Ki Young Ju, Co-founder & CEO of Crypto Quant, revealed that Bitcoin miners are experiencing a notable increase in revenue generated from transaction fees during each cycle when compared to block rewards. Ju’s statement aligns with the findings of Julio Moreno, Head of Research at CryptoQuant, who took to Twitter to engage in the ongoing debate surrounding […]

Decrypt Texas Bitcoin Miners Are Making Millions by Selling Energy Back to Grid The excessive heat in Texas has forced Bitcoin miners to temporarily shut down their operations, resulting in a 9% drop in Bitcoin production for Marathon Digital. The Electric Reliability Council of Texas (ERCOT) implemented emergency procedures to ensure energy supply for customers […]

Decrypt North Korea’s Lazarus Group Behind $41M Stake Hack, Says FBI The Lazarus Group, a North Korean hacker organization, has been identified as the culprit behind the theft of $41 million in digital assets from the crypto casino Stake. The FBI released a statement confirming the group’s involvement and provided addresses for the stolen funds. […]

Decrypt Ex-FTX Executive Pleads Guilty, Forfeiting $1.5 Billion in Deal Former FTX executive Ryan Salame has pleaded guilty to criminal campaign finance violation charges in a Manhattan court. He admitted to conspiring to make unlawful contributions and defraud the Federal Election Commission. As part of his plea deal, Salame will forfeit $1.5 billion. The news […]

JP Morgan Chase & Co. could soon create a new blockchain-based digital deposit token, according to reports from Bloomberg on Sept. 7. The new token would allow for faster cross-border payments and settlements. In fact, JP Morgan has reportedly built the infrastructure needed to handle transactions for the token, based on statements from anonymous sources […]

Github warned in July that DPRK hackers were targeting crypto and gambling sites. Sep 7, 2023 at 2:33 p.m. PDT North Korean head Kim Jong-Un (Chung Sung-Jun/Getty Images) North Korea-linked hacker collective Lazarus Group was behind this month’s hack of crypto casino and betting platform Stake, according to the Federal Bureau of Investigation. In a […]

Binance, one of the leading cryptocurrency exchanges, has recently decided to refund users $1 million USDT (Tether) following an incident related to the CyberConnect (CYBER) token.  The refund aims to compensate users affected by a price discrepancy on listed CYBER tokens due to liquidity constraints on the Korean cryptocurrency exchange Upbit. Binance Addresses CyberConnect Woes As […]

Commissioner Caroline Pham called for the pilot program to kick off with a stakeholder roundtable and for the CFTC to propose and adopt rules on the risks retail investors face.

A sizzling Texas has turned its power grid into overdrive recently, enforcing emergency procedures into action–affecting first and foremost, Bitcoin miners. Due to the excessive heat the lone star state suffered, several mining outfits were pushed to turn down their mining operations, albeit temporarily. Riot platforms made news today that it “had been paid” to […]

WISCONSIN (CoinChapter.com) — US Treasury yields decreased on Thursday as investors evaluated the likelihood of additional rate increases and a slew of economic indicators that pointed to persistent inflationary pressures and a robust labor market. Following a 1 basis point decline, the yield on the 10-year Treasury was trading at 4.28%. The yield on the […]