Tether posts $2.5B in Q3 profits, with 2024 earnings reaching $7.7B

The race for central-bank digital currencies has been on for some time now, and since the development of the digital yuan may have been postponed due to the coronavirus pandemic, other countries could beat China to the punch.Almost exactly one year ago, the Eastern Caribbean Central Bank and Bitt Inc. — a financial-technology company based…

What are AI bots? AI bots are self-learning software that automates and continuously refines crypto cyberattacks, making them more dangerous than traditional hacking methods. At the heart of today’s AI-driven cybercrime are AI bots — self-learning software programs designed to process vast amounts of data, make independent decisions, and execute complex tasks without human intervention.

Blackouts for safety inspections in China’s Xinjiang region have significantly impacted the hash rate of many top Chinese Bitcoin mining pools. 5318 Total views 20 Total shares The hashing power of top Bitcoin mining pools located in Northwest China appears to have plummeted due to a regional blackout to enable safety inspections.The news was reported…

Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link.Top Stories This WeekElon Musk Impersonators Flood Twitter With Fake Crypto GiveawaysAlthough impersonators…

The multi-stage program will start with $27M tokens allocated for the Aave and Curve protocols, with additional incentives reserved for Avalanche native projects. 1338 Total views 63 Total shares Smart contract platform Avalanche has announced a $180 million liquidity mining incentive program, named Avalanche Rush. The program aims to encourage more applications and tokens to…

Mainstream crypto trading interest has been on the rise since fall 2019. 634 Total views 7 Total shares Cryptocurrency has seen a rise in mainstream attention starting last fall — before COVID-19 measures took off, according Floating Point Group, or FPG, an algorithmic trading technology startup conceived at MIT."An increasing portion of our inbound prospects are…

Bitcoin (BTC) has been trading between $25,333 and $26,156 since Sept. 1. Typically, a volatility squeeze is followed by an expansion in volatility, but it is difficult to predict the direction of the breakout with certainty.CoinGlass data shows that Bitcoin has fallen for six consecutive years in September. This historic data could keep the bulls

For years, cryptocurrency advocates have touted the world-changing capability of digital currency and blockchain technology. Yet with the passing of each market cycle, new projects come and go, and the promised utility of these “real-world use case” projects fails to satisfy.While a majority of tokens promise to solve real-world problems, only a few achieve this,…