The United Kingdom neobank Xapo Bank recently added a new financial product to its lineup: Interest-Bearing Bitcoin Accounts (IBBAs). These accounts offer up to 1% annual interest rate on Bitcoin holdings without requiring users to stake, lend, or lock...
Coinbase may be preparing to launch a new product, specifically a wrapped Bitcoin token. Two cryptic posts from the US-based cryptocurrency exchange's official X account containing the words "cbBTC," followed by a "coming soon," have prompted this speculation. Coming...
Ledger hardware wallet users will soon be able to convert fiat currency into cryptocurrencies and vice versa directly on their devices. The self-custody solutions provider recently announced a new partnership with Revolut to streamline crypto purchases with its solutions....
US based Bitcoin miner Core Scientific has increased its fundraising goal to $400 million, surpassing its initial target of $350 million. The company plans to achieve this through a private offering of convertible senior notes, as announced in another...
U.S. Bitcoin Miner Marathon Digital brands all Bitcoin blocks it mines in the US with a "Made in USA" label. “MARA is Team USA, proudly declared in each American-made bitcoin block we mine,” the compamy wrote in a recent...
Marathon Digital Holdings has announced plans to raise $250 million through a private offering of convertible senior notes. The world's largest Bitcoin mining firm revealed this in a press release published today, August 12, 2024. The release stated that...
Tether, the leading stablecoin issuer by market capitalization, is setting its sights on the artificial intelligence (AI) sector to challenge tech giants like Microsoft and Amazon, according to CEO Paolo Ardoino. In a recent WIRED interview, Ardoino outlined Tether's...
Turkey is witnessing a notable increase in interest from cryptocurrency firms seeking to operate in the country. The Turkish Capital Markets Board (CMB) has reported that 47 cryptocurrency companies have applied for licences under newly introduced regulations. This influx...
The BabyDogeCoin cryptocurrency project is making a bold move into the media sector, particularly children's entertainment, with the launch of BabyDogeKids, a new YouTube channel. This expansion into traditional media marks a significant shift for the crypto brand, which...
Bitcoin Miner Bitfarms has published its financial results for Q2 2024, revealing a mixed picture of operational progress and financial challenges. The company reported a total revenue of $42 million, marking a 16% decrease from the previous quarter and...
