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Eric Trump Bitcoin mining involves operating American Bitcoin, a firm achieving $3.5 million in Q3 net profit with 56% gross margins by mining BTC in West Texas at costs 50% below market averages, emphasizing Bitcoin per share as the core metric for long-term value accumulation. World Liberty Financial faces scrutiny over alleged ties to sanctioned […]
Iran’s digital development strategy focuses on affordable connectivity and infrastructure expansion despite sanctions and conflicts, aiming to grow the digital economy to 10% of GDP through national programs and global cooperation. Iran has reduced mobile internet costs to 0.3% of GDP per capita, making it one of the most affordable digital services globally. Iran boasts […]
Bitcoin is struggling to rebound after the October crash due to sustained selling by large holders, or smart money, which has muted buying pressure since the fourth quarter began. On-chain data shows net realized losses exceeding $3 billion in late November, pushing prices below $81,000. This distribution pattern, combined with potential regulatory risks for crypto-holding […]
Bitcoin privacy risks are prompting early adopters to explore alternatives like Zcash due to concerns over encryption strength against quantum computing and transparent on-chain transactions. VanEck CEO Jan van Eck highlights these issues, noting a shift in community sentiment toward privacy-focused cryptocurrencies. Quantum computing threats: Bitcoin’s current encryption may not withstand future quantum advances, raising […]
Jim Cramer warns Bitcoin investors of persistent market issues and operational challenges, advising caution amid bullish predictions like Michael Saylor’s $1 million forecast. He highlights unresolved risks from past declines and inefficiencies, urging some to consider exiting positions now. Jim Cramer emphasizes Bitcoin’s major challenges, recommending select investors exit amid ongoing volatility. Criticism targets optimistic […]
Spot Bitcoin ETFs recorded $238.4 million in net inflows on Friday, marking a rebound after significant outflows, while Ether funds ended an eight-day outflow streak with $55.7 million in inflows and Solana products continued a ten-day inflow run, totaling $510 million since launch. Bitcoin ETFs rebound: $238.4 million inflows driven by BlackRock’s IBIT and Grayscale’s […]
Aerodrome, the top decentralized exchange on the Base blockchain, is investigating a potential DNS hijacking incident that has compromised its main domain, urging users to avoid accessing it to protect their funds. Smart contracts remain secure, but frontend risks persist until resolution. Aerodrome has warned users against using its primary domain due to suspicious DNS […]
Google plans to achieve 1,000 times more AI compute capacity by 2029 through doubling infrastructure every six months, as stated by Google Cloud VP Amin Vahdat, to meet surging AI demand without excessive spending. Key drivers include rapid AI growth in cloud services and model training. Focus on efficiency via custom silicon like Ironwood TPU […]
North Korean hackers are using fake job platforms to target applicants at major U.S. AI and crypto firms, aiming to install malware for long-term access. This “Contagious Interview” operation steals sensitive know-how to support the regime, mimicking legitimate hiring processes to deliver threats during virtual interviews. North Korean hackers create phony job sites to lure […]