Bitcoin price loses ground as TON, PEPE, KAS and JASMY catch traders’ attention

Omar Zaki was convicted of fraud by the SEC three years prior and is allegedly behind two other crypto projects which suffered devastating hacks. 392 Total views 22 Total shares Late Friday afternoon, decentralized finance, or DeFi, investigator @zachxbt published a series of tweets accusing fraudster Omar Zaki of hiding behind the facade of 0xbrainjar,…

For the past two weeks, Ether (ETH) price has been a frequent topic of discussion among traders. Investors are beginning to wonder if the altcoin has finished its retrace from a 2019 high at $364 and this week Ether settled at the $170 support and proceeded to reverse course.Cryptocurrency Monthly Performance. Source: Coin360While this is…

South Korean exchange Bithumb’s international platform Bithumb Global is looking to establish a regulated cryptocurrency exchange in India.The firm is planning to expand its services to India by partnering with local crypto exchanges, funding local blockchain startups and working on new industry initiatives, local media outlet The Economic Times reports Oct. 3.“We are open to…

Bitcoin’s drop to $56,500 crushed bullish traders’ sentiment and took a heavy toll on altcoin prices but are generational buying opportunities emerging?

Chinese mining giant and ASIC hardware producer Bitmain has announced its next generation 7nm (nanometer) ASIC mining chip, according to a press release published on Monday, Feb. 18.The new mining hardware, BM1397, is designed for mining cryptocurrencies that use the SHA256 algorithm for their proof-of-work (PoW), such as Bitcoin (BTC) and Bitcoin Cash (BCH).BM1397 requires…

Rumors continue to swirl suggesting the two-year legal battle between Ripple Labs and the United States Securities and Exchange Commission (SEC) may be coming to an end as early as this week, prompting the crypto community to weigh in on the matter. Speculation about the potential settlement appears to have come from a Dec. 10 ask-me-anything…

Iris Energy has invested $10 million in the latest generation Nvidia GPUs to explore generative AI while it continues to focus on Bitcoin mining. 180 Total views 1 Total shares Nasdaq-listed Iris Energy has bought 248 state of the art Nvidia H100 GPUs for $10 million as it looks to explore opportunities in generative AI…

On Dec. 2, shortly after the long-awaited release of Ethereum 2.0, platform founder Vitalik Buterin announced an updated roadmap. At first glance, it does not differ much from the previous version from March.However, it brought some clarity on current progress and further stages, giving grounds for estimating how soon a full-fledged transition to proof-of-stake and…

Top Stories This Week Judge rules XRP is not a security in SEC’s case against Ripple Ripple Labs scored a victory in a district court in New York on July 13, with Judge Analisa Torres ruling partially in favor of the company in a case brought forth by the U.S. Securities and Exchange Commission (SEC)…