CleanSpark, the third-largest public Bitcoin mining firm in the U.S., is set to establish its own trading desk in 2024, aiming to optimize the profitability of its substantial Bitcoin assets.

Bitcoin mining firm CleanSpark to launch in-house crypto trading

In an interview with Bloomberg, Zachary Bradford, the CEO of CleanSpark, expressed the strategic decision to manage their Bitcoin transactions internally. Given their considerable Bitcoin h...

8 months ago

GainBitcoin Collected Hundreds of Thousands Bitcoins

Another Man Arrested in India’s Multi-Billion GainBitcoin Ponzi Scam as Investigation Intensifies

India’s probe agency, the Directorate of Enforcement (ED), has arrested Nitin Gaur, the brother-in-law of Ajay Bhardwaj, in connection with the multi-billion-dollar GainBitcoin Ponzi scam....

8 months ago

Radiant Capital Reports Exploit of $4.5 Million Ethereum Loss

Radiant Capital has confirmed a security breach in its network, leading to the theft of Ethereum valued at approximately $4.5 million. According to the blockchain security co...

8 months ago

Jamie Dimon's bank agreed to play a key role with BlackRock's proposed bitcoin ETF, just weeks after he told U.S. senators: "I've always been deeply opposed to crypto, bitcoin, etc."

JPMorgan CEO's Bitcoin Bashing Is a 'Do as I Say, Not as I Do' Situation

JPMorgan Chase CEO Jamie Dimon has dumped on cryptocurrencies for years. "I've always been deeply opposed to crypto, bitcoin, etc.," he said during a U.S. Senat...

8 months ago

Futures tracking the lesser-known token saw $68 million evaporate in leveraged bets in a 24-hour period.

Wild Trading Session Sees Tellor’s TRB Token Slide From $720 to $180 in Hours

A relatively illiquid market and likely overleveraged trading positions pushed Tellor’s TRB token prices up over 250% in 24 hours on Saturday, only for the cryptocurrency to tumble and fal...

8 months ago

Orbit Chain Hacker Swaps

Orbit Chain Hacker Swaps Stolen USDT for ETH, Rakes in $1.45 Million Profits

The attackers behind the recent Orbit Chain exploit successfully converted their ill-gotten gains into Ethereum (ETH), amassing an additional $1.45 million in unrealized profits amidst a 4.7% su...

8 months ago

Cold Storage Can Allow Movement of Funds Wihtout Oversight

China Raises Alarm Over Corrupt Officials Exploiting Cold Storage Cryptocurrency for Illicit Cross-Border Transactions

Official Chinese media sources have raised concerns regarding the exploitation of cryptocurrencies by corrupt officials for illicit activities.  The use of cold storage methods fo...

8 months ago

TRB’s interesting dynamics

Tellor (TRB) skyrockets to all-time highs amid calculated actions by the Whales

In a significant development in the crypto industry, Tellor (TRB) has surged to an all-time high price of above $240. Meanwhile, the strategic investments by whales continue to draw intense scru...

8 months ago

SBI Holdings, a prominent Japanese financial services firm and partner of Ripple, has revealed a partnership with TradeFinex, a company based in the UAE specializing in the XDC Network.

Ripple Partner SBI Launches Joint Venture SBI XDC Network APAC with TradeFinex

Together, they’ve established SBI XDC Network APAC Co., a collaborative initiative with the goal of advancing the utilization of XDC Network’s blockchain technology across ...

8 months ago

US District Judge Jed Saul Rakoff said on Thursday, Terraform Labs CEO and founder Do Kwon violated the US securities law by failing to register UST and LUNA as securities.

Terraform Labs CEO Do Kwon Violated US Securities Law, Says Judge

Rakoff, a judge at the US District Court Southern District of New York, agreed with the the Securities and Exchange Commission (SEC) that Terraform Labs offered and sold unregistered securi...

8 months ago