Public miners raised $2.2B as cash flow crunch intensifies post-halving
A total of nine out of 13 US-listed Bitcoin mining companies raised capital through stock offers in the second quarter of 2024.
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Coinbase acquires crypto exchange data aggregator Zabo
Zabo’s API integrations include more than 50 crypto exchanges and wallet services, including Coinbase’s rival Kraken. 277 Total views 106 Total shares Nasdaq-listed cryptocurrency exchange Coinbase continues buying spree by acquiring the cryptocurrency aggregator service Zabo.According to a Wednesday announcement, Coinbase has started the process of acquiring Zabo, a Dallas-based cryptocurrency startup providing data integration…

Derivatives data suggests that Bitcoin’s $39K bounce was a mere blip
Bitcoin (BTC) bulls are probably quite disappointed with how the start of 2022 has shaped up, especially since the cryptocurrency plunged over 20% in the first 25 days of the year. Even more shocking is the fact that the supposed $32,930 bottom on Jan. 21 was the lowest level BTC price had seen in 6…

House Republicans urge tighter export controls on advanced chips
The letter follows the unveiling of Huawei Technologies’ Mate 60 Pro smartphone, which incorporated advanced chips manufactured by China’s Semiconductor Manufacturing International Corporation. 44 Total views 2 Total shares Two senior Republican members of the United States House of Representatives on Friday, Oct. 6, urged the Biden administration to strengthen the enforcement of export controls

Telegram’s TON OS to Go Open Source on GitHub Tomorrow
Telegram recently delayed their open network, TON, and their cryptocurrency, GRAM, once again. There is one related project that has not experienced these setbacks, however. TON OS, an operating system for the TON blockchain, will soon get an open source release.The project’s core infrastructure developers, TON Labs, are planning to open source the main components…

Teen’s mom sues Character.ai, alleging sexed-up bots led to son’s death
The 14-year-old boy’s last interaction was with a Character.ai chatbot before he tragically shot himself in the head in February, his mom alleged in a lawsuit filed on Oct. 22.

Huobi Group is moving to Gibraltar following China crackdown
Huobi Gibraltar has already secured the necessary licenses from local authorities. 718 Total views 12 Total shares Huobi Group, a Bitcoin (BTC) technology firm established in 2013, is relocating its spot-trading business to Gibraltar as a precautionary measure following China’s cryptocurrency clampdown.According to a report by Bloomberg, the Gibraltar Financial Services Commission has authorized Huobi…

US lawmakers to make a last-ditch effort to confirm SEC commissioner
Caroline Crenshaw may still have one more chance to be confirmed for a second term as an SEC commissioner before the next session of Congress.

Shiba Inu risks drop with SHIB’s 574% October’s price rally near exhaustion
Shiba Inu's massive gains all across October may pare on potential bearish divergence signals and an overvalued relative strength index. 514 Total views 3 Total shares Shiba Inu (SHIB) may see a pullback by almost 25%-35% on fears that the cryptocurrency's excessive price rally in October has left it overvalued, a key indicator shows.Dubbed Relative…