Focuses on cryptocurrencies designed to provide privacy and anonymity for transactions, including technical developments and market movements.
Monero ($XMR) surged nearly 5%, hitting over $164, making it the best-performing cryptocurrency among the top 100 by market cap in the last 24 hours. Despite regulatory hurdles, its adoption is growing with integrations like Cake Wallet. #CryptoNews #Update
“Terra Luna Classic ($LUNC) debates increasing burn tax from 0.5% to 1.5%. Proposal aims to accelerate burns but faces concerns over exchange support. LUNC price recently dipped 3%, now at $0.00008094. #Update #CryptoNews”
WhiteBIT launches WhitePool, a Bitcoin mining pool now in the top 15 globally. It features a user-friendly interface, 24/7 support, and an automated reward system. VIP program offers lower fees and perks for top miners. #CryptoNews
This week, crypto funding highlights include Riot Platforms’ $92.5M acquisition of Block Mining, NPC Labs’ $18M raise led by Pantera Capital, and Caldera’s $15M to simplify Ethereum rollups. Total VC funding exceeds $210M with other key raises from aPriori, Mezo, and OpenSocial.
Sen. Elizabeth Warren warns of foreign crypto miners, including Chinese entities, spying on U.S. military bases and risking national security. She calls for stricter oversight and anti-money laundering measures. One example: MineOne Partners Ltd., banned from land near a Wyoming base. #NationalSecurity
$SATS surged 18.5% to $0.00033, leading gains among altcoins after Bitcoin jumped 4% to $66,968. $AAVE rose 10% to $102.6, $XMR increased 8.5% to $168.7, and $ORDI climbed 11.6% to $38.5. #Crypto #Update
Riot Platform has acquired Block Mining for $93 million, boosting its self-mining hashrate by one exahash per second, enhancing competitiveness and solidifying its position in the cryptocurrency mining sector.
Riot Platforms (@RiotPlatforms) acquires Block Mining for $92.5M, increasing its Bitcoin mining capacity by 60 MW, with plans to reach 110 MW by 2024. This boosts total capacity to 2 GW, aiming for a 16 EH/s hash rate by 2025. #Update #BitcoinMining
Riot Platforms, Inc. acquires Block Mining, Inc. for $92.5M to boost hash rate. The deal includes 60 MW capacity, aiming to hit 100 EH/s by 2025. Analysts raise 2024 revenue estimates to $344.2M. #CryptoNews #Update
Senator @CynthiaMLummis opposes a 30% energy tax on Bitcoin miners, arguing it risks pushing the industry overseas and stifles innovation. Up to 52.6% of Bitcoin mining is emissions-free, and the tax targets even off-grid sources. #CryptoNews
?? The Russian parliament passes a bill to use crypto for international trade and legalize crypto mining, effective Sept 1, 2024. This move aims to counteract Western sanctions and boost trade with China, India, and Turkey. #CryptoNews #Update
Solana ($SOL) jumps 33.78% in 30 days to $180.76, but analysts warn of a potential downturn. Rollblock ($RBLK) draws investors with its DeFi casino model, offering 30% weekly profits and predicting 800% surge. Currently priced at $0.017. #Update
Zcash community approves allocating 20% of block rewards to a decentralized grants system, enhancing development and community involvement. The “Lockbox for Decentralized Grants Allocation” proposal received 63% approval. This marks a major step towards decentralization. #Zcash #Update
Hackers are exploiting vulnerabilities in older Rejetto HFS versions to install Monero mining malware. AhnLab highlights attacks using XMRig, XenoRAT, and Gh0stRAT. Rejetto warns against using versions 2.3m-2.4. #CyberSecurity #Update
