Crypto news

Coinspeaker1inch Investment Fund Acquires $10M Worth of Ethereum The wallet holds a significant amount of ETH alongside other cryptocurrencies worth around $80 million in its portfolio. 1inch Investment Fund Acquires $10M Worth of Ethereum

While Bitcoin network fundamentals such as hash rate and difficulty have reached peaks, the same cannot be said for its hash price. The world’s largest crypto’s price has failed to recover, and miners are facing the brunt of it yet again. Bitcoin hash price – which can be described as the revenue generated by miners on a per tera-hash basis – has declined to levels not seen since the dramatic implosion of FTX in November 2022. Bitcoin Miner Revenue Declines Data from...

A new report issued by financial powerhouse JPMorgan says the next bitcoin halving – which is presently scheduled to occur in 2024 – could make the playing field very difficult for crypto miners. JPMorgan on the Next Bitcoin Halving The bitcoin halving tends to occur every four years. Each time it happens, two things take place. One, the leadup causes the bitcoin price to shoot higher like nobody’s business. Traders are super happy as they are now witnessing great...

CoinspeakerOrbs Partners with Axelar to Introduce Its Tokens on Arbitrium Ecosystem At the heart of this transformation lies Axelar’s innovative Satellite Bridge, a technology that simplifies the transfer of assets between different blockchain networks. Orbs Partners with Axelar to Introduce Its Tokens on Arbitrium Ecosystem

CoinspeakerRobinhood Emerges as Third-Largest Bitcoin Holder with $3B in BTC The emergence of Robinhood as a key BTC holder signifies a potential shift in the digital asset ownership landscape. Robinhood Emerges as Third-Largest Bitcoin Holder with $3B in BTC

CoinspeakerFriend.tech Suffers Decline after Meteoric Growth Transactions on Friend.tech fell by over 90% from its peak on August 21. Friend.tech Suffers Decline after Meteoric Growth

CoinspeakerOKX and Bybit Remove 2 Russian Banks from Payments List, Here’s Why The spotlight recently came on sanctioned Russian banks after they were spotted as payment options on some top crypto exchanges. OKX and Bybit Remove 2 Russian Banks from Payments List, Here’s Why

CoinspeakerBalancer Loses $900,000 to Security Vulnerability Despite Prior Warning The attacker managed to transfer Dai stablecoins twice. The initial transfer was $636,812, followed by a subsequent transfer of $257,527, aggregating to a total stolen amount of around $900,000. Balancer Loses $900,000 to Security Vulnerability Despite Prior Warning

CoinspeakerBYD Electronics Expands with $2.2B Acquisition of Jabil’s Mobility Business The company said the acquisition is expected to enhance its market share and foster synergy with its existing products, ultimately boosting its overall competitiveness. BYD Electronics Expands with $2.2B Acquisition of Jabil’s Mobility Business

CoinspeakerOman Makes Big Investments in Bitcoin Mining Operations, But Is It Sharia Compliant? Oman disclosed a partnership of $300 million with Abu Dhabi's Phoenix Group to establish a 150-megawatt crypto mining facility in collaboration with Green Data City. Oman Makes Big Investments in Bitcoin Mining Operations, But Is It Sharia Compliant?