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Tough Times for Bitcoin Miners: First Half of August Yields Just a Fraction of July’s Profits

With the first half of August in the rearview mirror, it’s clear that bitcoin miners are facing a challenging month, having only accumulated 36.36% of the total revenue they made…

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Dydx Introduces Major Chain Upgrade With New Features

Decentralized exchange Dydx has announced a significant upgrade to its chain, introducing new features designed to enhance market liquidity and security. The update, set for release this autumn, marks the…

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Massive $593.5M Bitcoin Move: US Government Shifts Silk Road Stash to Coinbase Prime

A transaction unearthed by Arkham Intelligence revealed that bitcoins linked to the Silk Road have been moved to Coinbase Prime. “10K Silk Road BTC ($593.5M) moved to Coinbase Prime,” Arkham…

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$67M Shifted—August Sees Tepid Activity in Dormant Bitcoin Wallet Movements 

Between Aug. 1 and Aug. 14, more than 1,109 BTC, worth around $67 million, moved from long-dormant bitcoin wallets that had been inactive for years. The bulk of this activity…

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Ripple and SBI Digital Community Partner to Advance Web3 With XRP Ledger

SBI Digital Community Co. Ltd. has partnered with Ripple Labs Inc. to promote the use of the XRP Ledger in the Web3 space. The partnership will also involve issuing non-fungible…

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Bitcoin Holders Tighten Their Grip, Glassnode’s Latest Report Reveals

The latest onchain report from the analytics firm Glassnode highlights a resurgence in the holding (referred to as ‘HODLing’ in the report) behavior among bitcoin market participants, particularly long-term holders,…

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Internet Computer Protocol Implements Threshold-Schnorr Signatures, Enhancing Bitcoin Integration

The Internet Computer Protocol (ICP) has integrated threshold-Schnorr signatures and onchain Bitcoin block headers as part of its Deuterium milestone. This development aims to expand the utility of Bitcoin within…

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Verofax Partners With Climate Tech Firm Netgreen to Power Global Reforestation Efforts

Blockchain firm Verofax has teamed up with climate tech startup Netgreen to enhance global reforestation efforts. The partnership aims to create a transparent and efficient way for individuals to support…

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AI Search Engine Perplexity Teams up With Predictions Market Giant Polymarket

On Aug. 12, 2024, the startup behind Perplexity, an AI-driven search engine and chatbot, revealed a new partnership with Polymarket, a blockchain-powered predictions market. With this integration, users searching for…

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MARA Announces $250M Private Offering of Convertible Senior Notes to Buy More Bitcoin 

Marathon Digital Holdings, Inc., now simply known as MARA, is rolling out a plan to offer $250 million in convertible senior notes set to mature in 2031. This move, targeting…

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