Despite the decline in BTC mining output, Bit Digital increased its BTC and ETH holdings through diversification in both assets. Strategic Diversification Key to Bit Digital Crypto Holdings Bit Digital, a bitcoin mining firm produced 32.4 BTC in Dec. 2024, a 27.8% drop from the previous month. This is according to the company’s production update […]
Solana developers recently approved the first block increase in the blockchain’s history, signaling a commitment to maintaining network operability and scalability in preparation for the chain’s future demand. Solana Devs Pass Symbolic Block Limit Increase, Aim for Further Expansion Solana, one of the top blockchain projects in the cryptocurrency industry, has recently passed the first […]
According to the latest data, the blockchain network Fractal Bitcoin continues to capture around 226 exahash per second (EH/s) of Bitcoin’s hashrate via merged mining. Additionally, Fractal Bitcoin’s native crypto asset, FB, achieved an all-time high (ATH) last week but has since dropped 61.9% below that ATH just six days later. Mining Pools Reap Rewards […]
The CEO of stablecoin issuer Tether Holdings Ltd. has announced plans to increase the company’s employee headcount to 200 by mid-2025. The firm stated that a majority of the new employees will be assigned to the compliance team, while others will join the finance team. A Finance Behemoth With a Lean Structure Stablecoin issuer Tether […]
MARA, a leader in digital asset compute, reported a significant revenue increase of 78% to $ 145.1 million for the second quarter of 2024. Despite this growth, the company faced a substantial net loss of $ 199.7 million, driven by a $ 148 million fair value loss on digital assets. MARA Reports …