Why crypto miners are ditching debt for equity
Crypto miners are moving away from debt and embracing stock dilution to fuel their AI and HPC ambitions, but the payoff is still uncertain. Go to Source
Month: August 2024
Five crypto market predictions that haven’t come true — yet
Crypto narratives sometimes promise a trip to the moon, but not all rockets make it, and markets tend to have a sloppy memory, often falling into the same traps. Go to Source
Singapore, Hong Kong and UAE lead in crypto adoption: Report
Singapore scored high in the adoption index because of several criteria, including regulations, innovation and technology. Go to Source
Ethereum research team numbers surge 2,100% since 2019
An investment of $1,000 into Ether five years ago would be worth over $14,900 today. Go to Source
Banks face new risks from permissionless blockchains, BIS warns
To mitigate risks associated with public blockchain networks, the paper proposed appointing an entity with the authority to “control and limit access” to cryptocurrency assets. Go to Source
US Bitcoin ETFs See $71.73M in Outflows as 5 Funds Take a Hit
On Thursday, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) experienced $71.73 million in outflows, with reductions seen across five distinct funds. Notably, Grayscale’s ETHE led the spot ether ETFs, which faced $1.77 million in outflows, by losing $5.35 million. Bitcoin and Ether ETFs Face Outflows During the trading sessions on Aug. 29, the collective … Read more
Justin Sun taunts SUN token bears after 240% rally. SBF déjà vu?
The X post draws immediate similarities to a previous post of FTX’s Sam-Bankman Fried, back when the Solana token was trading at just $3. Go to Source
Quidax Becomes Nigeria’s First SEC Licensed Crypto Exchange
PRESS RELEASE. Lagos, Nigeria, 29th August 2024 – On Thursday, African-founded cryptocurrency exchange, Quidax announced that it has become the first crypto exchange to receive a provisional operating license by Nigeria’s Securities and Exchange Commission (SEC) as a Digital Assets Exchange. The license which was presented by the Securities and Exchange Commission grants Quidax the … Read more
9 months after SBF conviction, Peter Singer defends effective altruism in debate
According to the prominent voice for effective altruism, Sam Bankman-Fried’s version of the philosophy was only one among many. Go to Source
A Vision for Bitcoin Mass Adoption by Mark Zalan, CEO of GoMining
Since its inception in 2009, Bitcoin has evolved from a niche concept into a driving force within global financial markets. This remarkable transformation is anchored by two key pillars: a utility-driven ecosystem that offers innovative solutions, and a visionary reimagining of the future of finance. Central to this evolution is the community that validates these … Read more