• Boyaa Interactive Swaps Ether for Bitcoin in $49M Treasury Adjustment

    Hong Kong-based gaming company Boyaa Interactive has made a significant adjustment to its crypto treasury. Between November 19 and November 28, the firm converted 14,200 Ether into its Bitcoin reserves, worth approximately $49 million. Boyaa Interactive Boosts Bitcoin Reserves In...

  • Bitcoin Mining Industry Nears $40B Market Cap Amid Rising Difficulty

    The market capitalization of publicly traded Bitcoin mining companies is closing in on $40 billion, marking a remarkable 100% growth in just seven months, according to Farside data. This surge comes as the price of Bitcoin hovers near record highs,...

  • Ex-Fortnite Player Accused of $3.5M Scam Using Memecoins

    On November 27, blockchain investigator ZachXBT accused a former professional Fortnite player and Australian blockchain security analyst, Serpent, of orchestrating multiple memecoin scams totaling $3.5 million. Allegations of Memecoin Scams Surface ZachXBT highlighted links between Serpent’s wallet addresses and high-profile...

  • HP Stock Crashed on Weak Outlook: Here Are the Key Takeaways

    HP Inc. (NYSE: HPQ) crashed yesterday following its fiscal Q4 2024 earnings release as the company’s guidance spooked investors. Rival PC maker Dell also crashed following its earnings as markets get wary about the sales trajectory of AI PCs. Looking...

  • Study Shows Low-Income Households Benefit From Crypto Gains to Secure Mortgages

    Low-income households in areas with high cryptocurrency exposure are using their crypto gains to purchase homes and cars, according to a recent report by the US Treasury’s Office of Financial Research (OFR). Crypto Gains Help Low-Income Families Secure Larger Mortgages...

  • U.S. Customs Blocks Bitmain Antminer Shipments, Raising Costs for Bitcoin Miners

    Bitmain, a leading manufacturer of Antminer ASICs, is facing import restrictions in the United States. The U.S. Customs and Border Protection Agency (CBP) has reportedly blocked shipments of certain Antminer models at the border. These devices, widely used for cryptocurrency...

  • Canadian Firm Adds $1M in Bitcoin to Treasury Amid Growing Corporate Adoption

    Jiva Technologies, a Canadian wellness and e-commerce company, has decided to invest up to $1 million in Bitcoin as part of its corporate treasury strategy. https://twitter.com/NewInBlock/status/1861312398772056127 Jiva Technologies Embraces Bitcoin Treasury Strategy Jiva Technologies CEO Lorne Rapkin said, “As Bitcoin...

  • China’s Major Gold Find in Hunan Poised to Reshape Global Markets

    China has just found a huge amount of gold in Hunan Province. The discovery includes over 40 gold veins spread across a large area. Experts believe this gold is worth about $83 billion, making it one of the biggest finds...

  • Russia Eyes Tokenization of Real Assets Amid Legal and Tax Challenges

    Tokenization is becoming a popular topic worldwide, including in Russia. People in Russia are now showing more interest in converting physical things like real estate, art, and stocks into digital tokens. This means they are exploring ways to use technology...

  • Hong Kong’s ZA Bank Expands to Retail Crypto Trading

    Hong Kong’s leading digital bank, ZA Bank, has introduced a service enabling retail users to trade cryptocurrencies, marking a significant step forward for crypto adoption in the region. According to a statement released on November 25, users can now buy...