Bank of Canada Governor Warns of ‘Sharp Correction’ Risks in Markets and ‘System-Wide Stress’
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Bitcoin Lightning Payments Service Provider, Ibex Pay, to Suspend US Operations

Ibex Pay, a payment rail that accepts Bitcoin payments via the Lightning Network, announced on May 15 that it will cease operations in the U.S. The payment firm stated that the suspension of services for the U.S. market will take effect on May 31, but did not provide reasons for the decision. The company is […] Source: https://news.bitcoin.com/bitcoin-lightning-payments-service-provider-ibex-pay-to-suspend-us-operations/

bitcoin miners
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Bitcoin Mining Costs Drop to $45K as Inefficient Miners Exit: JPMorgan

JPMorgan (NYSE:JPM) estimates that the current cost of mining Bitcoin has dropped to around $45,000, down from over $50,000. This decrease follows the quadrennial halving event last month, which cut miner rewards by 50%. The hashrate, which measures the total combined computational power used for mining and processing transactions on the Bitcoin network, did not immediately fall post-halving as expected.…

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Solana, Ethereum Meme Coins Dip as GameStop Buzz Cools
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Solana, Ethereum Meme Coins Dip as GameStop Buzz Cools

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 Despite Bitcoin‘s rise yesterday and today, the crypto meme coin pump has subsided as the meme stock craze surrounding GameStop and Roaring Kitty cools off—and major…

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El Salvador Reportedly Mined Nearly 474 BTC Using Geothermal Energy
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El Salvador Reportedly Mined Nearly 474 BTC Using Geothermal Energy

El Salvador, the first country to adopt bitcoin as legal tender, has reportedly added 473.5 BTC to its treasury using geothermal energy. According to reports, official data released by The Bitcoin Office of El Salvador (ONBTC) disclosed that this number of bitcoin was mined since 2021 using 1.5 MW of power from the Tecapa volcanic […] Source: https://news.bitcoin.com/el-salvador-reportedly-mined-nearly-474-btc-using-geothermal-energy/

HackaTRON Season 6 Submission Period Concludes with Notable Achievements
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HackaTRON Season 6 Submission Period Concludes with Notable Achievements

PRESS RELEASE. Geneva, Switzerland, May 16, 2024 – TRON DAO proudly announces the completion of HackaTRON Season 6, a monumental season with a record 962 participants, co-hosted with HTX DAO, BitTorrent Chain, and JustLend DAO. This event not only showcased innovative blockchain projects but also highlighted the profound capabilities of the TRON network. Diverse Sponsorship […] Source: https://news.bitcoin.com/hackatron-season-6-submission-period-concludes-with-notable-achievements/