Crypto News

Bitcoin miner HIVE Digital Technologies (HIVE) has surpassed 10 exahash per second (EH/s) in hashrate capacity, a 58% increase from April, driven by the launch of a 100-megawatt hydro-powered site in Paraguay. The company said in a press release on Friday that it's on track to reach 25 EH/s by the end of 2025.The firm mined 139 bitcoin in May, or an average rate of 4.5 BTC per day. Peak capacity hit 10.4 EH/s while average hashrate for the month stood at 8.5 EH/s. HIVE said its fleet efficiency remained steady at around 20 joules per terahash (J/TH), and its network share now exceeds 1% of global Bitcoin mining power.The new facility in Paraguay reflects a broader trend in the...

Adidas will provide exclusive digital apparel and content for the new mobile game FIFA Rivals under a multi-year agreement. Exclusive Adidas Content Launches With FIFA Rivals on June 12 The partnership coincides with the global launch of FIFA Rivals on iOS and Android on June 12. Developed by Mythical Games in partnership with FIFA, theSource link

Trump-Elon feud Erupts, Crypto falls, Coinbase to list Fartcoin FOMO HOUR EP373FOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the crypto and macro spheres! Join hosts Farokh, Mando and Tyler as they cover some of the biggest topics at present with some of the biggest names in the ecosystem. Streaming live 5 days per week, Monday to Friday 10:00 AM EST to 11:00 AM EST on YouTube and X.Crypto drops then rebounds after Trump-Elon feud. DOGE, ADA & ETH lead decline in top 20 coins. Circle stock spikes 200% post IPO, trading halted. Strategy increases preferred stock issuance to $1bn. Metaplanet to issue $5.4b equity to buy BTC. Trump earned $1bn from crypto...

Crypto prediction market Polymarket and Elon Musk-led artificial intelligence (AI) firm xAI — which owns X, the social media platform formerly known as Twitter — announced a partnership on Friday.Proud to announce Polymarket's partnership with X and xAI as their Official Prediction Market Partner," Shayne Coplan, the prediction platform's CEO, posted on X. "The two top truth seeking apps on the internet are stronger together," he added. "Welcome to News 2.0."The official X account confirmed the deal with a tweet of its own.At press time, no other details of the arrangement were shared.The announcement comes a day after Musk and U.S. President Donald Trump very publicly fell out over the national debt and the GOP's attempts to pass a new...

Publicly traded healthtech firm Know Labs is planning to buy 1,000 Bitcoin under its new leader, noted fintech investor Greg Kidd.Source link