Bitcoin mining hashrate set to slow down — Here’s why
After a tough 2024 for the Bitcoin mining industry, mining companies might finally get some relief as competition might slowly cool down.
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Two Pro-Crypto Candidates Score Wins in US Midterm Gubernatorial Elections
Two pro-cryptocurrency candidates have won seats to become governors of the U.S. states of California and Colorado in the country’s midterm gubernatorial elections, fintech news outlet TrustNodes reports Nov. 7.In the California race, Democrat contender Gavin Newsom sealed 59 percent of the electorate’s support to defeat the Republican Party’s John Cox. According to local newspaper…

How Cryptocurrency Can Help in Paying Universal Basic Income
Due to the crisis caused by COVID-19, millions of people have lost all or part of their income. To support them, governments have been giving out money to victims. Is it possible to make this practice permanent? And if so, why will we need state digital currencies?The COVID-19 pandemic has forced the United States, Canada,…

Judge will consider whether to try Sam Bankman-Fried separately for superseding charges: Report
Prosecutors said they were prepared to try SBF on his original eight-count indictment starting in October, with the remaining five charges to be decided by Judge Lewis Kaplan. 450 Total views 2 Total shares A United States federal judge is reportedly weighing a proposal to split former FTX CEO Sam Bankman-Fried’s (SBF) criminal charges into…

Ethereum co-founder Vitalik Buterin becomes billionaire as Ether hits $3K
Vitalik Buterin’s crypto holdings have doubled since January 2021 to surge above $1 billion. 3140 Total views 26 Total shares Vitalik Buterin, a co-founder of the world’s most popular smart contract platform, the Ethereum blockchain, has officially become a crypto billionaire.Buterin’s public Ether address, which he described as his main wallet back in 2018, has…

Blockfolio rides off into the sunset, but it’s a new dawn for FTX App
FTX indicated that although the Blockfolio brand is being retired, this would not affect the services offered to users. The Blockfolio brand is no more: One of the first genuine product brands in the cryptocurrency space, the mobile app that started life as a portfolio tracker — and later morphed into a trading app under…

3AC founder has ‘chosen to ignore his duties’ by not responding to subpoena, say bankruptcy lawyers
According to the filing, Kyle Davies was “without question” aware of the subpoena posted to Twitter, citing the 3AC founder's online activity and attempts to raise funds for GTX. 86 Total views 1 Total shares Own this piece of history Collect this article as an NFTThree Arrows Capital founder Kyle Davies has not responded to…

Circle’s high-yield USDC business accounts take aim at DeFi
High yields and frequent interest payments on Circle’s business accounts may be designed to compete with DeFi protocols 640 Total views 12 Total shares Originally launched as an attractive alternative to traditional fiat business accounts for Internet-based ventures, the latest features for the Circle Business Account appear to take aim at a different kind of…

Price analysis 8/26: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
Bitcoin and altcoins are witnessing some profit taking today, but the overall uptrend remains intact.