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Bitfarms Mines 233 BTC in August: Here’s Why

Bitfarms Mines 233 BTC in August: Here’s Why

September 3, 2024 by Danny Reynolds

Prominent Bitcoin (BTC) miner Bitfarms generated 233 BTC worth $13.9 million last month, with its holdings increasing to 1,103 BTC. It happened because Bitfarm’s operational hashrate surged 2% month over month to 11.3 EH/s. A Notable August Performance for Bitfarms However, Bitfarms…

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Revenue for Bitcoin Miners Hits 11-Month Low in August 2024

Revenue for Bitcoin Miners Hits 11-Month Low in August 2024

September 2, 2024 by Danny Reynolds

Rising Mining Difficulty Squeezes Profits for Bitcoin Miners Bitcoin miners experienced a sharp drop in revenue in August 2024, their lowest earnings since September 2023. Data from Bitbo revealed that miners generated $827.56 million last month, a significant decrease from July’s $927.35…

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Durov’s Arrest: Toncoin Market Cap Hits $13.96B

Durov’s Arrest: Toncoin Market Cap Hits $13.96B

August 30, 2024 by Danny Reynolds

Toncoin Market Cap Reaches $13.96B Toncoin, the native token of The Open Network (TON), has reached a market capitalization of $13.96 billion and surpassed 1.1 million daily active users. The achievement comes amidst turbulence following the arrest of Pavel Durov, CEO of…

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Crypto ATMs Dominate Illegal Cash-to-Crypto Transactions – TRM Labs

Crypto ATMs Dominate Illegal Cash-to-Crypto Transactions – TRM Labs

August 29, 2024 by Danny Reynolds

A recent study by the blockchain analytics platform TRM Labs showed that cash-to-crypto transactions facilitated by crypto ATMs have surged since 2019. According to the report, criminal elements utilized crypto ATMs to move illicit funds, with roughly $160 million processed already. Growing…

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How to Spot Crypto Scam Ads on Social Media

How to Spot Crypto Scam Ads on Social Media

August 28, 2024 by Danny Reynolds

As cryptocurrencies grow more popular, frauds—particularly crypto scam ads on social media— are also increasing. To entice victims into losing their money, scammers run ads and offer too-good-to-be-true returns on investments. Although it might be difficult to spot these scams, you can…

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Vitalik Buterin Downplays Criticism of Ethereum’s DeFi Neglect

Vitalik Buterin Downplays Criticism of Ethereum’s DeFi Neglect

August 26, 2024 by Danny Reynolds

Following accusations that the Ethereum network does not care about decentralized finance (DeFi), Vitalik Buterin has downplayed the criticisms over alleged neglect. According to the Ethereum co-founder, DeFi has been an important part of Ethereum’s ecosystem core principle. Frustrations over Ethereum’s DeFi…

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Feds Bust a Pig Butchering Scam Network in the US

Feds Bust a Pig Butchering Scam Network in the US

August 23, 2024 by Danny Reynolds

Pig Butchering Scams Targeting US Investors United States authorities have made significant strides this week in tackling a major pig butchering scam, recovering millions of dollars in cryptocurrency, and sending a former bank CEO to prison. The US District Attorney’s Office for…

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Tether to Unveil Dirham Stablecoin with UAE Partners

Tether to Unveil Dirham Stablecoin with UAE Partners

August 21, 2024 by Danny Reynolds

Tether to Introduce Dirham-Backed Stablecoin in UAE Tether, the dominant force in the stablecoin sector, is set to launch a new digital currency backed by the United Arab Emirates dirham (AED). This move is part of a collaboration with the UAE’s Phoenix…

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Ledn Secures $50M Bitcoin-Backed Loan: What to Know

Ledn Secures $50M Bitcoin-Backed Loan: What to Know

August 20, 2024 by Danny Reynolds

Ledn Secures Pioneer $50M Bitcoin-Backed Loan Ledn, a prominent digital lending platform, has received approval for a $50M loan backed by Bitcoin. This loan, syndicated by Sygnum, a global digital asset banking group, marks a significant development in the integration of digital…

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What is DEX Screener? A Complete Beginner’s Guide

What is DEX Screener? A Complete Beginner’s Guide

August 19, 2024 by Danny Reynolds

The rising complexity and diversity of DeFi platforms call for strong tools to analyze the market properly. DEX Screener is one of the main platforms providing such tools. It guarantees almost flawless trade analysis. The key features and benefits of DEX Screener…

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Crypto Mixing: What to Know About Mixero Bitcoin Mixer

