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IREN Acquires Mirantis for AI Cloud Expansion

IREN Acquires Mirantis for AI Cloud Expansion 5

IREN Limited has announced an agreement to acquire Mirantis in an all-stock transaction valued at approximately $625 million. This strategic acquisition aims to integrate a software and services layer into IREN’s artificial intelligence cloud business, marking a significant pivot from…

a16z Closes $2.2B Crypto Fund

a16z Closes $2.2B Crypto Fund 7

Venture capital giant Andreessen Horowitz (a16z) has just announced a significant capital injection, raising a formidable $2.2 billion for its fifth crypto-focused fund. While this figure is less than their record-breaking $4.5 billion fourth fund from 2022, a16z asserts this…

Ripple CEO: Critical Weeks Ahead for Crypto Laws

Ripple CEO: Critical Weeks Ahead for Crypto Laws 9

The passage of comprehensive cryptocurrency legislation in the United States faces a critical juncture, with Ripple CEO Brad Garlinghouse emphasizing the limited window for action. Garlinghouse stated that the upcoming weeks are essential for any such bill to progress, particularly…