Riot Platforms continues navigating its complex relationship with Bitfarms while expanding its operations. Read More at https://cointelegraph.com/news/riot-platforms-boosts-bitfarms-stake-with-2-28-m-share-acquisition?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: August 2024
45% of Bitcoin supply has not moved in 6 months — Research
A healthy portion of Bitcoin hodlers refuse to let go of their coins no matter what BTC price action delivers. Read More at https://cointelegraph.com/news/bitcoin-supply-not-moved-6-months-research?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum ETFs show mixed signals as ETHE reports $31M outflow
Crypto investments remain volatile as Ethereum ETF flows turn negative, highlighting the market’s rapid evolution. Read More at https://cointelegraph.com/news/ethereum-etfs-show-mixed-signals-as-ethe-reports-31-m-outflow?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Elon Musk’s xAI launches Grok-2 AI assistant for X
xAI has introduced Grok-2, the latest AI model for X users. It offers enhanced features in chat, coding, and reasoning. Read More at https://cointelegraph.com/news/grok-2-ai-assistant-xai-launch-x-platform?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ex-TON Foundation execs launch $40M TON Ventures fund
The Open Network Ventures, founded by former TON Foundation leaders, has launched a $40 million fund to back early-stage crypto projects within the TON ecosystem. Read More at https://cointelegraph.com/news/ton-ventures-40m-fund-crypto-projects?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Core Scientific drops 10% after $400 million convertible senior note offer
Core Scientific stock has dropped to $8.46 per share on the Nasdaq following an announcement of offering convertible senior notes to help settle debts. Read More at https://cointelegraph.com/news/core-scientific-drops-10-after-400-million-convertible-senior-note-offer?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Stablecoin issuance could be key to the next Bitcoin rally: 10x Research
More than $2.5 billion has been issued by Tether and Circle over the past week, and 10x Research believes continued momentum could spark a Bitcoin rally. Read More at https://cointelegraph.com/news/stablecoin-issuance-could-be-key-bitcoin-next-rally-10x-research?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Pump.fun daily revenue outpaces the next 24 protocols combined
Solana memecoin deployer pump.fun has generated more than $5.3 million in revenue in the last 24 hours, out-earning Ethereum, Solana, and Tron and everyone else. Read More at https://cointelegraph.com/news/pump-fun-daily-revenue-outpaces-the-next-24-protocols-combined?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase teases 'cbBTC’ days after BitGo Wrapped Bitcoin controversy
Speculators think the post refers to Coinbase’s own wrapped Bitcoin product, which will potentially be launched on its layer-2 network Base. Read More at https://cointelegraph.com/news/coinbase-teases-cbbtc-after-bitgo-wrapped-bitcoin-controversy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
ASX sued over prior statements about its now-abandoned blockchain project
The Australian Securities and Investments Commission has sued the stock exchange for alleged “misleading statements” it made over its abandoned blockchain upgrade plan. Read More at https://cointelegraph.com/news/asx-sued-over-statements-on-abandoned-blockchain-project?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound