August 2024 | Page 55 of 333 | Last Cryptocurrency News Feed

Bitcoin Mining Sector Is in a Consolidation Phase: Architect Partners

The bitcoin mining sector is in the middle of a wave of M&A, the report said. Architect Partners said miners want to secure large data center capacity with access to low cost power and capital. The effect of miner concentration is yet to be seen, the note said. 29:52 Public Miners Raise a Couple Billi

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First Mover Americas: Bitcoin Drops as Traders Take Profits

This article originally appeared in First Mover , CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day . Latest Prices CoinDesk 20 Index: 2,004 −3.5% Bitcoin (BTC): $62,471 −2.4% Ether (ETH): $2,632 −4.1% S&P 500: 5,616.84 −0.3% Gold: $2,547 +1.2% Nikkei 225: 38,288.62

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MakerDAO Is Now ‘Sky’ as $7B Crypto Lender Rolls Out New Stablecoin, Governance Token

The new USDS stablecoin and SKY governance token will be available on Sept. 18 with a new DeFi application to interact with the protocol. The protocol's established tokens DAI and MKR will remain in circulation unchanged, and users can decide voluntarily to exchange. The changes are part of the protocol ongoing overhaul called Endgame. 02:25

Cointelegraph Feed

Binance under scrutiny for seizing Palestinian crypto funds

Binance denied reports suggesting that the crypto exchange seized funds from all Palestinians, stating that only a small number of accounts was restricted.

Cointelegraph Feed

CoinDCX’s Okto wallet secures operational license in UAE free zone

Self-custodial wallet Okto received its license under RAK DAO, an economic free zone dedicated to virtual assets.

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Maker DeFi lending protocol rebrands to Sky ahead of USDS stablecoin launch

Maker is also rebranding the world’s largest decentralized stablecoin ahead of the launch of its governance token, SKY.

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Hackers Target French Sites in Retaliation for Telegram Founder’s Detention

Several French government websites have been taken offline due to a denial-of-service (DDoS) attack reportedly connected to different hacker groups in retaliation for Telegram founder Pavel Durov’s arrest on the weekend. The 39-year-old exec was taken into custody under an arrest warrant alleging that his platform has been involved in money laundering, drug trafficking, and

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Is Solana (SOL) Gearing up for a New ATH? (Analysts Chip in)

TL;DR Solana (SOL) has surged approximately 60% YTD and 670% since August 2023, with some analysts predicting significant further gains. While bullish forecasts abound, certain technical indicators suggest that SOL might face short-term corrections. . Is SOL Headed Towards Fresh Peaks? Solana (SOL) has been among the best-performing leading cryptocurrencies in the past several months.

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Telegram CEO’s Arrest Is Unlikely to Be the Last: Galaxy

The first major arrest of a prominent messaging or social media company CEO may not be the last, Galaxy said. Telegram and Durov were probably resisting takedown or information requests, the report said. Some of the charges could be linked to Telegram's integration with TON or the blockchain's presumed use in illegal activity, Galaxy said.

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Crypto Bank Xapo to Manage $200M Bitcoin-Denominated Hedge Fund With Hilbert Capital

Xapo Bank and Hilbert Capital, the asset management arm of Swedish investment firm Hilbert Group (HILB), plan to manage a bitcoin (BTC)-denominated hedge fund with an initial capital of $200 million. The fund, set to launch in September, will be available to corporates, businesses and professional investors, according to an announcement on Tuesday. 13:53 Bitcoin's