Day: 27 February 2026

TeraWulf Revenue Climbs 20% in 2025 as AI Infrastructure Pivot Deepe

TeraWulf reported a 20.3% year-over-year revenue increase for the fiscal year ended December 31, 2025, reaching $168.5 million as the company aggressively transitions from Bitcoin mining to high-performance computing (HPC).  Despite the revenue growth, the Nasdaq-listed firm recorded a significant net loss of $661.4 million for the year, compared to ...

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Jack Dorsey Slashes Workforce as AI Reshapes Block Inc.

Block Inc. is cutting roughly 40% of its workforce in a sweeping restructuring that underscores how artificial intelligence is rapidly redefining corporate operations. Chief executive Jack Dorsey said the decision was driven by the company’s accelerating adoption of internal “intelligence tools,” which he believes fundamentally change how companies are built ...

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Digital Prime Brokerage Gains Ground in Crypto Markets

Institutional demand for digital assets is accelerating, yet concerns over market structure and counterparty risk continue to limit large-scale participation, according to Ripple. Industry participants are increasingly calling for a Digital Prime Brokerage model to address structural weaknesses embedded in today’s exchange-driven crypto ecosystem. Unlike traditional foreign exchange markets, where ...

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