Recovered from the SITE123 blog, Aug 2026. Imported as drafts for review.
Bitcoin (BTC) experienced a slight decline to $69,200 early Tuesday following a brief surge above $70,000 late Monday, driven by profit-taking. The movement in BTC prices mirrored fluctuations in major U.S. stock markets, reflecting overall market sentiment. Notably, certain meme stocks and tokens saw significant jumps, possibly influenced by the return of influential equity trader … Read more
Core Scientific’s latest move involves sealing a substantial $3.5 billion, 12-year deal with CoreWeave, a cloud service provider supported by Nvidia. This partnership signifies a strategic transition for Core Scientific, expanding its focus beyond Bitcoin mining to encompass high-performance computing (HPC) and machine learning. With CoreWeave’s assistance, Core Scientific aims to upgrade its infrastructure to … Read more
Crypto exchange Coinbase has disclosed a $25 million donation to fairshake, a crypto-focused super PAC, as part of its increased lobbying efforts ahead of the November U.S. elections. According to Coinbase CEO Brian Armstrong, this latest contribution brings the total raised by Fairshake and its affiliates to $160 million for this election cycle, matching recent … Read more
The Shiba Inu project, owing to its extensive community, frequently becomes a focal point for scams, exploiting the trust placed in the project by its supporters. Consequently, the team regularly alerts the community about various scams aimed at them, including the most recent one involving an administrator named Da Vinci. Shiba Inu Community Is the … Read more
On Monday, June 3rd, 2024, a new GameFi token named Mega Dice ($DICE) made waves in the crypto gaming world by reaching a significant milestone of $1.36 million in its presale. Mega Dice has established itself as a prominent player in the crypto casino industry, boasting a robust user base of over 10,000 active players … Read more
The recent approval by the Hong Kong Securities and Futures Commission (SFC) allows 11 cryptocurrency exchanges to operate in the city, signaling the first progress towards issuing virtual asset trading platform (VATP) licenses since 2022. Hong Kong is positioning itself to become a leading crypto hub, aligning with other global financial centers such as Singapore … Read more
BlackRock and Fidelity’s Bitcoin exchange-traded funds (ETFs) have contributed significantly to their overall ETF inflows this year, constituting 26% and 56% of their respective year-to-date inflows. Since their launch around five months ago, BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise Origin Bitcoin Fund (FBTC) have attracted $16.6 billion and $8.9 billion in inflows. Despite … Read more
In June 2024, news surfaced that MicroStrategy’s CEO, Michael Saylor, reached a $40 million settlement with the attorney general for the District of Columbia, ending a lawsuit accusing him of evading income tax. The settlement, reportedly the largest income tax fraud recovery in the district, resolved allegations that Saylor had not paid income taxes in … Read more
In May, the Ronin network saw a significant uptick in users, surpassing 3 million monthly and daily active wallets, indicating a resurgence in the gaming industry. Known for supporting Axie Infinity and related mini-games, as well as the Mavis NFT marketplace, Ronin’s activity across approximately 15 leading apps has contributed to its success. Comparatively, Ronin’s … Read more
Binance, a leading cryptocurrency exchange, has ceased allowing cash payments for peer-to-peer (P2P) cryptocurrency transactions in India. This means that users in the country can no longer purchase or sell supported cryptocurrencies using cash deposits or receipts. Indian Binance P2P Users Are No Longer Able to Use Cash Indian traders could previously terminate deals after … Read more