Iris Energy Acquires 7,000 Next-Gen T21 Bitcoin Miners in Deal With Bitmain
The Australia-based and Nasdaq-listed Iris Energy recently announced the acquisition of 1.3 exahash per second (EH/s) capacity in Bitmain’s latest A…
Slumbering Bitcoin Cache Awakens After More Than a Decade, Transacting $3.77 Million
In September and October 2023, a surge in activity was observed as numerous dormant bitcoin wallets from 2012 reawakened, transacting millions in bi…
Fed’s ‘Beige Book’ Paints Dim Economic Picture, Experts Warn Central Banks ‘Have No Ability to Save Anything’
On Wednesday, following the market’s closure, major U.S. indices concluded the day unchanged, coming off a rise the previous day. This surge was inf…
Hacker Demands Full Control Over Kyber in Wake of $47M Breach, Offers Executives Buyout and Staff Severance
A cybercriminal, who has been actively communicating with Kyberswap, issued a new onchain directive, this time insisting on “complete executive cont…
Bankrupt Crypto Lender Celsius Reopens Withdrawals for Certain Custody Clients
The now-inoperative crypto lending firm Celsius has announced the opening of withdrawals for select “Eligible Custody Users,” as declared in a recen…
Bondex: Changing the Recruitment Landscape for Users Benefits
PRESS RELEASE. London, United Kingdom, 29th November, 2023. Bondex , the groundbreaking decentralized professional talent network, is proud to ann…
Bitcoin Whale Soars to 72nd Rank in 2 Weeks, Gathering Over 10,000 BTC Amid ETF Buzz
This week, observers in the crypto sphere have kept a close eye on a notable bitcoin whale address, which impressively climbed from the 492nd spot t…
Study Reveals Bitcoin Mining as a Catalyst for Renewable Energy Growth and Flexible Load Systems
A recently published working paper, collaboratively authored by industry experts, examines the critical influence of bitcoin mining in promoting wor…
CZ Resigns as Chairman of Binance US, Signaling Strategic Shift
On Tuesday, Binance US, the American branch of Binance.com, revealed that Changpeng Zhao (CZ), its former CEO, has relinquished his position as chai…
SEC Struggles to Serve Richard Heart in Multi-Billion Dollar Crypto Case
In an interesting turn of events, the U.S. Securities and Exchange Commission (SEC) faces challenges in its billion-dollar lawsuit against cryptocur…
With Just 0.0004% of Bitcoin’s Hashpower, Solo Miner’s 2 PH/S Effort Secures Block Reward
On November 26, 2023, a stroke of remarkable luck befell a solo miner when they discovered block 818,588, verifying a total of 4,193 transactions. T…
Bitcoin User Alleges Hack Linked to Erroneous 83.65 BTC Fee Incident
The crypto community was initially baffled by the massive fee of 83.65 BTC , originally attributed to a costly mistake. However, recent revelations …
Former NYSE President: Money Will Flood Into Crypto Industry With Spot Bitcoin ETFs
Former NYSE President Tom Farley expects money to “flood” into the crypto industry when the U.S. Securities and Exchange Commission (SEC) approves s…
Report: Bankman-Fried Trades Mackerel for a Haircut, Shares Dorm With Ex-Honduran President
Sources close to the situation have revealed that FTX’s founder, Sam Bankman-Fried, is adapting to his new life at the Metropolitan Detention Center…
Hopeful Bitcoin Enthusiasts Anticipate a ‘Santa Claus Rally’ Echoing Past Holiday Season Surges
As we near December, some bitcoin enthusiasts are buzzing with anticipation that a ‘Bitcoin Santa Claus rally’ might emerge this year, reminiscent o…
Tron’s Justin Sun Announces ‘Epic Airdrop’ in Wake of HTX, Heco, and Poloniex Hacks
In the aftermath of September’s HTX breach, along with the subsequent attacks on Poloniex and Heco Bridge in November, HTX faced yet another securit…
Bitcoin Transaction Fees Dip Amid November’s Surging Miner Revenues
Transaction fees for Bitcoin have eased, following their surge to more than $18 per transaction on two separate occasions last week. As of November …
Grayscale’s GBTC Witnesses Historic Shrink in Discount to NAV as Metric Taps Single Digits
On Friday, data revealed a notable shift in Grayscale’s Bitcoin Trust, commonly referred to as GBTC, as its discount to net asset value (NAV) contra…
Ethereum L2 Platform Blast Draws $400M in a Week Despite Invite-Only Access and Criticism
This week, the crypto community is abuzz with discussions about Blast, a new Ethereum layer two (L2) platform. The project gained prominence after s…
ECB Chief Christine Lagarde Reveals Her Son Invests in Crypto Despite Her Warnings — ‘He Ignored Me Royally’
The president of the European Central Bank (ECB), Christine Lagarde, has reportedly revealed that her son invested in crypto despite her warnings. “…
UAE’s Bitcoin Mining Firm Phoenix Group Secures $370 Million in Oversubscribed IPO
The United Arab Emirates (UAE) is making its entry into the bitcoin mining sector. In a recent declaration by Phoenix Group PLC, a bitcoin mining en…
Richard Teng Takes Charge as Binance CEO Following Changpeng Zhao’s Exit
After Changpeng Zhao’s exit, Richard Teng has stepped in as the new chief executive officer of Binance, the globe’s largest crypto exchange in terms…
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