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Blockchain

EU moves to unify crypto oversight under ESMA


Today in crypto, the European Union is moving to expand its oversight of digital asset companies. Crypto funds saw strong inflows amid worries over the US government shutdown, and a Multicoin Capital executive said the Genius Act could finally give traditional banks a run for their money.

EU eyes crypto oversight under ESMA to end fragmented supervision

The European Union’s markets regulator is preparing to expand its authority to cover cryptocurrency exchanges and other operators, a move officials say would better align oversight with the bloc’s…



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by Cointelegraph

United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue for the third quarter increased 87% year-over-year to $50.6 million, with “digital asset revenue” making up $43.4 million, according to TeraWulf’s Q3 earnings report on Monday. In Q1, the company had reported a net loss, and in Q2, the miner’s revenue increased 34% year-over-year to $47.6 million.  “These increases were… Source link

by Tech In Asia

After the announcement, Iren raised its 2026 annual recurring revenue guidance from US$500 million to US$3.4 billion. Source link

by Tech In Asia

The company reported Q3 net profit of US$56.8 million, up from US$38.5 million a year earlier. Source link