The Bitcoin miner reported a net loss of $17.7 million in the second quarter of 2024 despite hashrate growth.
DEF buys patent to stop lawsuits against MakerDAO and Compound
The patent for “oracle-like” data storage contained technology that was already in existence, DEF said.
Judge finds Ripple Labs liable for $125M penalty in SEC case: Law Decoded
Ripple faces a $125 million civil penalty after a federal judge rules in favor of the SEC, rejecting the agency’s $2 billion claim.
Super PAC focuses on unseating Sen. Warren, spends $850K on John Deaton
The Commonwealth Unity Fund has disseminated more than $1 million in Massachusetts to support Republican John Deaton’s bid for the US Senate.
Possible Bitcoin price drop to $52K rises as BTC derivatives data shows traders losing hope
Worsening US macroeconomic data and some slight changes in the Bitcoin options market could be signs that BTC’s price weakness is set to intensify.
SEC charges Novatech, company founders, promoters with fraud
Novatech claimed funds were stolen via a cyberattack in May 2023 and reassured customers the company was working to recover the assets.
US Democrats are ‘increasingly gravitating towards crypto’ — Poll
A poll of 804 self-identified Democrats suggested a majority favored some of the core values surrounding digital assets, as well as the US leading the world on innovation.
Bitcoin price dip may retest $55K before next leg up
Based on the upcoming Aug. 14 CPI reading, Bitcoin lost a key trend line when it fell under $63,000, but it could still be on track to recover.
Bitcoin miner Argo repays $35M Galaxy bailout loan
The loan saved Argo from bankruptcy during the crypto winter of 2022.
Tigran Gambaryan’s health worsens, surgery now required
Gambaryan has been detained in Nigeria since February 2024 and has suffered numerous chronic health conditions during that time.