Seven members of a UK gang have been sentenced to lengthy prison terms for kidnapping, torturing, and extorting a cryptocurrency investor. The group targeted their victim over several months, forcing him to transfer approximately £100,000 ($124,152) in crypto before law…
Bitcoin mining difficulty has recorded its first decline in four months, marking the end of a streak that saw it rise eight consecutive times. According to data from Cloverpool, the mining difficulty fell 2.12% in its latest adjustment on January…
The cryptocurrency market was bullish in 2024. Bitcoin, the leading cryptocurrency by market cap, added over 140% to its value last year, outperforming other major assets, including Gold (26%) and S&P 500 (23%). Last year’s rally saw Bitcoin break past…
The U.S. has added Sophgo Technologies, the AI chip firm owned by Bitmain co-founder Zhan Ketuan, to its trade blacklist. The U.S. has blacklisted Sophgo Technologies, the AI chip company founded by Bitmain co-founder Zhan Ketuan, over concerns its chips…
Bitwise’s exchange-traded fund (ETF) tracking Bitcoin and Ether, has received initial approval from the US Securities and Exchange Commission (SEC). The “accelerated approval” grants NYSE Arca to list and trade shares of the hybrid fund. On November 2024, the New…
Bitcoin (BTC) miners Bitdeer Technologies (BTDR), CleanSpark (CLSK) and Core Scientific (CORZ) were initiated with an outperform rating by KBW, the investment bank said in a report Monday. The three bitcoin mining companies offer varying degrees of exposure to the…
Key takeaway Dogizen is an exciting project that prides itself as the first Telegram ICO. Telegram has become a widely used app for several crypto developers in recent years, thanks to the billions of users on the platform. It is…
The publicly listed miner from Wall Street, Argo Blockchain (LSE: ARB, NASDAQ: ARBK) has secured a hosting arrangement with Merkle Standard LLC for its mining equipment in Memphis, Tennessee, while allocating additional units to its Quebec facility. Wall Street Bitcoin…
Rosseti, Russia’s largest power grid operator, is exploring crypto mining operations at its underutilized power centers and aims to become a coordinator for mining infrastructure deployment across the country, according to state news agency TASS. “The Rosseti Group is the…
The total reported hash rate of public miners reached 318.09 EH/s at the end of 2024, accounting for over 35% of Bitcoin’s total hash rate – a significant jump from 21% in 2023. IREN, CLSK, RIOT, and MARA achieved more…