Oman is making a big push into the world of digital currencies, with two major investments in crypto-mining operations. The government of Muscat has approved a $370 million crypto-mining farm managed by Exahertz International, and a $300 million partnership between Oman’s first certified crypto-mining firm, Green Data City, and the Phoenix Group based in Abu […]
Ben Armstrong, the influential figure behind BitBoy Crypto, has reportedly left the company, leaving the crypto community in speculation. According to a screenshot shared by Bitcoin author “Jason A. Williams on X, Armstrong’s exit from Hit Network/BJ Investment Holdings and all its subsidiary brands, including BitBoy Crypto and Around The Blockchain,” is effective immediately. Armstrong […]
Crypto analyst Inmortal has predicted that Bitcoin (BTC) is likely to experience a deep corrective move close to the $20,000 level before a parabolic rally above $50,000. Inmortal believes that Bitcoin is mirroring its price action in the latter months of 2019 when it broke below its support at around $10,000 and dipped all the […]
XRP Ledger (XRPL) is set to host the DeLux Network, a billion-dollar metaverse project. The team behind the project has made progress by sealing partnerships with projects based on the XRPL, such as Lux Lions, Aftermath Islands, and Primo Gardens Inc. On September 1, 2023, the Token’s Initial DEX Offering (IDO) will commence and will […]
Fenix International Limited, the parent company of the adult content subscription platform OnlyFans, has made a significant investment in Ethereum (ETH). The company’s financial statement for 2022 reveals a purchase of Ether worth $19.889 million. Despite the volatile nature of the crypto market, the purchased ETH had an impairment loss of $8.455 million, bringing the […]
An early investor of the meme-inspired crypto PEPE has sent shockwaves across the market with a stunning demonstration of crypto trading skills. When the market was at its highest, the investor sold the last one trillion tokens for a staggering 537 ETH, realizing a gain of 54,725x.The price of PEPE plunged by about 20% after […]
The Bone ShibaSwap (BONE) token has seen an impressive 11% surge over the last 24 hours, bucking the trend of the broader cryptocurrency market. This surge can be attributed to favorable developments within the Shiba Inu ecosystem, such as the revamp of the Shibarium testnet explorer, known as Puppyscan, and the gradual release of previously […]
Bitcoin network hash rate has recently reached a new peak of 414 exahashes per second (EH/s) on Aug. 18, according to Blockchain.com. This is a 54% increase from the beginning of 2023 and 80% over the past 12 months. However, Bitcoin mining revenue or “hash price” — a measure of dollars earned per TH/s per […]
A hacker successfully exploited a vulnerability in the code of various liquidity pools of Curve Finance, a prominent decentralized finance (DeFi) platform, resulting in the theft of $24 million worth of tokens. The breach originated from a bug in Vyper, a programming language for smart contracts written in Python, which had not been previously identified […]
Austrian Chancellor Karl Nehammer has recently proposed enshrining the right to use cash in the country’s constitution, a move that has sparked a heated debate. Nehammer believes that cash holds a deep-rooted significance for the citizens of Austria, representing tangible value, privacy, and sovereignty. This proposal has been met with both support and criticism, with […]
