Bitcoin mining firm TeraWulf’s Q2 2024 financial report disclosed a 21.4% drop in Bitcoin production, totaling 699 BTC compared to the previous year’s second quarter. Amidst the drop, TeraWulf generated $35.6 million in revenue, more than double its earnings of $15.5 million from the previous year. Moreover, the firm’s gross
The DeFi Education Fund (DEF) recently settled with True Return Systems LLC (TRS) involving a patent dispute for Decentralized Finance (DeFi) protocols. On Monday, DEF announced that it had purchased a patent from TRS, resolving ongoing lawsuits against MakerDAO and Compound Protocol. The patent, U.S. Patent No. 10,025,797, covers “oracle-like”
While the global crypto market is swinging with both gains and losses, the movement of large asset volumes across exchanges is drawing increased attention. In a recent transaction, Pendle Finance’s Ecosystem Fund transferred 600,000 PENDLE tokens, equivalent to approximately $1.64 million, to Binance around 11 hours ago. This marks a
Looking to maximize your returns in 2024? Investing early in promising ICOs could be the key. In this article, we’ll explore the top 4 ICOs that are generating a lot of excitement in the crypto world. We’ll take a closer look at Pepe Unchained, Solciety, WienerAI, and BlockDAG—each offering unique
The recent surge in Bitcoin Cash (BCH) prices highlights a strong upward trend in the market, showcasing a significant rise in value. In contrast, the XRP price forecast remains consistent, providing a steady outlook amidst the constantly changing crypto scene. As these trends catch the eye of market observers, focus
Investors are taking notice of Robinhood after the company named AI expert Jeff Pinner as its new CTO. The news comes as the HOOD stock has been through some rough trading as of late, falling almost 20% in the last month. The statement caused the stock price to rise more
The announcement of a $1.6 billion investment in Bitcoin City in El Salvador has sparked renewed interest in cryptocurrency. Yilport Holdings, a Turkish firm, would put $1.6 billion into the Acajutla and La Union ports—the latter of which will house the Bitcoin City. Crypto enthusiasts have dubbed the port construction
Zug, Switzerland, 12th August 2024, Chainwire
The crypto universe is brimming with innumerable coins to choose from, yet titans like BlockDAG, Polkadot, and Jupiter consistently capture the spotlight. Polkadot is navigating a critical phase, with key levels under close watch amid market volatility. Meanwhile, Jupiter (JUP) has shown remarkable recovery. However, BlockDAG distinguishes itself with a
The second-biggest cryptocurrency exchange in the world by trading volume, Bybit, announced that it and Dubai Multi Commodities Centre (DMCC) have extended their strategic collaboration. Following a year of fruitful cooperation, Bybit is excited to announce that it has transitioned from a major ecosystem partner to an advisory role, therefore
