Category: Crypto

Bitcoin miners are using infrastructure to host HPC and AI data centers, but industry experts explain the challenges and costs behind this.
The post Not All Bitcoin Miners Will Host HPC/AI Data Centers: Here’s Why appeared first on Cryptonews. …

NEIRO, a memecoin launched on the Solana blockchain, is under scrutiny following allegations of insider trading and market manipulation due to details about the token’s distribution and trading practices, which indicate a massive potential rug pull.
The post NEIRO Token Faces Insider Trading Allegations as BubbleMaps Reports 78% Pre-Allocation appeared first on Cryptonews. …

A savvy trader has bagged a $17,700 profit with just $1.40 of initial capital, thanks to savvy meme coin investing.
The post Trader’s $1.40 Grows to $17,700 with Meme Coin Investing appeared first on Cryptonews. …

Cryptocurrency advocacy group The Digital Chamber is urging U.S. officials to support the Cynthia Lummis-Sponsored Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide (BITCOIN) Act Of 2024, a Thursday X post from the trade association reveals. Lummis announced the crypto-friendly bill shortly after Donald Trump took the stage at the Bitcoin Conference 2024 in Nashville last Saturday.
The post Digital Chamber Urges Senators To Support Cynthia Lummis-Sponsored Bitcoin Act Of 2024 In New Letter appeared first on Cryptonews. …

Terraform Labs co-founder Do Kwon is set to be extradited from Montenegro to his native South Korea following a ruling from the Montenegrin court.
The post Montenegrin Court Orders Do Kwon’s Extradition to South Korea, Rejects U.S. Appeal appeared first on Cryptonews. …

Crypto.com surpasses Coinbase in daily trading volume, reaching $3.16 billion on August 1, driven by increased institutional client activity and the launch of spot Ethereum ETFs.
The post Crypto.com Overtakes Coinbase in Trading Volume With Institutional Growth appeared first on Cryptonews. …

The Bank of England announced an interest rate cut of 0.25%, down to the 5% mark, bringing an end to one of the longest periods of heightened interest rates.
The post Bank of England 0.25% Rate Cut Stirs Potential Bitcoin Breakout appeared first on Cryptonews. …

The price of Dogecoin has fallen by 4% in the past 24 hours, dropping to $0.1211 after the FOMC decided not to reduce rates at its meeting yesterday.
The post Dogecoin Struggles as Meme Coin Frenzy Fizzles Out: Will DOGE Price Drop 99%? appeared first on Cryptonews. …

The cryptocurrency sector faced significant losses in July as hackers stole approximately $266 million through 16 separate breaches.
The post Crypto Hackers Stole $266M in July Across 16 Breaches: PeckShield appeared first on Cryptonews. …

The rapid growth of meme coins raises concerns about whether this can last. As the market is getting too crowded, can these tokens keep up the hype in Q3?
The post The End of Meme Coins? Experts Say the Mania Is Dying Out appeared first on Cryptonews. …