Topic

Blockchain

A collection of 157 issues

Rhodium Bitcoin Mining Company Declares Bankruptcy Amidst $100 Million Liabilities

Rhodium Enterprises, a Texas-based Bitcoin mining company, has filed for voluntary bankruptcy under Chapter 11 in the United States Bankruptcy Court for the Southern District of Texas. The company cited liabilities of up to $100 million, following months of financial challenges within the organization. This significant move reflects the mounting

Colosseum Startup Secures $60 Million in Funding to Boost Early-Stage Projects in GameFi, DeFi, and DePIN Sectors

In a significant financial boost, Colosseum, a startup operating within the Solana ecosystem, has successfully closed a $60 million investment round. This substantial capital influx is poised to spearhead the development of cutting-edge projects across various sectors, with a specific focus on GameFi, DeFi, and DePIN. The investment was led

Ethereum ETFs Delayed: Bloomberg Analyst Predicts Launch Rescheduled for July 2nd

Bloomberg's exchange analyst Eric Balchunas recently reported a rescheduling in the launch date of the spot Ethereum ETFs, now set for July 2nd, following feedback on the S-1 forms submitted by issuers. According to Balchunas, the feedback received was "fairly straightforward, nothing serious," indicating no major

Roaring Kitty's $236 Million Loss: GameStop Stocks and Meme Coins Plummet

In a dramatic turn of events, financial analyst Keith Gill, famously known as Roaring Kitty, held his first livestream in three years, revealing a staggering $236 million loss due to declining GameStop stock prices. This disclosure led to a significant drop in both GameStop shares and related meme coins, causing

Binance to Implement Restrictions on Certain Stablecoins for European Clients

Cryptocurrency exchange Binance has announced a new policy change that will affect certain stablecoins for its clients within the European Economic Area (EEA). Starting from June 30, 2024, Binance will limit support for "unauthorized" stablecoins as a result of the Markets in Crypto-Assets Regulation (MiCA) framework. This regulation

Former U.S. President Donald Trump Found Guilty of Document Forgery; Associated Cryptocurrency TRUMP Token Plummets

In a landmark verdict on May 30, 2024, a New York jury found former U.S. President and current presidential candidate Donald Trump guilty of document forgery. NBC News reported the conviction, which marks Trump as the first U.S. president convicted of a criminal offense. The final sentence, which

SEC Approves Spot Ethereum ETFs from Major Firms Including BlackRock and Fidelity, Opening New Investment Avenues

The United States Securities and Exchange Commission (SEC) has officially approved the listing of spot Ethereum ETFs, signaling a significant move in the cryptocurrency investment landscape. This approval covers applications for ETFs from major financial entities such as BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy, and Franklin Templeton, marking

LayerZero Labs Concludes "Sibyl Report" Submission Period, Publishes List of Over 800,000 Potential Sybils, Offering 15% Airdrop to Rule-Admitting Users

In a significant development in the cryptocurrency sector, LayerZero Labs has officially closed the submission period for its "Sibyl Report" and has published a comprehensive list containing 803,093 potential sybils. This announcement marks a critical step in the company's ongoing campaign to ensure fair token

Philippine SEC Demands Removal of Binance App from AppStore and Google Play Amid Regulatory Crackdown

In a significant move against unregulated cryptocurrency exchanges, the Securities and Exchange Commission (SEC) of the Philippines has officially requested tech giants Apple and Google to remove the Binance app from their mobile platforms. This directive is part of a broader regulatory crackdown on unauthorized crypto activities in the country.

Bitcoin Miners Revenue Hits Historic High Amid High Fees and Launch of Runes Protocol

On April 20th, 2024, the daily revenue of Bitcoin miners reached a new historic peak of $107.76 million. This significant milestone was reported by YCharts and coincided with the recent halving event in the Bitcoin network, alongside the release of the Runes protocol, which is being promoted by its