Crypto News

Wormhole’s Solana Token Plunges 50% After Massive Airdrop

The W token debuted last week with an impressive $3 billion market cap.Source link

Auradine Secures $80 Million in Series B to Accelerate Bitcoin Mining Rig Production

On April 10, the bitcoin mining rig producer Auradine revealed it had secured an $80 million investment in a Series B funding round. Additionally, the company highlighted that it has also achieved $80 million in bookings. Auradine Raises $80 Million, Doubling Down on Teraflux Mining Rig Expansion The California-headquartered bitcoin mining equipment manufacturer Auradine, knownSource link

Bitcoin Rebounds to $70K, Shrugging Off Hot U.S. Inflation Print

Major U.S. equity indices closed the day lower as faster CPI reading for March, will BTC was up 1%.Source link

Bitcoin Whales Are Hungrier Than Ever for BTC—Here’s Why

Demand from big investors is outpacing issuance of the “digital gold,” according to CryptoQuant.Source link

Nigerian Central Bank Prohibits Use of Foreign Exchange as Collateral for Local Currency Loans

The Central Bank of Nigeria has barred the use of foreign exchange as collateral for local currency loans. In its April 8 letter addressed to banks, the CBN warned of severe consequences for banks that fail to comply with the latest directive. Halting the Slide of the Naira Hamstrung by ongoing shortages of U.S. dollars,Source link