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Bit Digital Extends $100M Loan to WhiteFiber Using Ethereum Credit

Bit Digital is extending a $100M loan facility to a WhiteFiber subsidiary, expandable to $150M. Funding supports WhiteFiber’s growth in high-performance computing and AI infrastructure. Advances may be funded via Ethereum-denominated secured credit, maintaining ETH exposure. Bit Digital is leveraging its Ethereum holdings. The Nasdaq-listed business announced a $100 million...

Cynthia Lummis Says Crypto Could Suffer Without CLARITY Act

Software developers face prosecution risk just for publishing code if CLARITY Act fails. Democrats may withhold support without ethics rules banning officials from crypto trading. CLARITY Act competes for June floor time with housing, farm bill, and FISA deadline. United States Senator Cynthia Lummis warned that domestic blockchain innovation could...

Crypto Cards See 230% Monthly Volume Explosion Since 2025

Crypto card monthly volume surged 230% year-over-year to $7.8 billion. Visa captures about 90% of crypto card transactions through on-chain partnerships. Stablecoins drive adoption by letting users spend crypto like fiat via cards. Monthly payment volume on crypto-linked debit and credit cards has increased by around 230% over the previous...