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Blockchain

Eric Trump Explains Why The Trump Family Turned Towards Crypto.


Eric Trump, the son of US President Donald Trump, said the Trump family became pro-crypto after they were “debanked” in the aftermath of the Capitol attack incident in early 2021.

Several banks shut down hundreds of bank accounts related to The Trump Organization without providing a reason, Trump told The Wall Street Journal, which led to the group having to rely on regional banks before finding a new, unnamed bank, which they migrated to. 

“At that time, I realized how fragile the financial system was and how easily it could be weaponized…



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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

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