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Rhodium Encore LLC, a bankrupt bitcoin mining company, has received court approval for a unique debtor-in-possession financing plan that allows borrowing in either U.S. dollars or bitcoin. Galaxy Digital Holdings Ltd., a blockchain firm led by Mike Novogratz, has offered to provide Rhodium with a loan of either $30 million in dollars or 500 bitcoin. … Read more
Opinion: If investors want to see a bull run take off this cycle, they should shift their attention from memecoins to AI and real-world assets. Go to Source
Frax Finance has launched the Frax Name Service (FNS), a decentralized identity service that allows users to register unique names on the Frax blockchain. Frax Finance Expands Ecosystem With Launch of Frax Name Service Frax Finance has introduced the Frax Name Service (FNS), a decentralized identity service designed specifically for the Frax ecosystem. FNS is … Read more
The feature could be very useful, but privacy analysts have raised concerns over its reach. Go to Source
The Brazilian Supreme Court ordered a nationwide ban on X after a prior order mandating the social platform to assign a local representative was ignored. Brazilians began to lose access to the site on Saturday, as the Supreme Court prohibited citizens from using virtual private network (VPN) software to circumvent the blockage, establishing fines of … Read more
Traders could be waiting for Bitcoin to bounce off the $55,724 support opening positions in LTC, FET, MNT and AAVE. Go to Source
With just 65 days remaining until the U.S. presidential election, bitcoin wrapped up August with an 8.6% decline compared to where it started the month. Historically, in the last two election cycles, bitcoin’s value has only shown substantial appreciation after the election had ended and a victor was declared. From 2012 to 2020: How Bitcoin … Read more
The Ethereum creator’s utopia seems a lot like a decentralized autonomous organization, but with taxes. Go to Source
The blockchain-powered prediction market Polymarket saw an additional $85.84 million in trading volume during August, marking a notable uptick from July. August’s volume of $472.87 million set a new high, surpassing every month since Polymarket’s inception. Polymarket Volume Soars in August While some sectors faltered in August, Polymarket thrived, setting new records with $472.87 million … Read more
It’s unclear whether the government would be required to inform the general public in the event an AI model becomes sentient. Go to Source
