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July 3, 2023
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Hut 8 relocates 6,400 rigs, sees growth in AI and high-performance computing

Bitcoin mining firm Hut8 continues to relocate miners from its idle North Bay site, with increasing demand for AI and high-power computing.   Hut 8 Mining, […]
July 3, 2023
Twitter-img

Elon Musk imposes ‘rate limit’ on Twitter, citing extreme ‘system manipulation’

Verified Twitter users will be allowed to view 10,000 posts daily, while new, unverified accounts will get 500 under the new limits.   Social media platform […]
July 3, 2023
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Binance conducts 11th LUNC burn, 2.65 billion tokens destroyed

The Terra Classic burn mechanism automatically burns tokens whenever a transaction occurs on the network.   Binance, the leading cryptocurrency exchange globally, has completed its 11th […]
July 3, 2023
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Belarus wants to ban P2P cryptocurrency transactions

The Ministry of Foreign Affairs of the Republic of Belarus cited a high crypto crime rate for banning all citizens from exchanging Bitcoin with each other. […]
July 3, 2023
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AI-generated fake news sparks rumors of Gary Gensler’s resignation

The rumors, which have set crypto Twitter ablaze, are the latest example of AI disinformation at work.   Rumors surrounding the resignation of United States Securities […]
June 30, 2023
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SEC to present response to Coinbase’s legal defense on July 13

The court also rescheduled the pre-trial conference to a pre-motion conference, shifting it to July 13 from its original date of Aug. 24.   The United […]
June 30, 2023
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Revolut US to delist ADA, MATIC and SOL in September

Crypto-friendly neobank Revolut has halted purchases of Cardano, Polygon and Solana for U.S. customers, but holding and selling remains available until mid-September.   Revolut, the cryptocurrency-friendly […]
June 30, 2023
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Fidelity renews push for spot Wise Origin BTC Trust, making it 7th applicant this year

The huge asset manager was denied approval for the Wise Origin Trust last year; now, it is joining a long line of spot fund hopefuls.   […]
June 29, 2023
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Bitcoin salary: Employees choose crypto paychecks amid economic instability

Volatility among some fiat currencies has made stablecoins like USDC a more attractive option for payroll, according to HR executives.   Executives in the human resources […]
June 29, 2023
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Bitcoin miners send record $128M in revenue to exchanges

Bitcoin miners have sent up to 315% of their daily revenue to exchanges but BTC prices are yet to react.   According to on-chain analytics platform […]
August 22, 2023
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Coin Center responds to US lawmakers’ request for crypto tax guidance

The crypto advocacy group’s suggestions included a de minimis exemption for crypto transactions and having the IRS provide guidance on block rewards, airdrops and hard forks. […]
August 22, 2023
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Central African Republic expands Sango project to land, resource tokenization

Asset tokenization has been in the works for a year. The ambitious project has also included investor citizenship and an island in the metaverse.   The […]
August 22, 2023
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AI unlikely to destroy jobs, but cost to certain workers may be ‘brutal’ — UN study

The International Labour Organization study says that AI will more likely augment jobs than destroy them, though certain roles could be at more risk than others. […]
August 21, 2023
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Friend.tech generates over $1M fees in 24h, surpassing Uniswap, Bitcoin networks

Launched in beta on Aug. 11, the platform allows users to tokenize their social network by buying and selling “shares” of their connections.   Recently launched […]
August 21, 2023
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China proposes to bring its social credit system to the metaverse: Report

Proposals to a United Nations group reportedly show China wants digital IDs and real-world punishments for actions that occur in the Metaverse.   According to a […]
August 21, 2023
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Bitget mandates KYC requirements in line with tightening global regulations

The exchange operator is implementing new KYC requirements for users from September 2023 to comply with developing global regulatory guidelines.   Bitget, a cryptocurrency derivatives exchange […]
August 21, 2023
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‘I give it six to eight weeks’ — Critics warn Friend​.tech hype won’t last

Most crypto industry heavyweights have been bullish about the new decentralized social media app Friend.tech, but some critics warn it’s getting too hot too quickly.   […]
July 31, 2023
BNB Chain-img

BNB Smart Chain hit with copycat Vyper attack, $73K exploited

While Ethereum-based protocols have been hit with the majority of the exploit activity, BNB Smart Chain has also seen similar copycat exploits, according to BlockSec.   […]
July 31, 2023
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Binance to offer crypto broker-dealer services in Dubai with new license

Binance is now officially allowed to offer crypto services to institutional and qualified retail investors in Dubai.   Binance has announced that its Dubai-based subsidiary, Binance […]

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