Suspected Justin Sun-Linked Wallet Acquires $487M in ETH Within Two Weeks
Justin Sun-linked wallet buys $41.24M Ethereum from Binance. Speculation surrounds Sun's involvement. Ether surges, Sun gains prominence.
Xu LinJustin Sun-linked wallet buys $41.24M Ethereum from Binance. Speculation surrounds Sun's involvement. Ether surges, Sun gains prominence.
Xu Lin1、上周NFT总交易额:243,374,307(美元);2、上周NFT总交易笔数:349,515;3、上周NFT总用户数:112,712。
JinseFinanceAbu Dhabi-based Phoenix Group is set to acquire $187 million worth of new Bitcoin mining rigs from Bitmain Technologies, following a $380 million deal with WhatsMiner. The move aims to significantly boost Phoenix's Bitcoin hashing power, positioning the company as a major global crypto miner. The strategic expansion aligns with the recent approval of a Bitcoin exchange-traded fund (ETF) by the SEC, anticipating potential industry growth. Despite competition and profitability challenges in Bitcoin mining, Phoenix Group's aggressive approach underscores its commitment to staying competitive in the evolving sector.
EdmundPhoenix Group's strategic investments in cutting-edge mining technology, coupled with its market debut and oversubscribed IPO, solidify its presence as a formidable player in the global Bitcoin mining landscape. However, the lack of response to inquiries raises questions about transparency and communication practices within the company, warranting further scrutiny.
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Cointelegraph