What is cloud mining? Since the emergence of Bitcoin in 2009, cryptocurrency mining has become a well-known method of earning profits. However, the steep costs involved in acquiring the necessary equipment, understanding the technical aspects, and consuming high amounts of energy often deter potential investors. Cloud mining is stepping in as a solution to these
Amid a shift in capital flows from Wall Street, US spot XRP ETFs recorded net inflows for 11 consecutive trading days, attracting a total of approximately $170 million during that period. Recent data indicates that since the launch of these products, US spot XRP ETFs have seen cumulative net inflows of around $1.68 billion. What
Ripple has expanded XRP’s presence in major U.S. college sports through a multi-year sponsorship with the University of Florida that will put the token’s logo on the field at Ben Hill Griffin Stadium. Summary Ripple has signed a multi year partnership with the University of Florida that will put XRP branding on the football field
Aggregate open interest in altcoin perpetual futures surpassed Bitcoin’s for the first time since December 2024 on Sept. 6, reflecting increased leveraged trading as Zcash and the wider altcoin market rallied. Summary Coinalyze data showed altcoin perpetual futures open interest surpassing Bitcoin’s for first time since 2024. Bitcoin perpetual open interest remained near $23.9 billion,
Hyperliquid repurchased and burned approximately 9,730 HYPE tokens during the 24 hours ending Sept. 6, according to blockchain data published by Onchain Lens. Summary Hyperliquid bought and burned 9,730 HYPE worth approximately $829,500 during the latest 24-hour reporting period. The purchases averaged $85.27 per HYPE, according to Onchain Lens’s public blockchain tracking data snapshot. Cumulative
Uniswap V4 held $59.1 million in tokenized stock deposits as of Sept. 6, making it the largest decentralized finance venue for the category, according to Token Terminal. Summary Uniswap V4 held $59.1 million in tokenized stock deposits, leading Token Terminal’s latest market snapshot. Kamino Lend ranked second with $41.7 million, while Uniswap V3 held another
Offchain Labs co-founder Steven Goldfeder and Solana co-founder Anatoly Yakovenko exchanged competing views on Sept. 6 over why Robinhood built its blockchain using Arbitrum technology instead of operating applications directly on Solana. Summary Offchain Labs co-founder Steven Goldfeder said Robinhood retains roughly 90% of net chain revenue generated. Solana co-founder Anatoly Yakovenko argued Robinhood could
LeBron James teased an upcoming partnership with Polymarket on Sept. 5, placing the NBA star alongside a growing group of athletes and professional leagues working with prediction-market companies. Summary LeBron James confirmed an upcoming Polymarket partnership through a 14-second social media teaser Saturday publicly. CNBC reported the initial campaign will focus on American football, not
Demand for dollar-backed stablecoins can place downward pressure on national currencies when investors receive direct access through fiat trading pairs, according to research published by the Bank of Korea on Sept. 3. The effect appeared after Binance introduced trading between selected local currencies and stablecoins such as USDT and USDC. Summary Dollar-backed stablecoins transmitted buying
A British investor has recovered 61 bitcoin worth approximately £3.3 million, or about $4.5 million, more than 12 years after losing access to the cryptocurrency. Summary British investor recovered 61 BTC after proving ownership of funds held through collapsed exchange Intersango. His £1,500 investment produced recovered bitcoin valued around £3.3m after more than twelve years
