EddieJayonCrypto

 10 Sep 24

tl;dr

• Bitcoin Hashrate Hits New All-Time High Despite Bearish Trend: Bitcoin's mining hashrate reaches a new all-time high, signaling increased miner interest despite a bearish price trend.• Tap-to-earn games on Telegram, powered by The Open Network (TON), are attracting venture capitalists due to their...

• Bitcoin Hashrate Hits New All-Time High Despite Bearish Trend: Bitcoin's mining hashrate reaches a new all-time high, signaling increased miner interest despite a bearish price trend.
• Tap-to-earn games on Telegram, powered by The Open Network (TON), are attracting venture capitalists due to their scalability and monetization potential.
• Tether Makes $100 Million Investment in South American Agriculture: Tether invests $100 million in South American agricultural firm Adecoagro, expanding its portfolio beyond crypto into traditional industries.
• FTC Report Reveals Bitcoin ATM Security Threats: A recent FTC report highlights the security risks associated with Bitcoin ATMs, including scams and cyber-attacks.
• Whale Narrowly Avoids Wrapped Bitcoin Liquidation on DeFi Platform of $26M: A large Wrapped Bitcoin holder narrowly escapes liquidation on Compound, underscoring volatility in DeFi markets.
• Bitcoin ETFs see declining interest, with traditional finance investors showing hesitance despite initial hype after approval in January.
• Texas & Four States Settle $1B Illicit Crypto Scheme: Texas and four states settle a $1 billion crypto investment scheme, seeking full reimbursement for affected investors.
• Travis Kling warns of a "quiet quitting crisis" in the crypto sector, noting overvaluation and disengagement from employees.
• Shiba Inu's Shibarium unlock announcement leads to a price surge and renewed investor interest.

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