TeraWulf to raise $350M in convertible notes for share repurchase

Comments from institutional investors and amendments to the spot Bitcoin ETF applications could be behind the recent improvement in investor sentiment. 402 Total views 2 Total shares Bitcoin (BTC) price continues to show strength this week by hitting an intra-day high at $28,516 even as macroeconomic headwinds in the United States continue to weigh on

The U.S. bond yields have softened and this has ignited investor's appetite for risk-on assets. After a negative closing last week, the S&P 500 has started the current week on a positive note. Thi bullish sentiment has also rubbed on to the crypto sector, which is surging higher, led by Bitcoin (BTC). After Tesla and Mastercard’s foray…

This year will go down in infamy as one of the worst in living memory, but Wall Street veteran Jenny Q Ta says there’s been at least one bright spot — 2020 has marked a big shift in attitudes towards cryptocurrency from the Wall St. participants who once eyed the asset class with distrust.The year…

Former FTX executives Nishad Singh and Gary Wang, who both testified at Sam Bankman-Fried’s criminal trial, are scheduled to be sentenced later this year.

PeckShield reports that $2.27 million of NFTs were stolen in June, recording the lowest monthly figure for stolen NFTs in 2023. A new report from blockchain security firm PeckShield found that half of stolen nonfungible tokens (NFTs) get sold within 160 minutes on various NFT marketplaces like Blur and OpenSea. On July 3, PeckShield highlighted several data…

New data suggests the total USD value locked in DeFi protocols is overestimated by roughly $2.83 billion. The total USD value locked in decentralized finance (DeFi) protocols recently surpassed the $6 billion mark according to onchain data resource, DeFi Pulse.Currently, the figure rests at $6.32 billion, after rising nearly six-fold since it reached the $1…

Tyler and Cameron Winklevoss, bitcoin (BTC) bulls and founders of the Gemini crypto exchange, have seen their fortune more than double to hit a combined $1.45 billion following the fresh crypto market surge. Bloomberg reported the news on June 27.As early investors in bitcoin, the twins' wealth now stands at its highest since March 2018…

"I have nothing to do with the platform," said Lee Hsien Loong. "It is misleading and done without my permission." 951 Total views 11 Total shares Lee Hsien Loong, Prime Minister of Singapore, claims someone set up a profile on the social token platform BitClout to sell tokens using the information from his Twitter account. In…

Artificial intelligence could deliver a fatal blow to the dream of Web3.