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Phoenix Group Reports 236% Revenue Surge, Hits $107M Amid Global Crypto Mining Expansion
Phoenix Group Reports 236% Revenue Surge, Hits $107M Amid Global Crypto Mining Expansion

Abu Dhabi's Phoenix Group saw a 236% revenue surge, reaching $107M in 2024, fueled by global expansion and strategic diversification in digital assets.

CryptoNews·2025/02/12 18:33
The Daily: Trump to tap a16z's Brian Quintenz for CFTC chief, Elon Musk-related memecoin dumps and more
The Daily: Trump to tap a16z's Brian Quintenz for CFTC chief, Elon Musk-related memecoin dumps and more

President Trump plans to nominate Brian Quintenz, head of global policy at venture capital firm a16z crypto, to chair the Commodity Futures Trading Commission, Bloomberg reported, citing a document sent by the White House to Capitol Hill.Elon Musk’s latest profile change on X to “Harry Bōlz” triggered another memecoin pump-and-dump frenzy.

The Block·2025/02/12 18:22
Flash
  • 11:31
    Ruihe Digital Intelligence Approves HKD 80 Million Budget to Expand into Web3 and Crypto Asset Sector
    According to ChainCatcher, Hong Kong-listed company Ruihe Digital Intelligence (03680.HK) has announced that its board of directors has resolved to formally enter the Web3.0 and cryptocurrency asset sectors, while consolidating the Group’s existing artificial intelligence and big data businesses. The board has also approved a budget totaling HKD 80 million to be used over the next two years for the Group’s development of Web3.0 business and investment in cryptocurrency assets (Cryptocurrency Asset Investment Plan).
  • 11:23
    Analysis: The Ancient BTC Whale Activated Today Is an Early Miner
    According to Jinse Finance, on-chain analyst Ai Yi has monitored that this address belongs to an early miner. Tracing its top three sources of funds reveals that all the Bitcoin originated from mining income. Based on an estimated cost of $0.32, the return on investment has exceeded 370,000 times.
  • 11:18
    Dormant for 14.5 Years, a Whale Address Holding Nearly 4,000 BTC at an Average Price of $0.375 Has Awakened
    Odaily Planet Daily News According to on-chain analyst Ember, an ancient whale who accumulated 3,962.6 BTC fourteen and a half years ago (January 2011) ended its dormancy 20 minutes ago and conducted a test transfer.When this address accumulated these BTC in 2011, the price of BTC was only $0.375. Fourteen and a half years later, the price of BTC is now 315,000 times higher than it was back then.In addition, on-chain analyst Ai Yi noted that this address also appears to belong to an early miner. Tracing back the top three sources of funds, all BTC originated from “Coinbase transactions,” meaning mining rewards (unrelated to the Coinbase exchange).
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