Category Archives: Crypto News

Expansion in Mining Operation Announced by Iris Energy Via Acquisition of $19.6M Worth S21 Antminers from Bitmain Iris Energy, a Bitcoin mining operation listed on Nasdaq, has recently publicized its purchase of Bitmain’s latest S21 Antminers. Notably, this decision will lead to a substantial increase of 25% in the firm’s self-mining capacity, taking it fromContinue reading “Iris Energy Increases Mining Capability with $19.6M Purchase of Bitmain S21 Antminers”

Rising Geopolitical Tensions Raise Concerns, Says Billionaire Investor Paul Tudor Jones The ongoing geopolitical instability involving four prominent nuclear-powered countries, namely China, Russia, and Iran, has raised alarms for billionaire investor Paul Tudor Jones. He considers the current global climate to be the most unstable and worrisome that he has encountered in his career, andContinue reading “Billionaire Paul Tudor Jones Forecasts Major Geopolitical Threats – Signals Growing Concerns About China, Russia, Iran”

A Recent Incident: Crypto Funds of Hamas Frozen by Israel Police at Binance In a recent development, crypto accounts purportedly belonging to Hamas and stationed at Binance have been frozen by the Israel Police. This incident comes at the heat of the escalating tension between Hamas and Israel. In addition, another account from Barclays Bank,Continue reading “Israeli Authorities Halt Binance Crypto Accounts Suspected to be Hamas-Operated”

A Shocker: Former Alameda CEO Puts Accusations on SBF for Orchestrating Fraud at FTX Caroline Ellison, ex-CEO of Alameda Research, recently gave a riveting statement on Tuesday that pointed fingers at Sam Bankman-Fried, accusing him of leading her and her co-workers into fraudulent actions while serving under his governance at FTX and Alameda. Wearing aContinue reading “Caroline Ellison’s Shocking Testimony: Accuses Former Alameda CEO SBF of Orchestrating Fraud at FTX”

A recent report from Fidelity Digital Assets postulates that Bitcoin is fundamentally dissimilar from other digital assets, suggesting that it needs separate consideration while creating crypto investment portfolios. Fidelity Digital Assets’ Unique Evaluation of Bitcoin As the world’s third-largest asset handler, controlling an amazing $4.24 trillion in discretionary assets, Fidelity Digital Assets (FDA) fervently supportsContinue reading “Fidelity Digital Assets Report Highlights Bitcoin’s Unique Role in Crypto Economy”

Legal Representatives of Ex-FTX Chief Seek to Examine $300M Loans Details; Focus Shifts to Ex-CTO Gary Wang In a fresh revelation, legal representatives of the erstwhile chief of FTX, Sam Bankman-Fried, are eager to scrutinize the details of personal loans ranging from $200-300 million granted to the former CTO of the liquidated cryptocurrency exchange. ReportsContinue reading “Spotlight on Ex-CTO Gary Wang as Bankman-Fried Defends $300M Loan Interrogations”

Simplex Enhances VERSE Token Accessibility and Encourages Cryptocurrency Adoption Since its establishment in 2016, Simplex has maintained a strong partnership with Bitcoin.com. The objective of this collaboration is to enhance access to cryptocurrencies and encourage broad acceptance worldwide. As part of Nuvei, a NASDAQ registered company with over two decades of experience in payments, SimplexContinue reading “Boosting Cryptocurrency Adoption: Simplex Optimizes VERSE Token and More”

Bitcoin’s Hashrate Reaches Unprecedented Heights Prior to Reward Halving Amid Market Deterrents Seven days ago, Bitcoin miners tackled an increased difficulty level of 0.35% at block height 810,432. Regardless, Bitcoin’s hashrate accomplished an astonishing feat on October 8 by shooting up to an impressive 440 exahash per second (EH/s) based on the seven-day simple movingContinue reading “Bitcoin Hashrate Skyrockets to All-Time High As Market Challenges and Reward Halving Looms”

Key Players in Crypto Market: MATIC Nosedives while ATOM Bounces Back In recent cryptocurrency developments, Polygon also referred as MATIC experienced a fourth leaderless day on Tuesday. The downfall marked the cryptocurrency reaching a near two-week low. Interestingly, this occurred even as the world crypto market cap was caught in the red, showing a 0.37%Continue reading “Top Market Shifts: MATIC Hits Lowest Point in 10 Days, ATOM Recovers from Critical Support Level”