The wire

Suzuki Plans to Halve New-Car Development Cycles and Lift R&D Efficiency 30% by 2030

ITHome, Sept. 25 — Citing Reuters, Japanese automaker Suzuki Motor said Friday (Sept. 25) that it plans to cut development cycles for new models in half by around 2030 from a fiscal 2020 baseline, while broadly improving R&D and production efficiency. In a statement, Suzuki said it aims to raise R&D efficiency by 30% and production efficiency by 50% by 2030. The automaker also plans to expand its annual production capacity in India to 4 million to 4.99 million vehicles in fiscal 2030 or later. Further reading: Suzuki Motor is a Japanese automaker whose India business is mainly run by its subsidiary Maruti Suzuki (M...

Nearly $352M Moved From Crypto Exchange Bitget Wallets in Suspected Hack

Bitcoin Magazine Nearly $352M Moved From Crypto Exchange Bitget Wallets in Suspected Hack Crypto exchange Bitget detected unauthorized transfers and has temporarily halted withdrawals. This post Nearly $352M Moved From Crypto Exchange Bitge…

SEC Commissioner Hester ‘Crypto Mom’ Peirce Advocates Privacy-Preserving Tech

Bitcoin Magazine SEC Commissioner Hester ‘Crypto Mom’ Peirce Advocates Privacy-Preserving Tech The outgoing regulator took aim at how regulators collect crypto users’ data. This post SEC Commissioner Hester ‘Crypto Mom’ Peirce Advocates Pri…

New York Sues Polymarket, Calling Prediction Market an Illegal Gambling Operation

Bitcoin Magazine New York Sues Polymarket, Calling Prediction Market an Illegal Gambling Operation Attorney General Letitia James and Governor Kathy Hochul allege Polymarket operates without a license in a new complaint. This post New York…

Brooklyn Man Sentenced to 12 Years for $16M Coinbase Phishing Scam

Bitcoin Magazine Brooklyn Man Sentenced to 12 Years for $16M Coinbase Phishing Scam Ronald Spektor, 23, who lived with his father, used social engineering to steal funds from Coinbase customers. This post Brooklyn Man Sentenced to 12 Years…

Saifedean Ammous: The Bond Crisis & Bitcoin’s Rise as a True Macro Asset

Bitcoin Magazine Saifedean Ammous: The Bond Crisis & Bitcoin’s Rise as a True Macro Asset Falling volatility is Bitcoin's most bullish signal right now, according to Saifedean Ammous. This post Saifedean Ammous: The Bond Crisis & Bitcoin’s…

Jeff Booth: Why $1 Million BTC is Thinking too Small

Bitcoin Magazine Jeff Booth: Why $1 Million BTC is Thinking too Small Jeff Booth says a $1 million Bitcoin price target is thinking too small. Here is why valuing Bitcoin in debased fiat currency uses a rigged system. This post Jeff Booth:…

Institutions Held Their Bitcoin Through Crash — and Some Bought More: Report

Bitcoin Magazine Institutions Held Their Bitcoin Through Crash — and Some Bought More: Report New research finds bitcoin has become the one crypto asset big investors agree on. This post Institutions Held Their Bitcoin Through Crash — and S…

Anthropic strikes $9B compute deal with Bitcoin miner Riot: Report

Anthropic reportedly struck a $9 billion deal with Riot for 191 megawatts of capacity from the Bitcoin miner’s Rockdale campus in Texas.

Keel shuts US Bitcoin mining operations as Q2 revenue falls 50%

Keel completed the shutdown of its US Bitcoin mining operations as it pivots toward AI and high-performance computing infrastructure

Bitcoin Traders Brace for $15B Options Expiry as Bulls Eye $100,000

Bitcoin Magazine Bitcoin Traders Brace for $15B Options Expiry as Bulls Eye $100,000 There are more bitcoin bets on higher prices ahead of Friday’s expiry. This post Bitcoin Traders Brace for $15B Options Expiry as Bulls Eye $100,000 first…

Brent Johnson: BTC the Best “Pure Play” Asset for Rising Global Liquidity

Bitcoin Magazine Brent Johnson: BTC the Best “Pure Play” Asset for Rising Global Liquidity Is Bitcoin money or the ultimate liquidity play? Santiago Capital’s Brent Johnson shares why BTC, digital assets, and stablecoins are built to last.…

