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Blockchain

FTX CEO Disputes Sam Bankman-Fried’s Claims of Solvency and No Harm to Creditors

John J Ray III, the chief executive officer of FTX Trading Ltd, has issued a strong rebuttal against former CEO Sam Bankman-Fried’s assertions regarding the company’s financial state and the
Blockchain

Report: Bitcoin’s Mining Landscape Braces for Shift as Halving Could Slash 100 EH/s of Hashpower

Based on a recent analysis, numerous outdated bitcoin mining devices likely powered up in response to the latest uptick in bitcoin’s value However, with the anticipated block reward halving,
Blockchain

From Rollups to Sidechains, L2 Watch Catalogs Dozens of Bitcoin Layer 2 Solutions

In recent years, attention towards layer two (L2) scaling solutions for Bitcoin has persisted, though bitcoin capacity in the Lightning Network has seen a decline In recent years, other varieties of
Blockchain

9 New Bitcoin ETFs Accumulate $1.3B in BTC in 6 Days as Funds Near the 500,000 Milestone

In the span of just six days, the nine freshly launched spot bitcoin exchange-traded funds (ETFs) have gathered 20,85957 bitcoins, valued at over $13 billion Holding 474,36355 bitcoins worth $306
Blockchain

NFT Sales Tumble 18.57% in 7 Days Amid Broad Crypto Market Retreat

This week’s non-fungible token (NFT) sales have taken another nosedive, intensifying the downtrend that began with a 1655% decline from March 9 to March 16, 2024 The last seven days have
Blockchain

From Peak to Present: GBTC’s Bitcoin Holdings Decrease by 266,827 BTC in 71 Days

As of March 22, the bitcoin holdings of Grayscale’s Bitcoin Trust (GBTC) have diminished by 27,91737 compared to its status three days prior, now amounting to 350,252 bitcoin valued at
Blockchain

UK Court Convicts Woman Found With More Than $4.3 Billion in BTC

A London resident reportedly caught with bitcoins worth over $43 billion has been convicted for entering into a money laundering arrangement The woman specialized in converting digital assets into
Blockchain

Reports: Crypto Is at the Forefront of the Side Job Economy for Argentines

Argentines are increasingly turning to online side jobs to have an additional crypto-based income According to the local press, students who have lower incomes and are affected by the adverse
Blockchain

UN Report: Crypto Crime Provided North Korea up to Half of Its Foreign Currency Income

A report issued by a United Nations panel of experts has concluded that cyber crypto heists have provided 50% of the foreign currency income for North Korea since 2017 The report indicated that North
Blockchain

GAIMIN and io.net Agree to Collaborate on the Powering of Cloud Gaming

PRESS RELEASE GAIMIN (wwwgaiminio), the world’s leader in delivering decentralised data processing power through gaimincloud (wwwgaimincloud), and ionet (wwwionet) one of the world’s largest
Blockchain

Ripple CEO Expects SEC to Lose Against Ethereum, Mirroring XRP Lawsuit Outcome

Ripple’s chief executive believes the US Securities and Exchange Commission (SEC) will be unsuccessful in classifying ether as a security, similar to how the agency lost its legal battle, for
Blockchain

Avalanche Doubles Down on Meme Coins: Announces $1 Million Liquidity Mining Incentives Program

The Avalanche Foundation announced the launch of Memecoin Rush, a program designed to incentivize meme coin liquidity providers on selected platforms in the AVAX environment The program will allocate
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