Bitfarms Takes Control of U.S. Mega-Mining Site: 120 MW Capacity Unlocked
TL;DR Bitfarms expands in the U.S.: Bitfarms Ltd. takes control of a new data center in Sharon, Pennsylvania, marking its first large-scale site in the U.S.
Latest news from: Carrillo J.M.
Carrillo J.M.
Carrillo J.M, is a seasoned writer with over six years of experience, is a passionate advocate for blockchain and cryptocurrencies. He is convinced that these technologies will play a significant role in our future. Currently, José dedicates his time to producing news stories and conducting in-depth analyses of various crypto projects, as well as performing technical analyses of different cryptocurrencies
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TON Network Resumes After Six-Hour Outage Due to Consensus Failure
TL;DR Outage Details: The TON Network experienced a six-hour outage on August 27, 2024, due to an abnormal load from the launch of the DOGS meme
PayPal’s PYUSD Breaks $1 Billion Mark—Solana Expansion Sparks Growth
TL;DR Milestone Achievement: PayPal’s stablecoin, PYUSD, surpassed $1 billion in market capitalization, driven by its expansion to the Solana blockchain. DeFi Incentives: Attractive yield incentives on
Celsius Bankruptcy: Over $2.5 Billion Distributed, but 121,000 Creditors Remain Unpaid
TL;DR Celsius has repaid $2.53 billion to 251,000 creditors, covering 84% of the $3 billion owed, but 121,000 creditors remain unpaid, many of whom are owed
Aave Explores BUIDL Integration to Maintain GHO Stablecoin Stability
TL;DR Aave Labs proposes integrating BlackRock’s tokenized fund, BUIDL, with its GHO Stability Module (GSM) to enhance the stability and efficiency of its native stablecoin, GHO. Benefits
Bitcoin Open Interest Drops, but Altcoins Like Ethereum and Solana Stand Firm
TL;DR Bitcoin’s open interest has dropped by 7.5% due to market uncertainties, with BTC trading around $62,300 after a 2.50% decline in the last 24 hours. Altcoins
Bitcoin Runes Protocol Nets $162M in Fees as NFT Activity Explodes in 4 Months
TL;DR Bitcoin Runes Protocol: Generated $162.4 million in fees from over 15.6 million transactions in just four months, highlighting its significant impact on the NFT market.
Avalanche and ZKsync Discords Compromised: Fake Token Links Spark Security Concerns
TL;DR Avalanche and ZKsync Discords Compromised: Following a similar breach on Polygon’s Discord, the official servers of Avalanche and ZKsync were compromised, raising significant security concerns
Justin Sun to Donate $1M to DAO for Telegram Founder’s Release—Crypto Community Rallies
TL;DR Justin Sun’s $1M Pledge: TRON founder Justin Sun has pledged $1 million to a DAO aimed at advocating for the release of Telegram founder Pavel
Ethereum Co-Founder Vitalik Buterin Defends Polymarket as Interest Surges
TL;DR Vitalik Buterin defends Polymarket: Ethereum co-founder Vitalik Buterin supports Polymarket, emphasizing its role as a “social epistemic tool” that provides public insights into significant events,
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