Bitfarms to acquire Stronghold Digital Mining in $175M merger
Bitcoin miner Bitfarms said it has entered into a merger agreement to acquire Stronghold Digital Mining for $125 million in equity value, alongside $50 million…
Category: Crypto Slate
Ethereum gas and fee plummet drive inflation to +0.7%
Quick Take Ethereum’s network has recently seen significant transaction fees and burn rate reductions. The mean transaction gas price, calculated on a 7-day moving average,…
Bitcoin and S&P 500 divergence echoes pre-COVID trends, potential realignment ahead
Quick Take Bitcoin and the S&P 500 are currently diverging, a trend that has occurred before, most notably in 2019 leading into the COVID-19 pandemic.…
Tron surpasses Ethereum and Solana in daily revenue with SunPump craze
Justin Sun‘s Tron blockchain’s daily revenue reached a new all-time high of $3.84 million, driven by the memecoin generator SunPump. This milestone places Tron ahead…
Bitcoin OTC desk balances rise by 60,000 BTC in past 30 days
Onchain Highlights DEFINITION: Bitcoin OTC desk wallets hold large amounts of Bitcoin for private, off-exchange transactions between institutional and high-net-worth investors. Bitcoin’s over-the-counter (OTC) desk…
Tether expands fiat portfolio with new UAE Dirham stablecoin
USDT issuer Tether plans to launch a new stablecoin pegged to the United Arab Emirates Dirham (AED) in collaboration with the Phoenix Group and Green…
Institutional Bitcoin ETF ownership led by Wisdom Tree at 92%, IBIT at 47%
Quick Take Matthew Sigel, head of digital assets research at VanEck, noted the institutional ownership in Bitcoin ETFs, reflecting the growing interest in these financial…
Crypto trader loses $55M in DAI to phishing attack using Inferno Drainer kit
Blockchain security platform Scam Sniffer reported that a crypto trader lost $55.47 million in DAI stablecoin to a phishing attack. According to the firm, the…
El Salvador launches Bitcoin training for 80,000 public servants
El Salvador’s National Bitcoin Office (ONBTC) has launched a Bitcoin training and certification program for 80,000 public servants. In an Aug. 20 statement, ONBTC confirmed…
Mt. Gox transfers $784 million in Bitcoin, fueling distribution rumors
Quick Take On Aug. 20, Mt. Gox made a significant on-chain movement of 13,265 Bitcoin, valued at approximately $784 million, according to Arkham Intelligence. The…