Core Scientific sees revenue surge in 1Q24 after emerging from bankruptcy
Bitcoin miner Core Scientific has posted $150 million in revenue from digital asset mining in the first quarter of 2024, boosting its gross margin to 46% from 26% in the previous year.
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Major Crypto Wallet Provider Blockchain.com Opens Office in Lithuania
Major crypto wallet provider Blockchain.com has opened its fifth office location, continuing its expansion into Europe, the company announced in a blog post on Feb. 19.According to Blockchain.com, the company considered several locations in Europe, choosing Vilnius, Lithuania. The firm said it found that the country was truly committed to innovation and the perfect place…
Amex CEO hints at exploring ways to allow credit card holders to redeem points for crypto
“We’re exploring other ways, potentially, to redeem your membership rewards points, but I don’t think you’re going to see an American Express card linked to cryptocurrency anytime soon," said Stephen Squeri. 241 Total views 13 Total shares American Express credit card holders may one day be able to redeem points for cryptocurrencies, but the company…
Price analysis 6/27: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX
Bitcoin’s (BTC) current bear market is one of the worst, according to a report by on-chain analytics firm Glassnode. This was the first time in history that the Mayer Multiple slipped below the previous cycle’s low. Bitcoin’s fall below $20,000 on June 18 also marked the biggest loss ever booked by investors in a single…
Acid, Bitcoin mining and a bad trip to North Korea
Ethan Lou is a journalist turned Bitcoin miner turned two-time author whose latest book, Once a Bitcoin Miner: Scandal and Turmoil in the Cryptocurrency Wild West, is a modern western recount a gloomy millennial’s rebirth in the wild west of crypto — complete with scammers, party drugs and a North Korean crypto conference.“Want to go…
Institutions are buying Bitcoin like it’s late 2020
The amount of Bitcoin available on derivatives exchanges hits its lowest since May 11, before the China miner rout took hold. 1560 Total views 110 Total shares Bitcoin (BTC) reserves on derivatives exchanges have dropped to levels last seen before the May price crash.Data from on-chain analytics service CryptoQuant confirmed that as of Aug. 10,…
What is The Graph, and how does it work?
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Coinsquare exchange adds new board members
The additions to the board follow the confirmation of a new CEO, CCO, and COO in August. 810 Total views 16 Total shares Coinsquare, a crypto exchange that has been under the scrutiny of Canadian regulators following allegations of wash trading, said it will be adding two new members to its board of directors.In a…
Singapore to introduce uniform screening standards for crypto bank accounts
Potential guidelines reportedly won’t have a binding force over banks, which can rely on their own risk assessment. 1031 Total views 10 Total shares Own this piece of history Collect this article as an NFTSingapore regulators are working with traditional banks to develop uniform standards for screening potential customers from the crypto industry. The collaboration…