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Blockchain

Toncoin Down Over 5% Today


The Open Network (TON) Foundation, a nonprofit organization dedicated to the long-term success of the Toncoin (TON) ecosystem, has clarified that there is no official deal with the government of the United Arab Emirates (UAE). The TON Foundation has highlighted that the previous rumors that a Golden Visa program for the Toncoin holders is not true.

However, the TON Foundation indicated that such a collaboration is in the early stages of development.

“We fully support the joint statement issued by the Federal Authority for Identity, Citizenship,…



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by Cointelegraph

United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue for the third quarter increased 87% year-over-year to $50.6 million, with “digital asset revenue” making up $43.4 million, according to TeraWulf’s Q3 earnings report on Monday. In Q1, the company had reported a net loss, and in Q2, the miner’s revenue increased 34% year-over-year to $47.6 million.  “These increases were… Source link

by Tech In Asia

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by Tech In Asia

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