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Meet the Sealminer A2: Bitdeer’s New ASIC in the Bitcoin Mining Arena
26.10.2024
This week, Bitdeer (Nasdaq: BTDR), a publicly listed firm in bitcoin mining and rig production, unveiled its latest product: the Sealminer A2. Bitdeer claims this machine clocks in at an impressive 226 terahash per second (TH/s) with a sleek energy efficiency of 16.5 joules per terahash (J/T)....
WSJ Report Claims Tether Faces US Federal Inquiry on Alleged AML Charges
25.10.2024
According to an exclusive report by the Wall Street Journal, the U.S. federal government is allegedly examining the cryptocurrency and stablecoin company Tether for potential breaches of sanctions and anti-money-laundering regulations, according to unnamed sources close to the investigation. This...
8 Months of Inactivity, Then Millions Withdrawn: What’s Going on With the US Government’s Seized Crypto?
24.10.2024
Blockchain monitoring firm Arkham Intelligence has reported that the U.S. government recently initiated a significant transaction, withdrawing $5.4 million from the decentralized finance (defi) platform Aave. This transfer marks the first activity on this specific government-linked address in eight...
Kraken Set to Dive Into Blockchain Waters With Its Own Chain, ‘Ink’
24.10.2024
Kraken is setting its sights on launching its own blockchain next year, much like Coinbase’s Base chain, according to a report from Bloomberg’s Olga Kharif. The new network, which is focused on decentralized finance (defi), is expected to release a testnet later this year. Reportedly...
Bitcoin Bull Michael Saylor Clarifies Stance on Self-Custody Amid Backlash
23.10.2024
Following the backlash from his earlier comments regarding custody providers and self-custody, Michael Saylor turned to X to clarify that he does not oppose self-custody. During an earlier interview, Saylor had minimized the role of self-custody, stating, “I think that when the bitcoin is held by...
AI-Crafted Meme Coin GOAT Defies Market Expectations With Massive Comeback
23.10.2024
In the latest market data, the artificial intelligence (AI)-crafted meme coin goatseus maximus (GOAT) has made quite the leap, climbing 51.3% in just the past 24 hours and soaring by an impressive 144% over the last week. This week, goatseus maximus (GOAT), an AI-created meme coin, has been on...
Ripple’s Chris Larsen Pledges $10M in XRP to Back Kamala Harris’s Campaign
21.10.2024
Chris Larsen, a well-known figure in the world of American business and angel investing, is making headlines once again. This time, the co-founder of multiple Silicon Valley tech ventures, including Ripple, has pledged a whopping $10 million to support Kamala Harris’s campaign....
Over 700 Exahash—Bitcoin’s Hashrate Shatters All-Time Records
21.10.2024
Bitcoin’s network hashrate has hit a groundbreaking peak of 725.88 exahash per second (EH/s) for the very first time in its history. Imagine this: 725 quintillion hashes are being crunched every second to secure the network. That’s an astronomical number! Over the past year, from Oct. 20, 2023,...
Trump’s World Liberty Financial Token Sale Kicks Off: 644M Tokens Sold
16.10.2024
On Tuesday, former President Donald Trump announced on X that the “World Liberty Financial token sale is now live.” He added that “crypto is the future” and urged everyone to adopt “this incredible technology.” At the moment, the price for one WLFI token...
Tesla Makes a Surprise Bitcoin Move: $225M in BTC Transferred After 2 Years
15.10.2024
Elon Musk’s Tesla has moved bitcoin (BTC) for the first time in two years, according to onchain data discovered by Arkham Intelligence. The transaction was carried out in three separate batches, transferring a total of around 3,385 BTC—equivalent to approximately $225...
Blockstream Completes $210 Million Convertible Note Financing Round
15.10.2024
Blockstream, a bitcoin infrastructure firm, announced on Tuesday the successful closure of a $210 million convertible note financing round, led by the investment firm Fulgur Ventures. According to the firm, the funds will be directed toward accelerating the adoption and development...
Bitcoin Hits $67.9K Mark, Short Positions Liquidated in Wake of Price Climb
15.10.2024
At 9:35 a.m. EDT on Tuesday, bitcoin reached a peak of $67,922. By 10:20 a.m., it was still riding high, trading between $66,905 and $67,101, marking a nearly 3% increase. This uptick pushed bitcoin’s seven-day gains to 6.7% against the U.S. dollar. According to recent data...
Metaplanet Buys 106 BTC, Total Holdings Now Valued at $56M
15.10.2024
Metaplanet, a company listed on the Tokyo Stock Exchange, has once again expanded its bitcoin (BTC) reserves. On Monday, the firm revealed the purchase of 106.976 BTC for approximately ¥1 billion. This acquisition comes shortly after a similar buy last week, where 108.99 BTC was added to...
Trump Takes Significant Lead Over Harris in Polymarket Odds for 2024 Election Win
10.10.2024
On Thursday, betting activity on Polymarket indicated that former President Donald Trump has pulled ahead of Vice President Kamala Harris in the race for the 2024 election. As of press time, Trump’s odds stand at 55.8%, with Harris trailing at 43.7%. This shift in favor of Trump has been observed...
Bitcoin Hits $64K Mark on Monday, Crypto Market Sees $200M in Liquidations
7.10.2024
On Monday, Oct. 7, bitcoin (BTC) reached an intraday peak of $64,444, giving traders plenty to buzz about. By the end of Monday’s trading sessions, BTC had gained 2% against the U.S. dollar. The global crypto trading scene saw an impressive $92.617 billion in volume, with bitcoin grabbing...
US Targets Lazarus Group and APT38 in $879M Crypto Forfeiture Complaint
6.10.2024
Offshore Alert reporter David Marchant disclosed the United States has initiated two forfeiture complaints related to previously confiscated bitcoin (BTC) and tether (USDT), alleging that these funds were snatched by the notorious North Korean hacking groups Lazarus Group and Advanced Persistent...
HBO Documentary Claims to Reveal the True Identity of Bitcoin’s Creator Satoshi Nakamoto
3.10.2024
According to a Politico report, a new HBO documentary claims to have cracked the mystery behind Bitcoin’s elusive creator, Satoshi Nakamoto. If this revelation gains traction, Politico’s Izabella Kaminska stated it could send ripples through global financial markets. Kaminska further...
Ex-Alameda CEO Caroline Ellison Receives 24-Month Sentence
24.9.2024
On Tuesday, Sept. 24, 2024, Caroline Ellison, the former CEO of Alameda Research, was sentenced to 24 months in prison after admitting to her involvement in several crimes. The courtroom banned cameras, video, and phone recordings during the sentencing. Even though the judge commended her in court...
Blockfi Receives $250M USDC Deposit, Sparking Hopes for Creditor Repayments
23.9.2024
Onchain data reveals that Blockfi, a now-bankrupt crypto lending firm, received a hefty $250 million deposit (1, 2) to one of its flagged addresses, as reported by Arkham Intelligence. The news was shared on X at 12:43 p.m. EDT on Monday. “Blockfi received $250M in USDC from Coinbase Prime...
Ethereum Foundation Cashes Out: 300 ETH Sold in Latest Move
20.9.2024
The AI-powered sleuth Spot On Chain dropped a bombshell on X today: the Ethereum Foundation just offloaded 300 ETH, pocketing a cool 763,092 DAI. “Overall, since the beginning of September, the Ethereum Foundation has sold 950 ETH ($2.27M) at an average price of $2,392, with sales occurring...