“I’m a huge believer in innovation, in powering the betterment of mankind, and increasing prosperity,” Miran recently said in a podcast. Source: https://cointelegraph.com/news/trump-nominates-stephen-miran-council-economic-advisors-chair?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: December 2024
Stablecoin Frenzy: USDE Nears $6B as USD0 Rockets Past $1B in Market Supply
Over the past month, the stablecoin market has swelled over $200 billion, and two fiat-backed tokens have experienced eye-catching expansions. Ethena’s yield-generating stablecoin, USDE, has grown rapidly, now approaching 6 billion in supply. Meanwhile, Usual’s USD0 supply has crossed the 1 billion threshold. Ethena’s USDE and Usual’s USD0 Shake Up a $204B Stablecoin Market December […] Source: https://news.bitcoin.com/stablecoin-frenzy-usde-nears-6b-as-usd0-rockets-past-1b-in-market-supply/
Hex Founder Richard Heart Included in Europol’s Most Wanted List
Richard Shueler, also known as Richard Heart, the founder of Hex, Pulsechain, and Pulsex, has been included in Europol’s most wanted criminals list. Shueler’s profile is listed as wanted in Finland for fraud crimes. According to the institution, Shueler “failed to file business tax returns for the tax multiple years and also failed to complete […] Source: https://news.bitcoin.com/hex-founder-richard-heart-included-in-europols-most-wanted-list/
Lightchain AI Zooms Past Presale Stage 7, Raising $1.1M in 72 Hours
PRESS RELEASE. Innovation and momentum are the cornerstones of Lightchain AI’s groundbreaking rise in the cryptocurrency ecosystem. Just 72 hours—that’s all it took for Lightchain AI to raise a staggering $1.1 million in its Stage 7 presale. Now, the project is blazing forward in Stage 8, having secured a total of $3,723,001.397 and counting at […] Source: https://news.bitcoin.com/lightchain-ai-zooms-past-presale-stage-7-raising-1-1m-in-72-hours/
Nvidia Upgrades Low-Cost Jetson AI Computer—More Power for Half the Price
Good news for AI developers and hobbyists: Nvidia just made it a lot cheaper to build AI-powered robots, drones, smart cameras and other gadgets that need a brain. The company’s new Jetson Orin Nano Super, announced Tuesday and available now, packs more processing muscle than its predecessor while costing half as much at $249. The palm-sized computer delivers a 70%…
A Theoretical Look at What Could Happen If Trump Creates a US Bitcoin Reserve
If the United States boldly leaps into action with a strategic bitcoin reserve under the Trump administration, this daring move could spark a worldwide financial upheaval, crowning bitcoin proponents as the ultimate guardians of freedom in a crumbling fiat realm. Here’s a theoretical tale on how this strategic bitcoin stash and the rise of bitcoin’s […] Source: https://news.bitcoin.com/a-theoretical-look-at-what-could-happen-if-trump-creates-a-us-bitcoin-reserve/
MicroStrategy Bitcoin purchases surpass 2021 bull market levels
According to MicroStrategy co-founder Michael Saylor, the company currently holds 439,000 Bitcoin, valued at approximately $27 billion. Source: https://cointelegraph.com/news/micro-strategy-bitcoin-purchases-surpass-2021-bull-market?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum and Solana NFT Scammers Charged in $22 Million Rug Pull Scheme
Two California men have been charged with orchestrating a series of NFT rug pulls that totaled more than $22 million bilked from buyers, the U.S. Department of Justice said in an indictment unsealed on Friday. The DOJ said the case is the largest NFT scheme it’s ever prosecuted. Gabriel Hay of Beverly Hills, and Gavin Mayo of Thousand Oaks are…
Compass Mining Scales Texas Operations with 25 MW Bitcoin Mining Facility, Plans Further Expansion
Energizes Over 50 MW in 2024 Across Six States, with 35 MW Coming Online by January 2025 WILMINGTON, Del., Dec. 20, 2024 /CNW/ — Compass Mining (“Compass” or the “Company”), a leading provider of Bitcoin mining hardware, hosting, and operational solutions, proudly announces the addition of a new 25 megawatts (MW) Bitcoin mining facility in Texas to its growing network…
Dogecoin Down 23% This Week as Bitcoin and XRP Stumble After Surges
It’s been a rough few days for crypto prices after several weeks of upward strides, with Dogecoin losing nearly a quarter of its value over the past seven days as the recently surging Bitcoin and XRP mark their own substantial—but less severe—declines. Dogecoin, the original meme coin and still largest by market cap, is down a current price of $0.31,…