A crypto trader reportedly lost $60,000 in just two hours on Tuesday, after succumbing to FOMO (Fear of Missing Out) while trading a newly launched AI token, Miniperplx AI (MPLX). Details of the $60K Loss in the AI Token MPLX…
Story Highlights Cango Inc. now owns 933.8 BTC, showing strong trust in the cryptocurrency. Cango mined 569.9 BTC in December, a 56% increase from November’s output. Cango’s growing mining operations could signal a bullish shift for Bitcoin’s price trends. Bitcoin…
An exclusive report by the Financial Times on January 7 revealed that US Bitcoin miners, including Mara Holdings, Riot Platforms, and CleanSpark, have raised over $3.7 billion through zero or near-zero coupon convertible notes. The funds intend to bolster their…
Bitcoin’s (BTC) hashrate, the computational energy needed to mine a block in a proof-of-work blockchain, is on track to reach 1 zettahash per second before the next halving event in about 3.5 years, putting miners under pressure to secure cheap…
U.S. prosecutors have estimated that Do Kwon, co-founder of Terraform Labs, could have defrauded over 1M victims globally following the catastrophic collapse of the Terra ecosystem. This assertion emerged during a court session in New York City on January 6,…
The bitcoin miner holds 44,893 BTC on its balance sheet, it said in a production report. What to know: MARA Holdings is lending out 7,377 BTC, about 16% of its total holdings. December bitcoin product fell 2% from November to…