Bitcoin miner IREN overstated its compute ability and prospects, says lawsuit
An investor in IREN, formerly Iris Energy, sued the crypto miner, accusing it of overstating its high-performance computing ability and business prospects.
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Bitcoin price holds $10.5K but a $30M sell wall looms overhead
According to Cole Garner, a well-respected on-chain analyst, there is a 2,800 BTC sell wall on Binance. With Bitcoin (BTC) price currently trading at $10,700, this is equivalent to a batch of sell orders worth $30 million on just one exchange.While it does not necessarily indicate that a market-wide pullback is imminent, it hints that…

Arthur Hayes loves tariffs as printed money pain is good for Bitcoin
BitMEX co-founder Arthur Hayes says US President Donald Trump's tariffs may rattle the global economy in some ways, but that same disruption could be exactly what Bitcoin needs to rally. “Global imbalances will be corrected, and the pain papered over with printed money, which is good for BTC,” Hayes said in an April 3 X

Hacked Italian Exchange Altsbit to Shut Down in May 2020
Altsbit, a small cryptocurrency exchange that lost “almost all funds” in hack on Feb. 5, will shut down its services in May 2020.After Altsbit first reported on the hack on Twitter on Feb. 6, the exchange released withdrawal instructions on Feb. 9. According to the statement, the hack caused Altsbit to have lost 6.929 Bitcoin…

All Top 10 Cryptocurrencies in Green, Bitcoin Breaks $6,500
Friday, Aug. 17: all top ten cryptocurrencies by market cap have seen green today, with Ripple (XRP) and EOS up over 15 percent over the past 24 hours, according to Coinmarketcap. Market visualization from Coin360 Bitcoin (BTC) keeps gaining momentum, seeing a steady growth today with its price hovering around $6,500 point. The top cryptocurrency…

6 AI applications already in use in the healthcare industry
AI is accelerating scientific breakthroughs and improving research outcomes. Here are eight projects harnessing its power to improve human life quality.

Latinx communities continue to rise above Bitcoin adoption obstacles
Digital assets have recently become more and more prevalent in our daily lives — in the news, popular culture and our personal interactions. In the first quarter of 2021, the number of global daily Bitcoin (BTC) transactions hit 367,536. Bitcoin alone now accounts for around $20 billion of daily online transactions. Not only this, but…

What is a Helium miner and how does it work?
Mining helps verify the legitimacy of transactions conducted via a blockchain network such as the Bitcoin blockchain. Miners can start mining cryptocurrencies using hardware like a central processing unit (CPU) or application-specific integrated circuits (ASICs). Alternatively, they can use smartphones powered by Android and iOS systems to mine the cryptocurrencies of their choice.But, how about…

CeFi interest on the wane: Will BlockFi, Ledn and Nexo rates trend lower?
Generating a yield on crypto is increasingly tricky. The Terra ecosystem implosion — where up to $50 billion was wiped out — led to a decline in decentralized finance (DeFi) protocols offering interest.At the other end of the table, centralized finance, or CeFi, where all processes are rooted through a central body, has endured a comparatively peaceful…