Cryptocurrency

Shares in IREN recovered on Wednesday after the Bitcoin miner said it would raise $3.6 billion through a combination of share sales and a convertible debt offering as it races to deploy computers to meet the demand for artificial intelligence. IREN (IREN) jumped 7.6% to a peak of $44.25 during trading on Wednesday, and settled … Read more

The US state of Connecticut has hit Robinhood, Kalshi and Crypto.com with cease and desist orders, accusing the platforms of offering unlicensed sports betting through event contracts. The Connecticut Department of Consumer Protection (DCP) sent letters to the three platforms on Wednesday, claiming they were “conducting unlicensed online gambling, more specifically sports wagering,” with event … Read more