Bloomberg’s James Seyffart: Why Trillions in Advisor Wealth Could Flow Into Bitcoin

Bitcoin Magazine Bloomberg’s James Seyffart: Why Trillions in Advisor Wealth Could Flow Into Bitcoin Trillions in advisor wealth remain on the sidelines. Bloomberg analyst James Seyffart explains how strict wirehouse rules still cap Bitcoin…

Former CFTC Commissioner Giancarlo: Why Rate Hikes Could Benefit Bitcoin

Bitcoin Magazine Former CFTC Commissioner Giancarlo: Why Rate Hikes Could Benefit Bitcoin Former CFTC Chair Chris Giancarlo explains why BTC serves as digital gold and a future currency anchor. This post Former CFTC Commissioner Giancarlo:…

[[alloc] init] Releases Shielded Bitcoin Proposal For Private Bitcoin Transactions

Bitcoin Magazine [[alloc] init] Releases Shielded Bitcoin Proposal For Private Bitcoin Transactions Shielded Bitcoin, a proposal from [[alloc] init], would enable Bitcoin transactions with strong privacy. This post [[alloc] init] Releases S…

Celsius-linked Bitcoin miner Ionic Digital gains 26% in Nasdaq debut

The Bitcoin miner and AI infrastructure company closed at $62.90, giving it a market capitalization of about $2.8 billion after its direct listing.

Tennessee county passes another ban on crypto operations

A group of 12 county commissioners voted unanimously to ban mining facilities and data centers in unincorporated areas as it deals with a lawsuit by a digital asset company.

Bitdeer increased Bitcoin mining output by nearly fivefold in Q2

Bitdeer mined 2,694 BTC in Q2, but ended the quarter holding just 150 BTC after liquidating its treasury earlier this year.

Bitcoin Price Slips While US Treasury Yields Soar, Oil Prices Climb

Bitcoin Magazine Bitcoin Price Slips While US Treasury Yields Soar, Oil Prices Climb Treasury yields soared on Wednesday to their highest level since 2007 while bitcoin’s price slumped. This post Bitcoin Price Slips While US Treasury Yields…

Hut 8 refinances Bitcoin-backed loan with $200M FalconX deal

The Bitcoin miner said the FalconX facility lowers its fixed interest rate to 7% and releases about 3,300 BTC from collateral restrictions.

Core Scientific posts $347M loss as AI hosting overtakes Bitcoin mining

Core Scientific mined 279 BTC in the quarter, down 45% from a year earlier, while its colocation business became its top revenue source.

TeraWulf doubles AI revenue but posts $427M quarterly loss as mining income declines

TeraWulf’s HPC lease revenue jumped 117% quarter-on-quarter to $21 million, but a $427 million net loss highlights the costs of transitioning from Bitcoin mining to AI infrastructure.

Seven major Bitcoin mining pools join Stratum V2, working group

The Stratum V2 working group aims to improve mining-pool communication and give individual miners more control over block templates.

CleanSpark shares slide after reporting $378M fiscal second quarter loss

CleanSpark posted a $378.3 million net loss in its fiscal second-quarter results, more than double the prior year, with nearly 60% tied to Bitcoin price declines.

Bitcoin miner Canaan posts $88.7M net loss in Q1 amid BTC decline

Canaan’s Q1 results were dragged down by a $25 million inventory write-down and a 75% quarterly drop in equipment sales as Bitcoin prices retreated from their highs.

Bitcoin miner MARA spent $4.3M on CEO security in 2025 as crypto attacks rise

MARA spent $4.3 million on CEO Fred Thiel’s security in 2025, including vehicle armoring, as crypto wrench attacks increased globally.

Georgia targets illegal crypto mining in Mestia crackdown: Report

Georgia will reportedly install electricity meters across Mestia to curb illegal crypto mining after officials blamed miners for grid strain and outages.

Bitcoin miners are pivoting to AI, so why is the hashrate near ATHs?

Bitcoin miners are pivoting to AI infrastructure for billions in new revenue, but the network’s hashrate continues to tread near record highs.

