Marathon Digital Holdings recently made an announcement about a formal deal to acquire a 200 MW Bitcoin mining facility in Texas from Applied Digital for $87.3 million. After all changes to the price have been negotiated, the deal will be finalized since Marathon has agreed to pay the acquisition price
March 17, 2024 1 min read
Pyth Price Feeds are now live on Injective inEVM, the first rollout for hyperscale concurrent VM development. The Pyth Price Feeds were introduced on the Injective mainnet in April 2023, and this deployment follows that. On the recently released inEVM, smart contract developers may now access and use more than 450 low-latency
March 14, 2024 2 mins read
In a complaint launched by the U.S SEC over the Gemini Earn program, a U.S. district court dismissed petitions by crypto lender Genesis and crypto exchange Gemini to dismiss the case. The SEC “plausibly alleged” that Genesis Global Capital, LLC and Gemini Trust Company, LLC marketed and sold unregistered securities,
March 14, 2024 2 mins read
For running for more than two years without registration, Crypto.com was penalized by the Dutch central bank, De Nederlandsche Bank (DNB). The fine was publicized on March 13, although it was levied in October. Why the announcement was delayed or not made public at the time remains a mystery. For
March 13, 2024 1 min read
Leading tech firm Everyrealm, which specializes in social gaming, announces the introduction of Everyworld, a blockchain-enabled discovery and rewarded ads protocol. The cutting-edge technology has the potential to revolutionize how consumers engage with digital advertising and generate income that might benefit the planet as well as themselves. Everyworld uses blockchain technology to allow
March 13, 2024 2 mins read
In order to introduce their new investment product, the Grayscale Bitcoin Mini Trust, Grayscale Investments has officially filed with the U.S SEC. The present Grayscale Bitcoin Trust (GBTC) oversees assets worth around $28 billion; this change gives investors a cheaper fee structure. Grayscale Bitcoin Mini Trust is an investing product
March 12, 2024 2 mins read
With the announcement of yet another significant reduction in sponsor fees, investment management company VanEck has strengthened its position in the spot Bitcoin exchange-traded fund (ETF) market. The crypto community has responded to the news of the fee reduction, which was announced on the official twitter page of VanEck. Until
March 12, 2024 2 mins read
With the majority of the funds it garnered from its recent convertible debt offering, MicroStrategy (MSTR) has bought 12,000 more bitcoin (BTC). Led by Michael Saylor, a strong supporter of bitcoin, MicroStrategy now has 205,000 BTC worth around $14.7 billion. According to a post by Saylor on Monday on twitter,
March 11, 2024 1 min read
Ex-CEO and founder of BlockFi Zac Prince has spoken out about the crypto lender’s insolvency and his future ambitions for the business and himself. Among the most noteworthy points brought up by Zac Prince was the update about the bankruptcy process’s effectiveness. His decision to be silent up to this
March 11, 2024 1 min read
Due to an episode of increased volatility which has led to a decrease in the reserves of its dollar-pegged stablecoin dai, MakerDAO has instituted a series of interim fee adjustments intended to strengthen the protocol. The recommendation was brought out by BA Labs, a member of Maker’s Stability Advisory Council,
March 10, 2024 1 min read