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Nalezeno "$50 million": 6208

Bitcoin Miner Marathon Acquires 2 High-Capacity Mining Facilities for $178.6M


On Tuesday, Marathon Digital Holdings, a leading bitcoin mining company listed on public markets, revealed its acquisition of two fully operational bitcoin mining facilities, representing a combined capacity of 390 megawatts (MW). For these facilities, Marathon invested a total of $178.6 million...

South Korean Supreme Court Jails $153m Crypto Fraudster for 10 Years


Source: alswart/Adobe South Korea’s Supreme Court has jailed a crypto fraudster who amassed $153 million for 10 years, upholding a sentence handed out in February. The man, surnamed Ko, was the CEO of a crypto firm that called itself QRC Bank. He was convicted of defrauding some 5,400 crypto...

Atomic Wallet Announces Bug Bounty Program, $1 Million Up for Grabs


Atomic Wallet has announced the launch of a public bug bounty program featuring a $1 million prize pool in the hopes of making the app “an even more secure experience for users.” Up to $1 million on the table According to a recent press release from the noncustodial wallet interface, the bug bounty...

Cipher Scales BTC Mining Operation with 37,000 Bitmain Antminers Worth $100M


Source: Adobe/Photocreo Bednarek NASDAQ-listed Bitcoin mining firm Cipher Mining Inc. has announced the purchase of 37,396 units of the latest Bitmain Antminer T21 series. Making the announcement in a press release, the company disclosed that this acquisition amounted to approximately $99.5...

Mysterious 2015 Whale Transfers 2,101 BTC, Stirring $88M in Bitcoin


On Dec. 18, 2023, a colossal cache of dormant bitcoins stirred after remaining inactive for eight years and ten months. The whale transferred 2,101 bitcoins, originating from 2015, now valued at $88.55 million, utilizing the prevailing BTC exchange rates. $88M Worth of Bitcoin Moved by Long-Dormant...

Cipher Mining Enhances Bitcoin ASIC Fleet With 7.1 EH/s Bitmain Deal


On Monday, Cipher Mining revealed its acquisition of 7.1 exahash per second (EH/s) in new mining equipment from Bitmain. The company invested in Bitmain’s T21 series miners, totaling a purchase price of $99.5 million. Cipher Mining’s Strategic $99.5 Million Investment in Next-Gen Bitmain...

Pro-Crypto Super PAC Fairshake Raises $78 Million Ahead of 2024 US Elections


Source: Pixabay Fairshake has raised $78 million to support “pro-crypto” candidates in the forthcoming 2024 US elections. The political action committee announced in a press release published Monday that it had received donations from prominent crypto companies and individuals, including Coinbase...

Arbitrum Transactions Reach New All-Time High During Inscriptions Frenzy


Ethereum layer-2 network Arbitrum (ARB) reached a new all-time high in daily transactions over the weekend, joining Bitcoin under a waterfall of blockchain activity spurred by inscriptions. According to data from crypto market analysis platform IntoTheBlock, the network tapped 5.4 million...

Ex-Amazon Engineer Guilty of Historic $12.3M Crypto Heist


Source: AdobeStock / Sergey Nivens A former Amazon engineer has pleaded guilty to hacking two cryptocurrency exchanges, resulting in the first-ever conviction involving the hacking of a smart contract.  Shakeeb Ahmed, a former security engineer at Amazon, is now facing the possibility of up to five...

Mark Zuckerberg’s $100 Million Bunker Sounds Right Out Of A Video Game


Mark Zuckerberg is worth over $100 billion. What does the world’s sixth-richest person do with all that money, besides lighting lots of it on fire to try to bring a Ready Player One-style metaverse to life? Apparently, he builds a sprawling mansion complex with a massive underground bunker that...

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