Author: Cointelegraph by Nate Kostar

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Three Years After FTX collapse, Crypto Industry Still Feeling the Impact

When FTX filed for bankruptcy on Nov. 11, 2022, it sent shockwaves throughout the crypto world, erasing billions in market liquidity and shattering confidence in centralized exchanges. The dramatic collapse became a turning point for the digital asset industry, triggering calls for stronger transparency and reactions from regulators. Three years after the exchange’s collapse, transparency…
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Bitdeer Q3 Revenue Jumps 174% as Shares Drop Nearly 20%

Shares of Singapore-based Bitcoin miner Bitdeer Technologies fell nearly 20% on Monday after the company reported a jump in quarterly losses. Bitdeer recorded a net loss of $266.7 million for the third quarter of 2025, compared with a net loss of $50.1 million for the same period a year ago, largely due to non-cash losses…
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My First Bitcoin Ends El Salvador Program, Shifts to Global Focus

My First Bitcoin, a Bitcoin education program founded in El Salvador, has ended its collaboration with the country’s Ministry of Education and will transition from running local classes to supporting global Bitcoin education initiatives.  The organization has educated more than 27,000 students in person about Bitcoin (BTC) — primarily in El Salvador — and now…
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Brevan Howard, Galaxy, Weiss back Canaan’s $72M Bitcoin mining raise

The mining hardware maker said it’s refocusing on its core business of ASIC chip design and high-performance computing equipment as it scales production in the United States. Source link

MARA and Hut 8 profits surge in Q3 as US Bitcoin mining expands

Bitcoin miners MARA Holdings and Hut 8 posted strong third-quarter results on Tuesday, with both reporting sharply higher profits and expanding Bitcoin reserves.   MARA’s revenue climbed 92% year-over-year to $252 million in the third quarter of 2025, swinging from a $125 million loss to $123 million in net income over the period, while Hut…
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MARA and Hut 8 profits surge in Q3 as Bitcoin reserves grow

The companies saw profits and Bitcoin reserves increase in the third quarter of 2025 as they moved further into high-performance computing and energy development. Source link

CleanSpark Expands Power Capacity, Secures Texas Site for AI Push

Bitcoin miner CleanSpark expanded its power capacity by 28% in October as part of a broader push beyond crypto mining into artificial intelligence and high-performance computing (HPC). The US-based company said it had acquired 271 acres near Houston, Texas, securing 285 megawatts of long-term power for a dedicated AI data center. The move marks one…
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New Hampshire delays crypto mining deregulation bill amid public concerns

A vote from the Senate Commerce Committee on a bill aimed at deregulating crypto mining in New Hampshire was split on Thursday, after senators reported public feedback on the bill had surged since it was last debated. After being deadlocked twice, once on advancing the bill and again on rejecting it, the committee ultimately voted…
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Quantum Computing Still Years from Threatening Bitcoin, Says VC Amit Mehra

Although still in its “infancy,” quantum computing could pose a threat to Bitcoin and other proof-of-work algorithms in the near future, according to Amit Mehra, a partner at venture capital firm Borderless Capital. When asked what trends Borderless Capital was following, Mehra, speaking to Cointelegraph at Global Blockchain Congress Dubai 2025, said the company was …
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Jane Street stakes drive rally in Bitfarms, Cipher and Hut 8 shares

Shares of crypto miners rallied on Friday, with Bitfarms, Cipher Mining and Hut 8 extending gains after trading company Jane Street disclosed sizable positions in all three Bitcoin mining companies. Filings submitted to the US Securities and Exchange Commission on Thursday show that Jane Street’s trading affiliates own roughly 5.4% of Bitfarms, 5% of Cipher…
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