Coal Firm Mines Bitcoin, Stirs Environmental Debate
Alliance Resource Partners, a coal mining company trading on NASDAQ under the ticker ARLP, recently disclosed that it has been mining Bitcoin for over three years. This revelation came during its first-quarter earnings call, highlighting an unconventional venture into the crypto world by a traditional energy company. Cary Marshall, Senior Vice President and Chief Financial […]
Coinbase Integrates Bitcoin Lightning Network
Top cryptocurrency exchange Coinbase has announced the integration of the Bitcoin Lightning Network, enhancing transaction capabilities on its platform. Starting Tuesday, users on both mobile and desktop platforms will have the option to send Bitcoin via the traditional Bitcoin network or the faster, more efficient Lightning Network. Introduced in 2018, the Lightning Network is a […]
Tight Race in US Bitcoin ETF Market
The competition for dominance in the U.S. Bitcoin exchange-traded fund (ETF) market is intensifying, with the leading funds jostling for the top position. Grayscale Bitcoin Trust (GBTC) currently holds the crown with $18.7 billion in assets under management (AUM), equivalent to about 297,000 Bitcoin. Despite this, GBTC is facing significant pressure from BlackRock’s iShares Bitcoin […]
Hong Kong’s Debut of Bitcoin and Ethereum ETFs
In a landmark event for Asia’s financial markets, Hong Kong witnessed the trading debut of six new spot Bitcoin and Ethereum ETFs on Tuesday, with over $80 million Hong Kong Dollars (approximately $10 million USD) in shares traded, as per data from the Hong Kong Exchange. This pioneering move establishes Hong Kong, a special administrative […]
Holograph Secures $3M for Blockchain Gaming Expansion
Holograph, the pioneering omnichain tokenization protocol, announced a significant boost in its growth trajectory with a new strategic funding round of $3 million on Monday. Led by Mechanism Capital and Selini Capital, this latest infusion brings Holograph’s total funding to an impressive $11 million, underpinning its expansion into the burgeoning blockchain gaming sector. Blockchain gaming […]
Runecoin Hits New High with OKX Listing
In a significant development in the cryptocurrency space, Runecoin, associated with the RSIC Metaprotocol and created using the Bitcoin Runes protocol, surged to a new all-time high following an announcement from OKX about its upcoming listing. This marks a pivotal moment for Runecoin as it becomes the first Runes token to be listed on the […]
SEC Labels Ethereum as Security, Consensys Sues
The U.S. Securities and Exchange Commission (SEC) has been regarding Ethereum as a security internally for more than a year, revealed through new details from a lawsuit filed by software giant Consensys against the SEC. This information came to light this morning when previously redacted sections of the lawsuit were made public. According to the […]
Buterin Defends Ethereum’s Shift to Proof-of-Stake
In the world of cryptocurrency, transitions can often be met with mixed reactions from the community. This was evident when Ethereum, initially founded on a proof-of-work (PoW) system, made a pivotal shift to a proof-of-stake (PoS) consensus mechanism in September 2022. Recently, Vitalik Buterin, the co-founder of Ethereum, addressed concerns and nostalgia within the community […]
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