Memecoin generator platform Pump.fun is now facing a second class-action lawsuit, alleging that it violated U.S. securities laws. The plaintiff claimed that Pump.fun sold unregistered securities disguised as meme tokens. **LAWSUIT ALERT** Burwick Law and @WolfPopperLLP have filed a second…
Jan 30, 2025, 9:18 p.m. UTC After an ugly start to the week that saw its price fall below $98,000, bitcoin (BTC) had managed its way back above $106,000 and within view of its record high of $109,000 The rally reversed…
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…
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…
Updated Jan 30, 2025, 7:25 p.m. UTCPublished Jan 30, 2025, 12:00 p.m. UTC Institution-focused digital asset technology and trading firm BlockFills is collaborating with CoinDesk Indices to launch options tied to the CoinDesk 20 Index (CD20). The CoinDesk 20 Index, which debuted…
Petrobras is interested in bitcoin mining as a complementary activity. Marcelo Curi, a blockchain and crypto architect at Petrobras, has stated that the company is researching this and other Web3 applications to reduce carbon emissions. Bitcoin mining is starting to…
Elliott Management has reportedly cautioned that the Trump administration’s push for pro-crypto policies is fueling a speculative frenzy that could cause “havoc” when prices eventually drop. On Thursday, the Financial Times reported that the hedge fund criticized the US government…
Bitcoin miner Argo Blockchain announced a CEO departure and interim leadership changes. Argo Blockchain, the British dual-listed Bitcoin (BTC) mining company, has revealed that CEO Thomas Chippas will step down from his role and board position, effective Feb. 28. CFO…
Overheating crypto mining rigs have caused another major fire in South Korea, emergency services in North Jeolla Province have claimed. Per the news agency Yonhap, the incident took place in the city of Muju. Fire service Officers say the fire…
Updated Jan 30, 2025, 11:52 a.m. UTCPublished Jan 30, 2025, 9:54 a.m. UTC Ether (ETH), the second-largest cryptocurrency, has fallen out of favor relative to bitcoin (BTC), returning the worst bull-cycle performance against its larger rival since the Ethereum blockchain’s inception in…