BitMart, a centralized crypto exchange, announced an immediate wind-down of its platform, suspending new registrations and deposits from July 26, with full trading ceasing by August 26 and complete closure by January 31, 2027. Its native token BMX dropped over 55% in 24 hours, reflecting the token's loss of utility tied to the exchange's operations. The shutdown was attributed to operating conditions and strategic decisions, with no mention of hacks or insolvency. Users have one month to withdraw assets, but concerns remain about the withdrawal process amid the crypto industry's history of exchange closures.
At the Energy Investors Forum, experts highlighted that while bitcoin miners have advantages in energy use, transitioning to AI infrastructure requires more than just power access. Challenges include the need for fiber connectivity, cooling, permits,...
Last week, BlackRock's Ethereum ETFs attracted a net inflow of $99.2 million, surpassing Bitcoin ETFs which experienced a net outflow of $95.5 million. This shift reflects stronger investor interest in Ethereum amid growing institutional demand and t...
Dogecoin (DOGE) stands out as the only cryptocurrency among the top 20 by market cap to see a significant increase in 24-hour trading volume, rising by 92.7% to about $1.55 billion. While major cryptocurrencies like Bitcoin, Ethereum, Solana, XRP, an...
Cardano co-founder Charles Hoskinson warned that Bitcoin could lose its position as the largest cryptocurrency if its governance system fails to coordinate a timely upgrade to defend against quantum computing threats. Bitcoin developers are discussin...
Intel reported a strong Q2 with 25% year-over-year revenue growth, driven mainly by a 59% increase in its Data Center and AI business. This segment significantly boosted the company's operating income. However, Intel continues to face substantial los...
