top three cryptocurrency, according to galaxy.com. Memecoin Trading Drives BSC Growth Memecoin trading has been a key factor in driving decentralized exchange (DEX) volumes on BSC. The chain has seen its daily fees skyrocket from below $500,000 in August to over $5 million, marking a more than 1,000% increase. This…

Blockchain security firm PeckShield reported Friday that a wallet suffered a devastating loss of roughly $21 million worth of crypto assets on Hyperliquid, a decentralized trading platform.According to PeckShield, the theft stemmed from a private key compromise, allowing an attacker to drain the victim’s funds in a single swift move.The hack was isolated and was targeted towards the victim’s wallet, not HyperLiquid itself.The stolen assets PeckShield claims included approximately 17.75 million DAI and 3.11 million MSYRUPUSDP, both of which the hacker has since bridged to Ethereum.Onchain data shows that the attacker’s wallet executed a series of transactions to move the…

Shuffle, a leading crypto betting platform, suffered a data breach after its third-party customer service provider was compromised, exposing the data of most of its users.According to a Friday X post from Shuffle founder Noa Dummett, the company’s customer relationship management (CRM) service provider, Fast Track, suffered a data breach that exposed its users’ data. Shuffle used the service in question for “programmatic email sending and various communications with users,” suggesting that those messages and email addresses were likely among the exposed data.“Unfortunately, it seems that their breach has impacted the majority of our users,” Dummett wrote. He said that…

Bitfarms Ltd., a prominent North American energy and digital infrastructure company, has successfully converted its existing private debt facility from Macquarie Group into a project-specific financing agreement worth up to $300 million. This move is aimed at accelerating the development of its data center campus in Panther Creek, Pennsylvania, according to a report by GlobeNewswire. Project Financing for HPC/AI Development The financing arrangement includes an additional $50 million draw, leading to a total of $100 million being drawn through closing. This capital is earmarked for accelerating equipment purchases and advancing high-performance computing (HPC) and artificial intelligence (AI) infrastructure development at…