Bitcoin Miner Riot Platforms' Second-Quarter Loss Widens to $84.4M as Costs Surge
The company's loss per share doubled to $0.32.
Posts published on August 1, 2024 go to media archive 4/5
Brands that don’t succeed in Web3 didn’t ‘jump into the water’
Qiibee CEO and founder Gabriele Giancola argued that brands must fully commit to Web3 to reap its benefits.
Google announces safety, transparency advancements in AI models
These new models offer additional tools for developers and researchers, contributing to ongoing efforts toward a secure and transparent AI future.
Donald Trump Site Lists Limited-Edition 'Bitcoin Sneakers' for as Much as $500 a Pair
The most expensive bright orange, high-top sneakers are already sold out and being relisted on eBay for as high as $2,500.
Will $100M BTC price support help Bitcoin avoid a drop to $61K?
Bitcoin liquidity is attempting to prevent a deeper BTC price retracement against a background of lower highs.
Notcoin to launch story-driven Web3 game with Lost Dogs and Getgems
Players can earn Notcoin tokens and a new in-game token in the story-driven game.
California DMV Revolutionizes Vehicle Title Transfers With Avalanche Blockchain Integration
The California Department of Motor Vehicles (DMV) has successfully integrated 42 million car titles onto the Avalanche blockchain network, which uses the cryptocurrency AVAX as its native token. This innovative system, developed by Oxhead Alpha…
OpenEden launches tokenized T-Bills on XRP Ledger
Ripple invests $10 million in OpenEden’s tokenized T-bills initiative, marking a significant TradFi advancement on the XRPL.
South Korean crypto exchanges face unexpected supervisory fees
Introducing supervisory fees marks a crucial step toward increased regulation and oversight.
Bitwise CIO On Bitcoin: ‘We’re Not Bullish Enough’ – Here’s Why
Matt Hougan, Chief Investment Officer (CIO) of Bitwise, claims in a new memo to investors following the 2024 Bitcoin Conference that the market may not be bullish enough about the future of BTC. The conference was a watershed moment that attracted…
Bitcoin Core Discloses Two Security Vulnerabilities
The Bitcoin Core project has disclosed two security vulnerabilities that could have affected the stability of the Bitcoin network. The first one, classified as having a high severity level, could have caused an assertion crash of the network via a…
OKX Ventures, Aptos Foundation Initiate $10M Fund for the Move-Based Layer-1 Ecosystem
The fund will be used to develop an accelerator program for projects built on Aptos.
July crypto hacks total $266M, WazirX leads losses
July witnessed $266 million in cryptocurrency losses from 16 attacks, with WazirX being the largest victim of North Korean hackers.
Bitcoin Holds Ground At $65,700 Amid Unchanged Fed Rates, Anticipating September Moves
In the wake of the highly anticipated address by Federal Reserve Chair Jerome Powell, Bitcoin (BTC) maintained a steady course on Wednesday as the Fed opted to keep interest rates unchanged at 5.25%-5.50%. Crypto Market Awaits Fed’s Next…
Report Reveals China Continues to Secretly Grow Its Gold Stash, Misleading Market to Cause Price Cool-Off
Jan Nieuwenhuijs, a gold analyst specializing in Chinese markets, alleges that China has continued to secretly buy gold without reporting it to the market, benefiting from a price cool-off. Nieuwenhuijs states that the strategy of the PBOC is to…
Large Bitcoin Holders Added $5.4B in BTC in July, Data Show
Large holders resorted to bargain hunting in July as the cryptocurrency experienced two-way price volatility.
Tether Reports Record-Breaking $5.2 Billion Net Profit In Latest 2024 Audit
Tether, one of the largest crypto companies in the industry and issuer of the most widely used stablecoin USDT, has released its attestation report for the first half of the year, recording substantial gains that amount to nearly $1 billion per…
DeFi is ‘waking up again’ — Active loans return to 2022 levels
DeFi lending and total value locked are recovering, but many related tokens are still at bear market lows.
Bitcoin ‘explosive move’ looms as Bollinger Bands reach tightest points
A key Bitcoin trading indicator has hit its “tightest point” in a year. The last time it happened, Bitcoin pumped 20% in four months.
Bitwise exec says, ‘We’re not bullish enough,’ amid political sway to crypto
Bitwise’s Matt Hougan said the idea that US politicians are even considering Bitcoin as a reserve asset is a monumental step, given it felt more like a “daydream” a year ago.
Ethereum Seeing High Exchange Outflows, But Watch Out For This Bearish Signal
On-chain data shows Ethereum has been observing high exchange outflows recently, but a development related to Tether (USDT) may be a bearish obstacle for the market. Ethereum And Tether Both Have Seen Withdrawals From Exchanges Recently As…
Ethereum ETFs could reach $10B AUM in first year: Sygnum Bank
“When the net flows turn positive and accelerate, this will be a strong driver for the price of Ether,” said Katalin Tischhauser, Head of Investment Research at Sygnum Bank.
Meta burns another $4.5B on metaverse in Q2, preps for AI growth
Meta’s share price popped 7% in after-hours trading following a better-than-expected Q2 earnings call.
US Senator Discusses Trump’s Bitcoin Plan and National BTC Stockpile
U.S. Senator Bill Hagerty has discussed former President Donald Trump’s bitcoin plan, which includes creating a national bitcoin stockpile. The lawmaker expects to see several legislative proposals beyond what Trump announced. He believes…
BNB Chain TVL Slumps 24% In Q2, Yet Vital Metrics Surge In Double Digits
The BNB Smart Chain (BSC) experienced a mixed performance in the second quarter (Q2) of the year as the broader cryptocurrency market cooled off after a strong price surge in March. While BNB, the native token of the BSC, remained mostly flat, down…
Bitcoin slips below $65K as Fed holds rates, hints at September cut
Bitcoin dropped below a key price point after the US Federal Reserve decided to hold rates steady, and tensions flared up in the the Middle East.
Telegram launches in-app browser supporting decentralized websites
The in-app browser is available on mobile and desktop, making Web3 “immediately” accessible to Telegram's 950 million users.
Trump’s Bitcoin sneakers are already on eBay for $2,500
Scalpers are already trying to sell Donald Trump’s just-released limited edition Bitcoin-themed sneakers on eBay for $2,500.
Trump Has Raised $25M From Crypto Industry and Bitcoin Whales
Former U.S. President and presidential candidate Donald Trump has raised $25 million from the crypto industry and bitcoin whales since he began accepting donations in cryptocurrencies. He has made several promises to support the crypto sector if…
Is Bitcoin Poised for a September Price Surge? What Traders Need to Know
As summer is currently fast approaching, several crypto traders and analysts have cranked up their optimism for Bitcoin price trajectory. Among them is well-known crypto analyst, Rekt Capital, who has recently shared insights on BTC next move…