News

The project is offered on both Arbitrum and Avalanche blockchains. Monday’s exploit impacted only the version on Arbitrum as of European morning hours.

"Rarely has the market gone into the Fed meeting with maximum uncertainty (halfway between 25bps and 50bps)," Marc Chandler, chief market strategist at Bannockburn Global For...

PLUS: Sony’s Soneium blockchain is growing, with Circle announcing that USDC will be listed on the chain.

The largest Bitcoin mining companies are steadily claiming greater dominance over Bitcoin’s network security, even though their stock performance this year might not suggest such success. JP Morgan analysts summed up the current state of the market in their “September ’24 Bitcoin Mining Halftime Report" published Monday, noting that publicly listed U.S. mining companies saw their piece of the network hash rate pie expand for the fifth straight month—to a record 26.7%. Hash rate measures the pace...

Money flowed back into Bitcoin exchange-traded funds (ETFs) and other crypto investment vehicles last week—just in time for the Federal Reserve’s key meeting tomorrow.  Data from Jersey-based digital asset manager CoinShares showed on Monday that a total of $436 million hit funds that give exposure to cryptocurrencies. This came after a period of outflows where investors cashed out $1.2 billion in a bearish trend, including $726 million the week before last. Most of that money that flowed in las...

A 64-year-old man paralyzed by ALS was able to communicate via his thoughts to his smart devices using a new type of brain implant that avoids potentially risky brain surgery. The man, identified only as “Mark” in a YouTube video uploaded Monday by Synchron, a New York-based company that makes the brain-computer interface, was apparently able to control a range of Amazon Alexa-enabled devices, including answering video calls, using just mind control. In a previous demonstration, Mark used Synchr...

MicroStrategy, the largest corporate reserve holder of Bitcoin with over $14 billion worth, announced Monday that it plans to buy even more Bitcoin as part of a private offering of $700 million worth of convertible senior notes. The firm said that it will use proceeds from the sale to redeem $500 million in previous senior secured notes that are due in 2028, with an expected total cost of $523.8 million including interest. MicroStrategy then plans to use any remaining proceeds to purchase more B...