SEC May Contest FTX’s Stablecoin Repayment Strategy
The United States Securities and Exchange Commission (SEC) has expressed concerns about FTX’s proposed plan to repay creditors using stablecoins, according to an August 30 court filing in the United…
August Sees Over $313 Million in Cryptocurrency Stolen Due to Hacks
Cryptocurrency security concerns intensified in August as hackers pilfered $313.86 million in digital assets across more than 10 separate incidents. This disturbing trend underscores the challenges facing the asset class’s…
Record Highs for Bitcoin Whales: Wallets Holding Over 100 BTC Surge
Bitcoin’s whale wallets—those holding at least 100 BTC—have reached a 17-month high, indicating a bullish trend among larger investors despite recent price dips. According to the latest data from the…
Bitcoin Mining Revenues Plunge to 11-Month Low Amid Increased Challenges
Bitcoin mining activity has seen a significant downturn in profitability, recording the lowest monthly revenue since September 2023. Last month, miners generated $827.56 million, a sharp 10.5% decrease from July’s…
Canadian Court Mandates Repayment of $1.2 Million Bitcoin Loan
In a landmark case that underscores the evolving legal landscape surrounding cryptocurrencies, the Supreme Court of British Columbia has ruled in favor of Hung Nguyen, ordering Daniel Tambosso to repay…
Bitcoin’s On-Chain Indicator Approaches Key ‘Buy’ Signal Amid Market Fluctuations
Bitcoin is approaching a pivotal point according to a widely recognized on-chain indicator, which is causing excitement among crypto traders about potential buying opportunities. This development comes as the cryptocurrency…
Bluesky Gains One Million Users Following Brazil’s X Ban
Bluesky, a microblogging platform, has seen a rapid surge in new users, gaining a million users over the past three days. This spike in activity follows a decision by Brazilian…
Crypto Exec Says Elderly Withdrawal Attempts Prompt Immediate Contact for Scam Prevention
Crypto exchange vigilance has become a cornerstone in the battle against digital fraud, with a focus on protecting the most vulnerable groups from sophisticated scams. Adrian Przelozny, CEO of Independent…
White House Confirms Biden, Harris Not Invited to Arlington Event for Afghanistan Withdrawal Casualties
In a recent development, the White House and an aide to Vice President Kamala Harris have clarified that President Joe Biden and Vice President Harris were not invited to last…
Mysterious Noise Reported from Inside NASA’s Starliner Docked at ISS
NASA’s Starliner spacecraft has begun emitting unusual noises just days before it is set to undock from the International Space Station (ISS) for an uncrewed return to Earth. On Saturday,…
Boeing’s Starliner Returning to Earth Without Crew on September 6
Boeing’s Starliner spacecraft is set to return to Earth without a crew on September 6, following an undocking from the International Space Station (ISS). If conditions permit, the spacecraft will…
Nintendo Stops Repairing New 3DS as Parts Run Out
Nintendo has officially stopped offering repairs for the New Nintendo 3DS due to a shortage of parts. This development, announced by the company’s Japanese support team, means that users of…
Naver and Chiliz Forge Partnership to Launch Crypto Wallet in South Korea
South Korean technology conglomerate Naver has announced the launch of its first-ever cryptocurrency wallet, the Naver Pay Wallet, in collaboration with the sports-centric blockchain, Chiliz. This strategic partnership marks a…
Tumblr to Undergo Large-Scale Backend Shift to WordPress
Tumblr is set to transition its extensive collection of half a billion blogs to a WordPress-based backend, marking a significant technical shift. Automattic, the parent company of WordPress.com, which acquired…
TeraWulf Set to Initiate New Bitcoin Mining Operations and Pursues Significant Tech Collaborations
TeraWulf Inc., ranked as the world’s sixth-largest Bitcoin mining company, is gearing up for a significant expansion with the imminent launch of a new Bitcoin mining facility. Set to commence…
Uber Aims to Boost Market Share in South Korea with New Strategy
Uber Technologies Inc.‘s CEO, Dara Khosrowshahi, reaffirmed the company’s commitment to expanding its presence in South Korea, despite facing stiff competition from local tech giant Kakao. Speaking to reporters in…
Crypto Hacking Losses Surpass $1.2 Billion in 2024
The landscape of cryptocurrency security remains fraught with challenges as hackers have stolen more than $1.2 billion in digital assets so far in 2024. This alarming figure, confirmed through recent…
Midjourney Announces Move Into Hardware
Midjourney, the AI image-generating platform known for its impressive $200 million in revenue without any venture capital investment, has announced plans to enter the hardware market. The company shared the…
Intuitive Machines Wins NASA Contract for 2027 Lunar South Pole Mission
Intuitive Machines, a startup that went public last year, has secured a $116.9 million contract from NASA to send a moon lander to the lunar south pole in 2027. This…
Donald Trump’s Fourth NFT Collection Nets $2.2 Million Shortly After Launch
United States presidential candidate Donald Trump has once again made headlines in the crypto community with his latest foray into non-fungible tokens (NFTs). His new collection, dubbed “America First,” launched…