Security breach reports send Farcana (FAR) crushing 60%
Farcana (FAR) token has plunged 60% due to a reported wallet hack. Farcana has responded to the breach reports and urged caution, reassured users of ongoing security efforts. Founded in…
Bit24.cash faces backlash after reports of KYC data breach
Bit24.cash, an Iranian exchange, faces KYC data breach affecting 230K users. Research uncovers misconfiguration, exposing passports, IDs, and credit cards. Conflicting claims between Cybernews and Bit24.cash prompt user concerns. Bit24.cash,…
Tether plans to start publishing real-time reserve reports in 2024
Tether is planning to introduce real-time reserve data reporting by 2024. Tether currently updates its reserve data daily and issues monthly and quarterly reports, According to its Q2 attestation Tether…
Bitfarms reports a 7.3% increase in its monthly mining output
Bitfarms produced 411 bitcoins last month and sold 362. The Canadian miner is still lagging behind last year’s figures. Bitfarms stock is currently down 40% versus its recent high. Bitfarms…
FTX reports a cybersecurity breach involving its claims agent Kroll
Kroll is acting as the claims agency for FTX in the ongoing bankruptcy case. Kroll is in contact with the affected individual. FTX is seeking to increase its crypto holding…
Recently listed Bitcoin Depot reports record revenue for its Q2
Bitcoin Depot reports an 18% annualised growth in its Q2 revenue. The Bitcoin ATM operator also updated its full-year guidance today. Bitcoin Depot stock is in the green only marginally…
CleanSpark reports a 47% annualised growth in quarterly revenue
CleanSpark narrowed its loss in its fiscal third quarter. The bitcoin mining company had a blockbuster July. CleanSpark shares are up over 150% YTD at writing. Bitcoin miner CleanSpark Inc…
Bitcoin miner Marathon Digital reports a disappointing second quarter
Marathon Digital reports weaker-than-expected results for its fiscal Q2. CEO Fred Thiel was still positive in the press release on Tuesday. Marathon Digital stock is currently up more than 350%…
Block reports a 34% increase in its second-quarter Bitcoin revenue
Block reports market-beating results for its fiscal second quarter. It attributed nearly half of its quarterly revenue to Bitcoin sales. Shares of the fintech still ended nearly 15% down on…
Coinbase reports a 13% sequential decline in transaction revenue
Coinbase reported its second-quarter financial results on Thursday. Berenberg analyst Mark Palmer sees downside in “COIN” to $39. Coinbase stock has nearly tripled since the start of the year 2023.…