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Foundry founder and CEO Mike Colyer steps down after seven years at the helm of the Bitcoin mining pool operator.

BlockBeats news, October 8th, Bitcoin mining pool operator Foundry announced that its founder and CEO Mike Colyer is stepping down after seven years in the role. Over the next six months, he will remain at Foundry as a strategic advisor to assist with the company's transition and CEO selection process.

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On-Chain Activity

1h ago

'Machi' HYPE and PUMP long positions liquidated, Ethereum long position partially liquidated with total value dropping to $80 million

2h ago

Whale mk4 goes long on NEAR with high leverage, position return rate reaches 1320%

3h ago

Is the buy wall below BTC's current price not necessarily reliable? Large-scale absorption may struggle against long liquidation stampede.

3h ago

If ETH falls another 2.3%, it will trigger the liquidation of nearly $100 million in long positions for 'Machi'.

24H Important News

2026-10-08

Bitcoin falls below $82,000, down 1.67% in 24 hours

Tencent considers issuing up to $5 billion in offshore bonds to ramp up financing for AI investments.

U.S. pre-market news at a glance: Strategy to release Q3 earnings on October 29; Google launches Gemini Agent; Fed's Waller says further flexible rate hikes still needed.

U.S. initial jobless claims for the week ending October 3 were 197,000, compared with expectations of 200,000.

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