Jerry Yu’s Legal Struggles with Texas-Based BitRush Bitcoin Mining Operation
Jerry Yu, a NYU student, is embroiled in legal battles over his $6M Texas Bitcoin mine, BitRush, amid allegations of unpaid work […]
Ripple May Dump Over 96 Million XRP Soon
Ripple’s strategic handling of 240M XRP in December 2023 stabilized the market and may influence future cryptocurrency dynamics. (Read More)
Shift Robotics Moonwalkers AI Skates: A Leap in Worker Productivity at CES 2024
Shift Robotics’ Moonwalkers AI skates, a feature at CES 2024, significantly improve workplace efficiency by doubling walking speed. (Read More)
Infosys Stock Reacts to $1.5 Billion AI Contract Termination with 2.5% Drop
Infosys’ $1.5B AI deal termination leads to a 2.5% stock price drop, signaling changes in IT sector demands and budgets. (Read More)
SEC’s Upcoming Decision on Bitcoin ETFs and the Implications
The SEC’s anticipated decision on Bitcoin ETFs, expected by January 2024, could significantly boost U.S. crypto adoption, balancing financial institutions’ interests and […]
PancakeSwap’s CAKE Token Skyrockets by Over 50%
PancakeSwap’s CAKE token experienced a 50% surge in a week, thanks to strategic token burn and a new supply cap proposal, marking […]
Grayscale’s Strategic Shift: Aiming for Bitcoin Spot ETF with Cash Redemption Model
Grayscale changes GBTC to a spot Bitcoin ETF using cash creation model, complying with SEC guidelines after Barry Silbert’s resignation, marking a […]
Mt. Gox Double Payment Error: Creditors Urged to Return Overpaid Funds
Mt. Gox, a former Bitcoin exchange, paid creditors twice during its settlement process, causing mixed reactions among creditors and underscoring the complexities […]
FTX Debtors Propose Litigation Settlement Over $220 Million Embed Acquisition
FTX debtors propose a $220M litigation settlement over their Embed acquisition, involving ex-CEO Sam Bankman-Fried, with the aim of recovering the full […]
KyberSwap’s Response to $48.8 Million Hack: Workforce Halved and Victim Reimbursement Plans
KyberSwap, after a $48.8M hack, has halved its workforce and launched a reimbursement plan for affected users, showcasing the resilience of DeFi. […]
Bitcoin Mining Hits Record High
Bitcoin’s mining hash rate hit a record 544 EH/s on Dec. 25, but miners face challenges with profitability slumping despite a 150% […]
Title: Tether’s $1 Billion USDT Minting Stirs Debate: Inventory Replenishment or Market Manipulation?
Tether’s recent billion-dollar minting for inventory replenishment has sparked debates on transparency, impact, and potential market influences, despite significant growth. (Read More)