Bitcoin’s price troubles seem to have no ending as the asset kept plunging on Monday morning and fell to its lowest price position since late February of $53,000. This means that BTC has lost about $17,000 since last Monday, making it one of the worst weekly performances in its 15-year history. CryptoPotato has repeatedly reported […]
In the second quarter of this year, Riot Platforms recorded a net loss of $84.4 million, compared to $27.4 million in the previous year’s same quarter. The American Bitcoin mining firm’s widened losses are a result of the continued impact of April’s Bitcoin halving. Riot’s Q2 Performance According to the quarterly report, Riot reported a […]
The new study has delved into cryptocurrency prices, particularly bitcoin, revealing that markets are significantly influenced by both conventional financial factors and crypto-specific factors. The paper by Austin Adams from Uniswap Labs, Markus Ibert from the Copenhagen Business School Department of Finance, and Gordon Liao from Circle Internet Financial was published earlier this week. New […]
TL;DR Bitcoin’s value dropped significantly due to Russia’s invasion of Ukraine in early 2022. The conflict is ongoing and continues to impact global financial markets. The end of the war could boost the cryptocurrency market, potentially pushing BTC’s price up. However, reaching the $100K milestone would require additional conditions. What if the Conflict Ceases? The […]
[PRESS RELEASE – Singapore, Singapore, August 3rd, 2024] On August 3rd, the “2024 GIPR2” voting event, hosted by the metaverse virtual community MEET48, which is based on an AI and WEB3.0 diverse UGC entertainment content ecosystem, officially concluded. The top participants in the Idol Group, Sprout Group, and Virtual Idol Group were announced, along with […]
The US Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) charged Nader Al-Naji with orchestrating a multi-million-dollar fraudulent crypto asset scheme involving the social media platform BitClout and its native token BTCLT. The securities regulator’s complaint revealed that Al-Naji raised over $257 million through unregistered offers and sales of BTCLT in November […]
California’s Department of Motor Vehicles (DMV) has digitized 42 million car titles using the Avalanche (AVAX) network. This initiative is part of a modernization effort to streamline the state’s title transfer process in collaboration with software development firm Oxhead Alpha. California DMV to Digitize Car Titles According to an Avalanche blog post, users will soon […]
Prominent on-chain sleuth ZachXBT has recently uncovered compelling evidence linking convicted UK hacker Gurv – whose real name is Gurvinder Bhangu – to the recent compromises of American actress Sydney Sweeney’s and ‘Breaking Bad’ actor Bob Odenkirk’s X accounts. This resulted in over $530,000 stolen through Solana meme coin scams. SWEENEY Pump and Dump On […]
[PRESS RELEASE – Victoria, Seychelles, August 2nd, 2024] Margex, a cryptocurrency trading platform boasting ultra-convenient and user-friendly copy trading, is excited to announce Margex TON (Toncoin) deposit and withdrawal. TON (Toncoin) has become a revolutionary blockchain technology that aims to bring something unique into the cryptocurrency ecosystem. TON, a native token of “The Open Network,” […]
Toronto-based Bitcoin mining company Bitfarms announced that its operational hash rate reached 11.1 EH/s by the end of July, marking a 109% year-over-year increase and a 7% rise month-over-month. The average operational hash rate for the month was 10.3 EH/s, up 36% from June. Despite a 1% decline in Bitcoin per EH/s due to a […]