Ripple, Coinbase, a16z invest $78M in pro-crypto PAC ahead of US elections
Ripple CEO Brad Garlinghouse has publicly announced the company’s intent to support “pro-crypto’ candidates during the 2024 United States election season. The…
BlockShow unites with BlockDown for a crypto festival in Hong Kong
BlockShow, a major global conference devoted to the blockchain and cryptocurrency industry, is making a comeback after four years, joining forces with BlockDown…
Bitcoin miner Cipher buys 37K Bitmain Antminers for $99.5M
Publicly traded Bitcoin (BTC) mining firm Cipher Mining (CIFR) is scaling operations with a new mega-purchase of cryptocurrency mining devices.Cipher will buy…
OKX NFT platform tops Blur and OpenSea in daily trading volume
Crypto exchange OKX’s nonfungible token (NFT) arm surpassed the 24-hour trading volume of other prominent NFT marketplaces like OpenSea, Blur and Magic Eden. On…
Hut 8 agrees to develop mining site to build equity with Celsius creditors
The Canadian Bitcoin mining firm Hut 8 has signed an interim agreement to launch a new mining site in Cedarvale, Texas, in connection with the Celsius Network…
Trader gambles $226k on Solana memecoin, gets to $1.69M in five days
The Solana (SOL) memecoin frenzy continues as a trader turns $226,000 into well over $1.6 million by gambling on a token with a beanie-wearing dog as its mascot. …
5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week in risky territory as sell-offs from whales mark a change in mood.The latest weekly close has done little to comfort nervous…
Daily gas spent on EVM inscriptions surges to record high of $8M
Network transaction fees across all blockchains have spiked over the weekend as the Ordinals inscriptions craze continues to push demand for blockspace — not just…
Bitcoin won’t be beaten as digital store of value: VanEck CEO
The CEO of investment management firm VanEck says he can’t see a world where Bitcoin (BTC) is overtaken as the leading store of value on the internet.“I think…
Blockchain-based private loans hit $582M, doubling from last year
Blockchain-based lending is regaining momentum this year, with the value of active tokenized private credit now sitting at $582 million — a staggering 128%…