Economy

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,

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

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 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

LayerZero Labs has announced a new initiative to combat fraudulent activity within its network, dubbed the "Sybil Hunter" program. This program is designed to identify and address Sybil attacks—where a user creates multiple accounts to exploit network services unfairly. The announcement comes as the company prepares for an upcoming