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Galaxy Digital pivots Helios site from Bitcoin mining to AI computeCryptocurrency
07.07 · 13:20

Galaxy Digital pivots Helios site from Bitcoin mining to AI compute

A former Bitcoin mining site in West Texas has officially entered the artificial intelligence race. Galaxy Digital confirmed the completion of the first phase of its Helios data center, delivering 133 megawatts of critical power to CoreWeave under a long-term lease that marks the campus's transition into a revenue-generating facility.

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Japan Process Development Reports Annual Profit Dip Amid Revenue Growth
07.07 11:15 · Market Quotes

Japan Process Development Reports Annual Profit Dip Amid Revenue Growth

Japan Process Development Co. Ltd. recorded a net profit of 1.14 billion yen for the fiscal year ending May 31, falling short of the 1.48 billion yen reported in the previous period. Despite the bottom-line contraction, the firm saw its annual revenue climb to 12.12 billion yen from 10.47 billion yen.

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Kraken sues former auditor Mazars for $22 million
07.07 13:02 · Finance faces

Kraken sues former auditor Mazars for $22 million

A retired judge has awarded Kraken $22 million in damages after the exchange’s former auditor, Mazars USA, abruptly terminated its services in 2023. Kraken’s parent company, Payward Inc., is now moving to enforce the arbitration award, claiming the sudden withdrawal triggered a damaging licensing crisis during a period of intense regulatory scrutiny.