Arkham Intelligence says bitcoin mining operations linked to the UAE's Royal Group are sitting on roughly $344 million in unrealized profit, excluding energy costs. Arkham attributed about 6,782 BTC to wallets connected with UAE royal-linked mining activity, valuing the holdings at approximately $453.6 million at the time of analysis. The firm said the implied profit reflects the difference between current bitcoin prices and estimated production costs, though it noted the figure does not account for electricity and operational expenses.
Claroty - $150M Series F CYBERSECURITY Claroty, an end-to-end cybersecurity platform for industrial applications, has raised $150M in Series F funding led by Golub Growth. Founded by Amir Zilberstein, Benny Porat, and Galina Antova in 2015, Claroty has now raised a total of $890M in reported equity funding. Cubby Storage - $63M Series A Cubby Storage, a property management platform for storage operators, has raised $63M in Series A funding led by Goldman Sachs Alternatives. Cubby Storage was founded by Adam Fleming in 2021.
"We continue to investigate the root cause for the network connectivity issues," wrote Amazon Web Services (AWS) late Monday morning. Coinbase acknowledged the impact of the AWS outage on its services. "Many online services, including Coinbase, experienced issues," a spokesperson said in a statement to Fortune. "Coinbase services have recovered. Some older asset transfer requests are still pending, which we are investigating."
