MicroStrategy announced Friday that it had purchased an additional 314 bitcoin for $10 million in cash.
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The feature, added to alleviate fee pressure during Bitcoin’s bull market, could be live within a month’s time.
We have the core tech to enable radically more ethical and beneficial social media networks. Here’s what we’ll need.
The Canada-listed firm said it’s using the loans to order 5,400 units of MicroBT’s WhatsMiner M30S, which are set to go online by February.
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The new machines will add 475 PH/s to Hut 8’s hash power.
Trusts for Chainlink, Basic Attention Token, Decentraland, Livepeer and Tezos were all recently registered in Delaware.
Quick Take
- High Ethereum gas price leads to an increase in gas tokens’ popularity.
- The CHI token from 1inch is most often used, despite its primary users being on-chain arbitrageurs.
- The amount of gas used in transactions to obtain a gas refund in the future is less than one percent of the total gas used.
- There are both ordinary speculators on the gas tokens market, expecting a doubling in the gas price for break-even, and arbitrage bots.
Despite a bounce earlier on Friday, bitcoin may yet see further losses in the near term.
Defendants allege the mining company made false and/or misleading statements and failed to disclose the true extent of its mining operations.
Grayscale Bitcoin Trust’s (GBTC’s) premium has fallen below 5% from about 40% a month ago, according to data tracked by The Block.
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