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  • Sep 10, 2024

Bitcoin Miners Are Still Buying New Hardware Despite Headwinds—Here’s Why

In the midst of shrinking revenues and rising operational costs, industry experts tell Decrypt that Bitcoin miners are continuing to invest in new, specialized hardware, displaying strong confidence in the future of the leading crypto network despite short-term struggles. According to a Glassnode report released this week, Bitcoin’s hash rate—an essential measure of mining activity—remains near all-time highs, just 1% shy, even though revenues have plummeted. The mining industry is currently fac...

  • Sep 10, 2024

Fewer Women Own Crypto Than Men, But They HODL Just as Well: Report

Crypto is a man’s game? Not quite, according to a new report. In fact, women are just as likely to “HODL” as men are.  That’s what New York-based crypto exchange Gemini said in a new survey of 6,000 people. Their report, “2024 Global State of Crypto,” found that while a gender gap in crypto still exists—with male investors on the whole outnumbering female ones—the number of people who bought digital assets and sat on them is the same between the two sexes.  In the crypto world, to “HODL”—a missp...

  • Sep 10, 2024

Fewer Women Own Crypto Than Men, But They HODL Just as Well: Report

Crypto is a man’s game? Not quite, according to a new report. In fact, women are just as likely to “HODL” as men are.  That’s what New York-based crypto exchange Gemini said in a new survey of 6,000 people. Their report, “2024 Global State of Crypto,” found that while a gender gap in crypto still exists—with male investors on the whole outnumbering female ones—the number of people who bought digital assets and sat on them is the same between the two sexes.  In the crypto world, to “HODL”—a missp...

  • Sep 10, 2024

Aave Considers Coinbase's cbBTC Wrapped Bitcoin, Sparking Decentralization Debate

The Aave community is evaluating a proposal to integrate Coinbase's upcoming Bitcoin wrapper, cbBTC, into its V3 protocol.  The potential connection between a centralized exchange and a decentralized finance (DeFi) platform has ignited a debate about the future of DeFi and the balance between innovation and decentralization. The proposal from the Aave Chan Initiative (ACI) would link cbBTC to both the Base network and Ethereum mainnet. The plan includes an incentive package of $150,000 over thre...

  • Sep 10, 2024

UK Introduces Bill to Classify Crypto Assets Like Bitcoin and NFTs as Personal Property

In a landmark move, the United Kingdom government introduced a bill in Parliament on Wednesday that aims to clarify the legal status of digital assets—including Bitcoin and other cryptocurrencies, as well as NFTs—by recognizing them as personal property under English and Welsh law. The bill, if passed, will create a third category of personal property, expanding beyond the current classifications of "things in possession" and "things in action." This new category will encompass certain digital a...

  • Sep 10, 2024

‘Deadrop’ Game Studio Confirms Layoffs After Booting Dr. Disrespect

Midnight Society, the game studio behind shooter game Deadrop, has confirmed that “significant” layoffs took place after staff started to post about the move on social media. The layoffs come just three months after the company announced that it was “terminating” its relationship with Dr. Disrespect, a popular video game streamer and one of the studio’s co-founders, amid allegations that he inappropriately chatted with a minor. Dr. Disrespect previously confirmed the allegations, but has since b...

  • Sep 10, 2024

Degens Lose Again After Betting That Trump and Harris Would Debate Bitcoin and Crypto

While viewers and commentators might debate who won last night's presidential debate between Donald Trump and Kamala Harris, Polymarket bettors hoping that they would reference Bitcoin under the national spotlight were undoubtedly losers. Bitcoin and cryptocurrency went unmentioned during Tuesday’s high-stakes matchup between the Republican and Democratic nominees, souring bets on crypto prediction market platform Polymarket in the process. Traders wagered approximately $217,000 and $502,000, re...

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