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The Hong Kong Monetary Authority (HKMA) published its Q1 2024 statistics on Stored Value Facilities (SVF) schemes, revealing significant growth in SVF accounts and transaction values. (Read More)
Despite Bitcoin’s difficulty reaching an all-time high at 46.84 trillion, participants in bitcoin mining have kept the hashrate running stronger than ever before. According to statistics, on March 23, 2023, the hashrate reached a high of 400 exahash per second (EH/s). The 400 exahash equates to 0.4 zettahash or four hundred quintillion hashes per second. [...]
The post Bitcoin Hashrate Reaches 400 Exahash per Second, Researcher Says Network Could Reach Zettahash Era by 2025 appeared first on Crypto Breaking News.
Tetra Trust updated it has partnered with KNØX Capital Inc. and KNØX Industries Inc. (known as Knox). Tetra is providing institutions with the ability to store crypto-related products in a regulate...
On January 27, Mercuryo, a global crypto payments company based in London, announced that more than 2 million users have used its multicurrency wallet service.
On January 19, Bakkt Holdings Inc announced a partnership with Nexo, a cryptocurrency-backed loan platform, to custody crypto assets in the Bakkt warehouse.
Read Tuesday's breaking news in the daily digest!
Read Tuesday's breaking news in the daily digest!
Marathon Digital Holdings, a publicly-listed bitcoin mining company, has recently revealed that it was served with a subpoena by the U.S. Securities and Exchange Commission (SEC) in relation to an investigation concerning the firm’s Montana mining facility. The SEC is reportedly looking into potential violations of federal securities law. Marathon’s Montana Mining Facility Under SEC [...]
The post Bitcoin Miner Marathon Receives Second SEC Subpoena in Connection to Montana Mining Facility Investigation appeared first on Crypto Breaking News.
According to data recorded on July 9, 2023, Bitcoin’s next difficulty adjustment is estimated to rise between 4.74% and 7.7%, erasing the 3.26% reduction that occurred on June 28. Moreover, the total network hashrate achieved a 24-hour all-time high on July 8, reaching 538 exahash per second (EH/s) at block height 797,733. Record-Breaking Bitcoin Difficulty [...]
The post Bitcoin Mining Difficulty Set to Surge: Record-Breaking Increase Looms, Erasing Recent Reduction appeared first on Crypto Breaking News.
Bitcoin (BTC) mining firm Marathon Digital reported a quarterly record of 2,195 BTC mined over the first quarter of 2023, currently worth around $62 million. Marathon explained in an April 3 update that the 2,195 mined BTC is a 74% increase from the first quarter of last year and a 41% increase from Q4 2022. [...]
The post Marathon Digital posts quarterly record of 2,195 Bitcoin mined in Q1 appeared first on Crypto Breaking News.
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