Bitcoin mining difficulty crosses 80 trillion ahead of halving, new Satoshi emails unveil Bitcoin lore, and FTX to sell $1 billion in Anthropic shares. Bitcoin mining difficulty, which measures how difficult it is to solve the complex cryptographic puzzles used in the mining process, passed 80 trillion on Feb. 16. The networks hash rate reached...Continue Reading

The $30 billion advisory firm prioritized trading volume, asset growth, and low fees when picking four Bitcoin ETFs for listing. Financial services firm Carlson Group has reportedly added four of the 10 Bitcoin (BTC) exchange-traded funds (ETFs) to its offerings for registered investment advisers (RIAs). The $30 billion investment firm prioritized asset growth, trading volume...Continue Reading

FTX Europe will be sold back to its founders for $32.7 million, roughly three years after being acquired by Sam Bankman-Fried for $323 million. Bankrupt crypto exchange FTX has settled a dispute over its European division, returning the company to its previous owners. According to a Feb. 24 Reuters report, FTX agreed to sell FTX...Continue Reading

Nathaniel Luz, Flincap’s CEO, suggests the Nigerian government address licensing issues for local exchanges instead of blaming the crypto ecosystem for forex challenges. The Nigerian government needs to be clear on its stance concerning the industry as its recent actions have been sending mixed signals to the broader crypto community, according to Nathaniel Luz, co-founder...Continue Reading

As the backbone of many cryptocurrencies, including Bitcoin, block rewards help maintain the security and integrity of the blockchain network. A block reward is a crucial component that supports the decentralized nature of cryptocurrencies and has great symbolic and functional importance.  Fundamentally, a block reward is the payment made to crypto miners for adding authorized...Continue Reading

The partnership with Google marks Reddit’s first known agreement with a significant AI company. Google and social media platform Reddit have formed a partnership where Reddit will supply its content as artificial intelligence (AI) training data to the search engine. In a recent announcement, Reddit mentioned that it will offer Google improved methods for training...Continue Reading

According to CoinGecko, among the 50 largest crypto airdrops since 2020, almost half of them reached all-time high prices within two weeks of the token being publicly listed. Recent data from cryptocurrency data aggregator CoinGecko indicates that holding an airdropped crypto token for more than 14 days has, nearly half the time, resulted in missing...Continue Reading

While several of Riot Platform’s competitors mined more Bitcoins in 2023, Riot is preparing for this year’s Bitcoin halving after acquiring 66,560 mining rigs from MicroBT. Bitcoin mining firm Riot Platforms recorded a 19% increase in the number of Bitcoins (BTC) produced in 2023, mining a total of 6,626 BTC. The firm also saw an...Continue Reading

Hashlabs Mining co-founder and chief mining strategist Jaran Mellerud said Ethiopia, Nigeria, Kenya, Argentina and Paraguay could pick up more hash rate in the coming years. Potential sluggishness in the price of Bitcoin after the Bitcoin halving could tank the share prices of high-cost public miners in the United States, forcing some to even move offshore....Continue Reading