Tag: Data

Figure Technology Data Breach Exposes Customer Personal Information

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Figure Technology, a blockchain-based lending firm, was reportedly hit by a data breach after attackers manipulated an employee in a social-engineering scheme. The incident allowed hackers to obtain “a limited number of files,” a company spokesperson told TechCrunch. The company said it has begun notifying affected parties and is offering free credit-monitoring services to anyone who receives a breach notice. Details about the scope of the incident, including how many users were affected or when the intrusion was detected, were not disclosed publicly. Cointelegraph reached out to Figure for comment,…

Stablecoin Conversion Costs Highest in Africa, Data Shows

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Africa recorded the highest median stablecoin-to-fiat conversion spreads among tracked regions in January, according to data observed by payments infrastructure company Borderless.xyz, covering 66 currency corridors and nearly 94,000 rate observations. The regional median spread was 299 basis points, or about 3%, compared with about 1.3% in Latin America and 0.07% in Asia. In Africa, conversion costs ranged from about 1.5% in South Africa to nearly 19.5% in Botswana.  The data measures “spreads,” or the gap between a provider’s buy and sell rate for a stablecoin-to-fiat pair. Similar to a…

Nvidia CEO says AI data center spending will last 7–8 years amid $650B capex boom

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Nvidia CEO Jensen Huang pushed back on investor concerns about overbuilding data center capacity, calling the current wave of AI infrastructure spending both sustainable and necessary. “The demand is just incredibly high,” Huang said on CNBC, adding that the AI buildout will continue for seven to eight years. He characterized the effort as a “once in a generation infrastructure buildout.” The comments came as Nvidia shares rebounded sharply Friday, jumping as much as 7.5% in their biggest intraday gain since April. The rally added more than $300 billion in market…

Ether’s Technicals and Onchain Data Signals ETH Could Slip below $1.4K

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Ether (ETH) has fallen by 30% over the past seven days, sliding to $1,900 from $2,800. The drop was accompanied by a sharp decline in futures activity, with Ether’s open interest falling by more than $15 billion over the same period. Analysts are now focusing on the long-term technical zones and onchain indicators that may signal a major turning point for ETH price. Key takeaways: Ether has dropped 30% in seven days, slipping below the $2,000 psychological level. Yesterday’s ETH price crash now brings $1,000-$1,400 into focus. ETH drops with…

$2.9B Bitcoin ETF Outflow, Bearish Futures Data Project More BTC Downside

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Key takeaways: Heavy outflows from Bitcoin exchange-traded funds and massive liquidations show that the market is purging highly leveraged buyers. Bitcoin options metrics reveal that pro traders are hedging for further price drops amid a tech stock sell-off. Bitcoin (BTC) slid below $73,000 on Wednesday after briefly retesting the $79,500 level on Tuesday. This downturn mirrored a decline in the tech-heavy Nasdaq Index, driven by a weak sales outlook from chipmaker AMD (AMD US) and disappointing United States employment data.  Traders now fear further Bitcoin price pressure as spot exchange-traded…

Arnav Pagidyala: Ethereum and Solana will dominate the blockchain landscape by 2026, Robinhood is set to outpace Coinbase, and privacy-preserving KYC technologies will redefine data security

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Ethereum and Solana are set to dominate the blockchain landscape, challenging new competitors by 2026. Key takeaways Ethereum and Solana are expected to solidify their positions as the leading blockchain platforms by 2026, targeting different markets. The dominance of Ethereum and Solana will make it challenging for new smart contract chains to gain traction. By 2025, new general-purpose blockchain platforms will struggle to compete with Ethereum and Solana due to their established network effects. Solana is becoming increasingly popular among developers and consumers, indicating a shift in the blockchain space.…

Xapo Bank Data Shows Bitcoin-Backed Loans Skew Long-Term

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Bitcoin-backed borrowing at the Gibraltar-based Xapo Bank is increasingly being used for long-term financial planning rather than short-term liquidity, according to the bank’s 2025 Digital Wealth Report. Shared with Cointelegraph, the report says 52% of the Bitcoin-backed loans issued by Xapo in 2025 carried a 365-day term, with many of those loans remaining open even as new loan creation slowed later in the year. The bank, which primarily caters to high-net-worth individuals and private clients, said the trend reflects members using Bitcoin as collateral to unlock liquidity while preserving long-term…

SpaceX acquires xAI as Musk pitches orbital data centers ahead of $1 trillion IPO

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SpaceX has acquired xAI, Elon Musk’s artificial intelligence startup, according to a company memo that frames the deal as an effort to combine rockets, satellite internet, direct-to-mobile connectivity, and AI into a single vertically integrated platform. In the memo, Musk argues that AI scaling is constrained by the power and cooling demands of terrestrial data centers and pitches space as the long-term solution. The plan includes orbital data centers powered by near-constant solar energy. The memo describes using Starship to lift far more mass to orbit than current systems, enabling…

Here’s 4 Supporting Data Points

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Key takeaways: Bitcoin fell to $74,680 after futures market liquidations, yet derivatives data show no signs of panic or extreme bearishness. Spot Bitcoin ETF outflows reached $3.2 billion, but represent less than 3% of assets under management. Bitcoin (BTC) price plunged to $74,680 on Monday after a total of $1.8 billion in bullish leveraged positions were liquidated since the market downturn on Thursday. Traders moved into cash and short-term government bonds, especially after silver prices fell 41% over three days. Concerns over stretched valuations in the tech sector pushed investors…

US Winter Storm Hits Bitcoin Miner Production, Data Shows

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New data is providing a clearer picture of how January’s US winter storm affected Bitcoin mining operations, showing that daily production among publicly traded miners dropped sharply during the disruption. The storm swept across large parts of the continental United States, prompting miners to curtail operations amid grid stress, snow, ice and extreme cold, and highlighting how closely mining activity is now tied to energy market conditions. Daily production among publicly traded miners tracked by CryptoQuant typically averaged between 70 and 90 Bitcoin (BTC) in the weeks leading up to…