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Bitcoin price may be closer to the big milestone $100,000 mark than many realize as a looming banking crisis could see BTC become the new "safe haven asset."

63 US banks on the brink of insolvency: Why Bitcoin's next target is $100K

Bitcoin could be on track to the psychological $100,000 mark as the "digital gold" narrative gains more prominence as another banking crisis looms in the United States. ...

3 months ago

To keep up with the declining Bitcoin rewards, Riot Platforms opened a new mining facility near Corsicana, Texas.

Bitcoin halving impacts miner Riot’s revenue by 43% despite new facility

Bitcoin miner Riot Platforms produced 215 BTC in May, a 43% decrease from last month. The decrease in mining revenue is a direct impact of the April 20 Bitcoin halving o...

3 months ago

As the FATF introduced new challenges for crypto businesses, industry leaders share insights for potential solutions.

How the crypto industry can comply with the Travel Rule

The debate surrounding the implementation of the Financial Action Task Force’s (FATF) Travel Rule within the crypto sector has highlighted several critical issues. Officially named FATF Re...

3 months ago

As part of the fundraising, M^0 has deployed its core protocol and on-chain governance mechanism on the Ethereum mainnet.

M^0 secures $35M Series A round for stablecoin issuance network

Decentralized infrastructure provider M^0 has secured $35 million in a Series A round for its stablecoin issuance platform. Bain Capital Crypto led the funding with existing inve...

3 months ago

Solana could emerge as a leading blockchain for payment institutions. Is a Solana-based ETF next?

Solana emerges as an institutional favorite following PayPal USD launch

Solana, the fourth-largest blockchain in terms of total value locked (TVL), is becoming a leading network in institutional adoption. Increasingly more financial institutions will be in...

3 months ago

The account was allegedly breached through the Google Chrome extension Aggr, which saves cookie login information.

Binance co-founder denies responsibility for $1M trading loss in hacked account

Yi He, co-founder of crypto exchange Binance, has dismissed claims that a platform security breach led to the loss of $1 million in crypto from a single user account. The Binance co-founder ...

3 months ago

It follows a public letter from ZK researchers and top industry experts slamming the firm for “oppressive behavior.”

Matter Labs drops ZK trademark applications after industry backlash

Matter Labs, the team behind Ethereum layer-2 scaling solution zkSync, has dropped all attempts to obtain intellectual property rights to trademark the term “ZK” — short for &l...

3 months ago

The ECB is widely anticipated to implement a 0.25% rate cut, following seven consecutive months of easing inflation across the eurozone.

Why Bitcoin may be boosted by a European Central Bank rate cut

Bitcoin inflows could see an increase this week following a key monetary policy decision in the European Union. The European Central Bank (ECB) is expected to cut interest rates by 0.2...

3 months ago

NFT sales dropped from $1 billion in April to $624 million in May, with Bitcoin, Ethereum, and Solana-based digital collectibles significantly declining.

NFT sales volume tumbles 54% in May: CryptoSlam

Blockchain-based digital collectibles experienced a slowdown in May despite showing an uptick in April 2024, according to data tracker CryptoSlam. On May 31, the nonfungible token (NFT...

3 months ago

Launched in late 2024, Ocean Mining has now established an international hub and headquarters in El Salvador’s capital city, San Salvador.

Jack Dorsey-backed Bitcoin mining pool opens headquarters in El Salvador

Ocean Mining, a Bitcoin mining pool backed by Twitter (now X) co-founder Jack Dorsey, is opening a hub in BTC-friendly El Salvador to establish a global presence. On May 29, Ocean...

3 months ago