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Starcloud, an Nvidia-backed orbital data center startup, said it will start mining Bitcoin from space later this year when its second spacecraft is launched, positioning it to become the first company to mine Bitcoin off Earth.Starcloud “will be the first to mine Bitcoin in space,” the startup’s CEO, Philip Johnston, posted to X on Saturday after revealing its Bitcoin mining ambitions in space in an interview with HyperChange on Thursday.In the interview, Johnston said running Bitcoin application-specific integrated circuit (ASIC) miners would be “one of the most compelling use cases” of space compute due to it being significantly cheaper than…
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…
Nonprofit organization Flow Foundation and its parent company Dapper Labs on Monday filed with the Seoul Central District Court to suspend the termination of trading support for its native token FLOW on three South Korean exchanges.Layer-1 blockchain Flow suffered a “security incident” in December when an attacker exploited a vulnerability that allowed certain assets to be duplicated rather than minted, bypassing supply controls without accessing or draining existing user balances.The exploit resulted in $3.9 million in duplicated tokens, but “no user funds were compromised, and all counterfeit tokens were permanently destroyed.” Several exchanges halted FLOW token trading following the incident due…
Oil futures surged above $110 a barrel Monday as escalating tensions in the Middle East rattled global markets, sending Asian stocks sharply lower, with all of the region’s markets opening deep in the red, even as bitcoin held steady near $67,000.West Texas Intermediate crude jumped roughly 17% in 24 hours. Japan’s Nikkei 225 fell more than 6% and South Korea’s Kospi dropped about 8% as traders repriced energy costs across import-dependent economies.The rally centers on the risk that fighting could restrict oil flows near the Strait of Hormuz, the chokepoint through which roughly 20% of global crude supply passes daily.…
Like the SEC, the derivatives trading regulator, the CFTC, is also working to regulate prediction markets. The United States Securities and Exchange Commission (SEC) has inched closer to creating guardrails to ascertain how cryptocurrencies are regulated. In a recent commission-level guidance submitted to the White House’s Office of Information and Regulatory Affairs (OIRA), the SEC outlined how securities laws can be applied to crypto. If followed, the new guidelines could affect how crypto-focused companies register and operate their businesses in the country. New Guidelines for Crypto Market According to the OIRA’s website, the guidance was labeled as the “Application of…
The end of another week has arrived, which means more crypto options contracts are expiring as spot markets eye recovery. Around 31,700 Bitcoin options contracts will expire on Friday, Mar. 6, with a notional value of roughly $2.2 billion. This event is much smaller than last week’s, so there is unlikely to be any impact on spot markets. Crypto markets have seen a little daylight this week, with around $150 billion added to total market capitalization since Monday, but things were starting to cool off again by Friday. Bitcoin Options Expiry This week’s batch of Bitcoin options contracts has a…
OPN debuted at a $450 million valuation but is dropping steadily amid airdrop selling pressure.Opinion, a prediction market built on BNB Chain, launched its native OPN token earlier today with an airdrop for early users.OPN is currently trading at a $350 million valuation, down around 20% from its launch price, according to Coingecko. The token is facing heavy selling pressure, likely from airdrop recipients, and has already generated nearly $150 million in trading volume.OPN ChartMost of the activity is concentrated on Binance, which listed OPN on its spot markets with trading rewards. The token has also been listed by Bybit,…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum has pushed back above the $2,100 level, signaling a modest improvement in market sentiment after weeks of volatility and uncertain price action. The move above this key threshold comes as the broader crypto market begins to stabilize, allowing ETH to recover some of the momentum lost during the recent correction. While the recovery remains cautious, recent on-chain data suggests that trading activity around Ethereum is beginning to intensify. According to a recent report from CryptoQuant, the ETH Binance 30-day Exchange Liquidity Ratio reveals a notable shift…
Protocol developers often come across as more pessimistic about Bitcoin’s future than most Bitcoiners. Daily exposure to Bitcoin’s imperfections certainly shapes a sober perspective, and it’s important to reflect on what Bitcoin has achieved. Anyone in the world, no matter their race, age, gender, nationality, or any other arbitrary criterion, is able to store and transfer value on a neutral monetary network more robust now than ever. That said, Bitcoin does have issues that many Bitcoiners are not aware of, but could threaten its long-term prospects if not addressed properly. The vulnerabilities fixed by the Consensus Cleanup are one such…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Sillytuna, one of Ethereum’s earliest NFT whales, has reported a $24 million crypto theft that allegedly combined an on‑chain address‑poisoning scam with offline violence and threats. The Crime’s Details In a post on the social network X on March 4, the trader known as Sillytuna reported that he had been the victim of a $24 million-dollar crypto theft in AUSD/aEThUSDC from his wallet. Mr. Silly claims the authorities have been involved, not just because the immense amount of money that was subtracted, but also because the crime…
