Bitfarms invests $240 million to triple hash rate post-Bitcoin halving. Plans include acquiring 88,000 efficient miners, boosting capacity and efficiency. Solid financials and proactive approach position Bitfarms for success amidst evolving landscape.
EdmundFormer President Trump sold over 1,075 Ethereum for more than $2.4 million, primarily stemming from his involvement in NFT projects. Despite his indirect association with the projects, this move underscores his financial interest in cryptocurrencies. As the presidential race intensifies, candidates' stances on crypto may have significant implications for future prices and adoption.
BerniceFTX, the bankrupt crypto exchange, challenges the IRS's $24 billion tax claim, deeming it "absurd and meritless." The fluctuating tax bill, currently at $24 billion, covers income and employment taxes from 2018 to 2022. FTX emphasizes the need for a fair resolution to protect bankruptcy victims. The upcoming court hearing on December 13 will play a crucial role in determining the distribution of FTX's remaining assets.
BerniceThe stablecoin issuer now only holds cash and repurchase agreements to back its USDC stablecoin’s value.
OthersA new Bloomberg report claims that embattled crypto exchange FTX and its associate firms held a "substantially higher” cash balance.
dailyhodlCrypto lending platform BlockFi addressed the rumors of a potential purchase from major crypto exchange platform FTX. Initially reported by ...
BitcoinistThe Terra Money Twitter account shared the finer points on Do Kwon's initial rescue plan: expanding the base pool, burning UST and staking LUNA.
Cointelegraph"Given what was at stake, I think our team made the best decision in the situation," said Polygon co-founder Jaynti Kanani.
CointelegraphAxie Infinity's Ronin Bridge hackers have started moving their funds despite early hopes of a dialogue between the creators and the hackers.
CointelegraphAPE price now risks crashing by almost 20% from April 26's price, based on its rising wedge pattern.
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