Crypto & Fintech
Democrats Win Congress, Putting Elizabeth Warren in Line for Senate Banking
Seventeen to one. That is roughly how much more Core Scientific earned last quarter renting data center space to AI customers than it made mining bitcoin. By January it plans to stop mining altogether. In Washington, voters handed both chambers of Congress to Democrats, and one of crypto’s loudest Senate critics is now in line…
HIVE’s BUZZ HPC Borrows $129 Million Against a $225 Million AI Contract
Nine percent, fixed, for three years. That is what HIVE Digital Technologies agreed to pay on a $129 million loan signed October 27. Two days later, roughly $6.3 billion drained out of Binance and bitcoin slid to a six-week low of $76,368. HIVE intends to repay its new loan from an AI computing contract, not…
Neptune Digital Assets Turns Its SpaceX Stake Into Option Income
Neptune Digital Assets paid roughly US$20 a share for its SpaceX stake. It is now selling other investors the right to buy part of it at US$206. On the other side of the market, one compromised laptop at Binance just turned into a $6.3 billion problem. Neptune Digital Assets Now Holds 112,000 Free-Trading SpaceX Shares…
VersaBank Starts US Commercial Phase for VUSD Tokenized Deposits
On October 1, VersaBank said it was the bank minting and burning Roughrider Coin, a live dollar token built for more than 90 North Dakota banks and credit unions. Two weeks later, its founder predicted a rapid migration away from tokens like that one. The forecast came attached to a product of his own. VersaBank…
VersaBank Opens US Commercial Phase for Its VUSD Tokenized Deposits
In August 2025, VersaBank told investors its US subsidiary would ask the Office of the Comptroller of the Currency (OCC), the federal regulator of national banks, for a “non-objection” before going commercial. On October 15, 2026, it said the commercial phase had begun. The announcement never mentions the OCC. VersaBank USA to Issue VUSD, Its…
BitFuFu Warns Its 80 MW Ethiopia Mining Deal May Not Close
About 13,700 BitFuFu mining machines sit at an Ethiopian site whose owner is in a payment fight with its power supplier. The supplier set a ten-day deadline on September 28 and threatened to take the site’s collateralized equipment. Bitcoin briefly slipped below $80,000 on Thursday, its first time there in almost a month. Europe picked…
CFTC Opens Comment on Regulation CAM for Leveraged Retail Crypto Trading
America has exactly one state-owned bank. It was chartered in 1919, and it now settles payments between local lenders using a stablecoin. A Canadian bank’s U.S. arm mints every coin. In Washington, the CFTC started writing crypto trading rules without waiting for Congress. VersaBank Becomes Issuer of Bank of North Dakota’s Roughrider Coin VersaBank (TSX:…










