Top Cryptocurrency News for October 8
🔵 MARA, one of the largest publicly traded Bitcoin mining companies, has launched an exciting new pilot program to power its operations using excess natural gas from U.S. shale fields, as reported by Reuters. The move comes as the battle for energy between artificial intelligence (AI) data centers and Bitcoin mining operations continues.
🔵 Cryptocurrency trading platform Bison, owned by Boerse Stuttgart Group, recently launched a staking insurance service for its Ethereum customers. The move aims to provide security against the risks associated with staking cryptocurrencies. It also allows customers to stake as little as 0.005 Ethereum (ETH) and receive weekly rewards.
🔵 According to analytics platform Lookonchain, a large Ethereum holder who participated in Ethereum’s initial coin offering (ICO) has transferred 5,000 ETH to cryptocurrency exchange Kraken. These crypto assets are currently valued at $12.22 million.
🔵 Crypto.com has filed a lawsuit against the SEC after receiving a Wells notice. Crypto.com claims that the SEC overstepped its jurisdiction and disputes the agency’s claim that most cryptocurrencies are securities.
🔵 Binance has announced the 60th project on Binance Launchpool – Scroll (SCR). Users will be able to lock up their BNB and FDUSD to receive SCR for two days. Farming will begin on October 9 at 03:00 MSK, and Binance Pre-Market will then list SCR on October 11 at 13:00 MSK.
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