Category: Uncategorized

[ad_1] Bitcoin (BTC) miner Marathon Digital has disclosed it invested $10 million in convertible preferred stock and $21.3 million in unsecured senior promissory notes in bankrupt crypto firm Compute North, according to an Oct. 6 press statement. The press release further stated that the BTC miner paid $50 million to Compute North as operating deposits.…

[ad_1] Exchange giant Binance announced that it will remove HNT/BUSD and HNT/USDT cross & isolated margin pairs and HNT/BTC, HNT/USDT, and OOKI/BNB spot pairs next week. The cross & isolated pairs HNT/BUSD and HNT/USDT  will be removed on Oct. 12, while the rest will be removed two days later, on Oct 14. HNT/BUSD and HNT/USDT…

[ad_1] Riot Blockchain, a Bitcoin mining company based in Texas, produced 355 BTC in September this year. The news is part of Riot’s unaudited production and operations updates for last month, in which the company disclosed its BTC holdings, sales, and profits. According to the announcement, Riot’s 355 BTC production represents a 13% decrease as…

[ad_1] The Bitcoin mining pool Poolin on Sept. 6 announced liquidity problems and subsequently suspended withdrawals, flash trades, and internal transfers from its network. Mining pools collate processing power from contributing miners to generate block rewards more quickly and consistently versus “going alone.” The rewards are distributed in proportion to the members’ contribution (or donated…

[ad_1] Bitcoin (BTC) briefly bounced above the $20,000 mark earlier today for the first time since Sept. 28 after gaining 4.6% in the past week. However, the euphoria was shortlived as it was rejected around the $20,400 level, dropping to $19,991 as of press time. Bitcoin/USD Chart (Source: Tradingview.com) The price-performance is coming at a…

[ad_1] The web3 ecosystem lost over $428.7 million to 39 exploits in the third quarter — down 62.9% compared to over $1 billion lost in the same period of 2021.  The Nomad Bridge and Wintermute hacks account for 79.85% — $350 million — of all recorded losses. Leading Bug bounty firm Immunefi detailed in its Crypto…

[ad_1] The biggest news in the cryptoverse for Oct. 4 includes Elon Musk making a new offer for Twitter, Celsius planning to auction assets, Justin Sun offering to buy Credit Suisse’s assets, and Charles Hoskinson calling for an end to Bitcoin mining. CryptoSlate Top Stories DOGE up 8% as Elon Musk makes new acquisition offer…

[ad_1] Cardano founder Charles Hoskinson explained why he thinks Bitcoin mining should be stopped and all existing units of the assets should be converted into wrapped Bitcoin (wBTC) in an Oct. 3 Twitter broadcast. Wrapped Bitcoin is BTC on smart contracts-enabled platforms like Ethereum (ETH), Cardano (ADA), and others. Bitcoin’s PoW is the “gold mine”…

[ad_1] Cathie Wood-led ARK Invest has inked a partnership with Eaglebrook Advisors to offer the ARK Cryptocurrency and ARK Cryptoasset strategies available as a separately managed account (SMA) for financial advisors and wealth managers. Since 2015, ARK Invest has been involved in crypto equity and security investments. Through the ARK Exchange Traded Funds (ETF), the…

[ad_1] Bitcoin is holding steady amid rumors of a banking collapse, trading between $18,900 and $20,200 over the past three days. Investors are drawing parallels between the woes at Credit Suisse and Deutsche Bank and the collapse of the Lehman Brothers during the 2007-2008 financial crisis. Lehman Brothers was the fourth largest U.S. investment bank…