World’s largest Bitcoin miner announces $250M raise to buy more Bitcoin
The new raise is part of Marathon’s strategy to go “full hodl” and make Bitcoin a strategic reserve asset for the company.
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CEO of crypto derivatives exchange FTX donated $5M to Biden campaign
The “relative newcomer” to politics joined other major CEO donors to the Democratic candidate. 4280 Total views 48 Total shares Sam Bankman-Fried, the CEO of Hong Kong-based cryptocurrency derivatives exchange FTX, donated $5.2 million to Joe Biden’s presidential campaign.As the Wall Street Journal reported on Oct. 28, Biden’s presidential campaign received a total of $79.5 million from…

Bitcoin ‘potentially reached’ local bottom, Bitfinex says
Bitfinex analysts pointed out several reasons suggesting that Bitcoin’s bloodbath should be over soon.

European Commission adopts digital finance package for crypto and blockchain
Europe is one step closer to getting a concrete legal framework for digital finance. The European Commission is moving to provide more legal clarity and certainty for the cryptocurrency industry in its member states.On Sept. 24, the EC officially adopted a new digital finance package including digital finance and retail payments strategies, as well as…

One year on: Top 3 gainers after the ‘FTX crash bottom’
It's been a year since the demise of the FTX exchange — an event that's now increasingly looking like it was the Bitcoin (BTC), which is up roughly 120% from a year ago.In November 2022, the FTX collapse wiped nearly $300 billion off the market cap, impacting several cryptocurrencies. The ones that suffered the most were tokens

MakerDAO Users Vote on ‘Stability Fee’ Increase as DAI Stablecoin Peg Wobbles
Decentralized Autonomous Organization (DAO) MakerDao (Maker) will let users vote on whether or not to raise a fee used within its Dai (DAI) stablecoin, the organization confirmed in a blog post on Mar. 4.Dai, which is a USD-backed stablecoin, is different from Maker’s utility token, MKR, which is trading at $678 by press time. The…

Does Trump care about crypto? Bitcoin is latest battleground in US election
Donald Trump’s stance on crypto has shifted from anti-Bitcoin to now being a pro-crypto presidential candidate.

Crypto’s correlation with mainstream finance could bring more bleeding soon
There’s no denying the fact that the crypto market has been faced with an obscene amount of bearish pressure over the last eight odd months. Despite this, September has been especially turbulent for the industry, with the price of Bitcoin (BTC) dropping below the all-important $20,000 psychological threshold before forging a comeback. While these dips have…

Wemix denies cover-up amid delayed $6.2M bridge hack announcement
Wemix Foundation CEO Kim Seok-hwan said they had no intention of concealing a hack on its bridge, which led to over $6 million in losses. In a press conference, Kim reportedly said there was no attempt to cover up the incident, even though the audience pointed out the announcement was delayed. On Feb. 28, over