Bitcoin mining revenue hits post halving yearly low
Daily revenue from Bitcoin mining dropped to under $3 million as opposed to the previous daily average of roughly $6 million in the first four months of 2024.
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Tampa mayor to accept pay in Bitcoin — Report
The news came mere days after Miami Mayor Francis Suarez announced that he's going to take his next paycheck entirely in BTC. 1459 Total views 46 Total shares Jane Castor, the mayor of Tampa Bay, Florida, has announced that she will begin accepting her paycheck in Bitcoin (BTC), according to multiple sources who attended Florida’s…

Shifting gears: Driving enterprise DeFi adoption through tokenization
Decentralized finance has quickly risen to prominence, largely driven by the fact that there is over $11 billion of total value locked in the sector. While it makes sense that DeFi — a space characterized by terms such as "yield farming" and "meme tokens" — has captured the majority of the cryptocurrency sector's attention, the…

‘I’m sick’ — Scammers use AI, fake ID of crypto influencer to steal $4M
The host of The Wolf Of All Streets podcast, Scott Melker, says he’s received word that his face and name are being impersonated by scammers, with at least one victim duped out of $4 million. On April 23, the crypto investor said, “I’m sick,” reporting that he’d been contacted by a private investigator revealing that

Facing $70M in fines from regulators, Robinhood files for IPO
The U.S. Financial Industry Regulatory Authority delivered its biggest financial penalty against the trading app on Wednesday, and Robinhood still reportedly faces scrutiny from the SEC regarding its business practices. Stock and cryptocurrency trading app Robinhood has filed an application with the U.S. Securities and Exchange Commission for an initial public offering.In a Form S-1…

Symbol blockchain to host whisky fund and central bank collectibles at launch
Symbol, the forthcoming enterprise and security token-focussed blockchain from the team behind XEM, will host a whiskey fund and Lithuanian collectible token at launch. 886 Total views 4 Total shares Proof-of-stake blockchain NEM (XEM) is preparing for a token migration in December alongside the public launch of the Symbol (XYM) blockchain.Speaking to Cointelegraph, NEM Group…

Chinese Tech Group Behind TikTok Looks to Enter Finance
Chinese multinational tech group ByteDance is seeking a virtual banking license in Singapore as a means of entering digital finance. 1024 Total views 36 Total shares ByteDance, the Beijing-based multinational tech group behind Tiktok, is looking into adding banking to its line of products and services. It is currently bidding for a digital bank licence…

Pyth partners with Revolut for real-time digital asset data
Pyth Network partners with Revolut to integrate digital asset data into DeFi, bridging the gap between TradFi and Web3.

Trader loses $1M in scam after Kylian Mbappe’s X account is hacked
The trader lost over $1 million within a single hour, not realizing that the Real Madrid footballer’s account was hacked before endorsing the scam token.