Category: Million
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Bitcoin (BTC) Price Slips Below $54K, Triggering Almost $700 Million in Liquidations
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Long summary Bitcoin has dropped below $55,000, now trading at $54,200, likely influenced by several factors. The market crash resulted in $670 million in liquidations, with the largest liquidation request occurring on cryptocurrency exchange Binance. The flagship cryptocurrency continues its free fall, dropping below the $54,000 level today (July 5).…
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Bitcoin (BTC) Price Slips Below $54K, Triggering Almost $700 Million in Liquidations
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Long summary Bitcoin has dropped below $55,000, now trading at $54,200, likely influenced by several factors. The market crash resulted in $670 million in liquidations, with the largest liquidation request occurring on cryptocurrency exchange Binance. The flagship cryptocurrency continues its free fall, dropping below the $54,000 level today (July 5).…
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UK car market sees first million sales since pandemic, driven by hybrids over fully electric vehicles
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The UK car market has reached a significant milestone, with new car registrations exceeding one million in the first half of 2024, the first time this has happened since pre-pandemic 2019. This renaissance includes a significant increase in the market share of electric vehicles. However, sales of plug-in hybrids and…
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US Court Orders Hedge Fund Owner To Pay $84 Million
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In the crypto world, a federal judge in Chicago has ordered Oregon resident Sam Ecorti and his related companies to pay more than $120 million to victims of what the Commodity Futures Trading Commission (CFTC) described as a “Classic Ponzi scheme.” The ruling, issued by Judge Mary Rowland on July…
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German Government Moves Over $75 Million in Bitcoin to Exchanges
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The German government has moved another portion of its massive Bitcoin reserves to exchanges. according to Blockchain DataOn July 4, the German Federal Criminal Police Office (BKA) moved nearly $75 million worth of Bitcoin across multiple transactions. The funds were distributed across exchanges including Coinbase, Kraken, and Bitstamp. This comes…
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German Government Moves Over $75 Million in Bitcoin to Exchanges
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The German government has moved another portion of its massive Bitcoin reserves to exchanges. according to Blockchain DataOn July 4, the German Federal Criminal Police Office (BKA) moved nearly $75 million worth of Bitcoin across multiple transactions. The funds were distributed across exchanges including Coinbase, Kraken, and Bitstamp. This comes…
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TSA braces for record July 4th weekend with over 3 million travelers taking to the skies
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Nicole Lindsay thought she could beat Peak travel on weekends By booking an early morning flight, but it didn’t work out that way. “I thought it wouldn’t be that busy, but it turned out to be very busy,” said the Baltimore resident as she took her three daughters through Palm…
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Imperial College London launches new lab, backed by £1 million from the IOTA Foundation
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The facility is developing bias-free, circular AI algorithms for industrial robotics and electric vehicles, battery product passports, predictive analytics tools to detect pollution from offshoring, and more. IOTA Foundation just launched Advertise Opening of a new research facility, the Imperial IOTA Infrastructure Lab (I3-Lab), at Imperial College London. The lab…
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Imperial College London launches new lab, backed by £1 million from the IOTA Foundation
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The facility is developing bias-free, circular AI algorithms for industrial robotics and electric vehicles, battery product passports, predictive analytics tools to detect pollution from offshoring, and more. IOTA Foundation just launched Advertise Opening of a new research facility, the Imperial IOTA Infrastructure Lab (I3-Lab), at Imperial College London. The lab…
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Is Bittensor Safe? Network Halted After $8 Million Vanishes From Security Breach
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The cryptocurrency world took another hit this week as Bittensor, a prominent AI-focused project, was forced to shut down its network after a series of wallet hacks. Investigators suspect a private key leak may have been to blame, raising concerns about the security of the entire cryptocurrency ecosystem. On July…
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Coinbase Bags $32 Million Contract From DOJ For Handling Confiscated Crypto
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In a significant development, the U.S. Department of Justice’s Asset Forfeiture Division, the U.S. Marshals Service, has selected Coinbase as a custodial provider for large-cap digital assets. Coinbase recently announced the partnership. Blog posthighlighting the agency’s selection of Coinbase Prime to provide advanced custody and trading services for its centrally…
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Coinbase Bags $32 Million Contract From DOJ For Handling Confiscated Crypto
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In a significant development, the U.S. Department of Justice’s Asset Forfeiture Division, the U.S. Marshals Service, has selected Coinbase as a custodial provider for large-cap digital assets. Coinbase recently announced the partnership. Blog posthighlighting the agency’s selection of Coinbase Prime to provide advanced custody and trading services for its centrally…
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Bitcoin Investors Place $500 Million In Spot BTC Bids Below Market Price
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Bitcoin appears to have started the week on the right foot, signaling the end of the correction that lasted throughout June. As investors continue to ponder Bitcoin’s price trajectory in July, on-chain data, price history, and strategic trading point to a bullish July. Despite the short-term volatility, many investors remain…
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Bitcoin Investors Place $500 Million In Spot BTC Bids Below Market Price
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Bitcoin appears to have started the week on the right foot, signaling the end of the correction that lasted throughout June. As investors continue to ponder Bitcoin’s price trajectory in July, on-chain data, price history, and strategic trading point to a bullish July. Despite the short-term volatility, many investors remain…
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3 million Kenyans have three days to file tax returns
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About three million Kenyans have not filed their tax returns four days before the June 30 deadline, exposing them to penalties from the Kenya Revenue Authority. KRA data shows that about six million people filed their returns by June 26 against nine million active taxpayers in its database. The number…
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At least four companies launch Hong Kong IPOs to raise about $500 million By Reuters
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Written by Scott Murdoch SYDNEY (Reuters) – At least four companies ranging from a U.S.-based aircraft manufacturer to a Chinese artificial intelligence company launched initial public production in Hong Kong on Friday to raise up to $500 million, according to their regulatory filings. Cirrus Aircraft, a Minnesota-based small jet aircraft…
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Bitcoin Miner CleanSpark (CLSK) Buys Out GRIID In $155 Million Stock Transaction
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CleanSpark (CLSK) — one of the largest publicly traded Bitcoin mining companies — announced Thursday that it has acquired one of its smaller rivals, GRIID Infrastructure, in an all-stock deal. The $155 million deal immediately brings 20 megawatts of additional power to CleanSpark to boost its mining operations, and another…
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Bitcoin Miner CleanSpark (CLSK) Buys Out GRIID In $155 Million Stock Transaction
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CleanSpark (CLSK) — one of the largest publicly traded Bitcoin mining companies — announced Thursday that it has acquired one of its smaller rivals, GRIID Infrastructure, in an all-stock deal. The $155 million deal immediately brings 20 megawatts of additional power to CleanSpark to boost its mining operations, and another…
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Telegram-Based Notcoin Burns 210 Million Tokens Amid Positive Recovery
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Telegram-based Notcoin (NOT) A symbolic burn was recently made that paints a bullish outlook for Cryptocurrency ecosystemThis comes amid a recent rebound in the price of NOT token, with fundamentals suggesting that further price increases could be imminent. Notcoin burns 210 million NOT tokens Notcoin unveiled at X (formerly Twitter)…
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Telegram-Based Notcoin Burns 210 Million Tokens Amid Positive Recovery
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Telegram-based Notcoin (NOT) A symbolic burn was recently made that paints a bullish outlook for Cryptocurrency ecosystemThis comes amid a recent rebound in the price of NOT token, with fundamentals suggesting that further price increases could be imminent. Notcoin burns 210 million NOT tokens Notcoin unveiled at X (formerly Twitter)…