Ethereum Price Lags Behind Lightchain AI Presale as the Testnet Launch Draws Near

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PRESS RELEASE. The battle for supremacy in the cryptocurrency market is often marked by innovation, bold ideas, and game-changing technology. But if you’re keeping an eye on Ethereum’s sluggish performance, you might be distracted from one of the most exciting developments in crypto right now—the Lightchain AI presale, now in Stage 12 and rapidly closing […]

Bitdeer Reports a 3% Drop In Self-Mined Bitcoin Production

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A look at Bitdeer’s operational update revealed a drop in its mining output in Dec. 2024, although its bitcoin holding remains healthy. Bitdeer Repays $10 Million Principal Balance on Senior Notes Despite Drop in BTC Production Bitdeer’s latest mining and operational update showed that its self-mining output in Dec. 2024 was 145 BTC, a 3% […]

Thai Authorities Seize Nearly 1,000 Bitcoin Miners in Electricity Theft Bust

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Law enforcement in Thailand’s Chon Buri province recently seized nearly 1,000 bitcoin mining rigs from a company accused of illegally accessing electricity. Modified Meters Used to Aid Electricity Theft On Jan. 8, law enforcement agents in Thailand’s Chon Buri province seized nearly 1,000 bitcoin mining rigs from a company accused of illegally accessing electricity from […]

Bit Digital’s Crypto Holdings Increase to 742 BTC and 27,624 ETH

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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 […]

Rena Labs Secures $3.3M Funding to Pioneer Trustless On-Chain AI Solutions

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PRESS RELEASE. January 9th, 2025 –– Rena Labs, the startup aiming to enable the next generation of autonomous and verifiable AI solutions, has announced the successful closure of a $3.3 million pre-seed funding round led by Paper Ventures. The company attracted investment from a number of high-profile venture capital firms, among them Lightspeed Faction, Eterna […]

Massive Crypto ETF Exodus: $742M Vanishes Overnight

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Recent data reveals that spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) experienced collective net outflows amounting to $742.24 million. Blackrock, Valkyrie, and Grayscale Among Crypto ETFs Hit by $742M Reduction On Wednesday, U.S.-based bitcoin and ethereum ETFs faced significant reductions, with bitcoin ETFs losing $582.90 million and ether ETFs seeing $159.34 million in […]