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Meet the Sealminer A2: Bitdeer’s New ASIC in the Bitcoin Mining Arena


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


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...

Kraken Set to Dive Into Blockchain Waters With Its Own Chain, ‘Ink’


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


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


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...

Over 700 Exahash—Bitcoin’s Hashrate Shatters All-Time Records


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


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...

Blockstream Completes $210 Million Convertible Note Financing Round


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...

Metaplanet Buys 106 BTC, Total Holdings Now Valued at $56M


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...

Bitcoin Hits $64K Mark on Monday, Crypto Market Sees $200M in Liquidations


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


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...

Ex-Alameda CEO Caroline Ellison Receives 24-Month Sentence


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


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


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...

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