Bitcoin Miners Hit Record Low Daily Revenue
The Bitcoin mining industry is facing a significant downturn, with daily revenue plummeting to a new yearly low of $2.54 million on August 11. This decline is…
Tether’s $1.3B USDT Mint Fuels Bitcoin Rally Hopes
The cryptocurrency market has shown signs of recovery following the recent sell-off, with Bitcoin reclaiming the $62,000 level. A key indicator of potential bullish…
Hashdex Nasdaq Crypto Index ETF Faces Approval Delay
The Securities and Exchange Commission (SEC) has requested additional time to review Nasdaq's application for listing a crypto index exchange-traded fund (ETF).…
Celsius Files $3.5 Billion Lawsuit Against Tether
In a dramatic legal escalation, bankrupt cryptocurrency lender Celsius Network has filed a lawsuit against Tether, alleging the stablecoin issuer misappropriated…
Ripple Launches RLUSD Stablecoin Testing
Ripple Labs has announced the launch of its highly anticipated stablecoin, Ripple USD (RLUSD), on the XRP Ledger (XRPL) and Ethereum mainnets. The…
Bitcoin Market Turns Bullish After Holding $60K
The cryptocurrency market experienced a dramatic turnaround as Bitcoin staged a remarkable recovery, surging past the $62,000 mark following a sharp decline that…
IRS Releases Revised Crypto Tax Form for US Taxpayers
The Internal Revenue Service (IRS) has taken a step towards easing the crypto tax reporting burden for US taxpayers. The agency has released an updated draft of…
Bitcoin Breaks $62K, Forms Bullish Pattern
Bitcoin has made a remarkable comeback, surging past the $62,000 mark just days after the market experienced a significant sell-off dubbed "Crypto Black Monday."…
Bitfarms Stock Surges as Q2 Loss Narrower Than Forecast
Canadian Bitcoin mining company Bitfarms has announced better-than-expected second-quarter earnings, sending its stock price soaring by nearly 22%. The company's…
Hackers Can Steal Bitcoin with New ‘Dark Skippy’ Method
Security researchers have uncovered a critical vulnerability in Bitcoin hardware wallets, dubbed "Dark Skippy," which could potentially allow hackers to extract…