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Iridium News (Page 5)

Wall Street Bitcoin Miner’s Net Loss Surges over 90% in Q3 2024

Riot Platforms (NASDAQ:RIOT), the third largest Bitcoin mining company on Wall Street, reported a significantly wider net loss in the... Read more

Posted by financemagnates.com 2 months ago

Fortune Claims Polymarket Is 'Rife' With Wash Trading

As much as a third of the prediction market's volume is inflated by traders buying and selling the same shares... Read more

Posted by coindesk.com 2 months ago

dYdX lays off 35% of staff shortly after major Consensys cuts

The decentralized crypto exchange laid off more than a third of its workforce on the same day Ethereum development firm... Read more

Posted by cointelegraph.com 2 months ago

Bitcoin Facing Potentially Destructive ‘Vampire Attack’ by Third Parties

Duo Nine, the founder of YCC, alerted others about an ongoing vampire attack on Bitcoin, which Satoshi Nakamoto foretold in... Read more

Posted by bitcoin.com 2 months ago

Willy Woo Says Altseasons Will Get Weaker and Weaker Each Market Cycle – Here’s Why

Veteran on-chain analyst Willy Woo says that altcoins will get continuously less explosive over time as the crypto market matures.... Read more

Posted by dailyhodl.com 2 months ago

Willy Woo on Altcoins: ‘Retail May Be Getting It’

Trader Willy Woo reflected on market trends and the behavior of altcoins in what he called this third alt-cycle. This... Read more

Posted by bitcoin.com 2 months ago

JPMorgan Chase, Citi Lose $939,399 As Insiders Steal Cash, Sell Customers’ Sensitive Data: US Bank Regulator

A US regulator is accusing three bank employees of triggering nearly $1 million in losses at JPMorgan Chase and Citi.... Read more

Posted by dailyhodl.com 2 months ago

Satoshi Nakamoto Statue Revealed at Lugano’s Annual Blockchain Event

At the third annual Plan ₿ Forum in Lugano, Switzerland, a statue dedicated to Bitcoin creator Satoshi Nakamoto was unveiled... Read more

Posted by bitcoin.com 2 months ago

‘Deep Chainsaw’ Sinks Deeper as Milei Axes Tax Enforcer in Argentina

President Javier Milei has taken yet another step in reducing the size of the state. Through the President’s Office X... Read more

Posted by bitcoin.com 2 months ago

Manta Pacific Sees 40% Surge In Daily Active Addresses, Ranks Third Among Layer 2 Networks

Manta Pacific has experienced significant growth in activity, with nearly 140,000 daily active addresses on the chain, marking a 40%... Read more

Posted by themerkle.com 2 months ago

ANZ to Kickstart Chainlink Private Transactions Protocol in RWA Boost

The private transactions allow institutional users to define privacy conditions in a way that keeps onchain data private from all... Read more

Posted by coindesk.com 2 months ago

Wall Street Bitcoin Miner Expands to Ethiopia to Combat 170% Surge in Production Costs

The publicly-listed Bitcoin (BTC) miner from Wall Street, BitFuFu (NASDAQ: FUFU), announced today (Tuesday) its plans to acquire a majority stake in... Read more

Posted by financemagnates.com 2 months ago

Ledn’s retail loans surge 225% amid rising digital asset demand

Crypto lender Ledn said it processed $506 million in loan transactions during the third quarter, according to an Oct. 21... Read more

Posted by cryptoslate.com 2 months ago

BlackRock’s Bitcoin fund IBIT hits top 3 US ETFs by inflow for 2024

iShares Bitcoin Trust ETF (IBIT) recorded over $1.1 billion in new cash inflows last week, marking its strongest performance since... Read more

Posted by cryptoslate.com 2 months ago

Bitcoin ETFs a Bane for Crypto Startups as VC Deals Drop 20%

Venture capital (VC) investment in crypto and blockchain startups decreased in the third quarter of 2024. This decline is partly... Read more

Posted by bitcoin.com 2 months ago

Memecoins drove Tron network revenue to new high over Q3: Messari

Nearly a third of Tron’s record $151 million quarterly revenue came from its new memecoin launchpad SunPump over a two... Read more

Posted by cointelegraph.com 2 months ago

Crypto Venture Investment Falls 20% in Q3, AI Startups Defy Trend

Venture capital investment in the crypto sector continued to decline in the third quarter of 2024, following a persistent downtrend that began... Read more

Posted by financemagnates.com 2 months ago

Crypto Venture Investments Fall 20% in Q3, AI Startups Defy Trend

Venture capital investment in the crypto sector declined in the third quarter of 2024, following a persistent downtrend that began earlier... Read more

Posted by financemagnates.com 2 months ago

Kraken and Formula 1 Williams Racing Extend Partnership

Crypto exchange Kraken and Formula 1 Williams Racing extended their partnership through the 2025 season. This collaboration, which began in 2023, aims... Read more

Posted by financemagnates.com 2 months ago