Bitcoin Depot, in its latest annual report filed on April 15th, revealed that their earnings aren’t influenced by Bitcoin’s price fluctuations, regardless of the unpredictable nature of the cryptocurrency market. In the year 2023, Bitcoin Depot generated an impressive revenue of $689 million. The previous year, 2022, saw a slightly lower revenue of $647 million. … Read more
Two popular alternative cryptocurrencies, RNDR and INJ, have experienced significant price declines due to the ongoing crypto market adjustment. Could this be an opportunity to invest in them before the next bull run? $RNDR holding support on previous bull market top To fully understand and value the proposition of Render (RNDR), it is beneficial to … Read more
A Nebraska man is looking at 30 years in prison in connection with a major cryptojacking scheme. Based on an indictment filed on April 15 by the US Attorney’s Office in Brooklyn, Charles O. Parks III, who goes by “CP3O,” is accused of deceiving two major cloud services companies. Cryptojacking refers to an unauthorized takeover … Read more
Barclays, HSBC, and Citibank, along with other UK financial institutions, are collaborating on a trial project to introduce deposit tokens using blockchain technology. A number of British banks, such as Barclays and Citigroup, are collaborating on a trial for tokenized deposits to improve the monitoring of banking payments. The UK Finance trade association announced this … Read more
A prominent observer of cryptocurrency transactions, Whale Alert, has picked up on significant activity surrounding Dogecoin. Yesterday, this watchdog noticed a large quantity of Dogecoin – over several hundred million dollars’ worth – being transferred from the widely-used investment platform Robinhood. 🚨 150,000,000 #DOGE (23,552,001 USD) transferred from #Robinhood to unknown wallet— Whale Alert (@whale_alert) … Read more