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Google Cloud adds 11 blockchains to data warehouse ‘BigQuery’
In 2018, Google launched a Bitcoin data set as part of the service, and later that year, it added Ethereum as well. It continued to expand its blockchain coverage in February 2019, adding Bitcoin Cash, Dash, Dogecoin, Ethereum Classic, Litecoin and Zcash. The Sept. 21 announcement means that BigQuery now carries data from a total of 19 blockchain networks. In addition to adding these new blockchains, Google has also implemented a new feature intended to make blockchain queries easier to execu...
DeFi activity on the decline, but investment rolls in: Finance Redefined
The team behind Balancer, an Ethereum-based automated market maker, believes a social engineering attack on its DNS service provider led to its website’s front end being compromised on Sept. 19, leading to an estimated $238,000 in crypto stolen. “After investigation, it is clear that this was a social engineering attack on EuroDNS, the domain registrar used for .fi TLDs,” the firm explained in a Sept. 20 X (formerly Twitter) post. Approximately eight hours after the first warning of the attac...
How is DeFi margin trading getting safer with this cross-chain protocol?
Earlier this month, a project called Miss Universe Coin was announced at PBW. Donald Lim, the founder of the organization managing the PBW, said during the event that the PBW will “launch the Miss Universe Coin.” However, weeks after the announcement, the official organization behind Miss Universe denied any association with the coin project and called it a fraud. “There is currently no Miss Universe cryptocurrency or blockchain offering, and these products are in no way involved with the vot...
Google Cloud adds 11 blockchains to data warehouse ‘BigQuery’
In 2018, Google launched a Bitcoin data set as part of the service, and later that year, it added Ethereum as well. It continued to expand its blockchain coverage in February 2019, adding Bitcoin Cash, Dash, Dogecoin, Ethereum Classic, Litecoin and Zcash. The Sept. 21 announcement means that BigQuery now carries data from a total of 19 blockchain networks. In addition to adding these new blockchains, Google has also implemented a new feature intended to make blockchain queries easier to execu...
DeFi activity on the decline, but investment rolls in: Finance Redefined
The team behind Balancer, an Ethereum-based automated market maker, believes a social engineering attack on its DNS service provider led to its website’s front end being compromised on Sept. 19, leading to an estimated $238,000 in crypto stolen. “After investigation, it is clear that this was a social engineering attack on EuroDNS, the domain registrar used for .fi TLDs,” the firm explained in a Sept. 20 X (formerly Twitter) post. Approximately eight hours after the first warning of the attac...
How is DeFi margin trading getting safer with this cross-chain protocol?
Earlier this month, a project called Miss Universe Coin was announced at PBW. Donald Lim, the founder of the organization managing the PBW, said during the event that the PBW will “launch the Miss Universe Coin.” However, weeks after the announcement, the official organization behind Miss Universe denied any association with the coin project and called it a fraud. “There is currently no Miss Universe cryptocurrency or blockchain offering, and these products are in no way involved with the vot...
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The company entered into a $150 million share purchase agreement with B. Riley Financial on Aug. 10.
Bitcoin miner Bitdeer Technologies, a firm spun off from prominent Bitcoin application-specific integrated circuit (ASIC) manufacturer Bitmain, recorded a net loss of $40.4 million in the second quarter of 2023, up from a net loss of $15.6 million in Q2 2022.
The company disclosed in its earnings report published on Aug. 11 that the losses were largely attributed to a $33.2 million listing fee paid to Blue Safari relating to Bitdeer’s listing on the Nasdaq exchange. The firm’s revenue increased by 5.2% to $93.8 million. The same day, Bitdeer’s stock was up over 40% on news of a $150 million share purchase agreement with B. Riley Financial. The company’s current market capitalization stands at $1.5 billion.
Year over year, the company's Bitcoin
hash rate increased from 10.5 exahashes per second (EH/s) in Q2 2022 to 18.8 EH/s. Bitdeer’s ASICs under management grew from 119,000 to 199,000 during the same period. The Bitcoin network’s current hash rate stands at 432.94 EH/s. In total, the company mined 758 BTC compared to 521 BTC in Q2 2022. Bitdeer also launched an 18,000-machine mining rig in Bhutan during the quarter and announced the construction of a 175-megawatt mining center in Norway.
In November 2021, Bitdeer announced it would go public via a $4 billion special purpose acquisition company merger. The deal was postponed due to the ongoing crypto winter, only to be finalized in April 2023. After its listing, the company held around $130 million in cash equivalents and $30 million in debt.
https://cointelegraph.com/news/bitdeer-losses-widen-q2-after-one-time-33-m-listing-fee-shares-up-44
The company entered into a $150 million share purchase agreement with B. Riley Financial on Aug. 10.
Bitcoin miner Bitdeer Technologies, a firm spun off from prominent Bitcoin application-specific integrated circuit (ASIC) manufacturer Bitmain, recorded a net loss of $40.4 million in the second quarter of 2023, up from a net loss of $15.6 million in Q2 2022.
The company disclosed in its earnings report published on Aug. 11 that the losses were largely attributed to a $33.2 million listing fee paid to Blue Safari relating to Bitdeer’s listing on the Nasdaq exchange. The firm’s revenue increased by 5.2% to $93.8 million. The same day, Bitdeer’s stock was up over 40% on news of a $150 million share purchase agreement with B. Riley Financial. The company’s current market capitalization stands at $1.5 billion.
Year over year, the company's Bitcoin
hash rate increased from 10.5 exahashes per second (EH/s) in Q2 2022 to 18.8 EH/s. Bitdeer’s ASICs under management grew from 119,000 to 199,000 during the same period. The Bitcoin network’s current hash rate stands at 432.94 EH/s. In total, the company mined 758 BTC compared to 521 BTC in Q2 2022. Bitdeer also launched an 18,000-machine mining rig in Bhutan during the quarter and announced the construction of a 175-megawatt mining center in Norway.
In November 2021, Bitdeer announced it would go public via a $4 billion special purpose acquisition company merger. The deal was postponed due to the ongoing crypto winter, only to be finalized in April 2023. After its listing, the company held around $130 million in cash equivalents and $30 million in debt.
https://cointelegraph.com/news/bitdeer-losses-widen-q2-after-one-time-33-m-listing-fee-shares-up-44
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