A senior McDonald’s employee appeared to suffer a social media hack on Wednesday, one that soon allowed the culprits to promote a short-lived Grimace-themed Solana meme coin scam across the fast food giant’s prominent public-facing accounts. Late Wednesday morning, posts on both McDonald’s Instagram page—which boasts some 5 million followers—and the personal Twitter account of Senior Marketing Director Guillaume Huin…
Month: August 2024
Crypto firms contributed 48% of all corporate political donations in 2024: Report
Splits in the US House and Senate coupled with many expected tight elections could allow crypto interest groups to potentially “tip control of Congress one way or the other.” Source: https://cointelegraph.com/news/crypto-firms-corporate-political-donations-us-elections-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Price analysis 8/21: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
The spot Bitcoin ETFs have continued to attract inflows, suggesting that the long-term bullish view remains intact. Source: https://cointelegraph.com/news/price-analysis-8-21-btc-eth-bnb-sol-xrp-doge-ton-ada-avax-shib?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Miner Bitfarms to Acquire Stronghold Digital Mining in $125 Million Merger
On Wednesday, Bitfarms Ltd. announced plans to acquire Stronghold Digital Mining Inc. in a stock-for-stock merger valued at approximately $125 million, along with the assumption of $50 million in debt. The deal, expected to close in the first quarter of 2025, aims to expand Bitfarms’ energy portfolio in the U.S. and integrate power generation capabilities […] Source: https://news.bitcoin.com/bitcoin-miner-bitfarms-to-acquire-stronghold-digital-mining-in-125-million-merger/
Wyoming stablecoin may launch Q1 2025 —Governor Mark Gordon
Private issuers of stablecoins could extend the lifespan of the US dollar by driving demand for the underlying fiat currency. Source: https://cointelegraph.com/news/wyoming-stablecoin-may-launch-q1-2025-governor-mark-gordon?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Cryptoquant: Bitcoin Demand Remains Weak Despite Accumulation by Long-Term Holders
Recent data from Cryptoquant researchers indicate that bitcoin demand growth continues to show signs of weakness. Despite this, the report notes that long-term holders have been accumulating bitcoin at unprecedented levels, providing some resilience to the market. Report Shows Bitcoin Demand Craters Amid Weak Market Signals Bitcoin demand has seen a significant decline since early […] Source: https://news.bitcoin.com/cryptoquant-bitcoin-demand-remains-weak-despite-accumulation-by-long-term-holders/
FutureNet Co-Founder Arrested in Montenegro Over Alleged $21 Million Fraud
Roman Zimian, the co-founder of crypto trading platform FutureNet, has been arrested in Montenegro, according to reports in local media. The arrest of Zimian in Podgorica was carried out by Montenegrin police together with Interpol’s National Central Bureau (NCB), and resulted in the seizure of “technical devices” related to his alleged criminal activities. Zimian, a Polish citizen, was the subject…
Early research exposes the dark side of brain computer-interfaces
Controlling machines with your thoughts sounds cool, but communication is a two-way street. Source: https://cointelegraph.com/news/early-research-exposes-dark-side-brain-computer-interfaces?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin ‘parabolic’ rally may start in Q4, according to historical price data
Q4 could be a blockbuster moment for Bitcoin price as a multi-year historical price trend holds up. Source: https://cointelegraph.com/news/bitcoin-parabolic-rally-may-start-in-q4-according-to-historical-price-data?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BlackRock’s Ethereum ETF Hits $1 Billion in Net Gains, Nearly Tripling Fidelity
BlackRock’s spot Ethereum ETF crossed $1 billion in cumulative net inflows on Tuesday, cementing the Wall Street behemoth’s crypto offering as investors’ early go-to pick. The iShares Ethereum Trust ETF (ETHA) debuted in late July alongside products from seven other asset managers. But when it comes to the ensuing footrace for investors’ cash, the competition has failed to keep pace…