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Semler Scientific Invests $40 Million in Bitcoin, Adding 581 BTC to Its Reserves

In a notable move within the medical technology sector, Semler Scientific has acquired 581 BTC for $40 million, signaling a strategic shift towards incorporating cryptocurrencies into its financial reserves. The company, which specializes in marketing technologies for the healthcare industry, announced that it now considers Bitcoin a primary treasury reserve,

Demand for Ethereum Spot ETFs Could Reach 25% of Bitcoin Fund Levels, Predicts Expert James Seyffarth

In the dynamic world of cryptocurrency investments, Ethereum-based financial products are gaining notable attention. According to James Seyffarth, a Bloomberg analyst, the demand for Ethereum spot Exchange Traded Funds (ETFs) could potentially rise to represent 25% of the market demand seen by their Bitcoin counterparts. Seyffarth shared his insights during

Polyhedra Network Accuses zkSync of Token Ticker Theft Amidst Rising Web3 Tensions

In a recent and public escalation of tensions within the Web3 infrastructure community, Polyhedra Network has leveled serious accusations against fellow blockchain project zkSync. The heart of the controversy centers on the ticker symbol 'ZK', which both companies have chosen to represent their tokens, sparking concerns over ethical conduct and

Biden Campaign Team Seeks Meme Specialist for Pre-Election Push

The Biden reelection campaign has recently posted a job opening for a digital content and meme expert, highlighting the modern strategies political campaigns employ to engage voters. The job listing, found on the Lever employment website, outlines the need for a dynamic individual capable of spearheading the production of engaging

Mint Project Team Announces Mainnet Launch for Developers and Introduces GreenID SBT Tokens for Mint Forest Users

The team behind the Mint blockchain has officially announced the launch of a mainnet specifically tailored for developers. This development is a significant step in allowing them to test their solutions in a real-world environment before the public rollout scheduled for July 2024. The mainnet launch is part of Mint's

Gala Games Suffers Over $21 Million Loss in Smart Contract Exploit

On May 21, Gala Games faced a significant security breach when an unidentified attacker gained access to its smart contracts and issued 5 billion GALA tokens, leading to a substantial financial setback for the company. The attack resulted in the unauthorized exchange of 592 million GALA tokens for 5,952

LayerZero Labs Halts 'Sybil Hunting' Program Temporarily as Reports Overwhelm the Team

LayerZero Labs, under the leadership of CEO Bryan Pellegrino, has announced a temporary halt to their 'Sybil Hunting' initiative. The program, designed to root out deceptive participants in their token distribution campaign, encountered an overwhelming number of reports concerning potential 'sybils'—fraudulent entities attempting to manipulate the system. The initiative

JPMorgan Raises Bitcoin Mining Cost Estimate to $45,000 Amid Reduced Block Rewards, Expects Asset Price to Drop to $42,000 in the Medium Term

JPMorgan analysts have recently revised their forecast on the cost of mining Bitcoin following a halving event that reduced block rewards. In their updated report, they now estimate the cost to mine the cryptocurrency at $45,000. This adjustment is a response to ongoing changes in the mining sector and

Trader Turns $1,500 into $202,000 in Five Minutes Thanks to TOBI Meme Coin

In a stunning demonstration of digital currency's potential, an unidentified trader managed to increase their investment by an astonishing 137 times within just five minutes, turning $1,470 into $202,000. This remarkable financial feat was accomplished through strategic trades involving the meme coin TOBI on the Solana blockchain network.