Bitcoin miner profits drop as halving, power costs weigh — JPMorgan
BTC miners are struggling to adapt to a post-halving environment.
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Bitcoin wipes nearly a week of gains in 20 minutes, falling under $41K
The price of Bitcoin suddenly dropped 6.5% to fall below $41,000 on Dec. 11, wiping out around five days of gains. 1904 Total views 38 Total shares The price of Bitcoin (BTC) briefly fell below $41,000 following a sudden 6.5% drawdown from $43,357 to as low as $40,659 in just 20 minutes at 2:15am on
VC firms are slowing down crypto investments for a 'nuanced reason' — Venture Capitalist
Adam Cochran highlighted that crypto funding has slowed as venture capitalists prefer to focus on “breakout trends” rather than “moonshots.”
Alameda Research files suit against Grayscale over ‘self-imposed redemption ban’
The FTX debtors want to “unlock” $9 billion in share value and management fees that they dispute through the Delaware Court of Chancery. 1326 Total views 21 Total shares Own this piece of history Collect this article as an NFTAlameda Research has filed suit against Grayscale Investments in the Court of Chancery in the State…
Bittrex may still face enforcement action in Florida amid bankruptcy
A filing in bankruptcy court from Florida's Office of Financial Regulation suggested the regulator still had the “administrative discretion” to charge Bittrex. 195 Total views 1 Total shares The Florida Office of Financial Regulation is considering action against United States-based cryptocurrency exchange Bittrex, which filed for Chapter 11 bankruptcy protection in May.In a July 5…
Polkadot creator Gavin Wood proposes June 15 for first Kusama parachain auction
The first Kusama parachain auction could happen by mid-June if the council votes in favor of a recently released tentative schedule. 4571 Total views 3 Total shares Polkadot and Kusama creator Gavin Wood has published a tentative schedule for the much-anticipated Kusama parachain slot auctions. According to a blog post posted on Tuesday, the first…
Can Blockchain Technology Counter US Anti-Message Encryption Bill?
The Electronic Frontier Foundation (EFF) is attempting to alert the public to a bill that seeks to end the encryption of online messages and prevent it from being enacted by the United States Congress.The so-called EARN IT bill proposes that digital messages should first pass through government-approved scanning software in order to monitor for malicious…
China’s Communist Party eyes blockchain for ‘decentralizing’ social services
Beijing’s strategic vision is to use blockchain technology, artificial intelligence, big data and 5G in social assistance system reforms. The Chinese Communist Party has identified blockchain as a key tool for its innovation of nationwide social services.On Aug. 25, the General Office of the Central Committee of the Communist Party of China and the General…
36% of the top 1,000 crypto projects went silent on blogging this year
A whopping 35.8% of the world’s largest crypto projects haven’t uploaded a single blog post in 2023, according to blockchain marketing agency Guerilla Buzz. 344 Total views 4 Total shares Own this piece of history Collect this article as an NFTMore than a third of the top 1,000 crypto projects — a term that includes…