Author: bitcrypto.io
Bitcoin mining stocks rallied on June 12 after US presidential candidate Donald Trump said he wants all unmined BTC to be made in the USA. TeraWulf (WULF) and Hut 8 Mining (HUT) recorded the biggest gains among the top 10 largest BTC mining firms by market cap. Both WULF and HUT soared over 10%, according to data from Google Finance. The remaining top 5 performers for the day were Core Scientific (CORZ), Iris Energy (IREN) and Cipher Mining (CIFR). CORZ and IREN rose over 9%, while CIFR climbed more than 8%. Marathon Digital Lags Behind Other Bitcoin Mining Stocks Industry…
A new multichain Play-to-Earn (P2E) meme coin called PlayDoge ($PLAY) has raised over $4 million after only two weeks of its presale. The news comes just two days after the team added Ethereum staking, alongside its original staking option on PlayDoge’s home base BNB Chain. The latter blockchain is still considered the project’s primary kennel, as it powers the eponymous upcoming 8-bit P2E game. PlayDoge is a retro game starring the iconic Doge meme, which has inspired six of today’s 10 biggest meme coins by market capitalization. Doge is now the central character in a remake Tamagotchi game from the…
Nearly $19 billion worth of digital assets have been lost to exploits in the past 13 years, with $2.9 billion stolen in the largest single crypto theft. Crypto hacks soar to $19 billion in 13 years The cryptocurrency industry suffered 785 reported hacks and exploits in the past 13 years. According to a Crystal Intelligence report, nearly $19 billion worth of digital assets were stolen in the 13 years since June 19, 2011, when the first known crypto hack was reported. The largest single crypto theft case remains the 2019 Plus Token fraud when attackers netted $2.9 billion worth of…
Tesla CEO Elon Musk has secured enough shareholder votes to have his 2018 stock option compensation package approved. Shareholders also approved the company’s decision to re-incorporate Tesla in Texas, moving it away from the state where Musk’s pay package was struck down Shareholders present at the company’s annual meeting Thursday, held at Tesla’s Texas gigafactory, cheered and gave a standing ovation when general counsel Brandon Ehrhart announced the results of the vote. The margin of victory was not immediately clear. “I just want to start off by saying: Hot damn, I love you guys,” Musk said as he leapt around…
Meta has confirmed that it will pause plans to start training its AI systems using data from its users in the European Union and U.K. The move follows pushback from the Irish Data Protection Commission (DPC), Meta’s lead regulator in the EU, which is acting on behalf of several data protection authorities across the bloc. The U.K.’s Information Commissioner’s Office (ICO) also requested that Meta pause its plans until it could satisfy concerns it had raised. “The DPC welcomes the decision by Meta to pause its plans to train its large language model using public content shared by adults on…
According to data presented by AltIndex.com, the global metaverse education market is expected to grow tenfold and reach a value of $25 billion by the end of a decade. Digital technologies have completely transformed education over the past two decades, but the metaverse has taken it to a new level. Although the use of metaverse in learning is still in its early stages, the entire market is set to witness remarkable growth in the following years. Entire Market to Grow by a CAGR of 46% Metaverse has given a whole new perspective on education, providing a limitless experience for teachers,…
Quick Overview Orderly Network, symbolically represented as ORDER, has been making waves in the infrastructure sector of the blockchain universe. This dynamic network, poised to revolutionise decentralised finance, invites the curious to explore further on its website, and engage with its updates on popular social media platforms like Dropstab and Twitter. A Grand Event on the Horizon The buzz around Orderly Network is palpable, with the highly anticipated Token Generation Event (TGE) and distribution slated for June 27, 2024, at 13:10. Moreover, this upcoming token launch promises to be a milestone for the network, cementing its place in the blockchain…
Bloomberg ETF analyst Eric Balchunas says his “best guess as of now” is that spot Ether ETFs will begin trading in the United States before July 2. Spot Ethereum exchange-traded funds (ETF) could potentially begin trading by July 2, according to Bloomberg ETF analyst Eric Balchunas. “We are moving up our over/under date for the launch of spot Ether ETF to July 2nd,” Balchunas wrote in a June 15 post on X, noting that the United States Securities and Exchange Commission (SEC) staff comments on the ETF applicants S-1 applications were “pretty light, nothing major,” and asked for them back…
Hamster Kombat, the hottest crypto game with over 100 million players, has confirmed plans for its token launch in July. With the token launch, the game also announced the first task for its upcoming airdrop campaign at weekend. Quick Take Upcoming Hamster Token Launch The Hamster Kombat team recently announced that the token launch on The Open Network (TON) is targeted for July. The community will receive Hamster token airdrops to celebrate the listing on markets based on their on-chain activity, and users can determine their eligibility for the HMSTR supply pool. Hamster Kombat is currently engaging with its community…
Things in the crypto world are looking up. After a brutal crypto winter, many cryptocurrencies are at or near all-time highs and the future is finally looking bright once again. Yet it’s likely going to get a whole lot brighter for one key reason — central banks around the world are beginning to cut interest rates. The two might seem unrelated, but the ties between central bank actions and crypto market behaviors run deep. For investors, this presents a compelling opportunity. A fresh wave of liquidity could soon be injected into the market, potentially setting the stage for a major…
