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Bitcoin miner Ionic gets 90% of revenue from AI lease as BTC drives $35M loss
Straight-line lease recognition and an August rent start leave cash conversion as the next test. The post Bitcoin miner Ionic gets 90% of revenue from AI lease as BTC drives $35M loss appeared first on CryptoSlate .

Bitdeer signs $400M AI cloud computing deal for Malaysia facility
Bitdeer expects revenue from the five-year agreement to begin in early 2027 as it builds toward 350 megawatts of AI cloud capacity by 2028.

Flock's New AI Police Tool Can Track Drivers Without a Name or License Plate
The underlying code for "OS Investigate" has 69 preloaded AI prompts that turn Flock cameras into a super-charged surveillance system that identifies people by how they move.
Meme News
Aug 19, 10:20 PM
Bitcoin’s $69,000 breakout now hinges on yields after Fed warns more tightening may be needed
Bitcoin ran from around $64,100 to nearly $70,000 within hours on Aug. 19, once the US Treasury unexpectedly doubled its planned buybacks of long-dated government debt. The move pushed bond yields lower and forced roughly $1.4 billion of crypto short positions out of the market in just four hours. Treasury said it would raise the [...] The post Bitcoin’s $69,000 breakout now hinges on yields after Fed warns more tightening may be needed appeared first on CryptoSlate .
Meme News
Aug 19, 10:18 PM
Bitcoin's Sharpest Rally in Five Months Flips Markets From Bearish to Coin Flip
Bitcoin's steepest daily gain since March caught traders off guard, and Myriad's pump-or-dump market swung from 70-30 odds to nearly even in a single day.

Trump Says AI Could Be 'Bigger Than the Internet' as He Pushes Light-Touch Regulation
The president said the U.S. is far ahead of China in artificial intelligence and defended the rapid construction of data centers and power plants needed to fuel the industry.

Solana is slashing per-block compute limits so its new 350ms speed boost doesn't overload the network
The draft cuts per-slot limits as slots shorten, squeezing leader handoffs and off-chain timing without raising the theoretical CU-per-second ceiling. The post Solana is slashing per-block compute limits so its new 350ms speed boost doesn't overload the network appeared first on CryptoSlate .

Coinbase's Base Is Betting Big on AI Agents With $1 Million Startup Accelerator
Base is narrowing its accelerator to 10 startups as it looks for teams building AI agents, payments, trading, and financing products.

US commodities regulator imposes 5-year trading ban on ex-Alameda, FTX execs
The consent orders ended the CFTC’s case against two former crypto executives after FTX and Alameda agreed to $12.7 billion in disgorgement and restitution payments in August 2024.

Chinese InsurTech Firm Zhibao Adds 2,380 Bitcoin in $154.7M Treasury Pivot
The Shanghai-based InsurTech firm closed a $154.7 million private placement funded entirely in crypto, with investors contributing Bitcoin directly rather than cash.

200,000 fake AI ‘victims’ deployed to scam bait online fraudsters
Apate’s 200,000 fake AI ‘victims’ are so good at scam baiting, the company has a monthly KPI for how many F-bombs scammers drop at the infuriating bots.

Ripple just scored two major institutional wins but XRP traders are bracing for a bigger move
On Aug. 18, Ripple deepened its push into traditional finance, securing a South Korean banking deal as its prime brokerage raised $275 million. The crypto payment company revealed that South Korea's Jeonbuk Bank became the country's first regional lender to deploy Ripple Payments for cross-border business transfers, replacing SWIFT-based correspondent-bank transfers that can take days [...] The post Ripple just scored two major institutional wins but XRP traders are bracing for a bigger move appeared first on CryptoSlate .