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Bitcoin Miner CleanSpark Buys Another $193 Million Of Mining Equipment After Stock Downturn
8.1.2024
Source: Adobe / Photocreo Bednarek As Bitcoin’s (BTC)’s price surges to multi-year highs, mining firm CleanSpark has closed another nine-figure infrastructure deal to help the company seize as many newly minted units of BTC as possible. In a press release on Monday, the company announced that...
Report: Unity Cutting About 1,800 People In Company's Largest Layoff
8.1.2024
A new report says Unity is cutting around 1,800 jobs, or about 25 percent of the company according to a regulatory filing and internal company memo obtained by Reuters on Monday. Read more
Core Scientific Closes $55 Million Equity Offering for Bitcoin Mining Operations
8.1.2024
Source: AdobeStock Bitcoin mining company Core Scientific has disclosed the outcomes of its $55 million Equity Rights Offering (ERO). The ERO, created to raise funds, experienced oversubscription, with total subscriptions surpassing the $55 million cap. In a press release on January 8, the firm...
Michael Saylor Warns of Deepfake Bitcoin Giveaway Scams Featuring Him and Microstrategy
8.1.2024
Microstraetgy’s executive chairman, Michael Saylor, has warned about new bitcoin giveaway scams using AI-generated deepfake videos featuring him and his company. “There is no such thing as a free lunch,” the Microstratgy executive stressed. The deepfake Saylor urges investors...
Nasdaq-Listed Bitcoin Miner Cleanspark to Launch in-House Trading Desk, CEO States It ‘Makes Financial Sense’
6.1.2024
Cleanspark, a Nasdaq-listed Bitcoin mining company, has announced that it will launch an in-house trading desk to maximize the return on its cryptocurrency holdings. Cleanspark CEO Zachary Bradford explained that organizing their trading desk made “financial sense,” given the high...
Crypto Giant Coinbase to Enhance EU Presence with Key Derivatives Acquisition
6.1.2024
Source: Adobe / Rafael Henrique Coinbase has revealed plans to offer crypto-linked derivatives in the European Union (EU) market. The company has reportedly told CNBC that it has entered into an agreement to acquire an unnamed holding company, which holds a MiFID II license. MiFID II,...
Asset Manager Vaneck Pledges to Donate 5% of Spot Bitcoin ETF Profits to Bitcoin Core Developers for 10 Years
6.1.2024
Asset management firm Vaneck has pledged to donate 5% of its spot bitcoin exchange-traded fund (ETF) profits to support Bitcoin Core developers for at least 10 years. The company is currently awaiting approval from the U.S. Securities and Exchange Commission (SEC) to launch its spot bitcoin ETF....
North Korea Stole Over $600 Million in Crypto in 2023: Report
5.1.2024
North Korea was responsible for greater than $600 million worth of crypto being stolen in 2023, blockchain intelligence company TRM labs announced Friday. State-sponsored attacks supporting weapons of mass destruction According to TRM Labs’ latest report, the analytics data firm suggests that...
Official X Account of Blockchain Security Firm CertiK Compromised – What’s Going On?
5.1.2024
Source: Pixabay/Werner Moser The X account (formerly Twitter) of blockchain security company CertiK has been compromised with bad actors posting a phishing link to a wallet drainer. On Jan 5, it was revealed that CertiK’s X account was a victim of a phishing attack with several calls from the wider...
Polychain Warns Users Against Engaging with CEO’s X Account Following Hack
5.1.2024
Source: AdobeStock / Tomasz Bidermann Digital assets fund management company, Polychain Capital has urged users not to interact with the X (formerly Twitter) account of its CEO following a hack. In a Jan 4 X post, the platform acknowledged the breach on the account of its CEO Carlson Wee asking...
Bain and Company: Tokenization Can Unlock a $400B Yearly Alternative Investment Opportunity
5.1.2024
A report issued in December by Bain and Company and JPMorgan executives recognized the impact that tokenization can have in bringing alternative investments (such as private equity, private credit, real estate, and hedge funds) to individual investors. The document states that this can be a $400...
Marathon Digital Mines Record 1,853 BTC in December, up 56% from November
5.1.2024
Source: AdobeStock / Photocreo Bednarek Bitcoin mining company Marathon Digital has set a new production record by mining the highest amount of Bitcoin in a single month. In a press release on January 4, the Florida-based firm announced that it successfully mined 1,853 Bitcoin during December...
Cipher Mining Bolsters Operations With 16,700 Bitcoin Miners From Canaan
5.1.2024
The Nasdaq-traded mining company Cipher Mining unveiled plans to expand its Bear LLC and Chief Mountain LLC projects, revealing the acquisition of 2.5 exahash per second (EH/s) of Canaan-crafted application-specific integrated circuit (ASIC) bitcoin mining machines. The enterprise will procure...
Gamma Strategies Identifies Root Cause of Exploit Attack, Attempts Negotiation for Fund Return
4.1.2024
Source: iStock / JuSun The protocol managing liquidity on the Ethereum blockchain, Gamma Strategies, has initiated a bounty negotiation with the attacker responsible for stealing $3.4 million worth of digital assets. The attack was discovered by blockchain defense company PeckShield on January...
Visa Unveils Web3 Loyalty Program
4.1.2024
Visa announced a web3-based loyalty program for its customers Thursday in the hopes of creating an immersive,valued-added experience for its users. “Seamless and immersive digital real-world experiences” According to a press release from the payment services company, the newly launched service...
Cipher Mining Boosts Capacity with 16,700 New Bitcoin Miners
4.1.2024
Source: Adobe / Photocreo Bednarek Prominent Bitcoin (BTC) mining firm Cipher Mining has acquired 16,700 new mining rigs, aiming to position itself as one of the leading players in the industry following the anticipated Bitcoin halving event in April. The company plans to install these...
Mario Helped Break Disney’s 7-Year Box Office Streak
4.1.2024
For the first time since 2015, Disney wasn’t at the top of 2023’s global box office. And while there are a few different factors and reasons for the Mickey Mouse empire slipping from first to second, a significant reason for the shift is because of the super-successful Super Mario animated film....
Huobi Korea Announces Closure Citing Challenging Business Environment
4.1.2024
Source: Adobe South Korean cryptocurrency exchange Huobi Korea has announced the shut down of its services with effect from January 29, 2024. The decision comes in response to what the company described as a challenging “business environment.” Established in 2017, Huobi Korea...
Tuttle Capital Files for Six Leveraged and Inverse Bitcoin ETFs with SEC
4.1.2024
Source: DALL·E Tuttle Capital Management has filed for six new Bitcoin exchange-traded funds (ETFs) with the U.S. Securities and Exchange Commission (SEC). On Jan.3, Tuttle Capital filed three separate N1-A filings with the SEC. The company’s proposed Bitcoin ETFs are structured to offer leveraged...
Matrixport Founder Jihan Wu Addresses Spot ETF Report Responsible for Market Crash
4.1.2024
Source: X / @JihanWu Crypto tycoon and Matrixport co-founder Jihan Wu addressed concerns surrounding the company’s report predicting the rejection of spot Bitcoin ETF applications by the U.S. Securities and Exchange Commission (SEC). Bitcoin’s price dropped as much as 9% on Wednesday as...