Category: CryptoX News

KK Miner’s cloud mining contracts promise investors $840 in BTC daily

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin Surges Past $65,000, Boosting Profits for KK Miner Cloud Mining Investors up to $840 Daily. Recently, Bitcoin has once again broken through the $65,000 mark, showing an upward trend after the recent decline. This trend not only delighted direct Bitcoin investors, but also a group of indirect Bitcoin investors who invested in KK Miner cloud mining contracts. According to investigations, KK Miner’s cloud mining contracts have allowed some…

Chinese Billionaire Convicted of Racketeering and Wire Fraud in US

Exiled Chinese billionaire Guo Wengui, also known as Miles Guo, has been convicted by a U.S. jury on charges including racketeering conspiracy and wire fraud. Guo defrauded followers of over $1 billion, primarily through false investment schemes in cryptocurrency. U.S. Attorney Damian Williams stated that Guo faces decades in prison. His fraudulent activities funded a […] Source CryptoX Portal

Copper adds support for token standards on the Internet Computer Blockchain

Copper, a digital asset custodian, has enhanced its collaboration with the DFINITY Foundation. This development allows institutions to securely manage assets like ckBTC, a multi-chain Bitcoin twin, alongside other chain-key tokens such as ckETH and ckUSDC. It will also provide institutional investors with secure custody and staking of Internet Computer (ICP) assets on Copper’s platform. This partnership brings access to the Service Nervous System (SNS) and Internet Computer Request for Comments (ICRC) token standards, marking a new phase of institutional involvement with the ICP ecosystem. Blockchain interoperability Chain Fusion technology…

Messari’s pro-Trump CEO Ryan Selkis steps down after controversial tweets — here’s what happened

How Ryan Selkis’s tweets escalated from personal grievances to staunch political statements to, ultimately his exit Ryan Selkis, the founder and now ex-CEO of Messari, has abruptly resigned following a torrent of incendiary and controversial tweets that rocked the crypto community. Announcing his decision on July 19, Selkis cited his desire to focus on crypto policy and national issues, stepping down after days of intense public backlash. Selkis’s sudden exit leaves Messari at a crossroads, with Chief Revenue Officer Eric Turner stepping in as interim CEO. Known for his sharp…

Did the global IT outage affect crypto?

While the facts surrounding this global IT outage are still being determined, one thing is clear: centralization can have serious consequences. On June 19, the world was rocked by an extensive and unprecedented outage — with countless Windows computers rendered useless by the dreaded “blue screen of death.” The disruption proved widespread, with businesses and consumers in India, Germany, Australia, Spain, the U.K., and the U.S. just some of those affected. Something super weird happening right now: just been called by several totally different media outlets in the last few…

KPMG Establishes Strategic Alliance With Cryptio

KPMG LLP, the U.S. audit, tax, and advisory firm, has announced a strategic alliance with Cryptio, a crypto accounting software platform. This collaboration aims to help companies establish controls for better accounting of crypto assets, meeting US GAAP accounting and reporting obligations. The alliance will empower enterprises and institutions to navigate the complexities of the […] Source CryptoX Portal

Bitcoin eyes $67k amid CrowdStrike outage debacle 

While traditional systems raced to resolve the CrowdStrike outage, Bitcoin and the cryptocurrency market climbed upward. Decentralized technology once again made a case for itself on Friday as a global IT outage disrupted banks, media, travel, and a litany of everyday operations.  Web3 markets boomed as Web2 activity slowed to a crawl in some parts of the world, with over 150 million people reportedly affected. Pro-crypto U.S. Senator Cynthia Lummis leveraged the situation to remind the public of Bitcoin’s (BTC) ability to run seamlessly and bypass centralized points of failure.  Do…

Momint Secures Grant from Dfinity Foundation for Global Blockchain Expansion

Momint, a Web3 startup, is poised for global expansion after securing a $50,000 grant from the Dfinity Foundation. This Swiss non-profit organization, known for its blockchain R&D, awarded the grant through the Internet Computer Protocol (ICP) Hub of Southern Africa. Momint plans to integrate ICP blockchain technology into its operations, enhancing its global reach and […] Source CryptoX Portal

Is BTC Ready For $140,000?

Bitcoin is in an uptrend, but events in the daily chart show pockets of weakness. Though BTC is stagnant, analysts are upbeat, expecting prices to rise in the days to come. Is Bitcoin Ready To Rip Higher: Analyst Says Bulls Are Eyeing $140,000 Taking to X, one analyst has picked out an unusual development: In the weekly chart, the Bitcoin Bollinger Bands (BB) is currently at their tightest level in history. Besides April 2016 and July 2023 events, the Bitcoin BB is tightening, forming a squeeze. Related Reading Since BB…

Creating BTC Growth Points: GoMining Vision

From the early days of pizzas costing thousands of bitcoin to astronomical growth and increasing acceptance around the world, Bitcoin has been on quite a journey. The most recent “earthquake” was the 2024 bitcoin halving, which has forced companies to adapt to a new mining landscape. This article aims to examine the present bitcoin market, […] Source CryptoX Portal