Bitcoin’s Coinbase premium hits 39-day high as $63K is reclaimed
Bitcoin demand among United States investors surged after the Federal Reserve confirmed its intentions to lower interest rates.
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MARA Holdings falls 9% after-hours after Q3 revenue miss
Mara Holdings posted a net loss for Q3 and missed analyst revenue estimates despite mining more Bitcoin blocks and boosting its energized hashrate by 17%.
Armenian PM Attends Launch of Mining Farm Claiming to Be One of ‘World’s Largest’
The opening ceremony of a new mining farm touting itself as one of the “world’s largest” was held in the Armenian capital Oct. 18, according to a report by local platform News Armenia. The Armenian Prime Minister and other top officials were reportedly in attendance.The new mining farm is reportedly a joint venture by major…
Finance Redefined: Uniswap goes against the bearish trends, overtakes Ethereum
This past week, the decentralized finance (DeFi) ecosystem tried gaining some momentum amid the bear market crash. Uniswap saw a trend reversal and overtook Ethereum regarding network fees paid. However, not all DeFi protocols were as lucky, as Bancor had to pause its “impermanent loss protection” in the wake of a hostile market.DappRadar’s report shows…
What is Midjourney, and how can you use it to create AI art?
Midjourney is a generative artificial intelligence (AI)-powered platform that allows users to generate unique artwork such as characters, images and depictions through short text prompts. A generative AI platform is an artificial intelligence system that can generate new and unique content, often in images, text or other creative outputs. Unlike traditional rule-based AI systems designed for
Price analysis 7/17: SPX, DXY, BTC, ETH, XRP, BNB, SOL, ADA, DOGE, MATIC
Bitcoin remains stuck inside a narrow range, making it difficult to predict the direction of the next possible breakout. The U.S. Dollar Index (DXY), which generally moves in inverse correlation to Bitcoin (BTC), dropped below 100, but that has failed to propel Bitcoin higher. This suggests that Bitcoin is charting its own course in the near…
Senators slam bank execs for blaming collapses on crypto, pocketing millions
A former Signature Bank executive has been slammed for seemingly trying to place the blame for his bank’s collapse on crypto while purportedly being able to pocket millions in bonuses and stock options. During a Senate Banking Committee hearing on May 16, United States Senator Cynthia Lummis lashed out at Scott Shay, the former chairman of…
Researchers Reveal Crypto Mining Botnet’s Sneaky Tactics
The cybercriminals behind the crypto mining Stantinko botnet have devised some ingenious methods to evade detection.Malware analyst Vladislav Hrčka from cybersecurity firm ESET sounded almost impressed as he unveiled the firm’s latest findings, and potential countermeasures, in a blog post. “The criminals behind the Stantinko botnet are constantly improving and developing new modules that often…
Cathedra Bitcoin cools off mining to tap MicroStrategy playbook
Cathedra Bitcoin said Bitcoin mining simply hasn’t provided enough shareholder value on a Bitcoin basis over the last three years, which prompted a change in strategy.