Compass Mining Energizes 3,000 Bitcoin Mining Rigs at Iowa Facility
Compass Mining has powered up 3,000 bitcoin mining machines at its newly partnered hosting facility in Iowa. The company also...
Bitcoin
Tokyo Electric Power Company’s Subsidiary Mines Bitcoin With Surplus Energy
According to a report from Asahi Shimbun, one of Japan’s oldest national newspapers, a subsidiary of Tokyo Electric Power Co....
MicroStrategy’s Michael Saylor Predicts Bitcoin Price Will Rise to $13 Million
The price of the biggest digital coin may have taken a hit in recent weeks—but Bitcoin preacher Michael Saylor is...
Exploring the Rise and Impact of Restaking
In 2024, restaking rapidly transformed from a nascent concept into a cornerstone of the DeFi ecosystem, driven by its potential...
UK Regulator: 87% of Crypto Firms Fail to Meet Registration Requirements
The UK Financial Conduct Authority (FCA) has revealed that over 87% of crypto registrations were either rejected, withdrawn, or refused...
Bitcoin Mining Could Help Japan Monetize Wasted Green Energy
Agile Energy X, a subsidiary of Tokyo Electric Power Grid (TEPCO), is exploring the use of surplus green energy for...
Where’s The Bitcoin Price Backside? 3 Educated Guesses
Bitcoin’s market price on crypto exchanges fell to its lowest price since the early August massacre when it dumped below...
Bitcoin’s Hashrate Reaches 692 EH/s, Nearing 700 EH/s Milestone
After breaking the July 25, 2024 record on Saturday, Sept. 7, Bitcoin’s hashrate has kept climbing, now reaching an impressive...
Recession Concerns Ignite Amid US Economic Slowdown and Market Volatility
In recent weeks, both economists and technical indicators have hinted that the U.S. may be on the brink of a...
Thoma Bravo founder says firm permanently exits crypto post-FTX fiasco
Key Takeaways Thoma Bravo has withdrawn from crypto investments after its FTX bet fell flat. The company's founder maintains a...
Bitcoin Hashrate Hits Record High as Prices Drop Below $55K
As bitcoin dipped below $55K this week, something quite interesting happened behind the scenes. On Sept. 7, 2024, the network’s...
Sonic SVM Announces Launch of Hyperfuse Nodes in Solana’s First Node Sale
The first atomic SVM chain on Solana, Sonic SVM, has announced the launch of Hyperfuse Nodes, marking the first node...
How Bitcoin Adoption Boosted El Salvador’s Profile in 3 Years
Three years ago today, El Salvador made history as the first nation to adopt Bitcoin as legal tender. This move...
Stablecoin Economy Expands $1.08B in 2 Weeks Despite Reductions in Key Coins
In the past 15 days, the stablecoin economy experienced modest yet steady expansion, adding $1.08 billion to its overall value....
Binance Kazakhstan Receives Formal Consent for Regulatory License
Binance Kazakhstan received formal consent from the Astana Financial Services Authority (AFSA) for a full regulatory license, marking a major...
Vaneck Reveals Plans to Close Ethereum Futures ETF
On Sept. 6, Vaneck announced its decision to close and liquidate the Vaneck Ethereum Strategy exchange-traded fund (EFUT). The liquidation...
Bitcoin Approaches $57,000 Amid US Jobs Data Decline
Markets anticipate a 50 basis point (bp) rate cut in September amid deteriorating US Job data. According to the US...
Bitcoin UTXOs in Profit Fall to Lowest Level Yearly, Here’s What it Means
The percentage of Bitcoin Unspent Transaction Outputs (UTXOs) in profit has fallen to its lowest level this year, last seen...
Bitfarms Hits Back at Riot Platforms’ Alleged Misleading Claims
Bitcoin mining firm Bitfarms has responded to Riot Platforms’ allegedly misleading statements about a special meeting and potential acquisition. Bitfarms...
Ripple Labs Co-Founder Chris Larsen Backs Kamala Harris
Former Ripple Labs CEO Chris Larsen has formally backed Kamala Harris ahead of the 2024 presidential race, as part of...
VanEck to close its Ethereum futures ETF in September, a year after launch
VanEck is closing its Ethereum Futures ETF (EFUT) by September 16, 2024. The EFUT saw low asset accumulation as compared...
70% of World Liberty Financial’s Tokens Are Reserved for Insiders: Report
A draft white paper obtained by CoinDesk reveals that 70% of the World Liberty Financial project governance token, WLFI, is...
