Bitcoin mining firm Marathon Digital has confirmed it mined an invalid  Bitcoin (BTC) block during an “experiment” aimed at optimizing the firm’s operations. In a Sept. 27 post, Marathon said it utilizes a small percentage of the firm’s hashrate toward these experiments and stressed they weren’t trying to alter the network in any way: “In no way was this experiment an […]

Even with the Cardano network hitting seeing good metrics over the last month, the ADA price has remained rather stale in its performance. However, this trend might soon change for the digital asset as multiple developments have emerged that could fast-track its recovery. Cardano Whales Go To Market It is no secret that Cardano whales have often doubled down on […]

Banking juggernaut JPMorgan confirmed that its retail arm, Chase, will block all crypto-related payments for its customers in the United Kingdom. British customers will not be able to purchase crypto assets on a Chase debit card or by transferring money to a crypto platform from a Chase account starting October 16, the bank said in a statement. “If we think […]

United States Rep. Tom Emmer has spoken out against Securities and Exchange Commission chairman Gary Gensler during a hearing at the House Financial Services Committee on Sept. 27. According to the lawmaker, Gensler has been loyal to Wall Street “at the clear expense of innovation, competition, and everyday Americans.”  Over the course of a 4-minute questioning, Emmer hinted at Gensler’s […]

In this week’s newsletter, check out Glassnode data that shows nonfungible token (NFT) protocol Bitcoin Ordinals may not be clogging the network. Read about British politicians using the metaverse to discuss opportunities and challenges in Web3, and find out why Rolling Stone says NFTs are “finally totally worthless.” And don’t forget this week’s Nifty News, featuring world-renowned artist Takashi Murakami […]

In a recent discussion with Kitco News, Kristina Hooper, the Chief Global Market Strategist at Invesco, shared her insights on the current economic landscape in the United States and its implications for the gold market. Hooper expressed skepticism about the Federal Reserve’s optimistic outlook for a smooth economic transition, suggesting that the U.S. is more likely to experience a turbulent […]

Michael Egorov, the founder of decentralized finance (DeFi) protocol Curve, recently settled his loans on the lending platform Aave, reducing his debt to $42.7 million across other DeFi protocols.  According to the on-chain analytics platform Lookonchain, the Curve founder deposited 68 million CRV tokens, worth $35.5 million, to lending protocol Silo and borrowed 10.77 million in crvUSD stablecoin in the […]

The Writer’s Guild of America (WGA) strike is set to officially end as leaders approved a tentative deal with entertainment studios in Hollywood, part of which includes artificial intelligence (AI) usage in the industry. After nearly five months, the strike, which began on May 2, 2023, was pronounced over at 12:01 am PT on Wednesday, Sept. 27, 2023, as reported […]

A Buenos Aires-headquartered oil company, Tecpetrol, has decided to convert excessive gas into energy for cryptocurrency mining.  As reported by local media on Sept. 24, Tecpetrol will launch its first gas-powered crypto mining facility in the Los Toldos 2 Este region, located north of Vaca Muerta in the Argentine Patagonia. The company claims its approach would allow it to advance […]