Browsing yearly archive

2024

US SEC approves Ethereum ETFs, Grayscale spot Ether ETFs launch on NYSE Arca

US SEC approves Ethereum ETFs after years regulatory process. Grayscale has launched two spot Ether ETFs on NYSE Arca after the SEC’s approval. The SEC has also approved VanEck Ethereum ETF. In a landmark decision for the cryptocurrency investment space, the US Securities and Exchange Commission (SEC) has granted approval for Grayscale and VanEck Ethereum […]

Swan Bitcoin halts IPO plans and shuts down mining operations

Swan Bitcoin delays IPO plans due to shutdown of its mining operations. CEO cites reduced revenue from mining as reason for halting IPO efforts. Mining sector faces challenges, with firms like Bitfarms and Northern Data adapting. Swan Bitcoin, a financial services firm specializing in Bitcoin investments, has announced a significant strategic shift. Cory Klippsten, the […]

Mark Cuban: Inflationary Pressure Could See Bitcoin Become Global Reserve

Inflationary pressure and geopolitical uncertainty could see Bitcoin become a global reserve currency, states Cuban The billionaire believes Trump’s lower tax rates and tariffs could push up Bitcoin’s price Elon Musk plans to commit $45m a month to back Trump’s presidential run US billionaire Mark Cuban believes that through a combination of inflationary pressure and […]

StarkWare verifies first zero-knowledge proof on Bitcoin

StarkWare has verified the first zero-knowledge (ZK) proof on the Bitcoin. It’s part of the core Starknet developer’s plans to scale Bitcoin for mass adoption. StarkWare has achieved a historic feat by completing the first zero-knowledge proof verification on the Bitcoin network, according to the details posted on X on Wednesday. The blockchain developer revealed […]

Donald Trump picks pro-crypto Senator J.D. Vance as running mate

Trump picks pro-crypto Senator J.D. Vance as his 2024 running mate. Vance holds up to $250,000 in Bitcoin and advocates for favorable crypto regulations. Vance’s background includes military service, Yale Law, and a successful business career. According to an announcement on Truth Social, former President Donald Trump has officially selected Senator […]

Mt. Gox moves Bitcoin worth nearly $2.8 billion

Mt.Gox has moved over 44,500 BTC worth over $2.8 billion to an internal wallet. The price of BTC fell slightly after the transfer, retreating to around $62,835. On-chain data shows a wallet linked to Mt. Gox has just moved more than $2.8 billion worth of Bitcoin. The huge transfer comes as Bitcoin price looks to […]

Dough Finance flash loan attack: What we know so far

Dough Finance lost $1.8M in a flash loan attack due to smart contract vulnerability. Attacker exploited unvalidated calldata stealing USDC before converting the assets into 608 ETH. Users urged to withdraw funds to secure wallets. Dough Finance has fallen victim to a significant flash loan attack, resulting in a staggering loss of digital assets worth […]

Core Scientific the first buyer of Block’s 3nm Bitcoin mining ASICs

Core Scientific buys Block’s 3nm Bitcoin ASICs in a major deal between the two companies. The deal boosts Core Scientific’s hash rate by 60%, enhancing efficiency and profitability. The deal between Block and Core Scientific aims to redefine Bitcoin mining standards, leveraging advanced ASICs. Jack Dorsey’s financial services company Block has finalized a major deal […]