Author: Michael Fawn
Michael Fawn
Michael Fawn is a cryptocurrency journalist and blockchain analyst with a passion for breaking down complex market trends into easy-to-understand insights. Covering everything from Bitcoin and Ethereum to emerging altcoins and Web3 innovation, Michael focuses on delivering accurate, timely, and engaging crypto news for investors and enthusiasts alike. With years of experience following the digital asset industry, Michael keeps readers informed on the latest developments shaping the future of finance.
Bernstein reported that weekly deals for AI-related Bitcoin mining surpassed 7.5 GW of power capacity during July, indicating significant growth.
The Pi Network’s price rally appears to be faltering as open interest in the cryptocurrency experiences a significant decline, suggesting waning investor enthusiasm.
The shutdown of BitMEX has led to a dramatic 90% price drop for its BMEX token, with competitors like Binance and Hyperliquid capturing market share.
Proof of reserves is now an industry expectation as crypto exchanges use cryptography to prove customer assets are fully backed and users can verify their…
BlackRock and Strategy have created a new Bitcoin Security Consortium to address potential threats from quantum computing.
Crypto derivatives exchange BitMEX is shutting down completely. Traders are advised to withdraw their funds immediately before the platform closes.
Concerns about AI-driven DeFi hacks are currently exaggerated, though potential risks remain significant for protocols with vulnerabilities.
Analysis suggests Bitcoin’s price is unlikely to see significant recovery without fundamental shifts, indicating a lack of expected external support.
Abu Dhabi’s Mubadala Capital is entering the tokenization space, with Coinbase acquiring a stake in its new onchain fund.
A proposed cryptocurrency bill in the Senate has stalled due to Democratic opposition to the Department of Justice having sole ethics enforcement power.