CFTC Chair Selig Says Regulator Is Preparing for ‘24-7, On-Chain’ Markets

Bitcoin Magazine CFTC Chair Selig Says Regulator Is Preparing for ‘24-7, On-Chain’ Markets Mike Selig has said that the CFTC is looking forward to “exciting” crypto and AI markets as the agency presses on without the Clarity Act. This post…

The Quantum Issue: You Never Really Know The Future

Bitcoin Magazine The Quantum Issue: You Never Really Know The Future From The Quantum Issue: Shinobi considering why it might actually be possible a viable quantum computer is built in the near future. This post The Quantum Issue: You Never…

NYSE and Blockchain.com Working Together To List Tokenized Stocks

Bitcoin Magazine NYSE and Blockchain.com Working Together To List Tokenized Stocks NYSE and other Wall Street giants are increasingly eyeing up Bitcoin and its related tech to debut new products. This post NYSE and Blockchain.com Working To…

Bitcoin falls to $84,000, down 2.2% intraday

On Sept. 23, market data showed Bitcoin falling to $84,015.20, down 2.23% over the past 24 hours. Ether fell to $2,651.76, down 3.22% over the same period.

Raiffeisen Bank International to Roll Out Bitcoin Services Across Europe in Expanded Bitpanda Deal

Bitcoin Magazine Raiffeisen Bank International to Roll Out Bitcoin Services Across Europe in Expanded Bitpanda Deal The Austrian firm is the latest European bank to roll out crypto trading. This post Raiffeisen Bank International to Roll Ou…

Bitcoin miner IREN enters Europe with Nostrum acquisition as AI pivot accelerates

The acquisition adds about 490 megawatts of secured power in Spain as IREN expands beyond Bitcoin mining and builds its European AI cloud platform.

Crypto lobby urges Congress to pass staking and mining tax bill as is

A trio of crypto lobby groups says a bill allowing staking and mining rewards to be taxed when they’re sold should be passed without further amendments.

Kazakhstan president signs decree to accelerate crypto adoption

Kazakhstan targets gas-powered electricity for mining, income tax exemptions for regulated crypto transactions and cross-border stablecoin payments in a new decree signed by the president.

TeraWulf eyes $3.5B debt raise for Anthropic-linked data center: Report

Bitcoin miner TeraWulf is reportedly seeking $3.5 billion in debt financing led by Morgan Stanley for its Kentucky data center campus leased by AI company Anthropic.

Hobby-level miner bags $200K solo BTC block with budget Bitaxe rig

A solo Bitcoin miner secured a $200,000 block reward with a budget mining rig, pushing payouts to hobby-level miners to $4.7 million for the past year.

Foundry asks Bitcoin miners to vote on BIP-110 support

Foundry USA asked its mining customers to signal their support for BIP-110, an actively debated proposal seeking to shrink the amount of data that can be stored in a Bitcoin transaction.

Kazakhstan approves strategic crypto mining rules tied to national reserve

Kazakhstan plans to require miners to meet strict infrastructure standards and transfer part of their mined crypto assets to a state-backed reserve under new rules.

Bernstein says Bitcoin mining deals necessary for AI power crunch

Bernstein analysts remain bullish on the Bitcoin mining sector, as deals with third-party providers will be necessary to address the computing power limits of AI data centers.

Bitcoin mining pool Poolin files for Chapter 11 bankruptcy

Bitcoin miner Poolin filed for Chapter 11 bankruptcy and initiated a $52 million sale of its two West Texas mining sites as part of its future creditor recovery program.

Bitcoin-backed loan refinances PowerCompute’s $18M debt at 2%

Nasdaq-listed PowerCompute refinanced $18 million of debt through a Bitcoin-backed facility carrying an initial interest rate of about 2%.

CleanSpark misses Wall Street revenue estimates as shares sink

CleanSpark’s shares fell 5.5% on Thursday after the Bitcoin miner reported $138 million in quarterly revenue, narrowly missing Wall Street’s consensus estimate.

Bitcoin miners earn under 0.7% of revenue from fees in new 10-year low

Bitcoin miners showed a “concerning” trend of pivoting to AI amid a profit squeeze as transaction-fee income barely bounced from 10-year lows of 0.52% of revenue.

Cypherpunk launches Zcash mining fleet controlling 18% of network hashrate

The $33.3 million Winklevoss Capital deal expands Cypherpunk’s ZEC strategy as it targets 5% ownership of the cryptocurrency’s circulating supply.

