Tag: Pivots

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Ethereum Foundation pivots away from Poseidon in post-quantum plan

Advances in compact proofs have erased Poseidon’s previous performance advantage, according to researcher Justin Drake.

Base creator Jesse Pollak pivots after admitting social strategy failed

Coinbase’s Jesse Pollak said he is stepping back from leading the Base app after acknowledging that his bet on an onchain social economy failed...

CleanSpark Signs $6.6 Billion Data Center Lease As Bitcoin Miner Pivots To Compute

CleanSpark, the Nasdaq-listed bitcoin miner, said on July 14 that it has signed a 20-year infrastructure lease with an unnamed high-investment-grade global...

SBI Holdings’ blockchain initiative pivots to Solana for tokenization, stablecoin issuance

Japanese asset giant SBI Holdings' (8473) blockchain initiative is turning to Solana for its stablecoin and real-world asset (RWA) tokenization efforts.SBI Solana Global, previously...

Nasdaq listed Korean Media firm that once wanted to buy 10,000 bitcoin sells all its BTC, pivots to AI

It is moving from a weak position. Shares closed near 16 cents on June 29, and Nasdaq has twice warned the company this year...

Matter Labs Cuts Staff, Pivots Fully to Institutional Privacy Platform Prividium

Matter Labs CEO Alex Gluchowski announced layoffs and a full strategic pivot on Tuesday, committing the company behind zkSync entirely to Prividium, its institutional...

Movement pivots to stablecoin payments as the layer-2 boom loses momentum

Movement, a project originally designed to link blockchains built using the Move programming language with Ethereum, is pivoting toward cross-border payments, remittances and dollar...

MicroStrategy Pivots From Bitcoin, Buys Bonds in Unexpected Move

MicroStrategy's Michael Saylor announced the company purchased bonds this week despite holding 843,738 BTC worth $65 billion, signaling a tactical shift in the corporate...

Trump family-backed American Bitcoin’s costs dropped 23% in Q1 as mining industry pivots to AI

The Trump brothers' bitcoin mining venture cut its cost per coin by nearly a quarter in three months, going against industry trends.American Bitcoin (ABTC)...

OKX Pivots to Activity-Driven Stablecoin Yield with Native Katana DeFi Integration

As Washington continues to battle over the legality of stablecoin rewards, major cryptocurrency exchange OKX has integrated with Katana, a DeFi-first chain incubated by...

Core Scientific to Sell 2,500 Bitcoin as Company Pivots Toward AI

Core Scientific expects to sell most of its 2,500 BTC holdings in Q1 2026 to strengthen liquidity and fund AI-focused data center expansion. The...

MARA Stock Jumps After $1.71B Loss, Firm Pivots To AI

Shares of MARA Holdings climbed 13% in premarket trading Friday, even after the Bitcoin miner reported a $1.71 billion net loss for...