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Hut 8 Secures Power Deal to Open Data Centre in Texas

Hut 8, a well-known Bitcoin mining firm, has secured a deal to acquire 205 megawatts of power in West Texas, as well as the land needed to set up its data center. This move takes the miner’s energy capacity up to 1,300 megawatts. Hut 8’s power purchase agreement (PPA) with Texas will place it next to a wind farm. This deal will also have Hut 8 channel into a reliable power source, as the location is connected to the Electric Reliability Council of Texas (ERCOT), supplying 90% of Texas’ power...

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German Government Entity Transfers Another $362 Million in Bitcoin

The German Federal Criminal Office, or Bundeskriminalamt (BKA), moved another $362 million in bitcoin on July 9, leaving it with $1.3 billion worth of assets, which it will most likely liquidate until the last Satoshi. Arkham Intelligence brought attention to BKA’s wallet activity, posting on X, “TODAY: German Government selling up to 6306.9 BTC ($362.12M).” It added, “In the past 3 hours, the German Government has sent 6306.9 BTC ($362.12M) to Kraken, Cumberland, 139Po (likely institutional...

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Ethereum Hitting New Records: 47.36 Million ETH Stake in the ETH2 Beacon Deposit Contract

Ethereum 2.0 staking has seen significant growth, and a major milestone has been reached. As such, the deposit contract for staking Ethereum on the Beacon Chain reached an all-time high of 47.36 million ETH this week. Interestingly, this accounts for 33.9% of the entire Ethereum supply. ETH2 Staking Milestone According to the data shared by the crypto analytic platform Santiment, this is a dramatic increase from two years ago when it held only 10.9% of the supply, effectively...

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Die Wahrheit über Anonymität, Unzensierbarkeit und grenzenlose Transaktionen

Bitcoin wird oft als anonyme Kryptowährung gepriesen, die es ihren Nutzern ermöglicht, sich dem Zugriff staatlicher Institutionen zu entziehen und grenzenlose Transaktionen durchzuführen. Doch diese Vorstellung ist nicht ganz korrekt. Bitcoin ist pseudonymisiert, nicht anonym. Jede Transaktion wird in der öffentlichen Blockchain aufgezeichnet, und durch sorgfältige Analyse können diese Transaktionen oft bestimmten Personen oder Gruppen zugeordnet werden. Die wahre Stärke von...

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Digital Asset Products Record $441 Million in Inflows, US Spot Bitcoin ETFs See Close to $300 Million

Crypto prices have fallen across the board over the past month, pushing investors away and spurring large amounts of liquidations in the process. However, bitcoin’s price dropping to lows unwitnessed for months has led certain investors to take advantage of its discounted price and the prices of other cryptos, leading to $441 million flowing into crypto-related products. Bitcoin products saw $398 million in inflows, capturing 90% of the funds invested in crypto products. US spot BTC ETFs...

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