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Bitcoin Miner Riot Platforms Smart Energy Strategy Yields $31 Million in Savings
7.9.2023
Prominent Bitcoin (BTC) mining firm Riot Platforms has reported significant cost savings and operational achievements due to an innovative energy strategy that saved the firm around $31 million in August alone.
In a press release from Wednesday, CEO Jason Les announced that Riot achieved a...
Bitcoin Witnesses Second-Highest Daily Ordinal Inscription Count as Inscriptions Near 30 Million
7.9.2023
While Bitcoin-based nonfungible token (NFT) sales have declined, and the network has dropped to seventh out of 23 blockchains in sales this past month, Ordinal inscriptions continue unabated. The number of inscriptions linked to the Bitcoin blockchain is nearing 30 million. On September 3, a record...
Binance to reimburse users $1M for Cyber Earn incident
7.9.2023
Users were prevented from withdrawing their CYBER Earn assets on the exchange due to a cross-chain bridging issue
Crypto whale loses $24M in staked Ethereum to phishing attack
7.9.2023
A significant portion of the stolen funds has been transferred into the fully automatic cryptocurrency exchange FixedFloat
Chainlink Price Prediction as $200 Million Trading Volume Comes In – Are Whales Buying?
7.9.2023
The Chainlink price has risen by 1.5% in the past 24 hours, with its jump to $6.22 coming as the cryptocurrency market as a whole declines a little.
LINK is now up by 3% in the past week, with the altcoin bucking market trends by virtue of the recent news that payment network Swift has used...
Coinbase and Framework Ventures invest $5 million in Socket!
7.9.2023
The prominent digital currency trading platform Coinbase, which also has a division for venture capital, is collaborating with the reputable blockchain company Socket. The primary objective of this partnership is to enhance the cross-chain capabilities of Coinbase’s flagship products, Base...
Is It Too Late to Buy Kaspa? KAS Price Blasts Up 16% and LPX Token Surges Past $1.6 Million
7.9.2023
In a market defying display, new GHOSTDAG protocol Kaspa (KAS) has exploded +16% in a huge bounce from the lower trading channel, leaving traders asking is it too late to buy Kaspa?
Kaspa is a proof-of-work layer-1 blockchain that makes use of sophisticated 'GHOSTDAG' technology - which enables...
Marketing company wants 90% of Japanese population on Web3: KBW 2023
7.9.2023
Ava Labs head of product Nick Mussallem explained how Japanese company Loyalty Marketing is aiming to introduce Web3 to its 100 million users
Genesis Sues Parent Firm DCG Over $600 Million Loan Repayment
7.9.2023
Genesis Global Capital (GGC), a subsidiary of Digital Currency Group (DCG) based in New York, has initiated two lawsuits against DCG and its international arm, DCGI, aiming to secure the repayment of loans totaling $600 million.
Genesis, which declared bankruptcy in January this year following...
Bitcoin’s 21 Million Supply Cap: Immutable Truth or Future Flexibility?
6.9.2023
This week, the crypto community is abuzz with discussions about Bitcoin’s 21 million supply cap and the potential for its alteration. On September 4, in a social media exchange, software developer and Bitcoin Core contributor Peter Todd expressed his belief that in “10-20 years the idea of...
Riot Platforms says Texas energy strategy reduced production costs by $31M
6.9.2023
As Texas baked in the sun, Riot Platforms received two types of monetary credit for being attentive to the grid’s power needs
Lido DAO Receives Request for $1.5 Million Funding to Expand Solana Liquid Staking
6.9.2023
A group known as the P2P team has requested $1.5 million in funding from the popular staking provider Lido DAO to further develop Lido’s staking service for the Solana (SOL) network.
The request from the P2P team was published as a proposal on Lido DAO’s governance forum, with the team saying...
$21 Million in ‘Sleeping Bitcoins’ Awaken After Years of Dormancy
6.9.2023
Despite Bitcoin’s (BTC) price dipping 6.4% this week and hovering below the $26K mark, a flurry of activity was noted between September 5th and 6th as several substantial ‘sleeping bitcoins’ stirred. After a lull of slightly over six years, an individual splurged 359.92...
Is It Too Late to Buy NEO? NEO Price Blasts Up 7% and Crypto Startup Launchpad Raises $1.6 Million – Fundraise Ends Today
6.9.2023
Leading Chinese layer-1 smart contracts blockchain NEO has blasted up +7% following Flamingo Finance's cross-chain integration with Ethereum and Ontology.
Dubbed 'Chinese Ethereum' by Western traders, NEO has been on the climb since September 2, as price appears to be bouncing back from strong...
Blockchain Startup Story Protocol Secures $54 Million Funding Led by Andreessen Horowitz
6.9.2023
Story Protocol, a startup that uses blockchain tech to track intellectual property (IP), has secured more than $54 million in funding driven by venture capital giant Andreessen Horowitz (a16z) crypto....
Read More: Blockchain Startup Story Protocol Secures $54 Million Funding Led by Andreessen...
Synapse Token Price Plummets as Nima Capital Dumps 9 Million SNY Tokens – Community Suspects Rug Pull
6.9.2023
On September 5, the native token of Synapse (SYN), a decentralized finance (DeFi) cross-chain bridge, experienced a substantial price drop as an unidentified liquidity provider offloaded approximately 9 million SYN tokens and withdrew all stablecoin liquidity from the platform.
Synapse stands...
Lawyers Have Raked In At Least $700 Million From Major Crypto Implosions: New York Times Report
5.9.2023
Lawyers, accountants, and consultants make up professionals who have raked in over $700 million in fees following the collapse of several digital asset firms last year.
A new report by the New York Times shows how the unfortunate crypto incidents have led to an unexpected “financial bonanza”...
Bitcoin Defies Trend as Crypto Funds Experience $342 Million Outflow Streak
5.9.2023
Crypto-backed investment funds saw minor outflows totaling $11.2 million last week, marking the third consecutive week of outflows from the sector.
The overall outflows mainly came as a result of significant outflows from altcoin-backed funds, and in particular those backed by Polygon’s native...
Report Reveals 88,200 Millionaires Built Wealth Through Cryptocurrency
5.9.2023
A study by Henley & Partners, an investment migration consultancy in London, reveals an interesting insight: of the world’s 56.1 million millionaires, a notable 88,200 have earned their fortunes in cryptocurrency. Crypto’s Elite: How Bitcoin and Cryptocurrency Carved Out a...
Coinbase to upsize debt repurchase by $30M
5.9.2023
A total of $180 million 2031 Senior Notes will be repurchased by the exchange