crypto
-
IREN, a leading player in the Bitcoin mining sector, has revealed a forward-thinking approach by integrating AI training directly within its data centers. The company, co-founded by Dan Roberts, recently secured a powerful partnership with Nvidia, leveraging their chips to train AI models while simultaneously running Bitcoin mining operations. This dual-function strategy allows IREN to…
-
Ripple co-founder Chris Larsen has donated $1 million in XRP cryptocurrency to support Vice President Kamala Harris’ 2024 presidential campaign. This donation, made through the Future Forward USA PAC, marks the first documented cryptocurrency contribution to Harris’ campaign. The PAC, which utilizes Coinbase Commerce to process cryptocurrency donations, automatically converts the contributions into stablecoin USDC…
-
Hackers stole 2.7 billion personal records, including Social Security numbers of almost all Americans, and leaked them online, posing a severe risk of identity theft and fraud. The breach was due to a third-party’s actions. The company is working with law enforcement to address the incident and advise affected individuals on protective measures.
-
China is rumored to reconsider its cryptocurrency ban by the fourth quarter of 2024. This potential policy shift could impact the global cryptocurrency market, driving innovation and trading volumes. Despite strict regulations, China’s underground crypto market has shown resilience. Recent developments in Hong Kong and economic pressures may drive a more nuanced approach.
-
As of October 2024, Ross Stores, Inc. ($ROST) has surpassed MicroStrategy ($MSTR) in market capitalization, showcasing the strength of the retail giant against the tech-focused company. Ross Stores, a major player in the retail space, now boasts a market cap of $49.01 billion, driven by its strong presence in the discount retail sector. The company’s…
-
Ethiopian Investment Holdings (EIH) has partnered with Hong Kong’s West Data Group’s Center Service PLC to venture into Bitcoin mining. The project aims to strengthen Ethiopia’s position in the global data center market, leveraging the country’s abundant energy resources. However, concerns exist over the impact on local energy supply and regulatory challenges. The initiative could…
-
Metered Mining, a prominent cryptocurrency mining hosting company, is expanding its facility capacity from 4MW to 8MW in Wisconsin, aiming to advance the scalability of Bitcoin mining for GPU and ASIC miners. Their tailored hosting solutions ensure efficiency and security at competitive prices, reflecting a commitment to leveraging cutting-edge technology and supporting cryptocurrency miners.
-
“Equipped with a sophisticated oil immersion cooling system, the BitAxe Ultra can operate at an impressive 1.2 TH/s when overclocked.”
-
Approximately 12% of Bitcoin is now held by major institutions, including ETFs, private and public companies, governments, and mining companies. This reflects growing institutional confidence.
-
Erik Finman’s early exposure to Bitcoin led to a lucrative investment at 12, resulting in him becoming a millionaire by 18. Despite skepticism, he won a bet with his parents, foregoing college. His early success funded Botangle, an educational platform. He continued to invest in projects like Metal Pay aimed at simplifying crypto transactions, focusing…
-
On August 15, 2024, Defiance ETFs introduced the first-ever leveraged ETF focused on MicroStrategy, known as the Defiance Daily Target 1.75X Long MSTR ETF (MSTX). This ETF is designed to offer investors 1.75 times the daily percentage change in MicroStrategy’s stock price. Given MicroStrategy’s substantial Bitcoin holdings, this ETF provides a unique opportunity for investors…
-
Apple’s iOS 18.1 opens the iPhone’s NFC chip to third-party developers, enabling secure Bitcoin payments. This update integrates open-source protocols into Apple’s ecosystem, allowing seamless #cryptocurrency transactions on iPhones.
