Canaan Launches New Energy-Efficient Miner A1566 at Bitcoin Asia 2024
Canaan has launched a new mining machine at the Bitcoin Asia 2024 conference. According to a recent report by the South China Morning Post, the new A1566 model marked the…
UAE Offers Friendlier Crypto Scene Than US Due to Political Stability: Komodo CTO
Komodo CTO Kadan Stadlemann said the United Arab Emirates’ (UAE) political stability fosters a friendlier environment for crypto businesses to flourish, compared to the challenges they face in the US.…
Bitcoin Price Prediction as Weak U.S Jobs Data Spurs Rate Cut Hopes – Will BTC Surge?
Bitcoin Price Prediction Bitcoin (BTC) dipped slightly by 0.20%, settling at $63,000, yet maintains a bullish stance in the latest bitcoin price prediction. The rise in jobless claims to 231,000,…
Arch Labs $7 Million to Develop Bitcoin-Native Application Platform
Arch Labs has secured a $7 million investment to develop a Bitcoin-native application platform. The seed funding round was led by Multicoin Capital with other participants and contributors including Portal…
Jack Dorsey Forecasts Bitcoin Will Surge to $1 Million By 2030
Tech leader Jack Dorsey is betting big on Bitcoin, forecasting a price explosion to over $1 million by 2030. As Pirates Wire’s Mike Solana asked for his take on Bitcoin’s…
Stablecoin Issuer Tether Hits Back Deutsche Bank’s Argument Over its Solvency
In a latest response, Tether, the world’s largest stablecoin, has vehemently criticized Deutsche Bank’s statement, which questioned the sustainability of stablecoins and Tether’s solvency. A Deutsche Bank research, published Tuesday,…
BlockFi Shuts Web Platform, Partners with Coinbase for Crypto Withdrawals
Embattled crypto lender BlockFi announced Thursday that it plans to close its web platform this month, and is partnering with Coinbase to distribute funds to clients. The New Jersey-based firm…
Attacker Returns $153,000 Worth of Ether to Victim After Stealing $68 Million
An attacker involved in a $68 million address poisoning scam has exhibited a gesture of goodwill by returning $153,000 worth of Ether to the victim. The address-poisoning attack initially saw…
Eclipse Labs CEO Steps Down Following Sexual Misconduct Allegations
Eclipse Labs founder and CEO Neel Somani has announced he will be “temporarily reducing” his role as the public face for the firm following serious allegations of sexual misconduct. Somani…
Marathon Digital Reports Facing ‘Operational Challenges’ in Q1 Earnings
Bitcoin mining firm Marathon Digital reportedly battled against “operational challenges” to produce record financial results in the first quarter of 2024. In its first-quarter earnings report, the firm reported producing…