Bitcoin miner Foundry lays off staff amid restructuring
Foundry let go of 16% of US staff as part of a broader restructuring that includes spinning off its self-mining business.
Posts published by Cointelegraph.com News 19/631
MARA rolls out advanced ASIC recycling with wind power
The Bitcoin miner will save energy and money by using excess wind power and recycled ASICs at its newly purchased facility in Texas.
Alex Mashinsky to plead guilty to two charges in plea deal
US authorities charged the former Celsius CEO with seven felony counts related to fraud and misleading users after reaching a “non-prosecution agreement” with the company in 2023.
Virgin Voyages launches ‘first cruise product to accept Bitcoin’
The new offering builds on previous seasonal passes offering a full year’s worth of voyages for a single fee.
Cardano price gains 88% — Is the ADA rally just getting started?
Cardano's record high open interest metric raises concerns about a sharp sell-off, but strong market demand suggests the ADA rally could continue.
Kalshi gives Paul Atkins 93% odds to be Trump’s SEC Chair pick despite mixed reports
At the time of publication, the incoming administration had not made any official announcement regarding its pick for SEC chair.
Fan tokens offer stability — NFTs have not
Fan tokens change the game for sports engagement and outperform NFTs.
Trump admin unlikely to change Tornado Cash approach, Coinbase warns law firms: Law Decoded
The US Treasury, under a Trump administration, may bring reform to how courts handle crypto mixer-related incidents, following OFAC’s overreach in the Tornado Cash sentencing.
Peter Todd advocates for space miners: ’Economics might make sense’
Though Todd denies it, an HBO documentary recently claimed he was the real Satoshi Nakamoto and inventor of Bitcoin.
Curve Finance monthly revenues up more than 20% on DeFi surge
Over the past 30 days, Curve has seen annualized revenues of nearly $37 million, according to Token Terminal.
Bitget launches BitEXC customized crypto exchange in Vietnam
Bitget is looking to capture a massive market from DEXs as it opens an affiliate designed especially for users in Vietnam.
Vitalik Buterin urges Web3 wallets to improve security, privacy
The Ethereum co-founder also proposed changes to ease transfers among layer-2 scaling networks.
Binance leads crypto exchanges in Bitcoin deposits in 2024
Average Bitcoin and USDt deposits across crypto exchanges escalated over the year, indicating a rise in institutional demand for digital assets.
‘I don’t believe in chasing narratives’: Gabby Dizon, X Hall of Flame
Yield Guild Games founder Gabby Dizon says “conviction” in gaming is more important to him than “chasing narratives”: Hall of Flame
BTC/KRW pair dipped 30% as South Korea’s president declared martial law
In response to the martial law declaration, opposition Democratic Party leader Lee Jae-myung expressed concern that the military would arrest members of South Korea’s parliament.
How Portal-to-Bitcoin is unlocking Bitcoin’s potential in cross-chain DeFi
Unlike many cross-chain bridges, Portal-to-Bitcoin uses a combination of threshold signatures and atomic swaps.
Chainlink 'god candle' appears as LINK price soars 27% in 24 hours
LINK gained 27% in a single day after announcing the integration of an EU-based tokenized asset service, which resulted in a massive surge in user activity.
BlackRock’s Bitcoin ETF tops 500K BTC holdings worth $48B
BlackRock’s IBIT now holds 2.38% of all Bitcoin, with its latest filing showing it has 500,380 BTC on its books.
Tezos launches world’s first Uranium marketplace on blockchain
AI applications and data centers are creating a growing demand for uranium, which is now available for retail investors for the first time.
Microsoft’s Bitcoin dilemma: Ride $5T BTC wave or avoid risk
Microsoft’s shareholders will soon vote on adding Bitcoin to its balance sheet. Will Michael Saylor's pitch Orange Pill the tech giant? What are the stakes and risks?
Franklin Templeton tokenized funds get verification system on Jiritsu
Jiritsu launched a verification system for Franklin Templeton’s EZBC and FOBXX funds, which will allow retail tokens backed by these funds to be developed.
Trump’s likely SEC pick fuels RSR token rally to multiyear high
The community has linked the 88% spike in the price of the Reserve Rights token to Donald Trump, who is likely to pick Paul Atkins as the next SEC chair.
Crypto phishing scams to rise during holiday shopping season — Cyvers
Losses to crypto phishing scams fell 53% in November, but the Christmas holiday shopping season presents new opportunities for hackers.
MicroStrategy can ignore Bitcoin bear market price crash to $20K — Research
Corporate Bitcoin adoption is "going parabolic," and early birds have little to worry about when it comes to BTC price corrections.
Bitcoin ‘Trump trade’ finished until BTC breaches key $98K resistance
Bitcoin could rise to the $110,000 mark if it manages to breach $98,000, resulting in more buyer demand for the world’s first cryptocurrency.
DMM Bitcoin exchange liquidates, and rug pulls are on the rise: Crypto-Sec
Crypto exchange DMM will liquidate after suffering a $320 million hack back in May.
Crypto payment firm Dtcpay shifts to stablecoin-only payments model
By January 2025, Dtcpay will drop support for Bitcoin and Ether to focus on stablecoin payments exclusively.
TRX hits $20B record high, flashing ‘altseason’ signal for December
Some cryptocurrencies are already displaying signs of an early altseason, including Hedera’s HBAR, which has rallied 763% in the past month.
XRP cuts reserve requirement by 90%, allowing for smaller new wallets
XRP Ledger reduced its reserve requirement from 10 to 1 XRP, letting users fund wallets with as little as $2.56.
Coinbase will drop law firms who hire anti-crypto former SEC staff — CEO
Coinbase CEO Brian Armstrong said the exchange stopped working with law firm Milbank after it hired former SEC official Gurbir Grewal.