Bitcoin mining firm Hut 8 took $331 million in net income in 2024, according to the company’s latest financial report. The firm …
reports
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Meme coin category on CoinGecko experienced an 8.1% boost Current market capitalization is $66.8 billion Last week, the SEC declared that meme …
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The price of the world’s second-largest cryptocurrency, ether (ETH), has risen by more than 2.3% in the last 24 hours, while the …
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Mining
Russian Power Company Reports $14 Million Loss Due to Illegal Crypto Mining
by shayaanby shayaanRussian power company Rosseti suffered over $14 million in losses in 2024 due to illegal crypto-mining operations, which have led to network …
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Capping off a year of sustained growth acceleration and stronger than expected FCF generation – surpassing Rule of 40 in 2024 and …
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Finance
New Reports from Wall Street Giants Signaling Entry into the Cryptocurrency Industry – Here are the Details
by shayaanby shayaanSome of the largest U.S. banks are moving into the crypto space, taking advantage of regulatory ease under President Donald Trump to …
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Regulation
Abu Dhabi Sovereign Wealth Fund Reports Owning $455,672,040 Worth of BlackRock’s Bitcoin ETF in New SEC Filing
by shayaanby shayaanNew filings show that the Abu Dhabi Sovereign Wealth Fund has accumulated hundreds of millions of dollars worth of BlackRock’s Bitcoin (BTC) …
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Mining
Bitcoin Miners Face Delays in Receiving New Equipment in Escalating Trade War: Reports
by shayaanby shayaanU.S. Customs and Border Protection are reportedly seizing Bitcoin mining rigs. Among several promises made to the crypto industry on the campaign …
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Goldman Sachs reported over $2 billion in crypto exposure through Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETF) as of Dec. 31, …
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DeFi
Maple reports no increase in bad debt, $10M inflows amid recent market crash
by shayaanby shayaanDecentralized credit protocol Maple reported that none of the platform users’ positions were liquidated during the Feb. 2 price crashes, resulting in …