General News

Bitcoin Mining Profitability Drops in September

Bitcoin (BTC) mining profitability declined in September as stagnant BTC prices, combined with a higher network hashrate, put pressure on miners, according to a...

U.S. Judge Dismisses Crypto Neobank Banq’s Bankruptcy Case

A U.S. judge has dismissed the bankruptcy filing of crypto neobank Banq, calling it a “bad faith” strategy intended to gain leverage in a...

Man Sues Council for $500M Bitcoin Hard Drive Buried in Landfill

James Howells, an IT engineer from Newport, Wales, has taken legal action against Newport City Council after spending over a decade trying to recover...

Memecoins Outperform Bitcoin in Popularity and Market Growth

Interest in Bitcoin appears to be waning, with Google search data revealing that the term hit a one-year low in mid-October 2024. At the...

Uniswap’s New Blockchain Unichain Could Generate $468M Annually

Uniswap Labs' latest project, Unichain, is poised to boost revenues for both the company and UNI tokenholders, potentially earning them close to $500 million...

Quantum Computer Successfully Breaches Encryption Algorithms

Chinese scientists have made a breakthrough by using quantum computing to compromise cryptographic algorithms, posing a significant threat to modern encryption standards used in...

Former FTX Executive Ryan Salame Begins Prison Sentence

Ryan Salame, a former executive of the now-defunct FTX exchange, officially reported to prison custody on October 11, 2024, at FCI Cumberland in Maryland,...

Crypto Firms Pay $19 Billion in 2024 Settlements

US regulators have collected more than $19 billion in settlements from cryptocurrency companies in 2024 alone, accounting for nearly two-thirds of the $31.92 billion...

BlackRock Sets New Record with $11.5 Trillion in Assets

BlackRock ($BLK) continues to break new ground in the financial world, surpassing $11.5 trillion in assets under management (AUM) in 2024. This milestone marks...

Crypto-Stealing Malware Discovered in Python Package Index

A new strain of malware targeting cryptocurrency wallets has been uncovered in the Python Package Index (PyPI), a popular platform used by Python developers...

Arkham to Launch Cryptocurrency Derivatives Exchange

Arkham Intelligence, a leading blockchain analytics company, is reportedly preparing to launch a cryptocurrency derivatives exchange as early as next month. The platform, according...

Ripple Co-Founder Donates $1 Million in XRP to Kamala Harris Campaign

Ripple co-founder and executive chairman Chris Larsen has made a notable contribution to Kamala Harris' 2024 presidential campaign by donating 1.75 million XRP, valued...