Bitcoin

Robert Kiyosaki Says Prepare for Hyperinflation — Sees Bitcoin as the ‘Best Protection’

Rich Dad Poor Dad author Robert Kiyosaki has urged investors to prepare for hyperinflation, emphasizing that bitcoin is “your best protection.” He perceives the cryptocurrency as “people’s money,” the value of which cannot be controlled by governments. Robert Kiyosaki: Bitcoin Is Your Best Protection The author of Rich Dad Poor Dad, Robert Kiyosaki, is advising […]
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Cryptocurrency
22 Nov 2023

Analysis Claims Discovery of Selective Transaction Filtering in Bitcoin Mining Pools

A recent analysis by 0xB10C, a developer and onchain analyst, has uncovered intriguing findings in the Bitcoin network. The study, which focuses on the mining pools’ transaction selection processes, revealed that certain transactions from U.S. Treasury-sanctioned addresses were missing from blocks. This insight raises questions about the practices of mining pools and their influence on […]
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Cryptocurrency
21 Nov 2023

DOJ Announces $4.3 Billion Settlement With Binance; CZ to Step Down as Part of Plea Deal

The United States Department of Justice (DOJ) has revealed a landmark settlement involving Binance, the world’s largest crypto exchange by trading volume. Under the agreement, Binance will pay $4.3 billion to settle with the law enforcement authority. This significant development was disclosed during a DOJ press briefing on cryptocurrency enforcement, which took place at 3:36 […]
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Cryptocurrency
21 Nov 2023

LBank Unveils Third Launchpad Featuring ACGN Protocol’s AIMEME Token

PRESS RELEASE. LBank, a globally leading cryptocurrency trading platform, is set to make waves in the digital currency space with the official launch of its highly anticipated Launchpad on November 30, 2023. The focal point of this unveiling is the introduction of ACGN Protocol’s AIMEME token, representing a significant milestone for LBank following the successful […]
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Cryptocurrency
21 Nov 2023

Bitcoin’s $30K Floor — Willy Woo’s Onchain Analysis Predicts Enduring Stability Above Threshold

On November 21, 2023, the popular onchain analyst Willy Woo presented a detailed chart showcasing the cost basis density map of bitcoin. This analysis delves into BTC’s pricing history and transactional data, pinpointing critical areas of price stabilization and potential zones of support. In discussing the chart, Woo remarked that if the current pattern continues […]
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Cryptocurrency
21 Nov 2023

Phoenix Group IPO raises $370M, signaling investor confidence in Middle Eastern crypto economy

Abu Dhabi’s Phoenix Group, a Bitcoin (BTC) mining service provider, has completed an initial public offering (IPO) that sold 907 million shares, raising approximately 1.3 billion UAE Dirhams, or $370 million, according to a Nov. 21 statement. The firm said the IPO surpassed its initial expectations, raising 33 times the projected amount. Demand from retail […]
The post Phoenix Group IPO raises $370M, signaling investor confidence in Middle Eastern crypto economy appeared first on CryptoSlate.
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Cryptocurrency
21 Nov 2023

Report: Bitcoin Mining Project Initiates Construction of Hydro-Powered Facility in Nigeria

A Nigerian startup named Trojan Mining is constructing a hydro-powered facility dedicated to bitcoin (BTC) mining in the African country, according to a recent report. Over the weekend, Trojan unveiled the creation of its mining container, locally produced and designed for a 500-kilowatt (KW) bitcoin mining site. Startup Embarks on Hydro-Powered Bitcoin Mining Facility Project […]
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Cryptocurrency
21 Nov 2023

LBank Labs Winter Bootcamp 2024: The Epicenter of Blockchain Innovation

PRESS RELEASE. A short recap from Summer Bootcamp 2023. Following our hugely successful Cabo Mexico Bootcamp with 12 finalist teams selected from 70+ projects and 3 of 12 received extra grants for innovation, feasibility and improvement. We’re bringing together luminaries from over a dozen global top universities like CMU, Colombia, Berkeley, Stanford, Imperial College and […]
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Cryptocurrency
21 Nov 2023

Thorchain Rises to Third in Decentralized Exchange Rankings, Hits $1.8B Weekly Trade Volume

In the past week, trading activity on the decentralized exchange (dex) Thorchain has experienced a significant surge, reaching $1.854 billion in trade volume. Data shows that Thorchain is currently the third-largest dex in terms of volume, following the popular dex protocols Uniswap and Pancakeswap. 2% of Global Bitcoin Spot Trading Channeled Through Thorchain In the […]
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Cryptocurrency
19 Nov 2023

CZ Reveals Client Execs Kidnapped, Hive Increases Mining Power, Blackrock on ETH ETFs — Week in Review

Changpeng Zhao, the CEO of leading crypto exchange Binance, recently revealed that executives of a Binance client were kidnapped and shaken down for their crypto holdings. In other news, Vancouver-Based Hive Digital has increased its mining power and Blackrock has weighed in on the topic of ethereum exchange-traded funds (ETFs). This and more just below, […]
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Cryptocurrency
19 Nov 2023

Greenidge Generation Settles Debt and Sells SC Bitcoin Mining Site to NYDIG

Greenidge Generation Holdings has successfully wiped out $21.8 million in secured debt and divested its South Carolina bitcoin mining facility to NYDIG. The firm detailed that the move enhances Greenidge’s financial stability and liquidity. Greenidge Generation Holdings Clears $21.8 Million Debt, Sells Mining Site to NYDIG On Wednesday, Greenidge finalized the sale of a 22-acre […]
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Cryptocurrency
19 Nov 2023

Report: Jump Trading Cuts Ties With Wormhole Amid Staff Reductions

Based on a recent report, Jump Trading Group, known for its focus on algorithmic and high-frequency trading techniques, has reportedly severed ties with the Wormhole crypto initiative, known for its cross-chain communication services. Last year saw Wormhole suffer a significant loss of 120,000 ethereum due to a major security incident. Wormhole and Jump Trading ‘Part […]
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Cryptocurrency
19 Nov 2023