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Nalezeno "$9 million": 6192

Iris Energy to Ramp Up Capacity in 2024 Following $22M Spend on Bitmain Rigs


Source: AdobeStock / Photocreo Bednarek Renewable Bitcoin mining company Iris Energy has revealed the acquisition of 1.6 EH/s of Bitmain T21 miners, increasing its self-mining capacity to 10 EH/s. In a press release on December 15, the company disclosed plans to acquire 8,380 new-generation...

Inside Job: Security Engineer Behind Multi-Million Dollar Crypto Exploits


Source: Adobe / Rawpixel.com Shakeeb Ahmed, a senior security engineer associated with an international technology company, pleaded guilty on December 14 to computer fraud in connection with his hacking of two decentralized crypto exchanges. The announcement of the guilty plea was made by Damian...

Bitcoin’s Volatility Surge: $48 Million Liquidated in 24 Hours


Source: Adobe / Maximusdn The surge in volatility that followed the US Federal Reserve’s interest rate announcement on Wednesday caused some $48 million to be liquidated in 24 hours in the Bitcoin market. As of press time on Friday, Bitcoin (BTC) again traded just below the $43,000 mark, after...

Blockchain Meets AI: Ethereum’s Early Investors Dive into New Era


Source: Adobe Investment firm cyber.Fund, known for its early support of Ethereum (ETH), has committed $100 million to projects at the intersection of blockchain technology, artificial intelligence (AI), and the Internet of Things (IoT).  With previous investments in Cosmos, Solana, and Polkadot...

Crypto Crooks Sent Over $300M to Bitcoin Mixers in 2023: CertiK Research


Following the demise of the popular crypto mixing protocol, Tornado Cash, the Bitcoin ecosystem has become a preferred avenue for discreet fund movement, according to research by blockchain analytics firm CertiK. In its recent report, CertiK, known for conducting smart contract audits and on-chain...

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