Mawson Infrastructure Group Inc. Announces Monthly Operational Update for July 2023

Total Revenue Equivalent in BTC Increased 23% M/M Total Operational Capacity as of July 31, 2023 was approximately 96 Megawatts Capacity to support approximately 27,636 miners SHARON, Pa.–(BUSINESS WIRE)–Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure company, announced today its unaudited business and operational update for July 2023. Rahul Mewawalla, CEO […]

Palo Alto Networks CEO Urges Swift Cybersecurity Overhaul Amid Evolving Threats

Nikesh Arora, the CEO of Palo Alto Networks, a prominent cybersecurity firm, has delivered a clear and urgent message, urging businesses to overhaul their cybersecurity approaches in response to the rapidly evolving landscape of threats. Arora’s alert arises as malicious actors expedite their capacity to infiltrate corporate safeguards, demanding swift adjustments, especially from companies still […]

Chinese Official Sentenced to Life Imprisonment for Bitcoin Mining Operation and Corruption Charges

A former Chinese government official, Xiao Yi, has been sentenced to life in prison for helping subsidize a secret, large-scale Bitcoin mining operation within the country’s borders, alongside unrelated acts of corruption. Yi pled guilty to the charges, and the government has already seized all of his bribes and profits. Illegally Helping A Bitcoin Miner […]

Bitcoin is not headed for new lows: Scott Melker

Wolf of All Street’s host Scott Melker is constructive on Bitcoin. He explained why in an interview with Yahoo Finance today. BTC has tumbled from $31,000 to $26,000 in about six weeks. Bitcoin is still a bull market despite the sharp sell-off in recent weeks, says Scott Melker – Host of “The Wolf of All […]

Has Bitcoin [BTC] bottomed out in oversold territory?

BTC’s sideways price action hinted at an opening for a bullish rebound. A rise in the mean coin average also hinted at investors making a move in anticipation of a price hike.

Cardano Clinches #1 Dev Platform Title From Polkadot, Kusama

Cardano raises eyebrows as it outshines major chains as the top developer platform. Continue reading at DailyCoin.

Bitcoin: Exploring sub-$20k price possibility amid rate hikes

Assessing Bitcoin’s next move now as the bears take a breather. Whale activity suggests prospects of a potential bullish relief. Appetite for leverage in Bitcoin [BTC] trading exposed the inherent risks on the market when interest rates surge. In BTC’s case, many traders are forced to liquidate just so they can afford to keep up […]

Colombia central bank eyes limited CBDC holdings to counter financial risks

The Banco de la Republica points out in its latest macroeconomic ‘report the potential risks of CBDCs to user privacy, security, and investors’ interaction with other assets. […] Read More… The post Colombia central bank eyes limited CBDC holdings to counter financial risks appeared first on CoinGeek.

SHIB Burn Rate Jump 1,100% Amid Expectations Of Shibarium Relaunch

Off the back of the much-anticipated Shibarium launch, the SHIB burn rate has seen a tremendous rise. This surge in the burn rate comes despite the Layer 2 blockchain running into problems on the day of its launch last week, and still being in private mode. But while it could point to renewed vigor among […]

Igniting Cardano’s Decentralized Revolution: Marlowe

Cardano (ADA), a prominent Layer 1 proof-of-stake (PoS) blockchain protocol, has recently unveiled significant developments within its smart contract development environment, Marlowe. This latest update showcases the proactive approach of the token’s core team, spearheaded by Input Output Hong Kong (IOHK), in enhancing the protocol’s runtime and expanding its capabilities. The central focus of this […]