Tron’s total value locked (TVL) plummeted to a six-month low of $7.6 billion as TRX price rallied. Cointelegraph investigates. Source: https://cointelegraph.com/news/tron-network-deposits-drop-to-6-month-low-as-trx-price-rallies-trouble-in-paradise
Month: June 2024
Telegram Game Notcoin Teases ‘Fresh Start’ as It Gives Out Millions in NOT
Viral Telegram game Notcoin has teased a “fresh start” amid a campaign that will see approximately $8 million worth of NOT tokens either burned or given out to the community. The tap-to-earn game captured the attention of over 35 million players who furiously tapped their screens to collect digital tokens earlier this year. These coins were later converted to NOT…
Coinbase 'not aware' of any customer data breach after Au10tix credential leak
The compliance platform Au10tix said that although a credential was leaked, there is no evidence that it was used to obtain customer data, and Coinbase said it is unaware of any breach. Source: https://cointelegraph.com/news/coinbase-not-aware-customer-data-breach-au10tix-credential-leak
Marathon Digital Expands Mining Operations to Include Kaspa
Marathon Digital Holdings Inc. has diversified its mining activities by adding kaspa (KAS), a proof-of-work digital asset, to its portfolio. The initiative has already yielded significant results, with the company mining 93 million KAS, valued at approximately $15 million as of June 25, 2024. Marathon Digital Diversifies With Kaspa Mining, Adds $15 Million in Assets […] Source: https://news.bitcoin.com/marathon-digital-expands-mining-operations-to-include-kaspa/
Binance to remove prime brokerage loophole
The change came after some Binance Link clients reportedly took advantage of the program’s multi-tiered fee structure through arbitrage. Source: https://cointelegraph.com/news/binance-removes-prime-brokerage-loophole
Supreme Court Rules SEC In-House Penalty Proceedings Violate Seventh Amendment
The Supreme Court ruled on Thursday that the U.S. Securities and Exchange Commission (SEC)’s use of in-house proceedings to impose civil penalties for securities fraud violates the Seventh Amendment’s right to a jury trial. The case arose from the SEC’s action against George Jarkesy Jr. and his firm, Patriot28 LLC, for alleged securities fraud. The […] Source: https://news.bitcoin.com/supreme-court-rules-sec-in-house-penalty-proceedings-violate-seventh-amendment/
Solana DEX Zeta Markets’ Airdrop Goes Off With a Bang as ZEX Token Soars
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Zeta Markets, a Solana-based decentralized exchange (DEX) that also aims to build the chain’s first layer-2 scaling network, launched an airdrop for users on Thursday that…
US Fed CIO says it’s ‘hard to justify’ hiring human coders over AI
The Federal Reserve’s leadership seemingly views generative AI as a “super analyst” capable of turbocharging the agency’s work process. Source: https://cointelegraph.com/news/us-fed-cio-justify-hiring-human-coders-over-ai-artificial-intelligence
CleanSpark acquires GRIID for $155M stock transaction
CleanSpark has acquired GRIID in an all-stock transaction. The deal is expected to add more than 400 megawatts to the company’s power grid over two years. Source: https://cointelegraph.com/news/cleanspark-acquires-griid-stock-transaction
Bitcoin Miner CleanSpeak to Acquire Rival GRIID in $155 Million Deal
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Sustainability-focused Bitcoin miner CleanSpark unveiled plans Thursday to merge with Griid Infrastructure—and is set to acquire all of the mining firm’s common shares for $155 million.…