Bitcoin miner Riot Platforms reports record $211M Q1 net income
Riot’s net income was boosted by a 131% year-on-year increase in Bitcoin’s price despite the cryptocurrency becoming more difficult and expensive to mine.
Related Posts


Why is Cardano price down today?
Diminishing user activity and stiff overhead resistance are driving Cardano’s prices lower today, with bears focused on driving ADA lower toward $0.80.

Memecoin launcher pump.fun claims ex-employee behind $1.9M exploit
Pump.fun said its smart contracts are safe and impacted users will receive “100% of the liquidity” that it previously had within the next 24 hours.

Yuga Labs says SEC has dropped its investigation into the NFT firm
Yuga Labs said the SEC has dropped its probe into the NFT conglomerate, which the agency first launched in late 2022. Non-fungible token (NFT) conglomerate Yuga Labs says the US Securities and Exchange Commission has closed its investigation into the company. “After 3+ years, the SEC has officially closed its investigation into Yuga Labs,” the

Is crypto approaching its ‘Netscape moment?’
This year marks the 30th anniversary of the first web page on the World Wide Web, which means a person has to be nearly half a century old to clearly remember the patchwork progress, the false starts and stops, and the trial and error that eventually gave us what is now the defining foundation of…

Binance Hackers Bombard Chipmixer to Launder at Least 4,836 BTC
At least 4,836 Bitcoin (BTC) of stolen from Binance exchange in May 2019 was laundered through crypto mixing service Chipmixer.Attackers started laundering the stolen funds in a month after the hackFollowing a major Binance’s security breach that resulted in a loss of 7,000 BTC (more than $80 million at press time), hackers started to launder…

Vitalik Buterin impersonators ramp up ETH phishing ahead of The Merge
Cointelegraph identified over six Twitter accounts with a “verified” mark that replicates Buterin’s profile picture, name and profile description. 559 Total views 25 Total shares The hype around The Merge has attracted a swarm of scammers that are actively using verified Twitter accounts to impersonate Ethereum co-founder Vitalik Buterin and dupe investors.Prominent entrepreneurs, including one…

Overstock’s tZERO Closes Its Security Token Offering Tonight
tZERO, a blockchain subsidiary of e-commerce retail giant Overstock, announced today Aug. 6 that its Security Token Offering (STO) will comes to an end Monday night, with no further extensions. tZERO said that its STO will close at 11:59 PM EDT, whereas investors with fully executed Simple Agreements of Future Equity (SAFEs) have to remit…

CFTC eyeing Polymarket, betting platforms amid US elections: Law Decoded
Polymarket and other offshore platforms are under CFTC scrutiny for compliance, and the SEC and German authorities are ramping up crypto crackdowns.