Cleanspark Inc. has unveiled plans to acquire seven bitcoin mining facilities in Knoxville, Tennessee. The $27.5 million deal is expected to boost the company’s current mining capacity by 5 exahash per second (EH/s) by 2024, representing a 22% increase in its operational hashrate. Cleanspark to Acquire 7 Bitcoin Mining Facilities in $27.5M Deal, Boosting Hashrate […] Source: https://news.bitcoin.com/cleanspark-expands-bitcoin-mining-operations-by-acquiring-7-tennessee-facilities/
Mini-dApps, microgames, and the burgeoning prediction markets sector appear to be the most popular methods for retaining engagement. Source: https://cointelegraph.com/news/young-consumers-bored-blockchain-loyalty-programs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Apps will be able to settle directly on Movement’s L2 with fast finality ‘postconfirmations’ secured by stakers, the co-founder said. Source: https://cointelegraph.com/news/movement-labs-targets-1-second-layer-2-finality-by-end-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Metaplanet, a publicly listed Japanese company, has significantly boosted its Bitcoin holdings with a recent acquisition of 38.6 bitcoin for $2.2 million (¥300 million). This purchase increases their total bitcoin assets to 398.8 BTC, valued at around $27.6 million (¥3.75 billion). The company’s strategy, similar to that of Microstrategy, involves using debt to acquire bitcoin […] Source: https://news.bitcoin.com/metaplanet-grows-bitcoin-holdings-with-2-2-million-acquisition/
Bitcoin’s perpetual funding rate shows lack of confidence from bulls, but options markets are displaying resilience. Source: https://cointelegraph.com/news/does-bitcoins-negative-funding-rate-signal-that-bears-are-in-total-control?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
PRESS RELEASE. User safety is always HTX’s top priority. The platform is dedicated to protecting user assets and has implemented regular security reports. HTX has previously released security reports for May,June, and July. The main content of HTX’s August Security Monthly Report is outlined below, covering key areas such as account security, transaction security, and […] Source: https://news.bitcoin.com/htx-freezes-over-80k-in-stolen-assets-august-security-updates/
On Sept. 11, Grayscale, the digital asset manager, revealed that its SUI Trust is now available to accredited investors eager for SUI exposure. The SUI token, native to the Sui blockchain, powers a layer one (L1) network designed to provide quick transactions and affordable fees. Developed by Mysten Labs, a team of former Meta engineers, […] Source: https://news.bitcoin.com/grayscale-launches-sui-trust-for-accredited-investors/
Crypto is a man’s game? Not quite, according to a new report. In fact, women are just as likely to “HODL” as men are. That’s what New York-based crypto exchange Gemini said in a new survey of 6,000 people. Their report, “2024 Global State of Crypto,” found that while a gender gap in crypto still exists—with male investors on the…
Fomo Hour 197 – Debate Disaster Crypto falls slightly after Presidential debate. Exchanges see highest BTC outflow since May. Be wary of Yen move for BTC: Hayes. SOL active addresses hit ATH. At least 5 massive SOL announcements coming: Mert. Binomial to introduce restaking on BNB. Indonesian exchange hacked for $22m. Atomic Wallet wins lawsuit over $100m hack. Lawyers argue…
Bitcoin recovered sharply from its intraday low, but holding these gains will determine whether bulls and dip buyers are ready to fight for a stronger trend reversal. Source: https://cointelegraph.com/news/price-analysis-9-11-btc-eth-bnb-sol-xrp-doge-ton-ada-avax-shib?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
