Bitcoin hash rate, or the computing power that secures the Bitcoin network, is becoming a unique commodity with compelling investment potential, said KPMG UK senior manager of financial services and partner at KPMG Canada’s Digital Assets Centre of Excellence.
JinseFinanceThis week, 12 blockchain startups raised $63.4 million in funding. The largest round of funding was raised by Renzo, which raised $17 million. Three projects received seed and pre-seed funding, and eight projects received other rounds of funding.
JinseFinanceThis week, 34 blockchain startups raised $109.3 million in funding. The largest round was raised by Nexus, which raised $25 million. Ten projects received seed and pre-seed funding, and 22 projects received other rounds of funding.
JinseFinanceBinance launches Funding Rate Arbitrage Bot and expands Spot Copy Trading for traders during the bull run, streamlining arbitrage and offering strategies from experienced traders.
Huang BoThe source of income for the Ethena protocol is spot staking income + short position funding rate income. The introduction of BTC collateral dilutes the staking yield, and the calm market and Ethena's large number of short positions reduce the funding rate income.
JinseFinanceBitcoin's hash rate hits a record 500 exahashes per second, drawing praise from Elon Musk. Yassine Elmandjra compares Bitcoin's processing power to astronomical scales. Musk's ongoing crypto interest includes considering Bitcoin use on Mars.
EdmundThis latest approval highlights Bybit's continued commitment to expanding its presence in emerging and dynamic markets.
OthersBybit is the latest crypto exchange to slash a sizeable portion of its workforce.
OthersHuobi and Bybit have publicly provided their proof of reserves to assure investors.
BeincryptoOn-chain data shows Bitcoin funding rates have sunk into deep negative values, something that could pave way for a short ...
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