Author: NBTC
According to the latest stats, Bitcoin’s network hashrate has soared past the 800 exahash per second (EH/s) mark, based on the seven-day simple moving average (SMA). The network’s computing might has hit a record-breaking high of 805 EH/s. Bitcoin Hashrate Hits Record-Breaking 805 EH/s Over the weekend, bitcoin (BTC) has stayed comfortably above the $100,000 mark, and by Sunday afternoon, it’s been playfully nudging its all-time price high. Alongside these price adventures, Bitcoin’s network hashrate hit a peak of 805 EH/s on Dec. 14, 2024. As of 2:45 p.m. Eastern Time on Dec. 15, the network’s power is cruising at…
NBA legend Scottie Pippen, a well-known basketball player, has come out with a new viral social media post on the topic of cryptocurrencies. Some people may not know, but recently Pippen has been discussing and writing much on the topic of cryptocurrencies; in particular, sometimes he claims that Satoshi Nakamoto, the mysterious creator of Bitcoin (BTC), comes to him in his dreams. In a new post, Pippen again made such a claim, saying that Satoshi came to him in a dream and gave him Santa’s list. On this list, according to the former basketball player, Bitcoin was listed opposite names…
The founder of Catly, a new video game described as “AI-slop” that debuted at the 2024 Game Awards in Los Angeles last week has a history with failed NFT and blockchain games. The first game from SuperAunthenti Co., Catly’s trailer left X users questioning how it secured a Game Awards spot and promotion by big-name influencers, such as Pokimane and Ninja. The studio’s co-founder, Kevin Yeung, also launched TenthPlanet, a game company focused on Web3, NFTs, digital ownership, and blockchain-based games. In 2022, his studio reportedly planned to launch two blockchain games and sunk $2.5 million into a cat-themed project…
ENA has risen as the top performer in the last 7 days driven largely by key developments within its ecosystem and heightened whale activity. Over the past month, Ethena (ENA) has surged by 96.6%, driving its market capitalization from $420 million in mid-September to $1.14 billion. Most of these gains occurred in the last 7 days, with ENA seeing a 45.1% rise during that period. Central to ENA’s price rally has been the ongoing expansion of the Ethena ecosystem. Ethena Labs recently passed a pivotal proposal to integrate Ethereal, a decentralized exchange built on the USDe stablecoin, into its reserve…
The Ton Trading Bot has partnered with Kat Knight, an RPG built on the blockchain integrated with the TON Network. This integration incorporates sharp trading instruments with an epic Web3 gaming environment, thus establishing new benchmarks for decentralized gaming and finance. Partnership Announcement: TonTradingBot x Kat KnightWe are excited to announce our partnership with @TONKatKnight, an innovative blockchain-based RPG on the TON network. 💎Kat Knight is a groundbreaking role-playing game where players summon unique Cat Knights, engage in epic… pic.twitter.com/LRpSOkbojm — Ton Trading Bot (@TonTradingBot) December 14, 2024 Kat Knight: A New Wave of Blockchain RPG Kat Knight is an…
OSL Digital Securities has expanded its OTC offerings with the addition of Toncoin, boosting investor access to The Open Network’s native token. Hong Kong‘s regulated crypto broker OSL Digital Securities has added Toncoin (TON) to its over-the-counter trading services, allowing professional investors to trade the token. The new offering is part of OSL’s strategy to expand its services and meet the growing demand for crypto in the region, the firm said in a Dec. 13 press release. Effective immediately, eligible users can trade TON against USD, USDT, and HKD on OSL’s platform. The service also includes custodian services and fiat…
Bitcoin mining, often criticized for its energy consumption, is becoming a surprising ally in Europe’s energy transition. As the continent faces an energy crisis and adopts stricter regulations, bitcoin mining is proving its flexibility and utility. By helping to stabilize grids, utilizing surplus energy, and integrating with renewable sources, this technology is becoming an unexpected and vital part of the energy conversation. Germany, renowned for its engineering, is leading the charge with projects that blend bitcoin mining with sustainable practices, offering a glimpse into its transformative potential. The European Energy Crisis The European energy crisis, worsened by geopolitical tensions and…
Michael Saylor said the Riot company is on the Bitcoin standard, following its decision to offer a substantial amount of its convertible senior notes in a private offering, whose proceeds would be used to buy additional Bitcoin. According to a recent press release, Riot Platforms, a leading Bitcoin mining and digital infrastructure firm with a market value of $4.3 billion, is planning to hold a private offering of $500 million in convertible senior notes set to mature in 2030. Per the release, the offering will be limited to qualified institutional investors. Riot reportedly plans to allocate the net proceeds from…
One of the people behind the creation of most popular meme coin Dogecoin (DOGE), Billy Markus, also known as Shibetoshi Nakamoto, recently addressed the question of his current relationship with the cryptocurrency he gave birth to. Specifically, Markus-Nakamoto was asked if he still holds DOGE. The developer, who is known for his ironic and sometimes sarcastic approach to social media, replied with a straightforward “yep.” And indeed, if you go to Markus’s officially anonymized wallet, you will find “D6QS1m,” which currently contains 226,317.86 DOGE, which is equivalent to around $27,558. yep — Shibetoshi Nakamoto (@BillyM2k) October 16, 2024 So, yes,…
Meta made headlines this week with a $1 million donation to President-elect Donald Trump’s inaugural fund. The contribution, as The New York Times reported, represents a strategic move by the tech giant to build rapport with the incoming administration. This development follows a meeting last month at Mar-a-Lago between Meta CEO Mark Zuckerberg and Trump, during which cordial exchanges reportedly occurred. Zuckerberg congratulated Trump’s victory, signaling a shift in the previously contentious relationship between the two parties. In addition to meeting with Trump, Zuckerberg dined with Marco Rubio, Trump’s nominee for Secretary of State, during the same visit. While Meta…