860 Terahash — Hut 8 and Bitmain Partner to Launch New Direct Liquid-to-Chip ASIC Miner

Hut 8 Corp. has announced an expanded partnership with Bitmain Technologies, unveiling the U3S21EXPH, a next-generation ASIC miner. The launch represents a significant milestone, with plans for deployment in Q2 2025 and... Read more »

Polymarket users outperform economists in predicting US rate cut

Key Takeaways 54% of Polymarket users correctly predicted the 50 bps Fed rate cut, outperforming 92% of economists. The crypto market value grew by 3.7% following the rate cut, while equities markets... Read more »

FBI Cracks Down on Illegal Gambling Network Using Fake Crypto

A Denver resident has been convicted of running an illegal gambling business involving several parlors across Colorado. The scheme involved electronic games and a fake cryptocurrency to conceal the exchange of credits... Read more »

The Bitcoin SoftWar begins as Lowery highlights veteran’s PoW security solution making hacks unprofitable

Mike Sires, a military veteran from Dublin, Ohio, has developed AuthLN, a proof-of-work authentication protocol that aims to reduce cybercrime by introducing a financial cost to unauthorized login attempts. Drawing on his... Read more »

Powell downplays recession concerns amid solid economic growth

Key Takeaways Powell remains confident that the economy will be resilient despite external risks. Inflation nears Fed’s target, prompting a cautious but flexible policy response. Share this article Federal Reserve Chair Jerome... Read more »

Lawmaker Flags Concerns Over SEC’s Crypto Approach

Congressman French Hill has raised concerns over the U.S. Securities and Exchange Commission (SEC)’s handling of digital asset regulations, criticizing Chairman Gary Gensler’s leadership for creating legal uncertainty and a politicized approach.... Read more »

WisdomTree introduces Ethereum-based tokenization platform for its customers

WisdomTree launched an Ethereum-based platform for tokenized real-world assets (RWA) called WisdomTree Connect on Sept. 18. The platform’s goal is to allow customers to interact with any WisdomTree-issued token on different blockchains.... Read more »

Goldman Sachs, Coinbase alumni debut TrueX, a stablecoin-centric crypto exchange

Key Takeaways TrueX introduces a stablecoin-centric trading platform, aiming for minimal slippage between various stablecoins. The exchange secures $9 million in seed funding and collaborates with major crypto investors and companies. Share... Read more »

Bitcoin’s Computational Power Falls 9.95% After Record Hashrate

Recent metrics reveal that after Bitcoin’s network hashrate reached an all-time high of 693 exahash per second (EH/s) and saw a 3.58% difficulty increase, its computational power decreased this week. In the... Read more »

Bitwise CIO likens Ethereum to Microsoft, bets on underappreciated dominance despite bearish sentiment

Bitwise Chief Investment Officer Matt Hougan believes that Ethereum to tech giant Microsoft in a recent memo, asserting that the blockchain giant’s foundational role in the ecosystem is being underestimated amid current... Read more »