Bitfarms accelerates 2.2 EH/s hosting agreement with Stronghold
According to Bitfarms, the mining hardware was originally scheduled to be deployed in Yguazu, Paraguay sometime in December 2024.
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Kazakh ministry halts illegal crypto mining operations
Government efforts to identify and disconnect mining farms from the electrical networks will continue, according to the announcement. 134 Total views 10 Total shares The Kazakh Ministry of Energy announced that it has discovered and terminated 13 cryptocurrency mining operations. The government executed the shutdown as part of its efforts to regulate the Bitcoin (BTC)…

FTX and FTX US seek even more funding following acquisitions: Report
Both the major crypto exchange and its U.S. arm closed on separate $400 million funding rounds in January. 349 Total views 11 Total shares Crypto exchange FTX and its United States subsidiary FTX US have reportedly each set new fundraising targets following the firms planning several high profile acquisitions and credit lines to firms.According to…

Grayscale adds a ‘cool $300M’ in a day and $1B this week
“Added a cool $300 million in AUM in one day,” boasts Grayscale CEO Barry Silbert. Crypto fund manager Grayscale Investments has increased its assets under management (AUM) by $1 billion in the space of a week.According to an update posted to Grayscale’s Twitter account on Oct. 22, the investment firm currently has $7.3 billion in…

Nigerian Scammers Used BTC & Gemini Exchange to Siphon Millions
The two Nigerians jetsetters who filled their Instagram accounts with pictures of their ostentatious wealth were extradited from Dubai to the United States. According to the FBI, they were able to convert millions of dollars into Bitcoin (BTC) via the Gemini exchange.Transaction summary for Bitcoin address 16AtGJbaxL2kmzx4mW5ocpT2ysTWxmacWn. Source: Crystal BlockchainThe two are Olalekan Jacob Ponle,…

What determines Bitcoin’s price?
Bitcoin’s price is influenced by a mix of factors, including supply and demand dynamics, mining costs, regulatory developments, market sentiment and more.

Avalanche (AVAX) just hit a new ATH, but what’s really behind the price surge?
On Sept.16 Avalanche (AVAX) price hit a new all-time high at $68.89 and over the last few months the project has risen to challenge the Ethereum (ETH) network’s dominance among smart contract platforms. According to the project's website, the layer-one protocol capable of surpassing 4,500 transactions per second (TPS) with a time to finality of…

FT: UK MP Resigns From Two Blockchain Roles Over ‘Secret’ ICO Pay Deal Controversy
A high-profile UK Conservative Member of Parliament (MP) has resigned from two blockchain-related positions after media investigations into an allegedly undisclosed pay deal for his advisory role in a blockchain startup, FT Alphaville reported yesterday, August 1. Grant Shapps, the former chair of the Conservative party until his resignation in the throes of a 2015…

ChatGPT-coded memecoin reaches $638M market cap
The Turbo memecoin surged by over 2,000% in the last three months, sending its market capitalization above $600 million.