Crypto Mixing: What to Know About Mixero Bitcoin Mixer

August 17, 2024 by Danny Reynolds

Despite general belief, transactions involving Bitcoin are not completely anonymous to others. They are pseudonymous; such transactions leave a trail where users’ identities can be potentially exposed. Enter Bitcoin mixers. A Bitcoin mixer like Mixero can hide transaction trails and ensure users’…

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AI Bubble Burst Threatens Crypto Projects – Analysts

AI Bubble Burst Threatens Crypto Projects – Analysts

August 15, 2024 by Danny Reynolds

Crypto AI Projects Face New Challenges Recent fears on Wall Street about a possible AI bubble burst have raised concerns about the future of AI-focused crypto projects. As AI technology gains mainstream attention with advancements like ChatGPT, investors poured money into various…

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Nearly Half of the Bitcoin Supply is Dormant – Glassnode

Nearly Half of the Bitcoin Supply is Dormant – Glassnode

August 14, 2024 by Danny Reynolds

45% of Bitcoin Supply Unmoved for 6 Months New research from Glassnode has highlighted a significant trend in the behavior of Bitcoin holders. According to their latest data, 45% of the total Bitcoin supply has remained inactive for at least six months….

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Blockchain Development Guide for Beginners: All You Need To Know

Blockchain Development Guide for Beginners: All You Need To Know

August 14, 2024 by Danny Reynolds

Blockchain technology is transforming sectors by offering decentralized, safe, open ways for handling and documenting transactions. The demand for qualified blockchain developers and blockchain solutions is rising. This guide is for enthusiasts wishing to pursue this fascinating field. We will cover everything…

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Infinite-CT Review – Is infinite-ct.com Scam or a Legit Crypto Broker?

Infinite-CT Review – Is infinite-ct.com Scam or a Legit Crypto Broker?

August 12, 2024 by Danny Reynolds

Infinite-CT is a broker for trading online through a quality and user friendly online trading platform. You can read our Infinite-CT review today to learn all about them. We have given them a score of 4.5/5. You can visit their website and sign up through the link below to start trading.

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ETH ETFs Record First Positive Net Flows Week

ETH ETFs Record First Positive Net Flows Week

August 12, 2024 by Danny Reynolds

BlackRock’s iShares Ethereum Trust Leads with $188.4M Inflows Spot Ether (ETH) exchange-traded funds (ETFs) in the United States have achieved a significant milestone following their first positive net flows since their launch on July 23. SoSoValue’s ETF tracking data showed that the…

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IRS Releases Updated Crypto Tax Form: Here’s What to Know

IRS Releases Updated Crypto Tax Form: Here’s What to Know

August 10, 2024 by Danny Reynolds

Following the launch of the updated draft of the 1099-DA crypto tax form by the US Internal Revenue Service (IRS), crypto traders and investors must report all transaction activities involving digital assets. The updated legislation, set to go into force in 2026,…

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Telegram Mini-Apps: What Are They and How Do They Work?

Telegram Mini-Apps: What Are They and How Do They Work?

August 9, 2024 by Danny Reynolds

Telegram mini-apps represent a fundamental shift in the digital environment, providing users with a varied way to interact with micro-applications directly within the Telegram platform. These mini-apps offer a variety of features, including the opportunity to play games, such as tap-to-earn cryptocurrency…

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Investments Global Review – Is investmentsglobal.com Scam or a Legit Crypto Broker?

Investments Global Review – Is investmentsglobal.com Scam or a Legit Crypto Broker?

September 7, 2023 by Danny Reynolds

Investments Global is a broker for trading online through a quality and user friendly online trading platform. You can read our Investments Global review today to learn all about them. We have given them a score of 4.4/5. You can visit their website and sign up through the link below to start trading.

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NewTradeVision Review – Is Newtradevision.com Scam or a Legit Crypto Broker?

NewTradeVision Review – Is Newtradevision.com Scam or a Legit Crypto Broker?

May 5, 2023 by Danny Reynolds

NewTradeVision is a broker for trading online through a quality and user-friendly online trading platform. You can read our NewTradeVision review today to learn all about them. We have given them a score of 4.4/5. You can visit their website and sign up through the link below to start trading.

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Name	Price	24H (%)
Bitcoin (BTC)	$94,418.00	3.00%
Ethereum (ETH)	$3,143.38	1.50%
Tether (USDT)	$1.00	0.03%
BNB (BNB)	$619.05	0.59%
XRP (XRP)	$1.13	4.82%
Cardano (ADA)	$0.84	14.53%
Chainlink (LINK)	$15.18	3.19%
Polkadot (DOT)	$6.02	3.65%
Litecoin (LTC)	$87.25	0.74%
Uniswap (UNI)	$9.15	-1.73%