Cost of Producing Bitcoin Dropped to around $13,000, says JPMorgan
The cost of producing Bitcoin has gone negative as it dropped from about $24,000 at the start of June to around $13,000 now, according to JPMorgan Chase & Co. Bloomberg…
The cost of producing Bitcoin has gone negative as it dropped from about $24,000 at the start of June to around $13,000 now, according to JPMorgan Chase & Co. Bloomberg…
Celo, a mobile phone-focused blockchain platform, launched the Celo Web3 Africa Fund to support 250 projects in developing African blockchain-based projects. The fund will select 250 projects, and in addition…
Cryptocurrency investment firm Multicoin Capital has announced the launch of $430 million Venture Fund III to help startups focusing on decentralized autonomous organizations (DAOs), open finance, and Web3 infrastructure. In…
Digital currencies, public stocks and venture capital backing crypto startups have finally cooled down after massive growth due to the effects of an economic storm, according to Bloomberg. Bloomberg reported,…
BlockFi, a major crypto lending firm based in New Jersey, has reversed its earlier decision, and now stop accepting shares in the Grayscale Bitcoin Trust (GBTC) as collateral for loans.…
Celsius Network is "deeply insolvent", Vermont's Department of Financial Regulation (DFR) said on Tuesday, adding that the cryptocurrency lender is also not honouring its obligations to customers and creditors as…
Su Zhu, Three Arrows Capital (3AC) co-founder, has broken his silence since the hedge fund firm was implicated with liquidity fears since 15th June. Zhu has faulted Liquidators’ accusations that…
Su Zhu, the co-founder of Three Arrows Capital (3AC), has reappeared guns blazing and faulted liquidators’ accusations that he refused to cooperate with them. Zhu had disappeared following the hedge fund firm's…
Mysten Labs, a crypto startup founded by former Meta executives, is closing a Series B round that could value the company at $2 billion The financing process is still in…
Many crypto miners have shut down operations due to a heatwave in Texas. With temperatures well above 100 degrees Fahrenheit already in most areas, the Electric Reliability Commission of Texas…