Bitcoin Miner Argo Repays $35 Million Bailout Loan From Galaxy Digital
The London-based firm repaid the loan ahead of schedule while sustaining its operations.
Month: August 2024
Price analysis 8/12: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
The S&P 500 Index is extending its recovery, boosting buying in Bitcoin and select altcoins in the near term.
FBI takes down ransomware gang that hacked dozens of companies
The FBI’s takedown of the Radar/Dispossessor ransomware and extortion gang is a rare win in the fight against ransomware. © 2024 TechCrunch. All rights reserved. For personal use only.
What I Learned About Crypto’s Future From Basecamp and FWBFest
Binji Pande, who works on partnerships at Optimism Unlimited and is contributor to The Optimism Collective, visits two summer retreats and returns with insights about how crypto can get greater user adoption.
‘I’ll Be Fine’ in Prison: Pump.fun Attacker Pleads Guilty in London
After siphoning $2 million worth of Solana from Pump.fun back in May, Jarett Dunn could face more than seven years in prison.
Bitcoin Bandits Swipe $700,000 in Apparent Targeted Attack in Costa Rica
A band of armed robbers forced a group of Israeli nationals to hand over $700,000 worth of Bitcoin at an event in Puntarenas, Costa Rica.
Hamster Kombat turns down venture capital offers
Hamster Kombat has attracted more than 300 million users to the game, setting records in Web3 game development.
Ford offers free home EV charging for some Texas residents in first-of-its-kind deal
Image: Ford Ford and TXU Energy, one of Texas’ largest electric providers, have partnered up so customers can get free EV charging at home. Owners of newer Ford EVs and plug-in hybrids who sign up for TXU’s Free EV Miles program can get full credit back on their utility bill if they charge up during … Read more
Bitdeer clocks 50% gross profit jump amid Bitcoin mining ramp up
The Bitcoin miner reported a net loss of $17.7 million in the second quarter of 2024 despite hashrate growth.
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VCs Show ‘Flight to Quality’ in Q2 Funding Report
PitchBook reports $2.7B in venture funding, up from Q1, but with less deal flow. It expects $12-14B for the year, up significantly on 2023’s numbers.
DEF buys patent to stop lawsuits against MakerDAO and Compound
The patent for “oracle-like” data storage contained technology that was already in existence, DEF said.
SEC Charges NovaTech Founders in Alleged $650 Million Crypto Scheme
The regulator’s action follows a similar lawsuit against the operation by the New York Attorney General’s office.
SEC Files Fraud Charges Against Promoters of NovaTech, Alleged $650M Crypto Pyramid Scheme
The U.S. Securities and Exchange Commission (SEC) filed suit against an alleged crypto pyramid scheme, NovaTech, and eight of its promoters on Monday, charging them with fraud and multiple violations of federal securities laws.
PlayFi To Launch Genesis Node Sale Early After 70K Transactions In One Week
NEW YORK CITY, New York, August 12th, 2024/Chainwire/–PlayFi, an AI-powered data network and blockchain tailored for the live content industry, today announces the upcoming small, exclusive batch sale of Genesis Nodes. While PlayFi’s main Node Sale will take place later in 2024, the recent traction of the testnet – which saw over 70,000 transactions take … Read more
Zeus Network Launches Final Testnet, 15K Wallets Connected In 72 Hours
NEW YORK, New York, August 12th, 2024/Chainwire/–Zeus Network announced the launch of its first dApp APOLLO, built on top of Zeus Program Library (ZPL) and marking the final Testnet to integrate Bitcoin liquidity with the Solana ecosystem. In just 72 hours, the testnet has seen over 15,000 wallets connected since its launch on August 8th, … Read more
How a Sports Brand Used Fake Celebs to Pump an ‘Insane’ Cryptocurrency
Sports supplements company Insane Labz allegedly paid trolls to impersonate MMA celebs Dana White, Nate Diaz, and Hasbulla and pump its token.
Judge finds Ripple Labs liable for $125M penalty in SEC case: Law Decoded
Ripple faces a $125 million civil penalty after a federal judge rules in favor of the SEC, rejecting the agency’s $2 billion claim.
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Super PAC focuses on unseating Sen. Warren, spends $850K on John Deaton
The Commonwealth Unity Fund has disseminated more than $1 million in Massachusetts to support Republican John Deaton’s bid for the US Senate.
Harness the power of AI and ML using Splunk and Amazon SageMaker Canvas
As the scale and complexity of data handled by organizations increase, traditional rules-based approaches to analyzing the data alone are no longer viable. Instead, organizations are increasingly looking to take advantage of transformative technologies like machine learning (ML) and artificial intelligence (AI) to deliver innovative products, improve outcomes, and gain operational efficiencies at scale. Furthermore, … Read more