Bitfarms monthly Bitcoin earnings up 34% amid increased hashrate
Bitfarms CEO Ben Gagnon said that the company earned 62% more Bitcoin since the Bitcoin halving event in April.
Month: August 2024
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Bitcoin Still Offers Attractive Risk-Reward Ratio, On-Chain Indicator Shows
Long-term holders are motivated to hold at bitcoin’s going market rate, implying an attractive risk-reward for existing or potential investors, according to the “reserve risk” indicator.
Bitcoin Traders Eye $55K Amid U.S. Stocks Sell-off, XRP Leads Losses in Major Cryptos
Traditional markets from the U.S. to Japan saw declines across major indexes and stocks, with the tremors seeping into the cryptocurrency market.
Indian Survey Reveals Impact of Crypto Taxes and Anti-Money Laundering Rules on Investors
India should consider revising its taxes on crypto and not depend on its anti-money laundering rules to reverse the impact of those high taxes, a survey of Indian investors by a New Delhi-based technology policy think tank revealed.
X suspends account that let users launch memecoins from an X post
The “makenowmeme” account on X purportedly provided a way for X users to create memecoins on Solana with a simple post.
98.6% of memecoins on pump.fun fail to even launch
Pump.fun crypto memecoins that make it onto Raydium have fallen since February and have remained “stagnant” at around 1.41% for months.
Ethereum ETF flows flip positive even as ETHE total outflows top $2B
Ether ETFs posted a net inflow of $28.5 million on Aug. 1, with inflows into BlackRock’s fund outpacing outflows from Grayscale’s Ethereum Trust.
Bitcoin as a Strategic Reserve
Over the weekend, former U.S. President and current Republican nominee Donald Trump and a number of lawmakers spoke at the Bitcoin Nashville conference. The biggest piece of news everyone has been talking about was Trump and Sen. Cynthia Lummis’ proposals to create a strategic reserve for Bitcoin, but the event also served as Sen. Tim … Read more
Bybit to Exit From France’s Market as EU’s Crypto Regulation Takes Hold
From August 13, French users will be unable to transact on the exchange other than to withdraw funds, Bybit announced Thursday.
DeFi protocol removed an important line of code that led to a $212K hack
The attack occurred around 3 am UTC on Aug. 1, leading Convergence’s native token CVG to plummet over 99%.
Coinbase refutes accusation it violated campaign finance laws
Describing the allegations as “misinformation” — Coinbase chief legal officer Paul Grewal said Coinbase was exempt from certain campaign finance regulations as it is not a federal contractor.
Connect with Google Cloud, Aerospace, Qualcomm and more at Disrupt 2024
TechCrunch Disrupt 2024 will be in San Francisco on October 28–30, and we’re already excited! Disrupt brings innovation for every stage of your startup journey, and we could not bring you this world-class event without our world-class partners. Take advantage of the opportunity to leverage the expertise and resources of some of tech’s leading companies. Their participation … Read more
Crypto Market Will Continue to Expand Over Next Two Years: Gemini
Monetary policy, regulatory shifts, and infrastructure developments will continue to drive growth in crypto, Gemini said Thursday.
Link-To-Earn Incentive Model: A Blueprint For Mass Adoption?
There is a general consensus about Telegram’s potential to foster mass adoption. But do you know that Notcoin and UXLINK are two of the leading breakout projects built on the social messaging app that has brought significant attention to it? This article sheds light on the mass adoption strategy that has enabled UXLINK to create … Read more
Marathon Digital shares plunge 8% after Q2 revenue miss estimates
Marathon Digital has missed consensus estimates for the second quarter in a row, though its year-on-year performance has risen by 78%.
Micro-Influencers: The Secret Weapon for Small Business Growth
You open Instagram anytime, and your feed is flooded with posts promoted by influencers. Who are they? Influencers are individuals who have credibility in a specific niche, and people follow them and what they recommend on social media. For example, a celebrity promoting a protein bar brand on Snapchat showcasing that he consumes the same … Read more
Digital Chamber urges US senators to support Lummis’ Bitcoin reserve bill
The crypto advocacy group says it is hand-delivering letters to every US Senator explaining why Bitcoin would help the US secure its position as a world leader.
Marathon Digital Posts $200 Million Quarterly Loss Amid Bitcoin Mining Sector Woes
This year’s halving, coupled with increased global hash rates and equipment failures, greatly affected Marathon Digital’s output, it said.
One Machine per Adult and Child: What the…
“There is no security against the ultimate development of mechanical consciousness, in the fact of machines possessing little consciousness now. Reflect upon the extraordinary advance which machines have made during the last few hundred years…” — Samuel Butler, “Erewhon” 1872 Imagine living in a world where everyone has their own AI assistant — one for every adult, every child. … Read more
Meet Flux: New Open-Source AI Image Generator Beats Midjourney, SD3 and Auraflow
Flux is an advanced, open-source text-to-image model with 12 billion parameters. We compare it to three top contenders, and one comes out on top.