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Hut 8 Gears up for a Mining Power Surge With 31K New Bitmain Antminers
6.11.2024
Hut 8 Corp., a North American bitcoin miner, has unveiled plans to enhance its application-specific integrated circuit (ASIC) fleet, aiming for a boost in self-mining efficiency and expanded hashrate capacity by early 2025. Hut 8 Moves to Boost Mining Efficiency With ASIC Fleet Upgrade As part...
Ripple CEO Calls on Trump for Sweeping SEC Reforms in First 100 Days
6.11.2024
On Wednesday, Ripple CEO Brad Garlinghouse offered a pointed roadmap for the early days of Donald Trump’s administration, outlining immediate steps that could reshape digital asset regulation. Garlinghouse to Trump: Clear the SEC and Drive Crypto Clarity in First 100 Days In a recent post...
Boom or Bust? Research Shows Only 3% of Meme Coins Survive
6.11.2024
Meme coins are the current rave in the crypto industry. However, question marks remain over their long-term viability. Meme Coins: Next Big Thing or Exit Liquidity for Cabals? Meme coin traders, hold your seats. According to a recent publication by Binance Research, 97% of meme coins are already...
Dogecoin and Shiba Inu Pumping as Bitcoin Passes $75K, Flockerz Could Explode Next
6.11.2024
Pro-crypto Donald Trump has claimed in the US election and the market is booming, with Bitcoin hitting a new all time high of $75,000. Meme coins are surging across the board, with Dogecoin (DOGE) and Shiba Inu (SHIB) having both posted hefty gains in the past day as the bulls take control of...
Bitcoin Mining Stocks Skyrocket as Trump’s White House Win Sparks Crypto Rally
6.11.2024
After last week’s turbulent period, publicly traded bitcoin mining companies rebounded on Wednesday, celebrating a strong performance as Trump clinched the White House. Bitcoin Mining Stocks See Explosive Gains On Nov. 6, bitcoin mining stocks rallied, riding high alongside bitcoin, which hovered...
Vintage Bitcoin Wallets Resurface—Millions Worth of BTC on the Move as Prices Hit New Highs
6.11.2024
With bitcoin staying solid above the $74,000 mark, a wave of long-dormant bitcoins from years past has suddenly come to life as the price edges higher. Dormant Bitcoin Vaults Open as the Price Climbs Higher Bitcoin (BTC) hit a fresh all-time high, with prices reaching $75,397 per coin on Bitstamp...
PolitiFi Tokens Soar Amid Trump Victory as FreeDum Fighters ICO Nears $450K Milestone
6.11.2024
Donald Trump has secured victory in the US election and the crypto market is pumping, with Bitcoin recording a new all time high and political tokens soaring. One of biggest beneficiaries is FreeDum Fighters (DUM) – an ICO project closing in on the $450,000 mark as traders pile in...
What’s Next for Bitcoin After Hitting New All-Time High
6.11.2024
A new all-time high for bitcoin on U.S. Election Day has sent the market into peak euphoria with speculators looking to ride the bullish momentum. New All-Time High for Bitcoin Another bullish cycle for the crypto ecosystem could be on the horizon with bitcoin’s (BTC) new all-time high...
Trump’s Victory Sparks Massive Politifi Token Meltdown
6.11.2024
Following the recent U.S. election, where Donald Trump was selected as the 47th president, political finance (politifi) tokens have faced an intense wave of sell-offs. Crypto Carnage: Politifi Tokens in Freefall After U.S. Election Politifi tokens, especially those tied to candidates, are under...
Bitcoin ETFs Lose $116.9M as Ether Funds Stay Neutral in Pre-Election Trade
6.11.2024
Recent figures reveal that the 12 spot bitcoin exchange-traded funds (ETFs) faced outflows totaling $116.9 million, making it a challenging session. Meanwhile, the nine ether ETFs remained in a steady state, showing neither gains nor losses during Tuesday’s trading. Mixed Results for Crypto...
Bitcoin.com Launches Bitcoin Rewards at 30% APY
6.11.2024
Bitcoin.com, a pioneer in the Bitcoin and crypto space since 2015, has launched Bitcoin rewards at 30% APY. Rewards, which accumulate in real-time without lockups or custodial risk, are paid in tBTC, Threshold Network’s breakthrough Bitcoin bridge that brings the power of decentralized...
Trump Declared 47th US President as AP Calls Election With 277 Electoral Votes
6.11.2024
According to the Associated Press, Donald Trump has secured victory in the 2024 U.S. presidential election, garnering 277 electoral college votes compared to Kamala Harris’s 224. Trump’s Election Victory Confirmed by AP The Associated Press (AP) and multiple news outlets have declared...
Bybit Expands Global Presence With VASP Registration by the National Bank of Georgia
6.11.2024
Bybit has announced its registration as a Virtual Asset Service Provider (VASP) by the National Bank of Georgia, marking a significant step in the company’s commitment to regulatory compliance in the country. This registration aligns with Bybit’s global compliance strategy, which...
Bitfufu Reports Q3 Revenue Increase of 47.5% Year Over Year
6.11.2024
Nasdaq-listed cloud mining services company Bitfufu has announced its unaudited financial results for the third quarter of 2024, revealing a total revenue of $90.3 million, a 47.5% increase from $61.2 million in the same period last year. The company’s cloud-mining solutions saw even more...
Riot’s Monthly BTC Output Up by 23%; Company Calls October Production ‘New Post-Halving Milestone’
6.11.2024
Bitcoin mining company Riot Platforms reported a 23% increase in bitcoin production in October, driven by increased hashrate and operational efficiency. Riot’s Latest Financial Update Bitcoin mining giant Riot Platforms (Nasdaq: RIOT) recently announced that it mined 505 bitcoins (BTC)...
A Hidden Threat: FBI Warns of Cookie Exploit Bypassing Multifactor Authentication Security
6.11.2024
The FBI’s Atlanta Division has warned that cybercriminals are bypassing multifactor authentication (MFA) by stealing “Remember-Me cookies” from victims’ computers. These cookies, which allow users to stay logged in without re-entering credentials or MFA, are commonly used when users select...
Semler Scientific Acquires More Bitcoin, Despite Mixed Q3 Financial Results
6.11.2024
Semler Scientific increased its bitcoin (BTC) holdings with the purchase of an additional 47 bitcoins for an aggregate amount of $3 million. This brought its total bitcoin holdings to 1,058 bitcoins for a total purchase amount of $71 million. Semler Scientific Expands Bitcoin Holdings Amid a Rise...
A Ponzi Unveiled? Controversial Crypto Platform Facing California’s Wrath
6.11.2024
The California Department of Financial Protection and Innovation (DFPI) issued a Desist and Refrain Order on Monday to Trage Technologies Ltd., also known as Trage Tech, for alleged violations of securities laws. The DFPI claims that Trage Tech, which operates out of the Marshall Islands...
Binance Charity Donates $3 Million to Spain’s Red Cross for Flood Relief
6.11.2024
Binance has contributed $3 million to Spain’s Red Cross to support relief efforts following devastating floods in Valencia. Spanish Red Cross Receives $3M Donation from Binance to Aid Valencia Flood Victims In response to severe flooding that has impacted the Valencia region, Binance Charity,...
Millions Recovered: DOJ Orders Seized Funds Returned in Failed Bank’s Crypto Scheme
6.11.2024
A judge ordered millions seized in a Kansas crypto fraud scheme be returned to defrauded investors, marking partial relief for victims of the bank collapse. Millions Lost, Millions Returned: DOJ Mandates Restitution for Defrauded Investors The U.S. Department of Justice (DOJ) announced on Monday...