Hut 8 Corp. (Nasdaq | TSX: HUT), a leading Bitcoin mining company, has expanded its partnership with BITMAIN Technologies Ltd., the world’s largest producer of Bitcoin mining servers, to launch the U3S21EXPH, a next-generation ASIC miner. This model will be the first mass-commercialized miner to feature direct liquid-to-chip (DLC) cooling within a
Bitcoin Bull Run: Crypto Analyst Publishes Guide On How To Know The Market Top
As the crypto market gears up for a potential bull run in 2025, analyst IonicXBT has shared his comprehensive guide on how to identify the Bitcoin market top in this cycle. The analysts’ guide is based upon the SOPR (Spent Output Profit Ratio), one of the lesser-known but highly useful metrics for analyzing Bitcoin. IonicXBT […]
SEC Requests Additional Four Months to Submit Documents in Coinbase Case
The US Securities and Exchange Commission (SEC) has requested an additional four months to produce documents in the legal tussle with Coinbase. In a recent filing with the US District Court for the Southern District of New York, the regulator argued that it requires more time to review an extensive collection of 133,582 documents. The […]
Hacked X Accounts Power Massive Crypto Scam, Blockchain Sleuth Warns
Recent developments in the crypto space have underlined the continuous danger of frauds, especially via social media channels. High-profile X (previously Twitter) hacking events have exposed significant number of victimized accounts, promoting fake memecoins. These events highlight security flaws as well as the extent scammers will go to exploit un
Celebrating 10 Years of the Hardware Wallet Revolution
As we celebrate the 10th anniversary of the first hardware wallet, it’s remarkable to see how far Bitcoin security has come. From the early days of precarious self-custody methods to the game-changing creation of the Trezor Model One, this revolution has transformed the way we protect our digital assets. With a decade of this experience [&hel
3 Best Crypto Exchanges & Apps of September 2024
Explore the best cryptocurrency exchanges and apps of September 2024. Compare Kraken, Gemini, and Crypto.com on features, fees, and more to find the ideal platform for your trading needs. The post 3 Best Crypto Exchanges & Apps of September 2024 appeared first on Coinbackyard.
Silvergate Capital Declares Bankruptcy, Finalizing Its Crypto-Driven Collapse
Silvergate Capital has filed for bankruptcy to close its operations, marking the final chapter for the parent company of Silvergate Bank, Reuters reported. The La Jolla-based institution shut down operations earlier in 2023 following a crippling run on deposits caused by the chaos in the digital asset market. Bankruptcy and Liquidation Silvergate i
Binance CEO Richard Teng Fights to Release Executive Detained in Nigeria
Richard Teng, the CEO of Binance, announced that the company is working tirelessly to free Tigran Gambaryan, the crypto exchange’s head of financial crime compliance, who has been detained in Nigeria since February.
Germany’s Commerzbank and DZ Bank To Offer Bitcoin and Crypto Trading
Germany’s two of the largest five banks, Commerzbank and DZ Bank, are launching Bitcoin and crypto trading services amid growing institutional demand. JUST IN: 🇩🇪 $500 billion Commerzbank to offer #Bitcoin and crypto trading. pic.twitter.com/KrOCOx5N9P — Bitcoin Magazine (@BitcoinMagazine) September 19, 2024 Commerzbank, the country’s s