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The AI retrofit is becoming easier to see in miners’ income statements. This article first appeared in Miner Weekly, a weekly newsletter by Blocksbridge Consulting curating the latest news in energy, compute, infrastructure, and data analysis from The Energy Mag. The original article can be viewed here. IREN, Core Scientific (NASDAQ: CORZ) and TeraWulf (NASD…
Read the original story ↗Tokenized gold’s booming market cap and trading volumes haven’t translated into decentralized finance adoption. According to Xash CEO Kevin Huynh, most gold-backed tokens sit idle rather than generating yield. Tokenized Gold Booms in Volume Despite surging investment and trading volumes, tokenized gold has struggled to establish meaningful utility in decentr…
Read the original story ↗The South Korean crypto exchange said potentially exposed information includes passwords, bank account numbers, national identification numbers and crypto wallet addresses.
Read the original story ↗Vitalik Buterin’s latest pivot in how Ethereum should be valued might make traditional Wall Street investors dizzy. The narrative is changing once again, and this time it moves ETH into the territory where Bitcoin’s pitch in traditional finance (TradFi) is strongest: being a store of value. This leaves the two most valuable blockchain networks competing […]
Read the original story ↗Bitcoin fell below $65,000 on November 15, its lowest level since July, amid macroeconomic concerns, market liquidations and possible competition for investment from AI companies. The broader crypto market cap dropped to $2.19 trillion.
Read the original story ↗Speculation is mounting that Nvidia CEO Jensen Huang was forced out after the co-founder of the multitrillion-dollar company began advocating for open-source AI models. While these theories remain unconfirmed, they also draw parallels with Bitcoin’s own fight over open-source development. Although Huang announced his resignation, an undisclosed person famili…
Read the original story ↗The neobank, which also runs a crypto business, received approval to purchase Banco Porto Real de Investimentos S/A, becoming a licensed bank in Brazil. The development enables the company to maintain its name, as regulators pressured it to drop the bank moniker since it was not licensed as a bank in the country. Nubank Receives […]
Read the original story ↗XRP tanked to its lowest level since November 2024 as ETF outflows and shrinking stablecoin supply add to pressure on crypto markets.
Read the original story ↗The Justice Department secured court authorization targeting more than $1.2 billion in cryptocurrency stolen from Binance. The action formed part of a recovery effort that froze billions of dollars following an attack U.S. authorities attributed to North Korea. Court Orders Target More Than $1.2 Billion The U.S. Department of Justice (DOJ) announced on Nov.…
Read the original story ↗Cryptocurrencies tumbled over the weekend, with Bitcoin slumping to a three-month low of just above $63,000 as leveraged long positions were liquidated.
Read the original story ↗Bitcoin approached a large concentration of leveraged trades as Glassnode warned that forced selling could deepen its decline. The warning came as shrinking trading liquidity and losses on bullish bets increased pressure across crypto markets. Glassnode Warns of Vulnerable Trades Below Bitcoin’s Price Glassnode, a firm that analyzes public blockchain data an…
Read the original story ↗Michael Saylor highlighted positive returns from Strategy’s income-paying preferred shares, traded as STRC, while bitcoin fell near $64K on Nov. 14, down more than 21% over one month. The slide pushed the company’s bitcoin holdings further below their acquisition cost. Saylor Highlights Income During Bitcoin’s Slide Michael Saylor, founder and executive chai…
Read the original story ↗The pseudonymous owner and maintainer of the bitcoin.org domain stated he had never seen bitcoiners so demoralized, highlighting that the recent bear market was brutal. Cobra pointed out several tailwinds for bitcoin’s future, stressing that owning bitcoin is extremely risky right now. Bitcoin.org Steward Cobra Highlights Tailwinds for Bitcoin in the Short T…
Read the original story ↗Indian cryptocurrency exchange Unocoin confirmed Saturday, Nov. 14, that attackers stole approximately $200,000 in cryptocurrency from three compromised hot wallets, reversing its earlier assurances that no funds were lost. The trading platform’s team also acknowledged potential exposure of sensitive customer information. Unocoin’s $200K Revelation Rewrites…
Read the original story ↗"They are now selling at the very price they wish they had taken advantage of three months ago," wrote James Check.
Read the original story ↗Decentralized Finance total value locked on MegaETH dropped significantly from over $245 million to $8.8 million.
Read the original story ↗Canton Network is a privacy-enabled blockchain built for banks and tokenized assets. Here's how it works and what Canton Coin (CC) does.
Read the original story ↗The plan follows Kazakhstan's first sale of tokenized central bank notes as the country expands its crypto market.
Read the original story ↗Project Meridian FX APAC said it demonstrated how transactions can be coordinated across conventional settlement systems and those built using blockchain technology.
Read the original story ↗OpenAI’s new wallet lets AI agents buy products using ordinary cards, challenging crypto payment tools from Coinbase and Circle as companies compete to control everyday online shopping by autonomous software.
Read the original story ↗Britain could use bitcoin mining to absorb surplus Scottish wind power and reduce payments to wind farms to halt generation, according to a Bitcoin Policy Institute report.
Read the original story ↗Both bitcoin and ether are trading in price ranges where market makers and dealers may add to market volatility.
Read the original story ↗Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
Read the original story ↗MegaETH co-founder Shuyao Kong said the restructuring affected employees who helped build the project’s blockchain, wallet and ecosystem.
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