Crypto News And Market Updates

AgriFORCE Bitcoin mining site in Berwyn, Alberta using stranded natural gas and modular gas-to-power units

Bitcoin Mining Revenue Hits All-Year Low

September 2, 2024 Paulo

Bitcoin mining revenue dropped to $827.56 million in August, marking the year’s lowest point and highlighting the challenges faced post-halving.

An image depicting the logos of the SEC and FTX with a background of cryptocurrency icons.

SEC Warns it May Challenge FTX’s Stablecoin-Denominated Repayments Plan

September 2, 2024 Paulo

The SEC may challenge FTX’s plan to repay creditors with stablecoins, raising potential legal hurdles for the cryptocurrency exchange’s bankruptcy proceedings.

A gavel beside a Bitcoin coin, symbolizing legal decisions involving cryptocurrency.

Canadian Court Orders $1.2M Bitcoin Loan Repayment: A Landmark Decision

September 1, 2024 Paulo

A Canadian court orders $1.2M Bitcoin repayment, reflecting the growing legal recognition and acceptance of cryptocurrency in financial disputes.

Elon Musk surrounded by Tesla and Dogecoin logos, hinting at the return of Dogecoin as a payment option.

Elon Musk Teases Return of Dogecoin as Tesla Payment Option Following Lawsuit Dismissal

September 1, 2024 Paulo

Elon Musk hints at the return of Dogecoin as a Tesla payment option, exciting fans after a lawsuit dismissal. Could the DOGE a comeback for Tesla purchases?

Threshold and Wrapped Bitcoin merger proposal to prevent takeover by Justin Sun.

Threshold Proposes Merger with WBTC to Prevent Justin Sun Takeover

August 31, 2024 Paulo

Threshold proposes merging tBTC with WBTC to prevent a Justin Sun takeover, suggesting a shift to decentralized custody for enhanced security.

Graph showing the correlation between Bitcoin's hash price lows and its market price, reflecting trends similar to the pre-2021 bull run.

Bitcoin Price ‘Near a Bottom’ as Hash Price Lows Echo Pre-2021 Bull Run Patterns

August 31, 2024 Paulo

Bitcoin’s hash price lows may signal a bottom, echoing patterns before the 2021 bull run. Miners start accumulating, suggesting price stabilization.

Blockchain

Robot Ventures Raises $75 Million for New Crypto Fund, Tripling Its Previous Size

August 31, 2024 Paulo

Robot Ventures raises $75M for its latest crypto fund, tripling the size of its previous funds as institutional interest in blockchain grows.

Blockchain

North Korean Hackers Exploit Chromium Zero-Day to Target Crypto Institutions

August 30, 2024 Paulo

North Korean hackers exploited a Chrom zero-day to target crypto institutions, stealing assets via malicious software. Immediate security updates recommended.