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Former FTX Boss Sam Bankman-Fried Sentenced to 25 Years in Prison


On Thursday, March 28, 2024, the former head of FTX, Sam Bankman-Fried, received his sentence during a federal court proceeding in Manhattan. U.S. Marshals escorted Bankman-Fried into the courtroom at precisely 9:39 a.m. Eastern Time, as reported by Matthew Russell Lee of Inner City Press. Judge...

Dogecoin Leaps in Value, Reaches First $0.22 Peak Since 2021


The leading meme token by market value, dogecoin, experienced an 18% increase on Thursday, climbing to $0.22 per coin for its first ascent to this level since 2021. The ‘Dog Father’ Reigns: Dogecoin Soars 43.3% in 7 Days Against the U.S. Dollar The proclaimed ‘Dog...

Bitcoin: Divergence, Whales, and Halving hype fuel price rise


Bitcoin is rallying above $70,000 at the time of writing this article. The trading community and crypto enthusiasts have primarily invested in boosting Bitcoin without relying on equities or other sectors. However, there is a slight change in that behavior, which is evident from the fact that...

Breakdown of four phases of the Bitcoin Halving cycle


With Bitcoin Halving slated to happen in April 2024, there is speculation about how things will roll out for Bitcoin or BTC prices in the market. Most of it is based on how the prices have been pushed to an ATH when Halving happened 3 times before. Analysts have now broken down the entire segment...

Strike introduces a newly crafted limits experience for Bitcoin


Strike has updated the limit for sending and withdrawing Bitcoin tokens. Previously, Strike set a limit on the amount users could transact either weekly or daily. However, the redesigned mechanism enables them to execute the transactions seamlessly without any limit. The objective here for Strike...

Bitcoin Cash Rallies Ahead of Upcoming Halving and Upgrade


The Bitcoin Cash network stands on the brink of its forthcoming halving event, set to take place a week from now. This milestone will see mining rewards on the network notably reduced from their current levels. Currently, Bitcoin Cash ranks as the 15th largest by market capitalization among over...

Bitcoin’s infinite paradox: Halving, renewables, and the race to value


The system is reminiscent of Zeno’s Achilles and the tortoise paradox. With rising costs of renewable energy and the potential for Layer 2 solutions like the Lightning Network, the mining industry may undergo significant changes. Bitcoin’s decentralized structure allows it infinite...

Bitcoin Miner Bitdeer Seeks $100 Million for Mining Capacity Expansion


Bitcoin miner Bitdeer is reportedly in discussions with private credit firms to secure $100 million in funding to expand its mining capacity. It is believed that the cryptocurrency miner has engaged a financial adviser to assist with the negotiations. Negotiations Between Bitdeer and Lenders...

Eternal AI: Pioneer in AI on Bitcoin L2, Powered by Polygon


In the current high-speed digital environment, artificial intelligence (AI) has gained a pivotal position, and the power is still in the hands of a few large corporations.  With this centralization of AI technology, the troubles that come inherent in a centralized system are set. The role of...

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