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Bitcoin Miners' Earnings Drop to Lowest Since June 2021, Despite Recent Recovery

Bitcoin Miners' Earnings Drop to Lowest Since June 2021, Despite Recent Recovery

On May 3, 2024, the daily income of Bitcoin miners significantly decreased to 437.28 BTC, equivalent to $28.4 million, marking the lowest earnings since late June 2021 when it fell to 388.6 BTC, according to data from Glassnode. As of May 5, 2024, there was a slight

Tether Reports $4.52 Billion Profit for Q1 2024, Bolsters Treasury Bond Holdings to $90 Billion

Tether Reports $4.52 Billion Profit for Q1 2024, Bolsters Treasury Bond Holdings to $90 Billion

In a striking demonstration of financial growth and strategic investment, Tether has announced a substantial $4.52 billion net profit for the first quarter of 2024. This significant figure includes approximately $1 billion derived from U.S. Treasury bonds, underscoring the company’s robust investment in these secure financial instruments.

Worldcoin Developers Consider Partnership with OpenAI and PayPal

Worldcoin Developers Consider Partnership with OpenAI and PayPal

Worldcoin, the cryptocurrency initiative under the Tools for Humanity banner, is reportedly exploring partnership opportunities with artificial intelligence startup OpenAI and payment service PayPal, according to Bloomberg sources. The move comes as the project faces regulatory challenges across various global jurisdictions. Tools for Humanity, the company behind Worldcoin, is seeking

ViaBTC Sells 'Epic Satoshi' for 33.3 BTC Valued at $2.13 Million on CoinEx Exchange in a Landmark Blockchain Auction

ViaBTC Sells 'Epic Satoshi' for 33.3 BTC Valued at $2.13 Million on CoinEx Exchange in a Landmark Blockchain Auction

Mining pool ViaBTC has successfully sold a unique blockchain asset known as the "Epic Satoshi" for 33.3 BTC, which was worth approximately $2.13 million at the time of the transaction. This notable sale took place on the cryptocurrency exchange CoinEx, during an auction that spanned about two days.

X Plans to Expand Paid Subscription for All New Users to Combat Bot Issues

X Plans to Expand Paid Subscription for All New Users to Combat Bot Issues

Social media platform X, formerly known as Twitter, is likely to introduce a paid annual subscription for all new users. This strategy, confirmed by owner Elon Musk, aims to effectively tackle the platform's persistent bot problem. Historically, a similar subscription model was implemented for users in New Zealand and the

EigenLayer Announces Mainnet Launch and Introduction of EigenDA: A Pioneering Move Towards Enhancing Blockchain Functionality

EigenLayer Announces Mainnet Launch and Introduction of EigenDA: A Pioneering Move Towards Enhancing Blockchain Functionality

In a groundbreaking development that marks a significant milestone in the blockchain industry, the EigenLayer project team has proudly announced the launch of its mainnet. This pivotal move is accompanied by the unveiling of a novel feature set designed specifically for restakers and operators, signaling a new era of functionality

SEC Delays Decision on Grayscale and Bitwise Bitcoin Options-Based ETF Applications, Sets New Deadline for May 29

SEC Delays Decision on Grayscale and Bitwise Bitcoin Options-Based ETF Applications, Sets New Deadline for May 29

The United States Securities and Exchange Commission (SEC) has postponed its decision on the applications by Grayscale Investments and Bitwise for the launch of Exchange-Traded Funds (ETFs) based on bitcoin options. This delay marks a significant moment in the ongoing debate around the regulation and acceptance of cryptocurrency-related financial products

FTX Sells Up to 30 Million SOL Tokens at $64 Each, Marking a Significant Discount from Current Market Price

FTX Sells Up to 30 Million SOL Tokens at $64 Each, Marking a Significant Discount from Current Market Price

In a move that has captured the attention of cryptocurrency enthusiasts worldwide, FTX, a major player in the digital asset exchange arena, has reportedly offloaded between 25 million to 30 million Solana (SOL) tokens. The sale, executed at a price of $64 per SOL, represents a significant discount from the

Google Integrates Crypto Wallet Tracking and Balance Viewing into Its Search Engine

Google Integrates Crypto Wallet Tracking and Balance Viewing into Its Search Engine

Google Corporation has recently enhanced its search service by integrating a new feature that enables users to track cryptocurrency wallets by their addresses and view their balances. This service covers a range of popular networks including Bitcoin, Arbitrum, Optimism, Polygon, Avalanche, and Fantom. When a wallet address is entered into

"KuCoin Faces $882 Million Withdrawal Amid US DOJ Accusations"

"KuCoin Faces $882 Million Withdrawal Amid US DOJ Accusations"

In a significant financial shift, the KuCoin exchange has experienced a substantial capital outflow following accusations by US authorities. The exchange is under scrutiny for alleged unregistered operations, violations of the Bank Secrecy Act, and facilitating money laundering. According to Nansen, a data analytics portal, this turbulence has led to