CleanSpark Inc. has achieved a milestone, mining 445 Bitcoin (BTC) in June and surpassing its mid-year operational hashrate target of 20 exahashes per second (EH/s). This achievement follows the acquisition of five new mining facilities in Georgia, which has increased the company’s overall capacity. CleanSpark’s Milestone In its latest unaudited Bitcoin mining and operations update […]
With Bitcoin trading sideways over the past few months, traders are waiting for their signal to re-enter the market before crypto reclaims its bullish momentum from earlier this year. In a Wednesday memo, an analyst from CryptoQuant highlighted one signal worth looking at: stablecoin liquidity. Stablecoins: The Key To Driving Bitcoin Higher “The bottom line […]
[PRESS RELEASE – Vancouver, Canada, July 3rd, 2024] Chibi Clash, a fantasy web3 gaming universe, has unveiled its Kingdoms Alliance Event, running from July 2nd to July 22nd, allowing players to compete for rewards. This event marks a collaborative effort among 21 partner projects within the Chibi Clash ecosystem, including AI Arena, Apeiron, Pixelmon, Pirate […]
[PRESS RELEASE – Tokyo, Japan, July 2nd, 2024] The community has spoken, Astar Foundation, the lead organization overseeing development of Astar Network, has announced a token burn. 5% of the ASTR genesis allocation will be burned, permanently removing these tokens from circulation. The token burn, comprising 350M ASTR tokens, has been confirmed following a governance […]
TL;DR Ripple uses a recent Binance ruling to argue against harsh penalties in their SEC lawsuit, citing regulatory uncertainty. The agency has reduced its proposed penalty from $2 billion to $102.6 million, while the company argues for a maximum fine of $10 million. Ripple on the Move The legal confrontation between Ripple and the US […]
Northern Data AG, a German firm specializing in high-performance computing infrastructure, is evaluating the possibility of launching a U.S. initial public offering (IPO) for its AI cloud computing and data center units. The potential valuation for this IPO could reach as high as $16 billion, according to Bloomberg News sources. Northern Data Eyes US IPO […]
Crypto-friendly financial institution Evolve Bank and Trust was embroiled in a massive data breach. The bank admitted it had been aware of the incident, which involved the theft of 33 terabytes of user data. While Evolve Bank maintained that customer funds appear to remain untouched, they admitted that the hackers likely managed to download sensitive […]
According to data from Coingecko, the Ethereum Name Service (ENS) native token has experienced significant price surges in recent days, gaining over 20% in value within the last 24 hours. These gains are driven by increasing excitement surrounding the upcoming ENSv2 upgrade, which aims to enhance the efficiency and scalability of the naming service. ENS […]
Japanese multinational conglomerate corporation Sony is gearing up to launch its cryptocurrency exchange. The company intends to make this possible by restarting another crypto trading platform acquired in August 2023. According to a press release, Amber Japan, the parent company of the Japanese crypto exchange WhaleFin, acquired by Sony last year, has changed its name […]
Digital asset investment products experienced their third consecutive week of outflows amounting to $30 million, although last week showed a significant decrease. While outflows for Ethereum continued, investor sentiment surrounding Bitcoin appears to be slowly changing. According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly report, most providers recorded minor inflows, but […]