Canaan, Tether deepen partnership on immersion-cooled mining systems
Canaan secured a new order from Tether for immersion-cooled Bitcoin mining hardware, extending their partnership beyond 2025 R&D efforts. The custom hash board modules will operate at a Tether-linked South American facility, signaling Tether's deeper push into mining infrastructure. The deal includes options for additional purchases, reflecting industry trends toward integrated data center-style mining operations.
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Billionaire investor Paul Tudor Jones called bitcoin the "best inflation hedge" due to its fixed supply, surpassing gold. He warned U.S. equities are severely overvalued, with S&P 500 valuations echoing the 2000 dot-com bubble, predicting negative 10-year returns. A major correction could explode the federal deficit and damage bond markets through collapsed capital-gains tax revenues.
Lightspark Launches Grid Global Accounts, Targeting Fragmented Global Payment System
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CFTC sues Wisconsin in agency's legal campaign defending prediction markets authority
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