Day: January 16, 2026

Bitcoin Miner Riot Platforms Deepens AI/HPC Push with Texas Land Deal

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The deal followed Riot announcing last week that it sold more than $160 million of its Bitcoin holdings as part of a strategy shift, to broaden use of its data centers. Shares of Riot Platforms jumped more than 11% after the crypto miner said it sold Bitcoin to help finance a land acquisition in Texas. In a Friday notice, Riot said the $96 million deal for 200 acres of land in Rockdale, Texas was funded entirely by the sale of about 1,080 Bitcoin (BTC). The miner also signed a data…

Polygon Axes 30% Workforce, Eyes Stablecoin Domination Post-Acquisitions

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What’s behind the latest lay-off spree? Polygon Labs has carried out another round of layoffs. The company has reportedly cut around 30% of its workforce as it restructures and pivots toward stablecoin-based payments, according to multiple posts and disclosures from affected employees on the social media platform X. While Polygon Labs has not publicly disclosed the exact number of roles eliminated, its CEO, Marc Boiron, later confirmed the workforce reduction in a public statement. Brutal 30% Cuts The latest job cuts appear to be part of an organizational reset…

ZachXBT uncovers $282M BTC and LTC theft laundered through Monero

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Key Takeaways A victim lost more than $282 million in Bitcoin and Litecoin in a hardware wallet social engineering attack. The stolen funds were laundered via Monero, which reached a new all time high near $800 during the week, a few days after the incident. Share this article A victim lost more than $282 million in Bitcoin and Litecoin on January 10 due to a hardware wallet social engineering scam, according to blockchain investigator ZachXBT via his official Telegram channel. The attacker gained control of the victim’s wallet and began…

What Does It Mean for BTC Price?

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Bitcoin (BTC) slipped into its deepest undervaluation against gold (XAU) on Friday, reviving expectations of a potential capital rotation away from the precious metal and back into cryptocurrency markets in 2026. Key takeaways: Bitcoin is at a record undervaluation versus gold, a level historically linked to major BTC bottoms. Past gold-led cycles favor a bullish outlook for BTC price in 2026. Bitcoin will “massively outperform gold” in 2026 The undervalued reading came from the BTC–XAU ratio’s Z-score, a metric that measures how far the current ratio deviates from its long-term…

XMR Hits New ATH, BTC Stopped at $98K, Senate Delays Crypto Structure Bill: Your Weekly Recap

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BTC already fell by almost four grand since its local peak. It has been another eventful week, as the cryptocurrency markets have reacted to the latest developments on the US front and the controversy its leader continues to stir around the world. Last weekend was highly dull as bitcoin remained flat at $90,500. Its first revival signs emerged on Sunday evening when the asset tapped $91,000 and even $92,000 on Monday. It was stopped twice there, but the bulls were more persistent and broke above that resistance on Tuesday.…

Elon Musk’s X back online following massive global outage

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Key Takeaways The social media platform X, owned by Elon Musk, experienced a major outage, affecting tens of thousands of users. The disruption occurred on Friday morning and peaked at more than 56,000 reports by 10:12 a.m. ET, according to DownDetector.com. Share this article Elon Musk’s social platform X returned to service after widespread disruption on Friday morning. Data from DownDetector.com, which tracks real-time user complaints, shows the outage peaked at more than 56,000 reports around 10:12 a.m. ET. Users reported being unable to load timelines, post updates, or access…

Simplified crypto casino with 10K+ titles and 24/7 support

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Share this article JB.com is a crypto-first gaming platform offering casino, sports betting, and lottery products under one account. The platform is designed for crypto community players, with fast crypto withdrawals, 24/7 support, regular promotions, and a catalog of original in-house casino games. The brand is expanding its reach through sports partnerships, including a 2025 sponsorship as Principal Partner of the Barbados Royals cricket team. JB.com is owned and operated by Zozo Technology B.V., a Curaçao‑registered company licensed by the Curaçao Gaming Authority. This license provides a recognized regulatory framework…

Mingo Secures Exclusive 54-Country Ticketing Deal on Hedera

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[PRESS RELEASE – Gibraltar, Gibraltar, January 16th, 2026] MINGO today announced the launch of MINGO Tickets, its digital ticketing platform, alongside its expansion across 54 countries. Designed to make event access verifiable and reliable, the platform improves the fan experience while giving organisers greater confidence and control over ticketing. Live event ticketing continues to face major challenges worldwide, from ticket fraud and duplicated access to high fees and poor fan experiences. As demand for live events grows globally, organisers are under increasing pressure to adopt systems that are secure, scalable,…

Bitcoin is Still in Bear Market Territory Below $101,000, Says Research

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Bitcoin market research warned that BTC faced another bear market in 2026 if it was unable to reclaim its yearly moving average. Bitcoin (BTC) bulls risk a reality check as BTC price action mimics the 2022 “bear market rally.” Key points: Bitcoin “appears” to be at the start of another bear market as price remains below its yearly moving average. The latest rebound makes clearing the trendline at $101,000 all the more important. Exchange inflows show sellers exiting in advance throughout this week. Bitcoin bear market risk remains below $101,000…

Belarusian President signs order establishing framework for crypto banking

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Key Takeaways The President of Belarus has formalized rules for crypto banks through a new decree. Only firms residing in the High-Tech Park and registered with the National Bank can operate as cryptobanks. Share this article Belarusian President Alexander Lukashenko has signed a decree establishing a legal framework for cryptobanks in the country. The decree, issued on Friday, is intended to establish Belarus as a hub for financial technology, specifying that cryptobanks are joint-stock companies permitted to integrate traditional banking and payment services with activities involving digital tokens. Under the…