Bitcoin’s brief rally to $100K triggers record 5.4K BTC monthly outflow

The bear market is affecting all segments of the crypto industry, including Bitcoin miners, which have seen their revenues decline sharply this year. 492 Total views 3 Total shares On Tuesday, Bitcoin (BTC) mining company Mawson Infrastructure Group said that it was suspending major capital expenditures until market conditions normalize. In addition, the firm is…

The central banks of Singapore and Canada have successfully used their blockchain networks to send each other digital currency, a joint press release confirmed on May 2.As part of the distributed ledger technology (DLT) projects being pursued by both banks, the Monetary Authority of Singapore (BAS) sent funds to the Bank of Canada (BoC) without…

François Villeroy de Galhau tried to soft sell the proposed euro CBDC to commercial bankers, emphasizing collaboration and the CBDC’s advantages. 118 Total views 1 Total shares The digital euro holds something in store for every stakeholder, Governor of the Banque de France François Villeroy de Galhau told commercial bankers on June 22. Disintermediation is…

Key takeaways Web3 fundraising has evolved; investors now demand strong business models, clear tokenomics and market validation. Remember, smart money matters; beyond funding, strategic investors can provide mentorship and industry connections. Multiple funding options are available — VCs, angel investors, grants, ICOs and crowdfunding each have their advantages. You must know when to pivot —

The Giving Block matched more than $68,000 in crypto and fiat donations to raise more than $136,000 for a project aimed at assisting efforts following the fires in Maui. 78 Total views 2 Total shares Relief efforts are still underway on the Hawaiian island of Maui following a series of wildfires severely damaging major areas

Bitcoin (BTC) miners had made almost $15 billion securing the network as of the middle of this month.Bitcoin network pays out $15BData from monitoring and statistics resource Coin Metrics released on Oct. 15 noted that since Bitcoin’s birth in 2009, miners had received combined revenue of just under $15 billion. Known as the thermocap, the figure…

Ripple Labs’ victory in the case against the United States Securities and Exchange Commission gives a significant boost to the crypto industry. In addition to benefitting Ripple and XRP (XRP), analysts believe that the ruling will weaken the regulator’s case against Binance and Coinbase.In another positive event for the crypto space, the U.S. Dollar Index…