Bitcoin mining CEO eyes hashrate contracts to offset rising costs
The slashing of the Bitcoin block subsidy from 6.25 Bitcoin to 3.125 during the April 2024 halving has placed financial pressure on miners.
Posts published on August 29, 2024 go to media archive 1/5
Russia Warns France Against Political Moves in Telegram CEO Pavel Durov Case
Bitcoin’s Momentum at Risk? NVT Golden Cross Sends Warning Signals
Bitcoin price action despite being wobbly in the past days, is still being discussed by analysts. Earlier today, a CryptoQuant analyst turned the spotlight to the Bitcoin’s NVT Golden Cross, a metric that has been known to signal potential…
It's time to ditch Bitcoin Power Law Theory
The Bitcoin Power Law Theory relies purely on mathematics. It doesn't account for the human nature of how Bitcoin is traded.
$12.1M fraud suspect with ‘new face’ arrested, crypto scam boiler rooms busted: Asia Express
A brand new facial reconstruction can’t hide crypto scammer, crypto scam boiler rooms in Malaysia and the Philippines busted: Asia Express
Report: Paraguayan Bitcoin Mining Industry Provides Fewer Than 400 Jobs
A report presented to the Paraguayan Congress highlights the low level of employment associated with the country’s bitcoin mining activity. According to data from the Social Care Institute, the entire bitcoin mining industry is responsible…
New NCR Atleos/LibertyX feature converts BTC to cash at US ATMs
Users of the LibertyX ATMs can send BTC to a LibertyX address and receive fiat for their crypto at ATMs in 30 states.
Ex-FTX exec scraps vacating guilty plea, refers matter to partner’s case
Former FTX Digital Markets co-CEO Ryan Salame pleaded guilty to two felony charges in September 2023 and was sentenced to 90 months in prison in May 2024.
U.S. House Committee Plans for Heap of Crypto Hearings in September
The U.S. House Financial Services Committee is poised to launch a series of crypto hearings digging into several aspects of the industry, including decentralized finance (DeFi), the Securities and Exchange Commission's oversight of digital assets…
Jailed FTX Exec Withdraws His Request to Compel Government to Abide by Plea Deal
Ryan Salame, the former FTX executive sentenced to 7.5 years in prison in May, has withdrawn a legal request to a New York court asking that the conditions of his plea deal with prosecutors be enforced or that his plea be thrown out and his…
Telegram Under Ban Threat In Indonesia For Alleged Pornography & Gambling, TON Price Dive Deepens
Following the recent arrest of Telegram CEO Pavel Durov in France, the messaging platform is facing escalating legal challenges across multiple countries. Local media reports indicate that Indonesia is contemplating a ban on Telegram due to its…
Cipher Mining Boosts Bitcoin Data Center Portfolio With 300 MW Texas Site Purchase
This week, Cipher Mining Inc. revealed that it has acquired a sprawling 250-acre property in West Texas, which includes a 300-megawatt (MW) data center. The company also highlighted that this location is ideal for high-performance computing (HPC)…
Solo Bitcoin Miner Earns $199,098 After Successfully Mining Block
A solo Bitcoin miner has made headlines by successfully mining block number 858,978 on the Bitcoin blockchain, earning a reward of 3.275 BTC, valued at $199,098 at the time. The block, mined earlier today, contained 2,391 transactions, according to…
ChatGPT may already have more monthly users than Netflix
OpenAI says the chatbot has doubled its user count over the last year to more than 200 million per week.
Hamster Kombat Finally Announces Airdrop Event Date After Several Delays
Hamster Kombat, the TON-based tap-to-earn game, has announced the date for its token generation event (TGE) and the subsequent airdrop. The team revealed that the expected event will occur on September 26th, despite reports of the project facing…
Breaking: French President Macron denies inviting Pavel Durov to France
Macron has faced widespread and international backlash for the arrest of the Telegram founder
Apple, Nvidia among prospective investors in OpenAI’s multibillion-dollar fundraising
Tech giants such as Apple, Nvidia and Microsoft are investing in OpenAI’s upcoming funding round, which could raise its valuation to over $100 billion.
Ethereum DApp volumes rise 36% in a week — Will ETH price follow?
Interactions with Ethereum DApps are soaring, but ETH price has failed to react.
Ethereum Will Remain Bearish Until This Key Trading Reading Changes
Ethereum is steady at press time, as is visible in the daily chart. Even though prices are floating above $2,500, ETH bulls are still weak. The coin remains inside the bear bar of August 27, technically inside a bear formation. From price action…
Save WBTC: Threshold Network Proposes Sweeping Changes to Wrapped Bitcoin Custody
Threshold Network has proposed a plan to enhance the stability and security of Wrapped Bitcoin (WBTC) by replacing its centralized custody model with Threshold’s decentralized system. This move comes in response to recent concerns within the…
‘Bitcoin hasn’t had the widespread adoption we hoped for’ — Nayib Bukele
The El Salvador President seemed to embrace the ”authoritarian” label while admitting the country had not seen as many benefits from Bitcoin as he anticipated.
Trump's New Crypto Business to Offer Access to 'High-Yield' Investments, Website Says
World Liberty Financial is "the only crypto DeFi platform supported by Donald J. Trump," according to homepage metadata.
Tesla appears closer to shipping domestic robots than robotaxis
A Boring Company update indicates Tesla’s “Full Self-Driving” software isn’t ready for single-lane tunnel use.
Stables Money onboards Coins.ph's Philippine peso stablecoin
Stables Money already has a chunk of the $35 billion Philippine remittance market and will upgrade service with the new stablecoin.
Iris Energy Acquires 39,000 Bitmain S21 XP Antminers, Eyes 30 EH/s in 2024
Bitcoin miner and high-performance computing (HPC) firm Iris Energy Limited has secured 10 exahash per second (EH/s) of Bitmain’s S21 XP Antminers, positioning the bitcoin mining company to reach 30 EH/s by the end of 2024. Iris Energy…
Polygon On-Chain Activity Lights Up: MATIC Reversal Incoming?
On-chain data shows that some activity metrics related to Polygon have surged recently, which could be positive for the asset’s price. Polygon Active Addresses & Age Consumed Have Spiked Recently In a new post on X, the on-chain analytics…
The Privacy Issue: Letter From the Editors
Privacy is necessary for an open society in the electronic age. Privacy is not secrecy. A private matter is something one doesn't want the whole world to know, but a secret matter is something one doesn't want anybody to know. Privacy is the power…
Solana Community Embrace New Gambling Cryptocurrency At $0.001777
The Solana (SOL) community, known for its keen eye on promising projects, has begun to turn its attention to a new and exciting opportunity: Mpeppe (MPEPE). This emerging gambling cryptocurrency, priced attractively at $0.001777, is rapidly gaining…
Brazil’s Supreme Court threatens to suspend X by Aug. 29
The proposed suspension of services came amid an ongoing feud between Elon Musk and Judge Alexandre de Moraes.