TeraWulf is looking to expand into the red-hot AI space as Bitcoin mining difficultly climbs and profitability shrinks. Source: https://cointelegraph.com/news/bitcoin-miner-terawulf-leases-70-megawatts-host-ai?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: December 2024
‘Free Money’ Crypto Scam Uses Fake Wallets to Steal Your Funds
A terrifying new crypto scam leaves users trapped in wallets they thought were free money—only to watch their crypto vanish into the hands of scammers. The ‘Free Money’ Crypto Trap—How Fake Wallets Are Draining Crypto Kaspersky, a global cybersecurity and anti-virus company, detailed a new crypto scam in a blog post published on Monday where […] Source: https://news.bitcoin.com/free-money-crypto-scam-uses-fake-wallets-to-steal-your-funds/
Hyperliquid net outflows top $250M amid fears over North Korea hackers
Hyperliquid has seen over $256 million in net outflows as security experts revealed that North Korean threat actors had been trading on the platform. Source: https://cointelegraph.com/news/hyperliquid-outflow-north-korea-exploit-fears?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto payments firm MoonPay mulls $150M Helio acquisition: Report
MoonPay is reportedly looking to acquire Helio Pay for around $150 million, adding to the crypto firm’s merchant service offerings. Source: https://cointelegraph.com/news/moonpay-mulls-150-million-helio-acquisition-report?utm_source=rss_feed&utm_medium=rss%3F_%3D1735008369972&utm_campaign=rss_partner_inbound
UAE Deepens Economic Ties With China and India Through BRICS Collaboration
The UAE’s growing economic influence and deeper global ties are driven by its BRICS membership, strengthening connections with China and India and boosting international collaboration. UAE’s Economy Gains Momentum Through BRICS Alliance, Strengthening Ties With China and India The United Arab Emirates (UAE) has strengthened its economy and broadened its global connections through its membership […] Source: https://news.bitcoin.com/uae-deepens-economic-ties-with-china-and-india-through-brics-collaboration/
Digital Assets Will Be an Important Part of Mainstream Finance, Says Binance.US CEO
Binance.US expects digital assets to anchor mainstream finance in 2025, despite ongoing legal battles with the SEC that the company says have stifled innovation. Binance.US Interim CEO Reflects on Challenges, Eyes Crypto’s Future in 2025 Binance.US Interim CEO Norman Reed has shared his reflections on the platform’s challenges and growth prospects as 2025 approaches, underscoring […] Source: https://news.bitcoin.com/digital-assets-will-be-an-important-part-of-mainstream-finance-says-binance-us-ceo/
Day-1 Crypto Executive Orders? Bitcoin Bulls Brace for Trump’s Big Move
Donald Trump’s administration is expected to pursue executive orders on day one to push cryptocurrency forward, with potential plans for a national bitcoin reserve and expanded crypto banking access. Crypto Industry Prepares for Possible Day-One Executive Orders From Trump’s White House U.S. President-elect Donald Trump is expected to move swiftly on cryptocurrency initiatives, with industry […] Source: https://news.bitcoin.com/day-1-crypto-executive-orders-bitcoin-bulls-brace-for-trumps-big-move/
Crypto payments firm MoonPay mulls $150M Helio acquisition: Report
MoonPay is reportedly looking to acquire Helio Pay for around $150 million, adding to the crypto firm’s merchant service offerings. Source: https://cointelegraph.com/news/moonpay-mulls-150-million-helio-acquisition-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitfarms: Rebound Overdue or Losing the Game?
After months of turmoil and a settlement with Riot Platforms, Bitfarms’ stock performance remains disappointing. Is a rebound for $BITF overdue, or is the company slowly losing its position in the market? Let’s dive in! Bitfarms Faces a Crossroads The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, […] Source: https://news.bitcoin.com/bitfarms-rebound-overdue-or-losing-the-game/
Another Publicly Traded Firm Just Adopted a Bitcoin Reserve Strategy
Matador Technologies, a Canadian crypto firm, said Monday that it would begin leveraging Bitcoin as a treasury reserve asset, starting with a $4.5 million purchase later this month. The little-known company has been developing a platform on top of Bitcoin’s network, which will enable users to one day purchase and trade digital representations of gold, according to a press release.…