The mining firm said it intended to replace Bitfarms board members — including its interim CEO — with three people “completely independent” of both companies. Source: https://cointelegraph.com/news/riot-platforms-bitfarms-takeover-board-members
Month: June 2024
Tether Stops Minting USDT Stablecoin on EOS and Algorand
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 Stablecoin issuer Tether on Monday announced its decision to stop minting its USDT stablecoin on the Algorand and EOS blockchains. Effective immediately, Tether will no longer…
Bitcoin Miner Hut 8 Lands $150 Million Investment to Expand AI Push
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 North American Bitcoin mining firm Hut 8 announced Monday that it has secured a $150 million strategic investment from Coatue. The investment, in the form of…
Transak and Privado ID Announce Partnership to Enhance Decentralized KYC Procedures
Crypto payments gateway solution Transak has teamed up with Privado ID to launch a new “Reusable KYC” service aimed at improving the decentralized identity verification process. This collaboration introduces a novel method that promises to maintain user privacy without compromising on regulatory standards. Transak and Privado ID Team Up to Simplify KYC According to the […] Source: https://news.bitcoin.com/transak-and-privado-id-announce-partnership-to-enhance-decentralized-kyc-procedures/
New Meme Coin to Watch: Hype Builds Over PlayDoge as ICO Crosses $5M Milestone
In a crypto market filled with meme coins, one dog-themed token is turning heads (and filling wallets). PlayDoge (PLAY), the virtual pet sensation, has just passed the $5 million mark in its ICO. And early investors are now wondering if they’ve stumbled on the next big thing in crypto gaming. PlayDoge Revives Virtual Pets Using […] Source: https://news.bitcoin.com/new-meme-coin-to-watch-hype-builds-over-playdoge-as-ico-crosses-5m-milestone/
Nvidia launches in Middle East amid US AI export clampdown: Report
Nvidia partners with Qatari telecom provider Ooredoo to bring advanced AI technology to the Middle East, marking a significant expansion amid US export restrictions. Source: https://cointelegraph.com/news/nvidia-ai-technology-middle-east-launch
Over $122M Bitcoin longs liquidated as BTC falls below $61K
The incoming selling pressure from the Mt. Gox repayment could still cause the Bitcoin price to fall below the psychological $60,000 mark. Source: https://cointelegraph.com/news/bitcoin-price-drops-61k-liquidation-122m
Week of Woe: Major Crypto Assets Suffer, Some AI Coins Buck Trend
Over the past week, bitcoin has slid 6.6% while ethereum has lost 5.5% against the U.S. dollar, but a large handful of alternative digital assets saw much bigger losses this past week. The meme coin dogwifhat (WIF) was the week’s biggest loser shedding 31.2% while notcoin (NOT) lost 24.3% this week. Cryptocurrency Meltdown: Broad Losses […] Source: https://news.bitcoin.com/week-of-woe-major-crypto-assets-suffer-some-ai-coins-buck-trend/
Bitcoin miner Hut 8 lands $150M investment amid AI boom
Coatue Management invested $150 million in the Bitcoin miner Hut 8 Corp. due to its capability to power generative AI applications with its high-performance computing. Source: https://cointelegraph.com/news/bitcoin-miner-hut-8-150m-ai-investment
Why are traders shorting Michael Saylor’s MicroStrategy?
Short sellers are targeting MicroStrategy stock, but what is the reasoning behind it? Source: https://cointelegraph.com/news/short-microstrategy-investment-bitcion-michael-saylor