
How a crypto startup allegedly siphoned 470,000 Binance users to build a $4 billion card empire
Binance’s $473 million lawsuit alleges RedotPay diverted 470,000 users as stablecoin firms race to control cards and checkout.
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The 16-year agreement could transform its business, provided a $500 million build stays on schedule.

Most of Hut 8's balance is dedicated to project construction and debt service, while quarterly interest expense reached $51.2 million.

Cipher sold 1,619 BTC at a $47.7 million realized loss in the first half, while its new rent ramp remains undisclosed.

Canaan authorization allows asset sales but reports no transaction, leaving current buyback capacity and available liquidity unresolved.

The company parked $76 billion in money funds and government securities while AI spending exploded but its 18,712 BTC balance stayed flat.

A Bitcoin breakout above $69,000 could open a thinner supply zone toward $84,000, but Friday’s jobs report and weak ETF demand may decide whether the move holds.



