Alright degenerates, it’s time to check out the drama heating up in the Synthetix world. It’s like a reality show where your life savings in crypto are at stake. At the same time, the celebrity judge is going full Gordon Ramsay on these poor contestants. Fortunately, the founder, Kain Warwick,...
Synthetix, a decentralized finance (DeFi) protocol, is facing challenges with its stablecoin, sUSD, which has experienced instability and deviations from its intended 1:1 peg with the US dollar since the beginning of 2025. On April 18, sUSD fell to $0.68, a 31% decline from its dollar peg. In reaction, Synthetix...
The landscape of decentralized finance (DeFi) can be ruthless. When a stablecoin departs from its peg, it sends ripples throughout the ecosystem. Most recently, sUSD — the Synthetix network stablecoin — experienced a significant depeg. On April 18, its price dropped below that value, falling as low as $0.68. This...
Synthetix’s sUSD stablecoin is teetering, and founder Kain Warwick isn’t pulling any punches. He’s fully prepared to use “the stick” against SNX stakers to force sUSD back to its $1 peg. This situation is very extreme. Can we really afford to say his approach doesn’t matter when a fundamental part...
Bitcoin mining is the integral process that serves as the backbone of the Bitcoin network. It’s how new bitcoins are generated, and it’s how transactions are confirmed and added to the public blockchain. To those unfamiliar with the crypto space, the word “mining” may seem a bit scary. Learning the...
The odds on a Ripple exchange-traded fund (ETF) getting approved in 2025 have lowered slightly. It is now sitting at 89% on Polymarket. This figure is a decrease from the 98.2% recorded on June 3. Even with the recent ups and downs, there is no shortage of optimism when it...
In what could go down as the biggest new Bitcoin whale transfer to date, a whale just made the first move on their stash of 80,000 BTC that they’ve held for 14 years! This unexpected move has caused waves in the crypto sector. That monumental deal would be consummated on...
Bitcoin mining operation CleanSpark just announced their highest monthly figure, $74 million of Bitcoin sales revenue. This accomplishment speaks volumes about their operational efficiencies and strategic decisions in the cutthroat arena of crypto mining. This historic accomplishment is a testament to their extraordinary mineral production prowess. It highlights their smart,...
CleanSpark's recent headlines are hard to ignore: 685 Bitcoin mined in a single month, $61 million in revenue, and a hashrate reaching 50 EH/s. They have a Bitcoin treasury that makes them the seventh largest company by market capitalization — as publicly traded companies go. Before we hand them the...
Looking to learn all of this and more? Look no further! The future just smacked you upside the head with a $74 million Bitcoin boom! CleanSpark just recently brought in a jaw-dropping $40 million worth in Bitcoin! This counter, as it ticks up, shouts that crypto is not a passing...
Alright, let's cut to the chase. 80,000 Bitcoin, dormant for over fourteen years, now suddenly active? That’s not just a little ripple, that’s an industry-changing potential seismic event in the world of crypto. Bitcoin has been trading around all-time highs, thanks to institutional inflows and the imminent approval of spot...
6 Billion Dollars Worth of HopeThe sleeping giant has stirred. BTC80,000, dormant since 2011, have just awoken. This arresting shift has brought a fresh spark of energy to the crypto space. Forget the technical jargon for a moment. Forget the blockchain and the hash rates. This is not a technical...