Crypto Biz: Treasury’s ‘Not-QE’ playbook sends Bitcoin higher

Bitcoin rallied as Treasury bond buybacks fueled the “not-QE” trade, while Metaplanet expanded to the US and Cypherpunk made a $33 million Zcash mining bet.

Dave Weisberger on Why Bitcoin FOMO Hasn’t Even Started Yet

Bitcoin Magazine Dave Weisberger on Why Bitcoin FOMO Hasn’t Even Started Yet CoinRoutes’ Dave Weisberger explains why ending Bitcoin's 100% bank collateral haircut will be bigger for institutions than ETFs or MSTR. This post Dave Weisberger…

Assessing the Quantum Threat to Bitcoin w/ Shinobi

Bitcoin Magazine Assessing the Quantum Threat to Bitcoin w/ Shinobi The quantum threat to Bitcoin is no longer purely theoretical, so what would an actual attack look like on chain? This post Assessing the Quantum Threat to Bitcoin w/ Shino…

BTC Market & Institutional Adoption Forecast with UTXO’s Daniel Hinton

Bitcoin Magazine BTC Market & Institutional Adoption Forecast with UTXO’s Daniel Hinton Daniel Hinton breaks down why trading in a 24/7 global market with no clearinghouse means Bitcoin truly "plays on hard mode. This post BTC Market & Inst…

BitGo CEO Mike Belshe: Why Dollar Debasement Fuels the K-Shaped Economy

Bitcoin Magazine BitGo CEO Mike Belshe: Why Dollar Debasement Fuels the K-Shaped Economy BitGo CEO Mike Belshe breaks down why tokenization is about expanding access, fixing a settlement system built during Wall Street’s 1960s paper crisis.…

Bitcoin’s Bull Run Is Back — and the Data Agrees

Bitcoin Magazine Bitcoin’s Bull Run Is Back — and the Data Agrees The Bitcoin price's move above its 365-day average marks the end of bear market, says CryptoQuant. This post Bitcoin’s Bull Run Is Back — and the Data Agrees first appeared o…

Bitcoin Investors Buy Nearly $1B in BTC ETFs as Bull Market Returns

Bitcoin Magazine Bitcoin Investors Buy Nearly $1B in BTC ETFs as Bull Market Returns The Bitcoin bulls are back — if ETF flows are to be believed. U.S. bitcoin exchange-traded funds received $999 million in new investment on Monday, accordi…

White Hats Move Over $4.5 in Bitcoins From Coldcard to Recovery Trust

Bitcoin Magazine White Hats Move Over $4.5 in Bitcoins From Coldcard to Recovery Trust White hats have moved bitcoin from the hacked Coldcard signing devices to a trust for would-be victims to reclaim, Galaxy Digital’s Alex Thorn has said.…

No Bitcoin Payments in Russia — But the Digital Ruble Is Open for Business

Bitcoin Magazine No Bitcoin Payments in Russia — But the Digital Ruble Is Open for Business Russia's digital ruble is part of developing a "fast and independent" payment infrastructure, according to the country's prime minister. This post N…

Jim Bianco: Macro Outlook, The 4th Turning and Bitcoin Adoption

Bitcoin Magazine Jim Bianco: Macro Outlook, The 4th Turning and Bitcoin Adoption The Fed just hiked for the first time in more than three years, and Jim Bianco of Bianco Research says the bond market had been signaling this was necessary fo…

Jeff Walton: How Strive Supercharged its Bitcoin Buying Strategy

Bitcoin Magazine Jeff Walton: How Strive Supercharged its Bitcoin Buying Strategy Strive was one of the best performing stocks in the Russell 2000 over the past month, and Chief Risk Officer Jeff Walton says the company is on pace to double…

CME Group to launch Bitcoin Cash and Uniswap futures, with listing planned for Oct. 19

Now Accepting Bitcoin: Shortwave Coffee Bitcoin Enabled Across 3 States

Bitcoin Magazine Now Accepting Bitcoin: Shortwave Coffee Bitcoin Enabled Across 3 States Discover how Shortwave Coffee Bitcoin payments went live across 3 states after a grassroots push by local bitcoiners following Square's nationwide term…