August, 2024

August, 2024

Core Scientific’s shares soar 18% after additional $2 billion CoreWeave agreement
Bitcoin miner Core Scientific will expand its high-performance computing (HPC) infrastructure by 112 megawatts (MW) to a total of 382 MW to host CoreWeave’s NVIDIA graphics processing units (GPUs), ...

Analysts believe Bitcoin could benefit from growing recession fears
The odds of an economic recession are increasing, and this might lead Bitcoin (BTC) to different outcomes, according to industry experts. Aurelie Barthere, Principal Research Analyst at Nansen, believ...

Saylor lauds Bitcoin strategy as catalyst for future economic empires
MicroStrategy executive chairman Michael Saylor strongly endorsed the idea of a strategic Bitcoin reserve during a CNBC interview, framing it as a transformative step for nation-states, corporations, ...

Binance thrives during market downturn with record $2 billion inflows despite India tax probe
Binance CEO Richard Teng revealed that the exchange saw record inflows and one of its highest trading volumes this year as investors panicked in the jittery market on Aug.5 Teng wrote: “Amid the mac...

US Secret Service To Bust More Crypto Crimes if New Proposed Bill Goes Through
Senators Catherine Cortez Masto (D-Nevada), Chuck Grassley (R-Iowa) and Amy Klobuchar (D-Minnesota) have introduced bipartisan legislation seeking to strengthen the US Secret Service’s authority in ...

Millennial Voters Fed Up With Traditional Financial System While Eyeing Bitcoin (BTC): Michael Saylor
MicroStrategy founder and executive chairman Michael Saylor says that younger voters are growing tired of traditional finance and finding Bitcoin (BTC) more attractive. In a new interview on CNBC, the...

Congressman Ro Khanna Wants To Host Meeting With Crypto Leaders and Kamala Harris Campaign Members: Report
Democratic Congressman Ro Khanna reportedly wants to host a meeting to help Vice President Kamala Harris’ campaign mend fences with the crypto industry. Khanna, one of the Democratic caucus’s most...

White Hat Hackers Rewarded $500,000 Bounty After Exploiting Ronin Network
Hackers are reaping the rewards after exploiting a Ronin (RON) bridge for $10 million in Ethereum (ETH). According to the gaming-focused blockchain’s X account, white hat hackers have returned $10,0...

Mysterious Whale With Over $1,570,000,000 in Assets Quietly Buys Ethereum (ETH) Dip: On-Chain Data
A whale has aggressively scooped up the crypto market correction, quietly accumulating nine figures worth of Ethereum (ETH). First spotted by tracking firm Lookonchain, an entity known as “7 Sibling...

Ripple Gears Up for Rollout of RLUSD Stablecoin With Launch of New Webpage
San Francisco-based payments company Ripple has rolled out a new webpage for its upcoming dollar-pegged stablecoin. The firm says on the new page that Ripple USD (RLUSD) will be issued on the XRP Ledg...

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