Marathon Digital revises its 2024 hash rate target to 50 EH/s, leveraging recent acquisitions. ZkSNACKs discontinues services for U.S. customers. Movement Labs secures $38M for blockchain projects.

El Salvador's President Nayib Bukele unveils a substantial Bitcoin holding, sparking enthusiasm among crypto enthusiasts. Despite discrepancies, confirmation from Arkham Intelligence solidifies the legitimacy of the disclosed holdings, which contribute to the country's diverse income streams.

Compass Mining, a cryptocurrency mining company, reported that Bitmain is changing its ASIC design which is the device used in bitcoin mining, requiring updating if the user wants to continue operating efficiently. This change caused the old devices to cease functioning completely or partially in...