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US Government Transfers 10,000 Silk Road BTC to Coinbase

US Government Transfers 10,000 Silk Road BTC to Coinbase

A wallet controlled by the US Department of Justice has transferred 10,000 BTC ($580 million), linked to the dark web marketplace Silk Road, to a Coinbase Prime wallet. The transaction was recorded by Arkham. BREAKING: 10K Silk Road BTC ($593.5M) moved to Coinbase Prime Wallet bc1ql received 10K BTC from a known US Government wallet […]

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Bitcoin Mining Difficulty Decreases by 4.19%

Bitcoin Mining Difficulty Decreases by 4.19%

Following the latest recalibration, the difficulty of mining the leading cryptocurrency has decreased by 4.19%, settling at 86.87 T. Source: BTC.com. The average hash rate since the previous adjustment was 740.3 EH/s, with the interval between blocks being eight minutes and 24 seconds. According to Glassnode, the smoothed 7-day moving average of computational power reached […]

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Riot Platforms Expands Stake in Bitfarms to 18.9%

Riot Platforms Expands Stake in Bitfarms to 18.9%

Mining firm Riot Platforms has acquired an additional 1 million shares of Bitfarms, raising its stake to 18.9% with the intention of a hostile takeover, as reported by The Block. Currently, Riot Platforms holds over 85.29 million securities of its competitor, making it the largest shareholder. On August 13, Bitfarms co-founder Nicolas Bonta resigned from […]

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dYdX Chain Unveils Details of Major Upcoming Upgrade

dYdX Chain Unveils Details of Major Upcoming Upgrade

This autumn, the DeFi platform dYdX will implement a significant upgrade to its blockchain, described by developers as the “most extensive” since the launch of dYdX Chain. dYdX Unlimited, coming soon. With a range of new groundbreaking features, this will be the biggest upgrade to dYdX Chain since launch. ? Here’s what you can look […]

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TON Ventures Secures $40 Million in Funding

TON Ventures Secures $40 Million in Funding

Former TON Foundation employees Jan Wittkopp and Inal Kardan founded the venture firm TON Ventures, securing initial investments of $40 million. The initiative aims to support startups within The Open Network (TON). “We will invest at the application level, as well as in tools that enhance the development and monetization process of TON ecosystem applications,” […]

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Mercedes-Benz Partners with ByteDance for AI Integration

Mercedes-Benz Partners with ByteDance for AI Integration

The German automotive giant Mercedes-Benz has formed a partnership with ByteDance’s cloud division, Volcano Engine, to collaborate on artificial intelligence. This was reported by SCMP. The companies have signed a memorandum of strategic cooperation in the fields of big data, large language models (LLM), and artificial intelligence. The deal involves applying the AI technology underlying […]

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God or golem? Why AI inspires religious awe

God or golem? Why AI inspires religious awe

Individuum has released a Russian translation of American writer Meghan O’Gieblyn’s book «Бог, человек, животное, машина. Поиски смысла в расколдованном мире». With the publisher’s permission, we present an excerpt explaining how a seemingly odd religious observation by Norbert Wiener, the father of cybernetics, has been clarified by the rise of modern artificial intelligence. Data: Individuum. […]

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Goldman Sachs and DRW Reveal Crypto ETF Holdings

Goldman Sachs and DRW Reveal Crypto ETF Holdings

Investment bank Goldman Sachs and trading firm DRW Holdings have disclosed in their filings to the SEC the addition of cryptocurrency-related exchange-traded funds to their portfolios. As of the end of July, the former institution held shares in spot BTC-ETFs from BlackRock, Fidelity, Grayscale, Invesco Galaxy, Bitwise, WisdomTree, and Ark 21Shares, valued at $418.7 million. […]

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MetaMask to Launch Mastercard Crypto Card in Europe

MetaMask to Launch Mastercard Crypto Card in Europe

The non-custodial crypto wallet MetaMask is set to launch a Mastercard debit card in partnership with Baanx, as reported by CoinDesk. Initially, the product will be available in a pilot phase to “several thousand” users from EU countries and the UK. A full rollout is planned for the end of the year, with subsequent expansion […]

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US Inflation Slows Further as Bitcoin Dips Below $60,000

US Inflation Slows Further as Bitcoin Dips Below $60,000

In July, annual inflation in the United States reached 2.9%, down from 3% the previous month. This figure surpassed market expectations, which had anticipated a continuation of the previous growth rate. On a monthly basis, the consumer price index rose by 0.2% following a 0.1% decline in June. This result matched the consensus forecast. Excluding […]

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Bitcoin Market Sees a Return to HODLing, Say Experts

Bitcoin Market Sees a Return to HODLing, Say Experts

Amidst the indecision of Bitcoin investors following a sharp decline in early August, a clear return to long-term coin accumulation is evident, according to Glassnode. With the market currently digesting the largest #Bitcoin downtrend of the cycle, indecision amongst digital asset investors remains apparent. However, below the surface, a distinct return to HODLing and accumulation […]

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Stablecoin Issuance Could Propel Bitcoin's Continued Rally, Says 10x Research

Stablecoin Issuance Could Propel Bitcoin’s Continued Rally, Says 10x Research

The surge in stablecoin issuance might be the key to sustaining Bitcoin’s rally, according to Marcus Thielen, founder and CEO of 10x Research. #Bitcoin Traders Speculate on Potential Bullish Impact of $2.5 Billion Stablecoin Inflow ?1-10) Monitoring and analyzing crypto money flows is crucial for assessing market conditions that can act as tailwinds or headwinds […]

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