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HIVE Digital has finalized the acquisition of Bitfarms partially completed 200-megawatt Bitcoin mining facility in Yguaz, Paraguay, for $56 million. The deal includes an upfront payment of $25 million due at closing in the first quarter of 2025, with the remaining $31 million to be paid in six equal monthly installments. According to an announcement

A New York court has sentenced Antonia Perez Hernandez, a key promoter in the Forcount Ponzi scheme, to 30 months in prison. The ruling, delivered by U.S. District Judge Analisa Torres on January 27, follows Hernandezs guilty plea to conspiracy to commit wire fraud. The Tampa resident is said to have been part of a

Forbes has released its third annual Best Crypto Exchange ranking, evaluating over 200 firms based on security, trading volume, fees, regulatory compliance, and transparency. CME Group, Coinbase, and Bitstamp emerged as the top three most trustworthy crypto exchanges. Chicago-based CME Group, an $85 billion firm with a long history in futures trading, emerged as the

HIVE Digital has finalized the acquisition of Bitfarms partially completed 200-megawatt Bitcoin mining facility in Yguaz, Paraguay, for $56 million. The deal includes an upfront payment of $25 million due at closing in the first quarter of 2025, with the remaining $31 million to be paid in six equal monthly installments. According to an announcement

Ethereum appears to be regaining momentum, showing a notable recovery after reclaiming the $3,200 level. The asset has surged over 5% in the past day, pushing its market capitalization and daily trading volume higher. This recent movement has narrowed the gap between Ethereums current price and its all-time high to just 33%, giving investors reasons

Bitcoin (BTC) continues to trade above $34,000 after the Bank of Japan (BOJ) softened its grip on the yield curve control (YCC) program, counteracting the Federal Reserves liquidity tightening. At press time, the leading cryptocurrency by market value changed hands at $34,300, representing a 0.18% drop on a 24-hour basis, CoinDesk data show. On Tuesday,

Former Securities and Exchange Commission (SEC) Chair Gary Genslers return to his old MIT haunt has ignited backlash from a section of the crypto industry. Gensler previously taught at the university before leading the SEC, where he became deeply unpopular for his strict regulatory approach. On January 27, the Massachusetts Institute of Technology announced it

Cryptocurrencies appear to have staying power, Federal Reserves Chairman Jerome Powell said in June. Perhaps truer words have never been spoken, as the market value of all cryptocurrencies has doubled to $1.3 trillion this year, recovering from last years crash. More impressive is the renewed interest in centralized crypto-collateralized finance after last years controversial collapse

Crypto derivatives trading became bigger than ever in March, but its share in the total market activity declined for the sixth consecutive month, according to London-based digital assets data provider CCData. Trading volume in futures and options tied to cryptocurrencies on centralized exchanges rose 86.5% to a record high of $6.18 trillion, translating to three