Bitcoin miner Rhodium files for bankruptcy in Texas court
Rhodium’s debts range between $50 million and $100 million, while its total assets are estimated between $100 million and $500 million.
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Price Analysis 5/6: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, XLM
Pantera Capital Founder and CEO Dan Morehead is bullish on Bitcoin (BTC) due to the upcoming halving as he believes that “if the new supply of Bitcoin is cut in half, all else being equal, the price should rise”. If history were to repeat itself, Morehead expects the top-ranked cryptocurrency on CoinMarketCap to rally to…
Bitcoin market cap hits new all-time high and surpasses JPMorgan at $352M
Bitcoin outperforms JPMorgan in terms of market capitalization shortly after the firm’s CEO said Bitcoin “is not my cup of tea.” 2725 Total views 18 Total shares Amid an ongoing parabolic bull run, Bitcoin (BTC) is breaking another major milestone in terms of its market capitalization against American banking giant JPMorgan.On Nov. 24, Bitcoin surpassed…
Startup Launches ‘Complete Redesign’ of Blockchain to Address Scalability Concerns
A U.S.-based startup has unveiled a blockchain which can store data as well as transactions — meaning clients no longer need to trust third parties with their data. Fractonet Innovation Technologies, or Fractonet, says its SHA-256-based blockchain has a block size of 1.5 GB, and claims it is capable of handling more than 33,000 transactions…
From DeFi year to decade: Is mass adoption here? Experts Answer, Part 3
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Trident Crypto Fund Data Breach: 266,000 Passwords Stolen
In a major privacy breach, the usernames and passwords of more than a quarter of a million Trident Crypto Fund customers have been stolen and published online.Technical director of cybersecurity firm DeviceLock Ashot Oganesyan told Russian news outlet IZ the database — which contains email addresses, cellphone numbers, encrypted passwords and IP addresses — had…
John McAfee Back in Jail Hours After Release in Dominican Republic
Bitcoin (BTC) proponent and United States 2020 presidential candidate John McAfee reportedly reentered jail this week just a day after his release in the Dominican Republic.‘A record I think’Tweeting photographs of his confinement July 26, McAfee said he had been arrested a second time, but did not give details about the exact circumstances. The entrepreneur, his…
Providing liquidity: Will you dare to be a pioneer?
Whenever you put your assets to work on the blockchain, it’s crucial to balance risk and reward. Although liquidity pools offer a potentially generational opportunity, users must take a realistic look at the DeFi ecosystem and come up with concrete plans to limit their downside. Liquidity pools: The cornerstone of DeFi For decentralized finance (DeFi)…
Nifty News: Sega exec calls P2E games ‘boring,’ Tom Brady’s NFT firm switches it up and more
Sega co-COO yawns at P2E gamesThe co-chief operating officer of Sega has called play-to-earn games “boring” amid the firm’s retreat from franchising some of its hottest properties to the blockchain gaming space.Bloomberg reported on July 6 that Shuji Utsumi, the co-COO of the gaming company behind Sonic The Hedgehog, said Sega would shelve plans to…