Crypto News
Save WBTC: Threshold Network Proposes Sweeping Changes to Wrapped Bitcoin Custody
Threshold Network has proposed a plan to enhance the stability and security of Wrapped Bitcoin (WBTC) by replacing its centralized custody model with Threshold’s decentralized system. This move comes in response to recent concerns within the decentralized finance (defi) ecosystem over the current custody arrangements for WBTC. Threshold Network Proposes Decentralized Custody Model for WBTCSource link
Bitcoin Returns to $59K as Bulls Fail to Flip Key Resistance; AI Cryptos Lead Losses
Bitcoin Returns to $59K as Bulls Fail to Flip Key Resistance; AI Cryptos Lead LossesSource link
Donald Trump and Bitcoin: From ‘Not a Fan’ to Crypto Candidate
Former U.S. President Donald Trump used to slam Bitcoin as "a scam." Now, hoping for a second shot as America's leader, he's all for crypto.Source link
GameStop Stock Price Jumps After Retailer Reveals Retro Game Stores
GameStop’s shares jumped 10% on Thursday, shortly after the retailer announced it would lean into selling vintage games and consoles.Source link
Iris Energy Acquires 39,000 Bitmain S21 XP Antminers, Eyes 30 EH/s in 2024
Bitcoin miner and high-performance computing (HPC) firm Iris Energy Limited has secured 10 exahash per second (EH/s) of Bitmain’s S21 XP Antminers, positioning the bitcoin mining company to reach 30 EH/s by the end of 2024. Iris Energy Expands Mining Capacity and AI Cloud Services Iris Energy Limited (Nasdaq: IREN) reported record financial results forSource link