The global cryptocurrency market has plunged over the past 24 hours, with the overall market capitalization falling to a three-year low, according to data from CoinMarketCap.
Read MoreBitdeer Technologies and Cipher Mining saw their stocks plummet after releasing their 2024 earnings reports, highlighting continued struggles to stay profitable. The fourth Bitcoin block reward halving in April 2024 has cut into miners’ revenues, forcing them to look for ways to diversify their operations.
Read MoreSenator Dick Durbin, a Democrat and leader of the Senate Judiciary Committee, has introduced a new bill aimed at reducing fraud involving cryptocurrency ATMs.
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