Bitcoin miner Rhodium files for bankruptcy in Texas court
Rhodium’s debts range between $50 million and $100 million, while its total assets are estimated between $100 million and $500 million.
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Why did Terra LUNA and UST crash? | Find out on The Market Report
On this week’s special episode of “The Market Report,” Cointelegraph’s resident experts discuss the Terra ecosystem meltdown. 2485 Total views 9 Total shares Cryptocurrency investors never thought they’d have to ask whether TerraUSD (UST) or LUNA would reach $1 first. On Wednesday, that question became the talk of the cryptosphere as the Terra ecosystem imploded. As…

Is Solana following Ethereum? SOL price continues slump vs. Bitcoin
Solana needs to hold above the crucial $120 support to avoid a potential correction below $100, according to market analysts.

Crypto Platform Launches Smart Trading Feature to Speed Up Process of Buying and Selling
A crypto platform has unveiled a new Smart Trading feature that enables existing strategies to be executed with ease — cutting down the steps required to complete a trade so that users can react faster to ever-changing markets.Through Kryll, crypto enthusiasts can easily choose the exchange they wish to use for buying or selling cryptocurrency,…

A multichain approach is the future of the blockchain industry
The blockchain industry market size was estimated by some to reach more than $21 billion by 2025. The market capitalization of the cryptocurrency market as a whole already reaches over $1.9 trillion. An ecosystem that was once defined by its tight-knit community and exclusivity now reaches governments, businesses, institutional investors and individuals who are all…

Binance develops ‘antidote’ to address poisoning scams after $68M exploit
Binance’s new algorithm has already helped detect over 13.4 million spoofed blockchain addresses on BNB and over 1.68 million on Ethereum.

Coinbase Accidentally Saves Unencrypted Passwords of 3,420 Customers
Major crypto platform Coinbase has emailed 3,420 Coinbase customers to disclose an accident with customer registration. Some registration details were apparently stored in clear text on the logs of Coinbase’s internal server, with affected customers now required to change their passwords.Coinbase announced the news in an official blog post on Aug. 16. According to the…

GameStop wipes out $3B in market cap as stockholders question Bitcoin plan
GameStop shed nearly $3 billion in market capitalization on March 27 as investors second-guessed the videogame retailer’s plans to stockpile Bitcoin (BTC), according to data from Google Finance. On March 26, GameStop tipped plans to use proceeds from a $1.3 billion convertible debt offering to buy Bitcoin — an increasingly popular strategy for public companies

Bitcoin’s average acquisition cost hit $40.9K record high in 2024
Some of the industry’s leading innovators, including Adam Back, say that Bitcoin’s “floor price” is above $40,000.