Amazon is investing over $13 billion in expanding AI and cloud infrastructure in Australia, including new solar farms and data centers nationwide.
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Analysts point to a combination of crypto and macro-specific factors, paired with the “seasonal patterns” of summer illiquidity as the main reasons for slowing investor appetite.
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US crypto funds marked their fifth consecutive week of positive inflows, fully recovering from a $7 billion sell-off in February and March.
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Tether’s US Treasury holdings and gold reserves helped the stablecoin issuer absorb the downside volatility of the cryptocurrency market during the first quarter of 2025.
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Web3 fund ABCDE halts new investments and fundraising to support existing projects and launch its new crypto incubator, Vernal.
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Upbit and Bithumb will compensate investors $2.5 million after service outages caused by a surge in crypto activity during South Korea's martial law declaration.
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