CryptoInfrastructure

Eventra Market partnered with Presens Network to expand decentralised prediction market infrastructure using DEPIN technology.

Solmate Infrastructure announced an $11.4 million registered direct offering led by chief executive Ron Sade and board member Keren Maimon.

IG Group partnered with Bitpanda to expand spot cryptocurrency trading services for investors across Europe.

Syndicate Labs announced it is shutting down after five years of building infrastructure for customisable Ethereum rollups and sequencers, citing a sharp contraction in the layer-2 market.

Bitcoin miners are becoming increasingly important suppliers in the artificial intelligence infrastructure market because they already control scarce power capacity and grid-connected data centre sites, according to research from Bernstein.

Bitcoin rose above $82,000 on Thursday after the US Senate Banking Committee advanced the CLARITY Act, boosting investor optimism around clearer cryptocurrency regulation in the United States.

Goldman Sachs said a baseline forecast for artificial intelligence infrastructure spending could reach $7.6 trillion, although the final cost will depend heavily on factors including how quickly AI chips become obsolete and whether older hardware can be reused for simpler inference tasks.

MARA Holdings shares fell after the Bitcoin miner disclosed a $1.26 billion first-quarter net loss and confirmed it sold nearly $1.5 billion worth of Bitcoin during the period.

Digital asset platform Bakkt reported a first-quarter net loss of $11.7 million as crypto services revenue plunged 77% amid weaker digital asset trading activity.

JPMorgan raised its bullish target for KOSPI to 8,500, implying roughly 37% upside from April levels as artificial intelligence demand fuels a boom in South Korea’s semiconductor industry.

Core Scientific reported a $347.2 million first-quarter net loss as the company accelerated its transition from Bitcoin mining toward AI-focused infrastructure and colocation services.

Zama said its full confidential blockchain protocol stack is now live and available for integration as the company pushes fully homomorphic encryption technology deeper into public blockchain infrastructure.