Bitcoin mining stocks experienced widespread declines Wednesday, with most major publicly traded firms in the sector in the red. Bitcoin Mining Stocks See Red Across the Board Galaxy Digital Holdings, leading by market capitalization at $6.64 billion saw its shares drop 11.33% this afternoon and 14.11% over the last five sessions, even as it’s up […] Original
Cork Protocol, a decentralized finance (DeFi) platform, was hit by a smart contract exploit on May 28, resulting in the loss of roughly $12 million in digital assets. Cybersecurity firm Cyvers said the hack occurred at 11:23:19 UTC and was funded by an address ending in “762B.” According to the firm, the attacker used the exploit to steal roughly 3,761 Wrapped Staked Ether (wstETH), which was converted to Ether (ETH) almost immediately after the attack. “We are investigating a potential exploit on Cork Protocol and are pausing all contracts. We…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Dogecoin is currently trading around critical levels, consolidating just below the key $0.25 resistance zone. After a period of relative calm, momentum is beginning to build as bullish sentiment…
Wednesday morning U.S. hours saw a modest acceleration in crypto’s pullback from the recent big move higher, with bitcoin stumbling nearly 2% to just above the $107,000 level. Altcoins fared worse, with XRP , solana and dogecoin among those sporting declines in the 3%-5% range. Among crypto-related stocks, the bitcoin miners were hardest hit, with MARA Holdings (MARA), Riot Platforms (RIOT) and Hut 8 (HUT) each lower by nearly 10%. Bitcoin treasury companies were also showing sizable losses, led by GameStop (GME), down 11% after announcing the purchase of just…
Norway-based K33 firm has raised $5.6 million from insiders to acquire Bitcoin. Norwegian digital asset company K33 became the latest firm to join the Bitcoin (BTC) train. On Wednesday, May 28, the company announced it secured 60 million Swedish krona, worth about $5.6 million, for its Bitcoin treasury. To fund the acquisition, the Oslo-headquartered company, which is listed on Nasdaq First North in Stockholm, issued 150.56 million new shares worth 15 million SEK. K33 also issued 301.12 million free warrants valued at 45 million SEK. According to the company, the…
Key Notes FCA invites public input on stablecoin and crypto custody regulations. Deadline for submitting feedback is July 31, 2025. Rules aim to boost market integrity and prevent crypto firm failures. The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA) has asked the public to provide feedback on proposed regulations on cryptocurrency and stablecoins. The FCA announced this update in a May 28 press release, outlining new proposals that businesses must comply with before launching stablecoins or providing crypto custody services. In the statement, the UK financial regulator highlighted…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io I make $100 a month mining Bitcoin on my personal computer and so can you. In this video, I explained how to mine Bitcoin on any computer. Bitcoin Mining or any sort of passive income is often seen as something that requires an initial investment. However, nowadays anyone can passively mine Bitcoin on their personal computer. There are several different websites that you can mine Bitcoin on (I use Nicehash). Once you have signed up, you can download the provided application that…
AI coin Render RENDER $4.68 24h volatility: 5.0% Market cap: $2.42 B Vol. 24h: $231.16 M saw its price drop more than 8% following a misunderstanding triggered by Coinbase’s announcement to delist the Ethereum-based RNDR token. However, the newly launched Solana-based RENDER token continues to be fully supported by the exchange. Despite this, the announcement caused significant market impact, pushing RENDER’s price down 8% to $4.50. Meanwhile, daily trading volume increased 170% to nearly $200 million, indicating strong selling pressure and a bearish mood among traders. RENDER Investors Panic Sell…
Key points: Markets increasingly see fewer Fed rate cuts this year, with the first only coming in September. Despite potential labor market weakness to come, crypto and risk assets lack an overall bullish catalyst, analysis says. BTC/USD continues to drop toward new multiday lows. Bitcoin (BTC) sold off at the May 28 Wall Street open as markets continued to price out US interest rate cuts. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView BTC price retreats with Fed rate cut bets Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping below $108,000…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Investors betting on XRP reaching $8 before year’s end may want to take a step back, according to a well-known commentator in the community. Related Reading XRP analyst Xena…