Hive Digital sales up 36% as Bitcoin miner forays into AI compute

Multichain has suspended its operations after an unexplained transfer of crypto assets worth millions of dollars took place on July 6. Stablecoin issuers Circle and Tether have frozen over $65 million in assets tied to the suspected exploit of cross-chain router protocol Multichain. The move follows unexplained large outflows from the Multichain MPC bridge on…

Bitcoin (BTC) is nearing a key Fibonacci retracement level which could mark the top of its “pre-halving rally.”That is according to popular social media trader Titan of Crypto, who on Nov. 19 reiterated a pre-halving BTC price target of up to $50,000.Trader: $39,000 is pre-halving BTC price target range floorBitcoin faces stiff resistance sliding back

Graphics card giant Nvidia reported "nominal" sales of its crypto mining chips and expects overall revenues to be down in Q2, which drove down its share price. 65 Total views 13 Total shares American graphics card manufacturer Nvidia’s stock price tumbled in after hours trading on Thursday because the revenue outlook for Q2 has fallen…

Bank of New York Mellon, the world’s largest custodian bank, has partnered with blockchain software firm Chainalysis to track its users’ crypto transactions. 584 Total views 6 Total shares The Bank of New York (BNY) Mellon has announced a partnership with blockchain-data platform Chainalysis to help track and analyze cryptocurrency products. BNY Mellon is the…

Analysts forecast a market size of $81.5 billion for Web3 by 2030, but the growth comes with obstacles along the way. 348 Total views 6 Total shares

DMG token holders take to Twitter to grieve as their holdings crash 75% 2584 Total views 16 Total shares DeFi Money Market, one of the earliest projects aiming to bring real-world assets on-chain, abruptly announced last night that it has “ceased operations.” “As a result of regulatory inquiries, DMM is shutting down,” a statement on the…

Bitcoin (BTC) mining giant Bitmain will increase its capacity by 50% in the next six months on the back of a giant hardware order, a source close to the deal has said.Bitmain eyes 50% capacity increaseAs reported by Chinese social media network WeChat on Aug. 23, Bitmain, which has seen a dramatic reversal of fortunes…

The Autorité de Contrôle Prudentiel et de Résolution concluded its consultation on the regulation of DeFi. 223 Total views 5 Total shares On Oct. 12, the Autorité de Contrôle Prudentiel et de Résolution (ACPR), part of the French Central Bank, published a summary of its public consultation on a regulatory framework for decentralized finance (DeFi).The