Runes are offering a significant lifeline for Bitcoin miners — TeraWulf CEO
The transaction fees are the “wild card” for Bitcoin miners, with the current increase representing a crucial revenue boost for BTC miners, according to TeraWulf’s CEO, Nazar Khan.
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Chamath Palihapitiya sells 15% of his stake in SOFI
Bitcoin billionaire Palihapitiya will use earnings from the sale to fund other “future-shaping technologies” for his venture firm. 847 Total views 13 Total shares Billionaire Chamath Palihapitiya has sold 15% of his position in the crypto and stock trading platform and finance company SoFi. The company went public earlier this year through a merger with…
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No, Bitcoin withdrawals from exchanges are not inherently bullish for crypto
Crypto analysts on X (the social media platform formerly known as Twitter) and in YouTube interviews have been abuzz with talk about the trend of Bitcoin leaving centralized exchanges.On Aug. 29, the quantity of Bitcoin (BTC) held within exchanges saw a decline, reaching its lowest point since January 2018. While various factors might underlie this
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How blockchain intelligence can prevent Russia from evading sanctions
Head of international policy at Chainalysis explains why crypto is not a silver bullet for evading international sanctions. 213 Total views 9 Total shares As pointed out by Caroline Malcolm, head of international policy at Chainalysis, the transparent nature of blockchain technology makes it relatively easy for crypto intelligence companies to track funds related to…
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Fidelity Exec: We Are Very Careful About Where We Offer Cryptocurrencies
Kathleen Murphy, personal investing president of American financial services company Fidelity Investments, has said that the firm does not offer cryptocurrencies on retail trading platforms to protect its clients.Murphy voiced this sentiment during an interview with CNBC published on Oct. 11. After the interviewer asked when she expects users to trade cryptocurrency “in a meaningful…
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Gemini flags ‘big plans’ for Asia with India hub and regional CEO
The exchange reports its new Indian engineering hub will be second in size behind its hub in the United States. 165 Total views 9 Total shares Own this piece of history Collect this article as an NFTUnited States-based cryptocurrency exchange Gemini announced the establishment of a new engineering hub in India with plans to tap…
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Ethereum’s market cap surpasses GM, CME, and tech stocks — What’s next?
2020 has been an impressive year for the Ethereum network and Ether (ETH) price. In November the Eth2 deposit contract quietly launched and before the end of the month the contract had reached capacity with 524,288 Ether locked. When Black Thursday occured on March 12, nearly every cryptocurrency had its price crushed and Ether was not…
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Terraform Labs seeks access to FTX wallets in fraud defense
Terraform filed a motion to access information from wallets used by short sellers during the collapse of its algorithmic stablecoin in 2022. 202 Total views 3 Total shares Terraform Labs is seeking permission from a judge to subpoena data from bankrupt crypto exchange FTX, claiming the information could help its defense against a lawsuit brought…
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Crypto has gone from ‘weird’ to ‘cool’ thanks to NFTs says Visa executive
Visa’s head of crypto Cuy Sheffield said that mainstream users are setting up “crypto wallets in waves” to be a part of the NFT sector. 1497 Total views 12 Total shares Visa’s head of crypto Cuy Sheffield said that investing in cryptocurrency has become a lot cooler thanks to an influx of creative types drawn…