Hut 8 Reports $80.7 Million in Crypto Revenue, Bitcoin Reserve Rises to 10,171 BTC
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Hut 8 Corp. has reported $80.7 million in crypto-related revenue for 2024, driven by bitcoin mining and GPU-as-a-service operations. The company expanded its bitcoin reserve to 10,171 BTC and secured a $125 million partnership with Bitmain. Hut 8 Expands Bitcoin Mining and Digital Infrastructure with $125M Bitmain Deal Hut 8 Corp., a bitcoin mining and […]

Lazarus Group Completes ETH Laundering, Amassing 6,706 BTC in the Process
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Blockchain analysis reports from Arkham Intelligence indicate that North Korea’s Lazarus Group has fully laundered the ethereum (ETH) proceeds from the Bybit breach, with a significant share of the assets now converted into bitcoin (BTC). From ETH to BTC: Lazarus Group Now Holds 6,706 Bitcoin Worth $591M Examining 57 separate accounts, the hackers behind the […]

Bitcoin Price Watch: Bulls Fight Back as Bitcoin Eyes $90K Breakout
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As of 4:35 p.m. ET on March 4, 2025, bitcoin commanded a valuation of $88,165, boasting a market capitalization of $1.72 trillion and a 24-hour trading volume of $69.81 billion. The digital asset oscillated between an intraday trough of $81,463 and a peak of $88,825, reflecting a market teetering between hesitation and ambition. Bitcoin Bitcoin‘s […]

No Diversification, No Problem: Strategy’s BTC Play Beats an ETH Alternative
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As bitcoin holds steady above the $88,000 threshold, Michael Saylor’s Strategy (formerly Microstrategy) maintains a 29% gain on its extensive BTC holdings. Meanwhile, MSTR shares have climbed more than 11% over the past week, defying the broader downturn in the crypto sector. What If Strategy Bought Ether Instead of Bitcoin? A Massive Difference Answers That […]

Despite Market Declines, Crypto Economy Shows Signs of Strength
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The cryptocurrency market remains stable at $2.78 trillion, despite a 6.7% decline over the past 24 hours. Bitcoin has slipped 6% in the last day, hovering slightly above $85,000, while ethereum has fallen 7.5%, settling around the $2,100 mark. Only a select few digital assets managed to avoid losses on Tuesday. Major Cryptos React to […]