BIT Mining Increases Second Quarter Revenue to $74.1M
In the intricate world of cryptocurrency mining, the New York Stock Exchange-listed BIT Mining Limited has unveiled a financial tableau that paints a dynamic picture. In the realm of the second quarter, the company's coffers swelled with a revenue of $74.1 million, a notable rise of $1.2 million when compared to the prior three months. Yet, in the grand tapestry of time, echoes of comparison resound. The same period in 2022 saw the company's coffers diminished by $121.4 million, a t...
BIT Mining Increases Second Quarter Revenue to $74.1M
In the intricate world of cryptocurrency mining, the New York Stock Exchange-listed BIT Mining Limited has unveiled a financial tableau that paints a dynamic picture. In the realm of the second quarter, the company's coffers swelled with a revenue of $74.1 million, a notable rise of $1.2 million when compared to the prior three months. Yet, in the grand tapestry of time, echoes of comparison resound. The same period in 2022 saw the company's coffers diminished by $121.4 million, a t...
EraLend DeFi protocol hacked for $3.4 million
On the zkSync Era network, the EraLend decentralized finance (DeFi) protocol fell victim to a hacker, resulting in the theft of approximately $3.4 million worth of digital assets. The attack was orchestrated by an unknown assailant who exploited vulnerabilities in the protocol's smart contracts. The zkSync Era network is a layer-2 scaling solution that aims to enhance the scalability and efficiency of blockchain transactions. Unfortunately, the recent breach in the EraLend protocol has r...
EraLend DeFi protocol hacked for $3.4 million
On the zkSync Era network, the EraLend decentralized finance (DeFi) protocol fell victim to a hacker, resulting in the theft of approximately $3.4 million worth of digital assets. The attack was orchestrated by an unknown assailant who exploited vulnerabilities in the protocol's smart contracts. The zkSync Era network is a layer-2 scaling solution that aims to enhance the scalability and efficiency of blockchain transactions. Unfortunately, the recent breach in the EraLend protocol has r...
Flashbots Becomes a Unicorn in a $60M Round
Flashbots, an infrastructure company focusing on reducing the negative impact of "maximum extractable value" (MEV) in Ethereum, has successfully raised $60 million in a Series B funding round. The investment round was backed by prominent venture capital firms, L2 projects, business angels, developers of decentralized marketplaces, and other applications. With a valuation of $1 billion, the newly raised funds will be utilized by the Flashbots team to develop the SUAVE platform. SUAVE aims to e...
Flashbots Becomes a Unicorn in a $60M Round
Flashbots, an infrastructure company focusing on reducing the negative impact of "maximum extractable value" (MEV) in Ethereum, has successfully raised $60 million in a Series B funding round. The investment round was backed by prominent venture capital firms, L2 projects, business angels, developers of decentralized marketplaces, and other applications. With a valuation of $1 billion, the newly raised funds will be utilized by the Flashbots team to develop the SUAVE platform. SUAVE aims to e...
Analysts recorded an outflow of crypto assets from Multichain for $103 million
Analysts have reported an outflow of approximately $103 million in crypto assets from the Multichain decentralized exchange platform. The data suggests that users have been withdrawing their funds from Multichain, leading to a significant decrease in the total value of assets held on the platform. The reasons for this outflow of funds are not entirely clear, as various factors can contribute to such movements in the cryptocurrency market. However, market sentiment, regulatory concerns, or spe...
Analysts recorded an outflow of crypto assets from Multichain for $103 million
Analysts have reported an outflow of approximately $103 million in crypto assets from the Multichain decentralized exchange platform. The data suggests that users have been withdrawing their funds from Multichain, leading to a significant decrease in the total value of assets held on the platform. The reasons for this outflow of funds are not entirely clear, as various factors can contribute to such movements in the cryptocurrency market. However, market sentiment, regulatory concerns, or spe...
Hedera network integrated ChatGPT
In an exciting development, the Hedera Hashgraph blockchain team has integrated plugin support featuring the cutting-edge ChatGPT language model. This integration marks a significant step forward in enhancing the capabilities and user experience of the platform. By incorporating ChatGPT, Hedera Hashgraph empowers developers and users with advanced natural language processing capabilities. This integration allows for more dynamic and interactive interactions within the blockchain ecosystem, op...
Hedera network integrated ChatGPT
In an exciting development, the Hedera Hashgraph blockchain team has integrated plugin support featuring the cutting-edge ChatGPT language model. This integration marks a significant step forward in enhancing the capabilities and user experience of the platform. By incorporating ChatGPT, Hedera Hashgraph empowers developers and users with advanced natural language processing capabilities. This integration allows for more dynamic and interactive interactions within the blockchain ecosystem, op...
