Crypto Miner Hive Had to Sell Ether (ETH) in Major Quantity to Buy Bitcoin Mining Rigs
Bitcoin miner Hive said that it has grown its hashrate by 8% during the month of May and mined 273.4 Bitcoins last month.
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Bitcoin miner Hive said that it has grown its hashrate by 8% during the month of May and mined 273.4 Bitcoins last month.
With the rising demand for its services, Pintu plans to use the funds to add more tokens to its platform.
Owing to a February 2022 hack of $36 million, the IRA accused Gemini for lack of transparency with its cybersecurity protocols and failing to provide sufficient security for the funds.
The survey concluded that the Fed’s quantitative tightening used to curtail inflationary threats could be bad for crypto and tech stocks.
Binance US arm, Binance.US, is also under investigation by the SEC. The watchdog wants to ensure that the US business is appropriately operating independently from the crypto company.
Investors in Australia have already lost $81.5 million in crypto scams and $148 million overall, including several other investment scams.
Binance has invested in the PancakeSwap decentralized exchange through its Binance Labs investment arm in a bid to grow global tech adoption.
Bitcoin last traded at these levels on June 1, when it began a downward correction that saw BTC fall from around $32,000 to below $30,000 for the majority of the weekend.
Federal Reserve Governor Christopher Waller has stated that crypto regulation is to protect everyone.
Tron accelerates its plan to collateralize its native USDD stablecoin. Tron will use three separate crypto – Bitcoin, USDT, and TRX – as a way to diversify their reserves.
After Tidex’s IDO launch on June 15th, trading in TDX tokens will commence later on the same day.
Michael Saylor said he is not interested to make any short-term predictions and that his company won’t take any call of selling unless BTC price corrects 95%.
About $360K worth of Bored Ape NFTs were lost after popular crypto chat app Discord fell victim to a “brief exploit”.
The UST crumble, coupled with the inflation, has raised concerns among experts in the crypto community.
Many notable names in the crypto space present at the WEF spoke of the unsustainability of the existing cryptocurrencies.