Bankrupt Bitcoin miner Rhodium gets court approval for loan in BTC or USD
The company was authorized to choose between receiving $30 million or 500 Bitcoin loan from Galaxy Digital.
The company was authorized to choose between receiving $30 million or 500 Bitcoin loan from Galaxy Digital.
Coinbase CEO Brian Armstrong sees the transaction as an “important step to AIs getting useful work done.”
Some members of the crypto community believe this could trigger a domino effect, with other countries following Brazil’s lead.
Bitcoin traders expect BTC to rally if the Fed rolls out a 0.50% rate cut, but hedging these bullish positions is also necessary. Here is how it’s done.
According to a United Nations report, Methane gas runoff is “80 times more harmful than CO2 for 20 years after it is released.”
Bitcoin’s failure to maintain above $60,000 is pulling altcoin prices toward their recent swing lows. What will it take to turn the market around?
Supreme Court Justice Alexandre de Moraes began investigating the spread of misinformation during the government of former Brazilian President Jair Bolsonaro.
This week’s Crypto Biz explores Pavel Durov’s arrest and consequences for Telegram, Nvidia’s earnings results, OpenSea’s Wells notice, Rhodium’s bankruptcy, BlackRock’s new crypto ETF and SxT Labs’ fundraising.
The change comes amid reports the firm plans to hold an investment round at a valuation of more than $100 billion.
The United Nations says the focus is on artificial intelligence for 2024’s “Day of Democracy.”