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Crypto News

Hut 8 Reports $331M Net Income in 2024 While Expanding AI Infrastructure

Bitcoin mining firm Hut 8 took $331 million in net income in 2024, according to the company’s latest financial report. The firm benefited significantly...
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Crypto News

Bitdeer Reports $532M Q4 Loss, Focuses on ASIC Development for 2025 Growth

Bitdeer Technologies Group (BTDR) said its fourth-quarter net loss widened to $531.9 million from $5 million in the year-earlier quarter.The Singapore-based bitcoin (BTC) mining...
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Crypto News

Ether Price Spikes Further on Reports of Bybit Starting to Buy ETH

The price of the world’s second-largest cryptocurrency, ether (ETH), has risen by more than 2.3% in the last 24 hours, while the broader CoinDesk...
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Crypto News

Mastercard Reports 30% Tokenized Transactions Amid Digital Shift

Mastercard revealed that nearly one-third of its transactions in 2024 were tokenized, as indicated in a filing with the U.S. Securities and Exchange Commission...
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Crypto News

Crypto Scam Revenue From ‘Pig Butchering,’ AI Schemes Likely Grew in 2024, Chainalysis Reports

Crypto scammers may have pocketed as much as a record $12.4 billion last year fueled, in part, by growth of so-called pig-butchering schemes, blockchain...
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Crypto News

KULR Expands BTC Holdings to 610 BTC, Reports 167% BTC Yield

KULR Technology Group (KULR) has expanded its bitcoin (BTC) holdings to 610.3 BTC.The firm increased its total bitcoin stash to approximately $60 million after...
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Crypto News

South Korean Crypto Exchanges Drop 26%: Reports

South Korea's cryptocurrency exchange industry is facing a wave of exits as smaller firms shut down operations due to increasing regulatory pressure and banking...
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Crypto News

Strategy Reports Q4 Earnings: Bitcoin Holdings Grow Amid Revenue Shortfall

Strategy, formerly known as MicroStrategy, released its fourth-quarter earnings report, revealing a mixed financial performance marked by a revenue miss but continued expansion of...
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