Category Archives: Uncategorized

Bitcoin miners’ daily revenue hit a new yearly low of $2.5 million, but strategic overhauls keep some companies profitable amid industry challenges. Read More at https://cointelegraph.com/news/bitcoin-mining-revenue-decline-yearly-low-august-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin market sentiment is as erratic as BTC price action itself as a week of macro volatility catalysts gets underway. Read More at https://cointelegraph.com/news/more-extreme-fear-ftx-crash-5-things-bitcoin-this-week?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin price saw its local bottom last time Tether minted $1.3 billion worth of stablecoins, which helped BTC recover over 21%. Read More at https://cointelegraph.com/news/bitcoin-price-drops-below-59k-institutional-stablecoin-pause?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

OKX chief innovation officer Jason Lau believes that Web3 games need to cultivate communities by educating players on the benefits of Web3 technology. Read More at https://cointelegraph.com/news/web3-gaming-needs-steam-like-platform?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The Canto blockchain has been down for over a day, and the team has scheduled an upgrade to fix the issue for Aug. 12. Read More at https://cointelegraph.com/news/canto-targets-fix-amid-33-hour-outage-caused-by-consensus-issue?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Crypto infrastructure projects led the way in attracting venture capital with major infra projects raising a combined $685 million in new capital in Q2. Read More at https://cointelegraph.com/news/crypto-startup-funding-grows-to-2-7b-in-q2-despite-fall-in-total-deals?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The newly launched nine spot Ether ETFs had a positive overall net inflow of $105 million for the week beginning Aug. 5. Read More at https://cointelegraph.com/news/ether-etf-weekly-flow-hits-positive?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The median price to send an Ethereum transaction hit 1.9 gwei on the weekend, with low-priority transactions priced even lower. Read More at https://cointelegraph.com/news/ethereum-median-gas-fees-five-year-low?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Zooko Wilcox is now the new head of product at Shielded Labs and wants to speed up the protocol’s upgrade to a hybrid PoS consensus mechanism. Read More at https://cointelegraph.com/news/zcash-founder-joins-shielded-labs-pushes-for-faster-hybrid-pos-upgrade?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

BitGo recently announced a new venture to diversify its Wrapped Bitcoin custodial locations, and Justin Sun’s involvement has caused concern for some. Read More at https://cointelegraph.com/news/bitgo-ceo-argues-wbtc-security-unchanged-amid-concerns?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound