News
BTC mining stocks double in a month as production ramps
While Bitcoin and Ethereum prices may have climbed lately, Bitcoin mining companies have been absolutely pumping. Crypto mining companies have seen their stock prices increase as much as 120% over the last month, amid rebounding crypto asset prices, higher mining...
88% of Nomad Bridge exploiters were ‘copycats’ — Report
Copycats used the same code as the original hackers but modified the target token, token amount, and recipient addresses. Close to 90% of addresses taking part in the $186 million Nomad Bridge hack last week have been identified as “copycats,” making off with a total...
Tether also confirms its throwing weight behind the post-Merge Ethereum
We believe that a smooth transition is essential for the long-term health of the DeFi ecosystem and its platforms, including those using our tokens,” Tether stated. Hot on the heels of an official announcement from USD Coin (USDC) issuer Circle Pay, stablecoin giant...
Institutions flocking to Ethereum for 7 straight weeks as Merge nears: Report
"Greater clarity" around the Merge has driven institutional inflows into Ethereum products, according to a CoinShares report. Institutional investors are piling into Ether-based digital asset funds, which have recorded seven straight weeks of positive inflows,...
60 million NFTs could be minted in a single transaction: StarkWare founder
The StarkWare founder announced the launch of its new Recursive validity proof technology on Aug. 7 in Seoul. Zero-knowledge (ZK) rollup tech company StarkWare founder Eli Ben-Sasson says its new Recursive validity proofs could theoretically roll up as many as 60...
Crypto VC funding hits $30.3B in H1, Michael Saylor steps down as MicroStrategy CEO, and Voyager to return $270M worth of customer assets: Hodler’s Digest, July 31-Aug 6
Coming every Saturday, Hodlers Digest will help you 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...
Core Scientific increased Bitcoin production by 10% in July amid Texas power cuts
The mining firm reported it “completely powered-down its Texas data center operations on several occasions” in July to support the state's power grid operator. Crypto mining firm Core Scientific reported its operations produced 1,221 Bitcoin (BTC) in July even as the...
Crypto fundraising already outpacing all of 2021: Report
The Messari report noted that more than $30 billion was raised from 1199 funding rounds in the first half of 2022. Despite the ongoing market slump, the crypto sector has already raised $30.3 billion in funds, outpacing an entire year of fundraising in 2021, a new...
Bitcoin may behave more like US Treasury bonds: Bloomberg Intelligence
Bitcoin markets will behave more like that of Treasury bonds and gold during market recovery, said the analysts. The latest crypto market research from Bloomberg Intelligence suggests that Bitcoin may start to behave more like United States (U.S.) Treasury bonds and...
Contagion only hit firms with ‘poor balance sheet management’ — Kraken Aus boss
The crypto contagion only hurt entities that poorly managed their treasuries, but didn't affect the underlying blockchain technology, he said. The crypto contagion sparked by Terra’s infamous implosion this year only spread to companies and protocols with “poor...