BTC

Compass Mining Expands with 20 MW Hydro-Cooled Bitcoin Mining Facility in North Dakota

February 27, 2025 2 mins read

Compass Mining (“Compass” or the “Company”), a leading provider of Bitcoin mining hardware, hosting, and operational solutions, is pleased to announce the launch of a new 20-megawatt (MW) Bitcoin mining facility in North Dakota. The facility is equipped with the water-cooled Antminer S21 Hydro machines, with 5.5 MW of capacity already energized by Compass. The remaining machines will be phased in over the coming months to meet growing demand from Compass’s

Bitcoin Reserve bills face setbacks as Republican divisions grow

February 26, 2025 1 min read

Bitcoin Reserve bills are facing major obstacles. Several Republican-led states are turning down these proposals, despite some early backing. The split among GOP members has cast doubt on the future of these bills. Recently, about 30 states have attempted to pass laws to add Bitcoin to their state reserves. Use Bitcoin to protect against inflation. Experts say that if these bills pass, it could result in billions in Bitcoin purchases,

Acre Raises $4M at $90M Valuation, Unlocking Bitcoin-Native Compounding for BTC Holders

February 22, 2025 4 mins read

With its Bitcoin-in, Bitcoin-out model, Acre simplifies compounding for BTC holders while empowering decentralized networks with economic security. Acre, the first Bitcoin platform for compounding BTC, announced today the un-gating of its decentralized application (dApp) alongside a $4 million strategic funding round at a $90M fully diluted valuation. With over $100 million in Total Value Locked (TVL), Acre is the first platform designed to help Bitcoin holders securely compound their

Bybit exploited for $1.4 billion worth of ETH, CEO confirms

February 22, 2025 1 min read

Bybit, a cryptocurrency exchange, has experienced a significant hack. A hacker stole over $1.4 billion worth of Ethereum (ETH) and staked ETH. The CEO, Ben Zhou, confirmed the incident on X. He explained that the attacker exploited a vulnerability in the exchange’s ETH cold wallet. This hack is one of the largest in the crypto market. Following the news, several cryptocurrency prices dropped. Ethereum’s price lost some of its gains,

REDLINE LAB Announces Strategic Investment in Dojo Coding to Accelerate Web3 Talent Development in Latin America

February 22, 2025 3 mins read

REDLINE LAB, a leading Web3 and blockchain-focused technology firm, announces its pre-seed investment in Dojo Coding, Latin America’s premier Web3 developer training and incubation platform. This strategic investment will support Dojo Coding’s mission to bridge the global Web3 talent gap by transforming Latin American developers into world-class blockchain engineers and entrepreneurs. “Dojo Coding’s unique approach to developer training and incubation perfectly aligns with our vision for the future of Web3,” said Soren

$99 million was withdrawn from the liquidity pool of the Libra token

February 22, 2025 1 min read

A significant crypto scandal has emerged in Argentina involving the Libra token (LIBRA). Around $99 million worth of cryptocurrency was withdrawn from its liquidity pool, raising suspicions of insider involvement. Blockchain analytics firms, Chainalysis and Nansen traced these withdrawals to wallets associated with the token’s creator. Chainalysis found that eight wallets withdrew around $99 million from the liquidity pool. These wallets received tokens directly from the creator, showing a close

The 3 Best Cryptos to Buy in 2025, One Could 100x in Just Weeks

February 21, 2025 5 mins read

In the crypto space, one day, a coin is worth pennies. The next, it’s making millionaires. In 2025, three cryptos stand out: RCOF, TRX, and JUP. One of them might even skyrocket 100x in weeks. But which one has the biggest potential? Which one is the smartest pick right now? If you want to stay ahead, you need to know the best cryptos to buy. Ready to find out?   Some

Strategy (formerly MicroStrategy) issues $2 billion in convertible notes to buy more Bitcoin

February 20, 2025 1 min read

Strategy, formerly known as MicroStrategy, is issuing $2 billion in convertible senior notes. This funding will be used to buy more Bitcoin. The company has a history of accumulating Bitcoin through stock offerings. Michael Saylor, the CEO, mentioned that the firm did not buy any Bitcoin last week. This pause interrupted their usual buying trend. However, Strategy remains dedicated to its Bitcoin strategy. Since starting to acquire Bitcoin, the company

Bitget Launches A New Round of Global Builders Recruitment to Co-build the Bitget Ecosystem

February 20, 2025 4 mins read

Bitget, the leading cryptocurrency exchange and Web3 company, announced the expansion of its global recruitment initiative Bitget Builders Program which invites crypto enthusiasts from various backgrounds to co-build the Bitget ecosystem while unlocking exclusive benefits, event access, and growth opportunities.  Starting February 2025, the Bitget Builders Program will launch a long-term global recruitment of builders who are exploring deeply in blockchain industry and in line with Bitget’s vision of driving

U.S. states invest in Strategy stock to gain indirect exposure to Bitcoin

February 18, 2025 1 min read

Several U.S. states, such as California, Florida, Wisconsin, and North Carolina, are investing in Strategy stock, previously known as MicroStrategy. This investment allows them to gain indirect exposure to Bitcoin. Strategy’s aggressive approach to acquiring Bitcoin has boosted its stock performance. State pension funds view this as a way to benefit from Bitcoin’s long-term potential without directly buying the cryptocurrency. California is leading these investments. The State Teachers Retirement System

Strategy’s STRK becomes the top-performing US-listed perpetual security

February 17, 2025 1 min read

Strategy’s STRK has emerged as the leading US-listed perpetual security since its launch in 2022. It made a strong debut, quickly outperforming similar securities in both price and liquidity. STRK initially surged to $100 but later stabilized around $48. Its trading volume is seven times higher than the average for comparable securities. On February 15, MicroStrategy founder Michael Saylor praised STRK’s rapid growth and high demand. He pointed out that

Indian officials seize $190M in assets amid BitConnect Ponzi scheme

February 17, 2025 1 min read

Indian officials have seized around $190 million, or approximately Rs 1,646 crore, during an investigation into the BitConnect cryptocurrency fraud. This investigation is led by the Enforcement Directorate (ED) in Ahmedabad. It is part of a broader inquiry into a global Ponzi scheme that collapsed in 2018. The ED announced that it began its investigation under the Prevention of Money-Laundering Act (PMLA). This inquiry is based on FIRs filed by