CleanSpark mined 445 Bitcoin in June, surpasses hash rate target
CleanSpark’s CEO Zach Bradford said his firm has set its sights on increasing future hash rate instead of branching out to alternative revenue streams.
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Ripple Incubator Xpring Announces $500 Million Invested in XRP Projects
Ripple incubator and investment arm Xpring has spent $500 million on XRP projects since its launch in May 2018, according to an official blog post on July 2.These funds have reportedly been distributed to over 20 companies, including the blockchain-based gaming platform Forte.In general, the report says that Xpring investments are intended to create use…
Tesla made $1B profit on its Bitcoin buy, says analyst
Tesla is about to make more money from its Bitcoin investments than profits from selling its electric vehicle cars in all of 2020, an analyst at Wedbush Securities said. 1085 Total views 9 Total shares American electric car giant Tesla has seen some massive gains from its Bitcoin (BTC) investment, reportedly having made up to…
Foresight or folly? Data show 70% of exchanges are unmoved by DeFi volume
A recent survey by cryptocurrency data aggregator, CryptoCompare, shows that centralized exchange operators do not see the emergence of decentralized trading venues like Uniswap as a threat despite growing volume and activity in the DeFi space. In its September exchange review, CryptoCompare asked 26 of the leading venues in the space how likely it was for…
‘Sic AI’s on each other’ to solve artificial intelligence threat: David Brin, author
Best-selling sci-fi author David Brin says AIs could be made to police each other under threat of losing blockchain-based registration.
Experts yet to explain massive spike in ETH active addresses
The sudden dramatic spike in active addresses on the network has left many guessing about the cause. 308 Total views 48 Total shares On-chain metrics firm Santiment says it is still investigating the cause of a sudden surge of ETH active addresses, which have eclipsed the previous ATH by a whopping 48%On July 27, the…
Bull trap fears engulf Bitcoin market as BTC paints CME gap below $40K
A run-up towards $40,000 in the Bitcoin market risked exhaustion as Chicago Mercantile Exchange's futures opened on Monday, June 14 with a gap of $1,575, the first since May 17.In retrospect, the downside risks heightened due to Bitcoin's recent bearish pullbacks near the $40,000-level. Atop that, the said CME gap formed between Friday's close of…
Bentley, Bugatti & Rolls-Royce Retailer Announces It’s Now Accepting Bitcoin
Luxury automobile retailer Post Oak Motor Cars is reportedly the first Rolls-Royce, Bentley and Bugatti dealership in the U.S. to accept Bitcoin (BTC) and Bitcoin Cash (BCH) as payment, according to an official press release published September 5.The luxury auto retailer, owned by American businessman Tilman Fertitta, has integrated crypto payment service provider BitPay to…
Report: Google G Suite Twitter Account Compromised to Promote 10,000 Bitcoin Scam
The official Twitter account of Google's G Suite was reportedly compromised to promote a Bitcoin (BTC) giveaway scam, technology and business news outlet the Next Web reported Nov. 13.The G Suite Twitter account was reportedly hacked to advertise a BTC giveaway scam to the page’s more than 800,000 followers. Scammers supposedly spread a message luring…