Bitcoin miner TeraWulf is moving further into the artificial intelligence infrastructure race, signing a long-term data center deal with AI firm Anthropic and restructuring its ownership in a separate AI campus venture. The company said it expects the agreement to generate about $19 billion in contract revenue over 20 years. In a separate transaction, TeraWulf also announced plans to sell its majority stake in an AI data center joint venture in Texas, with proceeds intended for reinvestment into wholly owned AI infrastructure projects. Following the announcements, TeraWulf shares rose by roughly 12% in Monday morning trading, extending a year-to-date gain of about 107%, according to Yahoo Finance data at the time of writing. Key takeaways TeraWulf signed a 20-year data center lease with Anthropic, expected to bring roughly $19 billion in contract revenue. The Anthropic campus will be built at TeraWulf’s Justified Data site in Hawesville, Kentucky, with initial operations targeted f...
Ripple has received full authorization under the European Union’s Markets in Crypto-Assets (MiCA) framework after Luxembourg’s financial regulator granted the company a Crypto Asset Service Provider (CASP) license. The approval follows Ripple’s preliminary CASP approval earlier this year and, according to the company, completes its transition into the “post-transitional” MiCA regime. The CASP authorization, combined with Ripple’s existing Electronic Money Institution (EMI) license, allows the blockchain payments firm to provide regulated crypto-asset services across the European Economic Area (EEA) under EU rules. Key takeaways Ripple secured a CASP license in Luxembourg, completing its full MiCA authorization after preliminary approval in June. The authorization enables regulated crypto-asset services across the EEA, supported by Ripple’s existing EMI license. Ripple says it is among a relatively small group of firms fully authorized under MiCA. MiCA enforcement has begun acro...