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Canaan’s 2Q mining revenue jumps 43% on 1Q, but net loss climbs 31%
Bitcoin mining firm Canaan posts second quarter financials, with Bitcoin mining revenue up 43% from Q1 2023, though net loss also rose 31% to $110 million.
Media companies grapple with AI both inside and outside newsrooms
Media companies have been trying to navigate the rapid emergence of AI, with many banning its usage internally and others choosing to embrace it.
Binance excludes Banco de Venezuela from P2P payments
Banco de Venezuela, one of the largest financial institutions in the country, was acquired by the sanctioned government in 2009.
Jacobi spot Bitcoin ETF classed as 'environmental investing' by issuer
Jacobi FT Wilshire Bitcoin ETF has been defined as an Article 8 fund by its issuer firm.
dYdX to unlock 6.52M tokens worth $14M for community treasury, rewards
Out of the lot, 2.49 million DYDX tokens — worth $5.36 million — will be allocated to the community treasury. The treasury funds contributor grants, community initiatives and liquidity mining among other programs.
DCG agrees deal with Genesis that would see recoveries of up to 90%
The estimated U.S. dollar equivalent recoveries could amount to 70–90% for Genesis creditors, should the amended plan be carried out.
Shibarium wallets surpass 100K after SHIB devs relaunch bridge
Shytoshi Kusama, the co-founder of the SHIB token, said the bridge was fixed with the help of Polygon Labs co-founder Sandeep Nailwal.
Bitcoin Price Still Vulnerable Unless It Surges Past $26,500
Bitcoin price is attempting an upside break above the $26,200 resistance. BTC must clear $26,200 and $26,500 to start a decent recovery wave.
Bitcoin is still struggling to clear the $26,500 resistance zone.
The price is trading above $26,000 and th...
Solana-based Clockwork to shutter citing ‘limited commercial upside’
Clockwork’s planned closure comes about a year after receiving $4 million in a seed round led by Multicoin Capital.
Friend.tech threatens to punish users if they use copycat apps
Friend.tech warned users who choose to jump ship to “forks and copies” will see their existing points forfeited.