Riot Platform buys Kentucky-based Block Mining for $93M
Riot says the deal will immediately add one exahash per second to its self-mining hashrate and expands its footprint in the United States.
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Delta Exchange Releases Bitcoin-Tether Futures Contracts
Singapore-based Delta Exchange has announced the launch of Bitcoin (BTC)/Tether (USDT) futures contracts, allowing users to trade BTC futures with USDT collateral, starting on April 14 at 9:00 a.m. EDT.According to the company, the industry has seen surging demand for a stable digital currency amidst fears of an economic recession. Speaking to Cointelegraph, Delta Exchange CEO…
BTC price hits $48K with little resistance left before $50K retest
The "final hurdle" before all-time highs is now in sight, say analysts, as Bitcoin adds to weekly gains. 2927 Total views 32 Total shares Bitcoin (BTC) quickly returned to $48,000 during Sept. 15 as BTC/USD continued on the path to a $50,000 retest. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin takes aim at $50,000Data from Cointelegraph…
Bison Trails’ new Polkadot API promises faster access to data
The Polkadot Indexer is said to provide a more efficient way to get data from the Polkadot blockchain and its experimental platform, Kusama. 4310 Total views 9 Total shares Bison Trails, a blockchain infrastructure company that was recently acquired by Coinbase, has launched a new Polkadot API that could allow developers to build their applications…
Ethereum Challenges Hackers to Attack Proposed 2.0 Networks
The Ethereum Foundation, or EF, has launched public “attack networks” for Ethereum 2.0 based on existing stable clients.The networks are designed to give security researchers a sandbox environment where they can try to break Ethereum 2.0’s networks by exploiting potential issues in the clients. Currently there are two “beta-0” attack networks based on the Lighthouse…
Los Angeles Mayor’s Office Hosts Blockchain Startup Competition
The Los Angeles Mayor’s Office of Budget & Innovation and the city’s Information Technology Agency (ITALA) have partnered with Goren Holm Ventures (GHV) to host a blockchain startup contest called Block Tank.According to a Goren Holm Ventures press release published on Sept. 16, the event will take place in front of a panel of celebrity…
Data shows the ‘Bitcoin price drops ahead of CME expiries’ claim is a myth
Historically, activity surrounding the Bitcoin (BTC) monthly futures and options expiry has been blamed for weakening bullish momentum. A few studies from 2019 found a 2.3% average drop in BTC price 40 hours before the CME futures settlement date. However, as Cointelegraph reported in June 2020, the effect faded away. While 2020 seems to have rejected…
‘Thank God for Bitcoin,’ Cynthia Lummis says on US debt limit raise
Bitcoin should be there to allow people to save in the event the government fails, Senator Cynthia Lummis said. 1095 Total views 41 Total shares Amid the United States President Joe Biden signing legislation to raise the government’s debt limit to $28.9 trillion, Senator Cynthia Lummis said that Bitcoin (BTC) is a blessing of God.Senator…
Thai authorities arrest five in 3,200-victim, $27M crypto scam
Victims lost over $27 million worth of Thai bhat after investing in a fraudulent cryptocurrency investment platform. 348 Total views 4 Total shares Authorities in Thailand arrested five foreign nationals linked with a fraudulent cryptocurrency investment platform that fleeced over $27 million from local investors.According to an initial report from the Bangkok Post, Thailand’s Cyber