September ‘crash’ to $22K? — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week struggling with $26,000 as August becomes its worst month of 2023.BTC price strength remains dubious after a snap crash 10 days…
Laos halts electricity supply to crypto mining projects amid drought
Laos state-owned electricity distribution company Électricité du Laos (EDL) has announced that it will suspend electricity supply to crypto mining operations in…
Indian PM Modi calls for global cryptocurrency framework at G20 Summit
Indian Prime Minister Narendra Modi has called for global collaboration on formulating crypto regulations during the annual Group of 20 (G20) summit. As president…
‘Breakthrough growth’ will be driven by Web3: HK financial secretary
Hong Kong’s Financial Secretary, Paul Chan Mo-po has reiterated his support for blockchain technology, calling it the next wave of "breakthrough growth" in the…
Bitcoin revenue per terahash nears record lows as hashrate soars
Bitcoin mining revenue or “hash price” — a measure of dollars earned per TH/s per day — has slumped to levels not seen since the collapse of FTX in November 2022,…
Friend.tech pronounced ‘dead’ after activity and fees tank
Less than three weeks after its launch, the decentralized social network Friend.tech has already been declared "dead" by critics, following a recent drop in key…
OnlyFans’ parent company bought $20M of Ethereum as revenue surged
The parent company of subscription platform OnlyFans has become the latest firm to reveal its cryptocurrency holdings, showing it invested nearly $20 million into…
While Friend.tech booms, decentralized social has a retention problem — Execs
Despite the recent hype around riend.tech, some decentralized social networks are still having a tough time getting users to sign up and stay on their social…
Bitcoin price stability creates lucrative setups in TON, XMR, MNT and QNT
Bitcoin (BTC) has gone silent over the weekend. CryptoQuant CEO Ki Young Ju said in a recent post on X (formerly Twitter) that Bitcoin’s velocity has declined to…
FTX suspends user accounts amid Kroll cyber breach concerns
Following the recent Kroll cybersecurity breach, FTX Derivatives Exchange, a financially distressed cryptocurrency trading company, has opted to temporarily…