Bitcoin miner profits get squeezed as hash price drops to lowest since October 2023

"We are thrilled to be combining two of our greatest passions — rowing and crypto — with our sponsorship of this historic event," said the Winklevoss twins. 1915 Total views 10 Total shares Tyler and Cameron Winklevoss, co-founders of the Gemini cryptocurrency exchange and former olympian rowers, will be sponsoring the 2021 Oxford-Cambridge Boat Race.In…

Ethereum (ETH) core developer Hudson Jameson announced that a third-party audit of the Application Specific Integrated Circuit (ASIC)-resistant proof-of-work algorithm ProgPoW has been funded. The dev made the announcement during the latest bi-weekly Ethereum core developer meeting held on April 26.During the call, it was specified that the targeted funding amount of 50,000 units of…

Crypto influencers are taking an extra cautious approach to endorsement deals since the collapse of crypto exchange FTX last year, which has seen several celebrities hit with a lawsuit for their alleged role in its promotion. In March, a $1 billion class-action lawsuit was filed alleging that eight influencers promoted “FTX crypto fraud without disclosing compensation.”…

Identity crisis: Cofounder of doodles says it’s not an NFT projectOne of the co-founders of nonfungible token (NFT) project doodles says it is going to pivot away from being an “NFT project” to becoming a “leading media franchise.”In a March 18 post on the project’s Discord, one of the doodle’s founders, Jordan Castro — who…

Gemini crypto exchange has integrated deposits via Apple Pay and Google Pay to simplify crypto purchases. 3348 Total views 27 Total shares Major American cryptocurrency exchange Gemini now lets its users purchase cryptocurrencies like Bitcoin (BTC) with Apple Pay and Google Pay.According to a Thursday announcement, Gemini users can now connect their debit cards to…

The richest country in Europe is coming round to crypto. That’s according to a report by KuCoin which shared some flattering statistics towards the future of crypto in Deutschland. Notably, 44% of Germans are “motivated to invest in cryptocurrencies to be a part of ‘the future of finance’”; while over a third, “37% of German crypto…

Bitcoin (BTC) has been sustaining above $54,000 for the past few days but that has not resulted in euphoria among investors. Google Trends data shows that Bitcoin search interest has not picked up in recent days and is nearing one-year lows. Some analysts believe that this is a sign that only stronger hands are accumulating.A…

The Colibra app is providing a means for air travelers delayed for any reason to receive compensation in crypto. With the global air industry in turmoil due to pandemic-induced flight delays and cancellations, a startup in Bulgaria is providing the option for travellers to receive compensation in Bitcoin.Compensation via the Colibra app is available to…