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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Singapore to become Asia’s next crypto hub with 'risk-adjusted' regulation
Singapore’s crypto-friendly regulations and doubling of licenses in 2024 position it as a growing hub for blockchain innovation.

Terraform Labs and SEC lawyers spar over whistleblower in court: Report
Though many filings in the SEC case were made under seal, Judge Jed Rakoff reportedly suggested that nothing would remain confidential should the matter go to trial. 94 Total views 1 Total shares Lawyers representing the United States Securities and Exchange Commission and Terraform Labs and co-founder Do Kwon sparred in court over information provided

Data shows the Bitcoin mining bear market has a ways to go
Bitcoin (BTC) mining is the backbone of the BTC ecosystem and miners’ returns also provide insight into BTC’s price movements and the health of the wider crypto sector.It is well-documented that Bitcoin miners are struggling in the current bear market. Blockstream, a leading Bitcoin miner recently raised funds at a 70% discount. Current mining activity…

Meta launches suite of generative AI music tools rivaling Google’s MusicLM
Meta’s latest suite of generative AI tools allows users to input text to create musical and audio compositions, rivaling a similar tool released this year by Google. 116 Total views 1 Total shares Meta, the parent company of Facebook and Instagram, launched a suite of generative AI models on Aug. 2, which it calls AudioCraft,…

Changes to Tether’s Terms of Reserves Raises Fresh Concerns
Controversial stablecoin Tether is in the spotlight again after changes to the details of the way in which it backs up tokens in supply.As reported on March 14, various online users noted and posted disconcerting changes to the Tether website, which have seemingly altered the way that the company is providing surety for the tokens…

Coinbase hit with proposed trademark lawsuit over Nano derivative products
Crypto exchange Coinbase has been named as a defendant in a legal complaint brought by NanoLabs — the company behind the digital currency Nano (NANO) — over alleged trademark infringement. In the Feb. 24 filing with the California Northern District Court, NanoLabs alleged Coinbase's Nano Bitcoin futures contract and Nano Ether futures contract products infringe on…

‘Unprecedented capital inflows into Bitcoin’ remove 12K BTC from Coinbase in an hour
Investors mean business as current prices remain more than attractive to new buyers. 8792 Total views 29 Total shares Another day, another spike in Bitcoin (BTC) leaving major exchange Coinbase as funds pour into the largest cryptocurrency.Data from on-chain monitoring resource Glassnode showed 12,354 BTC ($694 million) being withdrawn from the Coinbase order book in…

Finance Redefined: Is DeFi really a threat to centralized finance? Oct. 14-21
No major euphoria-worthy moments happened this week — the ecosystem is still cooling off. I think the biggest sign of that is Uniswap’s trading volume. After hitting a peak of slightly less than $1 billion in daily volume in early September, those numbers steadily deflated.Courtesy of Uniswap’s sleek dashboard.But despite the downtrend, I think even the…