Short-Seller Kerrisdale Targets Riot Crypto Miner’s ‘Flawed’ Model

Kerrisdale Capital Management LLC, known for its short-selling strategies, has set its sights on Riot Blockchain Inc., criticizing its business model as flawed in...

Core Scientific Soars on AI Deal and $1B Buyout Offer

Core Scientific (NASDAQ:CORZ), a Bitcoin mining company, saw its shares surge up to 40% in pre-market trading following a significant AI deal with cloud...

Stradivarius Violin Secures $9M NFT Loan from Galaxy Digital

Digital assets firm Galaxy Digital has granted a multimillion-dollar loan to Yat Siu, the co-founder of Animoca Brands, using a unique collateral combination: a...

Robinhood Limits GameStop Trading After $175M ‘Roaring Kitty’ Bet

Robinhood (NASDAQ:HOOD) imposed buying restrictions on GameStop (NYSE:GME) shares late Sunday after the meme stock’s value surged following speculation that Keith Gill, known as...

NFT Sales Hit Lowest Point Since October

In May, global non-fungible token (NFT) sales witnessed a notable decline, totaling $604 million, marking the lowest monthly performance since October and the first...