Riot Platforms Invests $290M in Bitcoin Mining Hardware, Aims for 100 EH/s Hash Rate Capacity

Texas-based Bitcoin miner Riot Platforms has made a strategic investment of $290.5 million in hardware to ramp up its mining power ahead of the highly anticipated Bitcoin halving event. The company has acquired 66,560 units of BTC miners, representing 18 EH/s, from MicroBT, with options to acquire an additional 265,000 miners. This move aligns with […]

El Salvador’s Bitcoin Wallet Surges, Generates $3 Million in Profits

El Salvador’s Bitcoin wallet has defied expectations by not only recovering from previous losses but also experiencing significant gains. President Nayib Bukele has called out critics, urging them to retract their disparaging remarks and acknowledge the success of the nation’s crypto strategy. Bitcoin’s journey has been volatile, with its value initially rising before a decline […]

El Salvador’s Bitcoin Wallet Surges, Generates $3 Million in Profits

El Salvador’s Bitcoin wallet has defied expectations by not only recovering from previous losses but also experiencing significant gains. President Nayib Bukele has called out critics, urging them to retract their disparaging remarks and acknowledge the success of the nation’s crypto strategy. Bitcoin’s journey has been volatile, with its value initially rising before a decline […]

El Salvador’s Bitcoin Investment: President Bukele Claims Profit Despite Contradicting Data

El Salvador’s President, Nayib Bukele, claims that the country’s Bitcoin investment has turned profitable despite data showing losses. Bukele, who is currently on a six-month leave from office for his reelection campaign, stated that if they were to sell their Bitcoin holdings at the current market price, they would not only recover their investment but […]

El Salvador’s Bitcoin Investment: President Bukele Claims Profit Despite Contradicting Data

El Salvador’s President, Nayib Bukele, claims that the country’s Bitcoin investment has turned profitable despite data showing losses. Bukele, who is currently on a six-month leave from office for his reelection campaign, stated that if they were to sell their Bitcoin holdings at the current market price, they would not only recover their investment but […]

Jellyverse Revolutionizes DeFi with Integration of Real-World Assets

Jellyverse, a decentralized finance (DeFi) platform, is making waves in the industry by integrating real-world assets in a decentralized manner. With $2 million in funding, Jellyverse is leading the way in DeFi 3.0, offering advanced products such as JellySwap and JellyStake. The platform is governed by the community through JLY tokens.Jelly Labs AG and Fintonomy […]

Jellyverse Revolutionizes DeFi with Integration of Real-World Assets

Jellyverse, a decentralized finance (DeFi) platform, is making waves in the industry by integrating real-world assets in a decentralized manner. With $2 million in funding, Jellyverse is leading the way in DeFi 3.0, offering advanced products such as JellySwap and JellyStake. The platform is governed by the community through JLY tokens.Jelly Labs AG and Fintonomy […]

Umee and Osmosis to Merge, Creating a Powerful DeFi Hub for Cosmos Ecosystem

Cosmos-based networks Umee and Osmosis have announced their plans to merge through a software upgrade. This merger will involve reimplementing Umee’s UX Chain code on the Osmosis chain, creating a “DeFi Hub” for the Cosmos ecosystem. Umee is a decentralized lending protocol that operates on its own dedicated Cosmos chain, while Osmosis is a prominent […]

Umee and Osmosis to Merge, Creating a Powerful DeFi Hub for Cosmos Ecosystem

Cosmos-based networks Umee and Osmosis have announced their plans to merge through a software upgrade. This merger will involve reimplementing Umee’s UX Chain code on the Osmosis chain, creating a “DeFi Hub” for the Cosmos ecosystem. Umee is a decentralized lending protocol that operates on its own dedicated Cosmos chain, while Osmosis is a prominent […]

UK Treasury Committee Expresses Concerns Over Retail Digital Pound’s Potential Impact on Banks and Economy

The UK Treasury Committee is expressing concerns about the potential introduction of a retail Central Bank Digital Currency (CBDC), or digital pound, due to the risks it may pose to the economy. Lawmakers are worried that allowing people to quickly switch large amounts of bank deposits into digital pounds during market turmoil could lead to […]