Colorado-based Bitcoin mining firm Riot Platforms narrowed its second quarter net loss to $27.7 million as it ramped up its Bitcoin production and reached record hash rate capacity. The crypto miner posted total revenue of $76.7 million — up 5.2% from Q2 2022 — which was primarily driven by a 27% year-on-year increase in Bitcoin (BTC) production, offset by a […]

The TON price currently hovers at $1.28, representing a 4.54% price increase in the last 24 hours. Its price gain in the last 7 days stands at 7.58%. Toncoin is likely benefiting from the positive outlook of the global crypto market, standing at $1.18 trillion, representing a 1.42% gain in the last 24 hours. But how far can the rally […]

MuesliSwap, a decentralized exchange (DEX) on the Cardano network, has announced its decision to reimburse its users that have been affected by high slippage over the past year. This is in response to the recent questions faced by the protocol on its slippage feature. Slippage refers to the price difference between when a transaction order is submitted and when the […]

Coinbase’s Base network has officially launched after spending a few weeks in an “open for builders only” phase. The network is now ready to onboard users, according to an Aug. 9 announcement from the team. Several Web3 development teams have simultaneously announced that they are releasing apps for Base, and the network’s team has released a schedule of upcoming events […]

In a market that has been relatively quiet for weeks, Bitcoin (BTC) has suddenly sprung to life, with its Futures Open Interest (OI) reaching levels not seen since the FTX crash. Open Interest, a metric that measures the total number of outstanding futures that have not been settled, provides a glimpse into the trading activity and potential future price movements […]

Jonelle Still, the director of investigations and intelligence at CipherTrace, a Mastercard company, recently submitted a report supporting the defense in the United States v. Roman Sterlingov, a criminal case involving the Bitcoin Fog cryptocurrency mixing service.  The company’s involvement in the case comes at the behest of Sterlingov’s defense attorneys and includes a 41-page report detailing Still’s opinion on […]

A July report from cybersecurity certification platform CER found that only six of 45 cryptocurrency wallet brands, or 13.3%, have undergone penetration testing to find security vulnerabilities. Of these, only half have performed tests on the latest versions of their products. The three brands that have done up-to-date penetration tests are MetaMask, ZenGo and Trust Wallet, according to the report. […]

The Central Bank of Brazil has announced the official name for its digital currency – DREX. The acronym DREX stands for the elements of innovation: D – digital, R – real, E – electronic and X related to transactions on the Brazilian Pix platform. The Brazilian digital real will expand the population’s access to banking services, and it will be […]

Rollbit (RLB) deviated from the prevailing norms typically observed in cryptocurrency initiatives, deliberately and noticeably distinguishing itself. Instead of following the conventional practice of allocating a substantial amount of their coin supply for internal use, Rollbit opted for a different approach. This strategy exemplifies the crypto platform’s dedication to transparency and a distinct ideology pertaining to the allocation and application […]