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Tether plans $500M investment into Bitcoin mining operations

In a significant diversification of its core business of managing the USDT stablecoin, Tether Holdings Ltd. is pivoting a portion of its operations toward Bitcoin (BTC) mining. As reported by Bloomberg, Tether plans to invest approximately half a billion dollars over the next six months, a move that could significantly alter the dynamics of the […] The post Tether plans $500M investment into Bitcoin mining operations appeared first on CryptoSlate. дальше »

2023-11-16 19:40


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Market braces for U.S. impact after Bitcoin longs face $20 million liquidation wave

Quick Take In the past 12 hours, trading markets in Europe and Asia witnessed approximately $100 million in liquidations, intriguingly split into $65 million long and $30 million shorts. The dominant digital asset, Bitcoin, bore the brunt of these liquidations with $20 million, predominantly in long positions, just ahead of Ethereum with $17 million longs […] The post Market braces for U. дальше »

2023-11-16 17:55


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Justin Sun’s Crypto Exchange Poloniex Exploited For $126 Million, Offers Hacker 5% Bounty

Justin Sun-owned Poloniex exchange Poloniex has suffered a major security breach affecting approximately $126 million in crypto assets after hackers drained its hot wallet. Sun said Poloniex will reimburse all affected users and is willing to give the hacker a 5% bug bounty to return the stolen funds. дальше »

2023-11-11 22:14


Crypto Stock Advance Fuel Earnings And Market Rally – What’s Next For Investors?

Crypto stocks in the United States witnessed a notable uptick in pre-market trading as Bitcoin surged to its highest level since May 2022. BTC crossed the $36,000 mark for the first time in approximately 18 months on Thursday, igniting a bullish wave that extended to publicly-traded companies with significant exposure to the crypto market, including […] дальше »

2023-11-10 19:00


Upcoming Bitcoin halving may put Ethereum’s inflation rate in the shadow

Quick Take Bitcoin’s inflation rate, currently sitting at about 1.750%, is expected to reduce by half to approximately 0.875% upon the next halving in April 2024. The upcoming reduction in Bitcoin’s annual increase of supply created an interesting point of comparison with Ethereum, which experienced significant changes in its own rate after transitioning to Proof-of-Stake […] The post Upcoming Bitcoin halving may put Ethereum’s inflation rate in the shadow appeared first on CryptoSlate. дальше »

2023-11-7 17:30


Kaspa Price Flip and Mining Rewards Reduction Could Lead to Further Upside For KAS: Expert

The price of Kaspa (KAS), a cryptocurrency focused on scalability and security, could be set for significant upside following recent developments impacting mining rewards. According to Kaspa enthusiast Twitter account ‘@KaspaEnthusiast’, the rewards for mining KAS were reduced today around 5pm UTC from approximately 165 to 156 KAS per block. дальше »

2023-11-6 19:00