Cash News If Revolve Labs, formerly known as Bit49, can start bringing in revenue at the new AI data center, the company should be able to move or decommission the machines at the existing site, St. Onge said. âThe ideal would be to phase out our current site and move everything over to the new […]
Cash News Russia is set to restrict crypto mining in several of its regions due to ongoing energy shortages, announced Deputy Minister of Energy Yevgeny Grabchak. On Oct. 30, the state news agency TASS confirmed the impending ban, which will affect areas where electricity deficits make it challenging to support crypto miningâs high power demands. […]
Cash News CoinDeskThe Protocol: Crypto Fundraising, Job Losses, Juicy Payouts, Grants for DevsIn this week’s issue of The Protocol, our newsletter on blockchain tech, we’re covering the Optimism’s $42.5M token pledge to Kraken, crypto….52 minutes ago Read More #cashnews #cripto #finance
Cash News ‘The worst of crypto is yet to come’ Christopher Beam at The Atlantic Cryptocurrency lobbyists “highlight the most mundane, inoffensive applications of crypto, while condemning the scammers who tarnish the industry’s reputation,” says Christopher Beam. But the “truth is that the scammers are only getting bolder, finding new creative ways to rip off […]
Cash News What does it mean for a token to be useful? The best heuristic is whether people want to hold it for some reason other than as an investment. For example, some tokens grant access to blockchain-based products or services, similar to how baseball tickets grant access to a game. Other tokens coordinate human […]
Cash News Telegram-based crypto communities grew by 183% in Africa between the beginning of 2023 and August 2024. Looking forward, the report commissioned by cryptocurrency exchange Bitget predicted that the cryptocurrency market in Africa will reach 54 million users by 2025, with Nigeria and South Africa taking the lead in terms of users. The report […]
Cash News One-time FTX executive Nishad Singh is set to learn his fate Wednesday (Oct. 30) afternoon. Singh, former chief engineer at the failed cryptocurrency exchange, is scheduled to be sentenced for his part in Sam Bankman-Friedâs pilfering of roughly $8 billion worth of customer funds. Soon after FTXâs collapse in November 2022, Singh and other executives pleaded […]
Cash News î Oct 30, 2024î Ravie LakshmananCybercrim / Cryptocurrency Cybersecurity researchers have discovered a new malicious Python package that masquerades as a cryptocurrency trading tool but harbors functionality designed to steal sensitive data and drain assets from victims’ crypto wallets. The package, named “CryptoAITools,” is said to have been distributed via both Python Package Index (PyPI) […]
Cash News Cryptocurrency has been declared dead so many times that its supposed demise is a running joke within the industry. According to the website 99Bitcoins, the obituary of cryptoâs flagship token has been written at least 477 times since 2010. A round of eulogies occurred last year, after several crypto-trading giants, including FTX, collapsed, […]
Cash News As the cryptocurrency sector remains a rollercoaster ride for investors, three heavyweights â MicroStrategy Inc. MSTR, Riot Platforms Inc. RIOTand Coinbase Global Inc. COIN â are gearing up to release their third-quarter earnings on Wednesday. With varied year-to-date performances and significant price movements, the question on everyone’s mind is: which of these crypto […]