News

Cathedra Bitcoin will move away from mining business and will develop data centers instead.

The company just days ago announced the purchase of $1.1 billion worth of bitcoin, bringing its holdings to 244,800 tokens.

The Binance founder is currently living in a halfway house in San Pedro, California.

Algorithmic trading firm Wintermute has announced the launch of OutcomeMarket, a decentralized prediction market platform that will initially focus on the 2024 U.S. presidential election with tokens tied to candidates Donald Trump and Kamala Harris.  Launching next week, the platform allows users to participate directly in prediction markets across Ethereum (ETH) and its layer-2 scaling networks Base and Arbitrum, and eliminates the need to bridge assets between chains. OutcomeMarket’s platform...

Hamster Kombat, the largest Telegram tap-to-earn crypto game in terms of player base, announced Tuesday through its mini app that the first season of in-game rewards will end on September 20 ahead of next week’s token launch and airdrop. According to the in-game screen, “Season 1 ends on September 20” and that players’ achievements up to that point “will be converted into HMSTR tokens.” Hamster Kombat then encourages players to “hurry up to level up” before the cutoff. The team previously shared...

Wednesday is poised to be a huge day for the markets. America’s central bank is expected to finally slash interest rates from their 23-year high after hiking them up in 2022, and the resulting impact could have wide implications across all major markets. Under Chair Jerome Powell, the Federal Reserve raised borrowing costs in a bid to control inflation, which skyrocketed following the Covid-19 pandemic. Now, with a stronger job market, the plan is to lower interest rates—hopefully without trigge...

The Kingdom of Bhutan now has the fourth-largest government holdings of BitcoinBitcoin, with a stash of over 13,000 BTC—valued at $750 million, says blockchain analytics firm Arkham Intelligence. The Bitcoin stash, managed by the country’s state investment arm, Druk Holding & Investments (DHI), places the Himalayan kingdom ahead of even El Salvador, which holds 5,876 BTC worth $331 million, per Arkham. BREAKING: BHUTAN GOVERNMENT’S $750M BTC NOW ON ARKHAM Bhutan’s Bitcoin holdings are now label...