Alex Mashinsky, the former CEO of crypto lender Celsius, has pleaded guilty to two charges related to fraud and market manipulation, agreeing to a sentencing guideline of 30 years in prison. Mashinsky was indicted in July 2023 on seven counts, including fraud, conspiracy, and manipulation of the market for Celsius’ token, CEL. Under the terms…
Bitcoin mining firm Foundry has implemented a job cut that impacted as many as 60% of its workforce. According to a Blockspace report citing anonymous sources, the firm’s layoff exercise spanned staff in the United States and international offices. With a staff strength of 250, the number of employees left is now just about 80…
Bitcoin (BTC) miner Marathon Digital has announced the acquisition of a wind farm in Hansford County, Texas, to bolster its sustainability efforts. The wind farm, which boasts 240 megawatts (MW) of interconnection capacity and 114 MW of nameplate wind capacity, will be the foundation for a new, sustainable data center. Additionally, Marathon plans to develop…
Solana (SOL) shows a bullish trend as Dogwifhat (WIF) and Lunex Network (LNEX) attract investor inflows. #partnercontent
Reserve Rights (RSR) has surged over 130% in the last 24 hours, reaching a two-year high of $0.02518. This impressive rally comes amid rising speculation around the potential appointment of Paul Atkins as the next U.S. Securities and Exchange Commission (SEC) chair under President Donald Trump. Paul Atkins, a former SEC commissioner, is known for…
South Korean cryptocurrency markets experienced significant turbulence following President Yoon Suk Yeol’s unexpected martial law declaration, creating a notable divergence between global and local crypto prices. Bitcoin fell as low as $79,000, and XRP traded at $1.89 on Upbit for over an hour. This saw users crowd the exchanges to file purchase orders and buy…
As the crypto market shifts towards innovative solutions, Render, Toncoin, and Rollblock stand out as top altcoins with groundbreaking use cases. While Render focuses on decentralized rendering services and Toncoin offers a highly scalable blockchain, Rollblock is revolutionizing the play-to-earn GambleFi space. With its unique blend of online gaming, DeFi integration, and blockchain transparency, Rollblock…
Shiba Inu’s blockchain underwent a considerable upgrade today. The Heimdall and Bor hard forks are live. They aim to improve performance and stability and include an upgradeable burn contract. The Heimdall Hard Fork According to the official documentation, the latest version of the Heimdall upgrade, namely v1.07-bone has been released for the Shibarium blockchain. Amid…
Reserve Rights token RSR has surged 136% in the past 24 hours, leading the top 100 cryptocurrencies by market cap as its price reached $0.02518, the highest level since early 2022. According to market data from crypto.news, the price of…
Gemini, Avalanche, and Plus Wallet are influencing the cryptocurrency arena with significant updates. Gemini’s co-founder Cameron Winklevoss forecasts a promising future for digital currencies, pointing out the sustainable growth driven by ETFs and how it sets the stage for potential new peaks above $100,000. In parallel, Avalanche is on the cusp of a significant surge,…
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