Rises
Monero Rises Over 7% Despite Suffering 18-Block Reorg
Monero’s privacy token rose more than 7% despite its blockchain suffering an 18-block reorg that reversed around 117 transactions and triggered community concerns over the Monero ecosystem’s future. The security breach was committed by the team behind Qubic, a layer 1 AI-focused blockchain and mining pool that amassed 51% hashrate on Monero and committed a […]
Bitcoin Risk Of Labor Day Drop To $105K Rises
Key takeaways: Bitcoin dip buyers are back, but still being overpowered by sellers in the futures and spot markets. Closed markets on the Labor Day holiday and the threat of selling by OG Bitcoin whales could send BTC price to $105,000 and below. Bitcoin (BTC) trades amid rocky waters as the price struggles to hold […]
Bitcoin Miner Hut 8 Announces 1.5GW Expansion in the US, Stock Rises 10%
Bitcoin mining company Hut 8 is building four new Bitcoin mining sites in Texas, Louisiana and Illinois, adding 1.5 gigawatts of capacity as US miners tighten their grip on the global hash rate. According to a Tuesday announcement, the expansion is aimed at broadening the company’s geographic footprint and target markets where “energy demand [is] […]