million

Robinhood has announced its plan to acquire the U.K.-based cryptocurrency exchange Bitstamp for $200 million in cash. This strategic move aims to enhance Robinhood’s global crypto presence and attract institutional clients. The…

Defunct cryptocurrency exchange, FTX has settled with the Internal Revenue Service (IRS) on its $24 billion tax case according to a recent report by Bloomberg. To resolve a $24 billion tax demand the Internal Revenue Service (IRS)…

Bankrupt cryptocurrency exchange FTX might be able to settle a $24 million claim from the U.S. Internal Revenue Service (IRS) for $200 million. This settlement is still pending court approval, but would resolve one of the thornier…

Bitcoin miner Bitfarms released its latest monthly production data, which highlights the Bitcoin halving effect on the company’s bottom line and raises concerns about industry consolidation.In its monthly update, Bitfarms said it earned…

Table of Contents In May, the crypto community endured devastating losses to hackers, resulting in the highest loss tally recorded in 2024 to date.. According to a report from blockchain security firm Peckshield, hackers made away…

A recent large-scale purchase of XRP by a single whale has sparked renewed interest and speculation within the cryptocurrency community. This significant move of 262 million XRP, worth approximately $137 million, comes when analysts are…

Next Article…

Stablecoin issuer Tether Holdings Ltd. has invested $100 million in Bitdeer Technologies Group, a US-listed Bitcoin mining company owned by Chinese billionaire Jihan Wu. On May 30, 2024, Bitdeer sold 18,587,360 Class A ordinary shares…

Earlier today, the Japanese crypto exchange DMM Bitcoin reported losing over $300 million worth of Bitcoin in “an unauthorised leak” from its digital wallet. This comes at a time when another defunct Japanese exchange Mt. Gox has been…

Unchained and the University of Austin (UATX) have announced their…