NEAR AI Discloses SGLang Security Incident and Revokes Exposed API Keys
TL;DR: NEAR AI has published a security incident report involving an SGLang vulnerability in legacy deployments. The company says it revoked exposed credentials and addressed the issue, while acknowledging that some requests could have been observed. Its findings distinguish confirmed exposure from data it has no evidence was accessed. A security disclosure from NEAR AI…
BitGo Posts $44M Quarterly Profit as Platform Assets Grow, But Adjusted EBITDA Stays Negative
TL;DR: BitGo reported roughly $44.1 million in third-quarter net income even as adjusted EBITDA remained negative at about $4.3 million. Assets on its platform rose to $59.9 billion on the company’s normalized measure. The headline revenue figure includes substantial direct costs, so it should not be treated like a conventional software sales number. BitGo’s third-quarter…
HIVE Reports $84.9M Revenue as AI GPU Business Grows 71% Amid Mining Pressures
TL;DR: HIVE Digital reported $84.9 million in fiscal second-quarter revenue and roughly 71% growth in its AI-focused BUZZ GPU business. The company also recorded a substantial quarterly loss, including a mining-equipment impairment. The results show both the promise and cost of shifting computing capacity toward AI services. Bitcoin miners have spent much of 2026 trying…
HTX Releases October Performance Report: Spot Liquidity Significantly Enhanced, APY Boosts Help Users Through a Warm Winter
Since the start of Q4, the crypto market has continued to weaken amid volatility. Major asset prices have pulled back from their highs, and market participants have become more cautious. As the market cools, HTX has focused its efforts on solidifying its trading fundamentals and offering diverse yield generation pathways. In October, HTX saw a…
Bitdeer Revenue Jumps 89% to $320.7M as AI Backlog Grows Despite Quarterly Loss
TL;DR: Bitdeer posted record third-quarter revenue of $320.7 million, up 89% year over year, while reporting a $125.5 million net loss. Its stated AI-cloud backlog approached $2.9 billion, highlighting demand potential but not revenue already earned or cash already collected. Bitdeer has delivered one of the clearest examples yet of a Bitcoin mining business trying…
eToro Q3 Profit Drops 74% as Crypto Trading Activity Slows
TL;DR: eToro reported third-quarter net income of about $15 million, down from $57 million a year earlier, as crypto-related activity weakened. Its funded-account base continued to grow, highlighting the difference between attracting customers and generating trading revenue from them in any particular quarter. A trading platform can gain users even when the market becomes less…
Exodus Reports $8.3M Quarterly Loss as Wallet Platform Expands Payments Business
TL;DR: Exodus reported third-quarter revenue of around $32.5 million, up 7%, while swinging to an $8.3 million net loss from a profit a year earlier. The wallet company’s expansion into payments and card infrastructure adds a new commercial opportunity but also increases the importance of integration costs and execution. Exodus built its brand around software…
Arca Opens to Everyone, Paying People for the AI Sessions They’d Otherwise Throw Away
After invite-only early access, the desktop app from the team behind Brevis is now open to anyone on Mac and Windows. HONG KONG, November 11, 2026: Arca, a new desktop app from the team behind Brevis, opened to the public today. Arca pays people for the AI sessions they’d otherwise throw away. It finds…
ARK Invest Trims Block and Bullish Positions as Bitcoin ETF Outflows Continue
TL;DR: Disclosed ARK Invest trading activity points to sales of shares in crypto-linked companies Block and Bullish alongside changes elsewhere in its portfolios. A fund manager selling shares is not the same as investors redeeming money from a spot Bitcoin ETF, and the trades should not be treated as a categorical forecast for crypto prices.…
Former Cointelegraph CEO Joins Phase as Co-Founder and CEO
The appointment follows the launch of Phase’s Layer 1 blockchain mainnet and AI agent services, backed by $45 million in founder funding. SAN FRANCISCO, November 11, 2026 — Phase, a technology company building the operating layer for the AI agent economy, today announced that Yana Prikhodchenko, former CEO of Cointelegraph, has joined the company as…