Riot Platforms says Texas energy strategy reduced production costs by $31M
As Texas baked in the sun, Riot Platforms received two types of monetary credit for being attentive to the grid’s power needs. Go to Source
Cryptocurrencies
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Binance creates smart contract to refund users affected by $3M rug pull
After the rug pull, Xirtam scammers directly deposited stolen funds onto Binance, prompting the exchange to freeze the assets. Go to Source
HashKey signs MOU for crypto exchange insurance
The policy would potentially cover both the exchange’s hot wallets and cold storage addresses. Go to Source
Google will allow ads for NFT games starting September 15
The new updates to the cryptocurrency ads policy allows for NFT gaming ads provided the games and ads don’t promote gambling. Go to Source
Here’s why Bitcoin will hit $22K soon
This week, The Market Report discusses why $22,000 is the next logical step for Bitcoin and why BitMEX co-founder Arthur Hayes claims the bull market started back in March. Go to Source
Report suggests 6 billionaire crypto traders earned their fortunes from Bitcoin
The firm behind the “Crypto Wealth Report” said it received a spike in the number of crypto-related inquiries by millionaires in the last six months. Go to Source
MetaMask launches feature to sell ETH for fiat
The sell feature on MetaMask Portfolio came roughly five months after the wallet allowed users to purchase crypto using fiat from bank accounts, PayPal, and debit and credit cards. Go to Source
80 Chinese crypto influencer accounts shut down in latest crackdown
The accounts had over 8 million in combined followers before they were removed. Go to Source
Coinbase to upsize debt repurchase by $30M
A total of $180 million 2031 Senior Notes will be repurchased by the exchange. Go to Source
40% of crypto trading platforms are decentralized: World Federation of Exchanges
The World Federation of Exchanges noted in a report that retail demand is higher for crypto products but there’s a lack awareness on investor protection. Go to Source