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Bitcoin miner Hut 8 lands $150M investment amid AI boom

Coatue Management invested $150 million in the Bitcoin miner Hut 8 Corp. due to its capability to power generative AI applications with its high-performance computing.

Why are traders shorting Michael Saylor’s MicroStrategy?

Short sellers are targeting MicroStrategy stock, but what is the reasoning behind it?

Tether halts USDT minting on EOS and Algorand

Tether discontinues support for the EOS and Algorand implementations of its flagship stablecoin USDT.

Coinbase is the most impersonated crypto brand by scammers: Report

Although Coinbase continues to be the most impersonated brand in the crypto industry, Meta was targeted by over 25 times as many scammers as the exchange.

Web3 gaming is ‘rocket ship’ ready to blast off, say industry execs

The Decentralize with Cointelegraph podcast interviews gaming executives from five Web3 projects to learn everything there is to know about blockchain games.

Ether restaking’s biggest risk is lack of understanding around asset looping — Haven1

Ether restaking is a “robust financial tool,” but investors need to understand the number of loops they are adding.

CoinShares secures 116% return from FTX claim sale

CoinShares will reinvest $39.78 million from the sale of its FTX claim into growth opportunities and enhanced client services.

TON ecosystem flooded with phishing attacks, SlowMist warns

The founder of SlowMist has warned that the Telegram messenger ecosystem is “too free” for exploiters of the TON ecosystem.

Mt. Gox trustee to start Bitcoin, Bitcoin Cash repayments in July

After a decade of anticipation, July might finally bring restitution to the users of the now-defunct Mt. Gox exchange.

Bitcoin and Ethereum transaction fees plummet to lowest level in 7 months

In 2024, Bitcoin transaction fees have stayed relatively low, particularly since the April Bitcoin halving, which reduced the BTC mining reward by half.

Can $60K BTC price support hold? 5 things to know in Bitcoin this week

Bitcoin sentiment is taking a serious beating after BTC price weakness sees six-week lows return.

South Korean think tank cautions against crypto ETFs

South Korean researcher Bo-mi Lee highlights crypto volatility and risks, calling for more research and regulatory measures.

Japan’s Metaplanet plans 1B yen bond sale to buy more Bitcoin

If it could buy the Bitcoin today, Metaplanet’s total Bitcoin holdings would be 241 Bitcoin, worth around $15 million.

Bitcoin falls below $63K after BTC whale transactions drop 42%

Bitcoin transactions worth $100,000 or above have significantly fallen over the past two days. Meanwhile, Bitcoin has retraced below $63,000.

Ethereum could fall 30% after spot ETH ETFs launch — Crypto VC

Mechanism Capital’s Andrew Kang believes an Ether ETF would provide limited upside for the asset unless Ethereum “develops a compelling pathway to improve its economics.”

Bitcoin Lightning hacker Burak introduces new layer 2 ‘Brollups’

The Bitcoin developer says Brollups can support more than 90% of decentralized finance use cases, from NFT sales to token orders on DEXs.

Asset tokenization to reach $2T by 2030 despite ‘cold start’ — McKinsey

Tokenized financial assets have seen a slow start, and broad adoption is “far away,” but McKinsey analysts predict some will take off faster than others.

Dogwifhat falls out of top 50, tumbles 38% over past 7 days

Dogwifhat saw the steepest seven-day price decline among the top 100 cryptocurrencies by market cap but remains in fourth place among memecoins.

Bitcoin offers ‘economic immortality,’ will reach $10M per coin— Michael Saylor

Saylor’s comments came during a wide-reaching discussion with Bitcoin podcast host Robin Seyr.

Bitcoin price loses ground as TON, PEPE, KAS and JASMY catch traders’ attention

TON, PEPE, KAS, and JASMY could attract buying if bears fail to pin Bitcoin below $64,602.

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