Cryptocurrency

Cryptocurrency is digital money that works online. It lets people send and receive payments directly without banks. It runs on secure networks called blockchains, making it fast and global.

Ellipsis Labs Gets $21M to Create a Blockchain Atlas with a Finance Focus

Sahil Poudel

SUMMARY The decentralized exchange Phoenix on Solana was developed by Ellipsis Labs, which has raised $21 million in a fundraising ...

CryptoQuant CEO Predicts Bitcoin Will Become a Currency by 2030

Sahil Poudel

Summary CryptoQuant CEO Ki Young Ju believes Bitcoin will become considerably stable and less volatile by the next halving event ...

Ethiopia’s Bitcoin Mining Surge: Powering the Future

Sahil Poudel

Ethiopia’s Emerging Hub Ethiopia has become a Bitcoin Mining Hub, with power consumption of 600MW, with 5200MW installed capacity. This ...

Radiant Capital Exploiter Moves $52M to Ethereum Network

Sahil Poudel

Summary An attacker moved $52 million in stolen cryptocurrency assets onto the Ethereum network after breaching DeFi lender Radiant Capital, ...

Crypto Startup Layer Secures $6M to Solve Smart Contract Limitations

Sahil Poudel

A blockchain infrastructure startup, Layer, has successfully raised $6 million in a seed funding round. This project is led by ...

Bhutan Turns to Bitcoin Mining for Economic Self-Reliance

Sahil Poudel

Bhutan, a small kingdom in south asia, is using bitcoin mining as a part of its strategy to obtain economic ...

Over $100 million is lost by a Malaysian electricity company as a result of illicit bitcoin mining.

Sahil Poudel

In brief Tenaga Nasional Berhad (TNB), Malaysia’s national electrical provider, has disclosed losses resulting from illicit Bitcoin mining activities of ...

Riot Platforms Draws Top-Tier Partners for AI Initiatives Despite Q3 Losses

Anmol Khatiwada

Summary Riot platform’s CEO showed major interest towards “blue-chip” companies that are looking to partner with Bitcoin miners on AI ...

Users Are Encouraged to Secure Wallets After $52M Is Transferred to Ethereum in Radiant Capital Hack

Sahil Poudel

Summary A recent sophisticated hack at Radiant Capital led to the theft of $52 million worth of cryptocurrency assets. Radiant ...

Flare from Google Cloud Offers Cheap Blockchain Nodes

Sahil Poudel

In conclusion, Web3 developers can now easily and economically install blockchain nodes with Flare Network’s Blockchain Machine Images on Google ...