Day: February 8, 2025

Cleanspark Achieves $162 Million in Revenue at $34,000 per Bitcoin Mining Cost

2025-02-08 By admin

Bitcoin mining firm Cleanspark reported $162.3 million in Q4 2024 revenue, a 120% year-over-year increase. With 10,500 BTC in reserves and a mining cost of $34,000 per bitcoin, the company is expanding operations across the U.S. Cleanspark’s Bitcoin Treasury Grows to 10,500 BTC Cleanspark has announced the release of its Q4 2024 financial results, reporting […]

Coinbase Quietly Becomes a Banking Giant—Now Bigger Than Most US Banks

2025-02-08 By admin

Coinbase is transforming into a financial giant, rivaling banks and brokerages with $420 billion in assets. CEO Brian Armstrong envisions a future where crypto dominates financial services. Coinbase Surpasses Banks, Envisions a Unified Crypto-Powered Financial System Coinbase (Nasdaq: COIN), the largest publicly traded cryptocurrency exchange in the U.S., has quietly expanded its role in the […]

Ripple: Congress Crypto Clarity Push Is ‘100% a Big Deal’—A Shift Like Never Before

2025-02-08 By admin

Top U.S. lawmakers have pledged to pass crypto legislation, marking an unprecedented shift toward regulatory clarity. Ripple calls it “100% a big deal” amid industry optimism. Ripple Says ‘100% a Big Deal’—Congress Makes Historic Move for Crypto Clarity U.S. lawmakers are advancing efforts to establish clear regulations for the cryptocurrency industry, following directives from President […]

Franklin Templeton’s Crypto Index ETF Edges Closer to SEC Approval

2025-02-08 By admin

Franklin Templeton’s crypto ETF is set to offer institutional investors regulated exposure to bitcoin and ether, pending SEC approval, with secure custody and no staking risks. Franklin Crypto Index ETF Awaits SEC Approval, Plans to Trade on Cboe BZX Exchange Franklin Templeton filed Amendment No. 2 to its Form S-1 Registration Statement with the U.S. […]

Kanye West Wants to Discuss Crypto With Brian Armstrong

2025-02-08 By admin

Hip hop mogul and self-proclaimed billionaire Kanye West wants to chat with Coinbase CEO Brian Armstrong about purchasing crypto “without a middle man,” according to a Friday post by the rapper on X. It’s unclear if West currently owns any crypto, but back in 2014, he took legal action against an early memecoin project dubbed […]

New Stablecoin Aims to Bring Regulatory Compliance to Nigeria’s Digital Economy

2025-02-08 By admin

A coalition of software firms recently launched Nigeria’s first compliant stablecoin, cNGN, which is now included in the Nigerian Securities and Exchange Commission incubation program. Stablecoin to Bring ‘Stability’ to Nigeria’s Digital Economy A coalition of software firms recently launched what has been described as Nigeria’s first “compliant” stablecoin, cNGN. The stablecoin, which is now […]

Tornado Cash Developer Alexey Pertsev Walks Free

2025-02-08 By admin

In a positive turn of events, the court released the 31-year-old developer and placed him under house arrest and electronic monitoring until his trial. Tornado Cash’s Alexey Pertsev Regains Freedom Following Court Decision After languishing in a Dutch jail for nine months, Alexey Pertsev, one of the developers of the cryptocurrency mixer Tornado Cash, was […]