CleanSpark reports 120% revenue surge as Bitcoin marginal cost improves
CleanSpark’s Bitcoin treasury strategy is paying off; the company held 10,556 in self-mined BTC at the end of 2024.
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SkyBridge raises $100M for Algorand fund and files for crypto company ETF
Anthony Scaramucci revealed that SkyBridge currently holds $700 million worth of cryptocurrency. 2914 Total views 86 Total shares Alternative investment firm SkyBridge capital hopes to expand its crypto offerings, filing for a crypto-focused exchange-traded fund (ETF) on Tuesday and revealing plans for an Algorand fund at this week’s SALT conference in New York.Speaking to CNBC,…

Anthropic says AI could one day ‘sabotage’ humanity but it’s fine for now
The firm investigated four distinct “sabotage” threat vectors for AI and determined that “minimal mitigations” were sufficient for current models.

Cointelegraph Live on YouTube: Learn Trading Crypto From the Best
Join the world’s largest live crypto trading event on July 30 on Cointelegraph’s YouTube channel! Cointelegraph presents the world’s largest live event fully dedicated to crypto trading: Cointelegraph Crypto Traders Live. Join us for over nine hours of nonstop crypto content and more than 30 star speakers and crypto trading professionals.Guest speakers include industry leaders:…

DBS-owned Indian Bank to Close Account Over Crypto-Related Activity: Report
India’s first digital bank, Digibank, is allegedly closing accounts involved in cryptocurrency-related activity. The claim was made by Twitter user “Indian CryptoGirl” (@Desicryptohodlr) in a tweet posted Jan. 14.As previously reported, the same Twitter user had just recently posted details of alleged anti-crypto restrictions being imposed on account holders by Kotak Mahindra Bank, India's second…

Korea’s Oldest Bank Is Building a Blockchain-Based Security System
South Korea’s oldest bank, Shinhan Bank, partnered with two other companies to develop a blockchain-based security solution.Korea’s Shinhan bank to enhance security with blockchainAccording to a report published on Aug. 14 by local news outlet TheKoreaTimes, Shinhan Bank signed a memorandum of understanding with financial technology startup Ground X and blockchain developer Hexlant to develop…

Exodus wallet posts 80% rise in Q2 revenue with $9.6M in losses
Exodus’ operating revenue in Q2 2024 was primarily driven by the wallet’s exchange aggregation service, which netted $19.9 million.

Hubii’s Nahmii Announces IEO and First Member of Governing Board
Ethereum-based layer-two blockchain scaling platform nahmii has onboarded the Norwegian Block Exchange (NBX) as the first member of its governing association, according to a press release shared with Cointelegraph on Aug. 16.Created by Hubii, nahmii is designed to solve the transaction speed issue on the Ethereum network, which can reportedly manage only 15 transactions per…

Bitcoin battles $20K as trader calls bank chaos ‘2008 all over again’
Bitcoin (BTC) struggled to reclaim $20,000 support at the March 10 Wall Street open as fears mounted over Silicon Valley Bank (SVB) contagion.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader targets $18,000 BTC priceData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it nursed fresh losses, reaching $19,569 on Bitstamp. The pair had seen further downside prior…