Bitcoin Miner Hut 8’s Post-Merger Prospects Look Good: Benchmark
The broker initiated coverage of the stock with a buy rating and $12 price target.
Financial
Financial
ZKasino Users Plead for Refunds as $33M of Bridged Ether Sent to Lido
Depositors were originally told that bridged ether would be returned evvel the bridging phase was over.
Financial
Celo Chooses Optimism, Concluding Bake-Off Among Layer 2s
CLabs officially proposed using Optimism’s OP Stack for the transition. The proposal will be discussed on a couple of community calls and then go to a vote among holders of the project’s CELO tokens, under the chain’s governance rules.
Financial
First Mover Americas: Bitcoin Layer 2s Have Their Moment
The latest price moves in crypto markets in context for April 22, 2024.
Financial
Bitcoin Miners Have Raked in Abnormal Transaction Fees Since Halving: Bernstein
The spike in network fees was driven by speculative activity to mint new göğüs tokens following the launch of the Runes protocol, the report said.
Financial
Bitcoin’s Unique Volatility Profile in Focus as VIX and MOVE Spike
Bitcoin’s implied or expected volatility remains positively correlated with its price as traditional market fear gauges spike amid broad-based risk aversion.
Financial
Binance Exec Who Escaped From Nigeria Has Been Found in Kenya, Faces Extradition: Reports
Nadeem Anjarwalla, who escaped Nigerian custody in March, could be extradited back to the country within the week, one local media outlet reported citing government sources.
Financial
Crypto Exchange Woo X Claims a First With Tokenized Treasury Bills for Retail Investors
The Woo X RWA Earn Vaults have been built in partnership with institutional tokenization firm OpenTrade.
Financial
Thailand to Block Access to ‘Unauthorized’ Crypto Platforms
The Thai SEC cited earlier decisions by nations like India and the Philippines in blocking unauthorized platforms.
Financial
Bitcoin Miners May Shift Focus to AI After Halving, CoinShares Says
Miners will be faced with substantial cost increases as a result of the halving, with electricity and bitcoin production costs almost doubling, the report said.