Bitfarms inks another 10,000 Bitcoin miner hosting agreement with Stronghold
The Bitcoin data center firm is deploying an additional 10,000 miners to Stronghold’s Scrubgrass site.
Immutable pledges to fight after SEC ‘sprayed and prayed’ Wells notice
Blockchain gaming platform Immutable says it received a Wells notice from the SEC over alleged securities law violations within "hours" of its first interaction with the regulator.
Bitcoin needs catalyst for $100K, gold going higher, ETH still undervalued: Analyst
Gold and silver are halfway into a “decade-long bull market,” and Bitcoin is one narrative catalyst away from rallying to $100,000, according to 1971 Capital CIO Brian Russ.
dYdX CEO Declares 35% Workforce Reduction
Swiss-based decentralized trading platform dYdX has announced a 35% reduction in its core workforce. Platform CEO Antonio Juliano initially shared the news in a brief post on X, calling the decision “sad” while promising to provide more measured reasoning for the action later. A Leaner dYdX In the social media post, the CEO stressed that
‘Hong Kong’s FTX’ victims win lawsuit, bankers bash stablecoins: Asia Express
Victims of ‘Hong Kong’s FTX’ take aim at $29M seized by police, central bankers bash stablecoins, crypto scammers busted over luxury condo.
Binance partners with Amazon Web Services to enhance user experience
Current Know Your Customer verification procedures are often cumbersome, costly, and time-consuming for industry service providers.
VanEck invests in Web3 gaming startup Gunzilla
It's the second bet on Web3 gaming by VanEck's liquid token strategy fund.
Former FTX’s Head of Engineering Nishad Singh Dodges Prison
Nishad Singh, the former FTX head of engineering, was sentenced to time served and three years of supervised release. He avoided further prison for his role in the multibillion-dollar fraud at the collapsed cryptocurrency exchange. Singh, sentenced by Judge Lewis A. Kaplan in New York, also faces an $11 billion forfeiture, becoming the fourth ex-FTX
Tether Reports $2.5B Profit in Q3, Holds Over $100B of U.S. Treasuries
Stablecoin issuer Tether Thursday reported $2.5 billion of group-wide net profits in the third quarter of the year, bringing year-to-date profit to $7.7 billion as the market capitalization of its flagship cryptocurrency (USDT) neared $120 billion. Some $1.3 billion of the profits derived from yield on U.S. Treasury holdings, while another $1.1 billion was thanks
Crypto Slumps Alongside Trump’s Victory Odds on Polymarket as Uncertainty and Profit-Taking Rise
Bitcoin is down 1.9% in the last 24 hours, but the broader crypto market has suffered a far deeper decline. Trump’s Polymarket victory odds have also taken a beating and are now trading at 61 cents, compared to 67 cents on Wednesday. The price action could be, but isn't necessarily attributed to the election uncertainty