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February 17, 2024
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Tech giants pledge to curb AI election interference

Twenty leading technology companies announced their commitment on Friday, Feb. 16, to prevent their artificial intelligence (AI) software from influencing elections, including those in the United […]
February 17, 2024
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OpenAI’s valuation reportedly soars to $80 billion in latest deal

OpenAI, a San Francisco-based artificial intelligence (AI) company, has reportedly signed a deal that has skyrocketed its valuation to $80 billion or more, marking a nearly […]
February 17, 2024
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Jupiter’s compliance division revokes investment in Ripple XRP ETP

Jupiter Asset Management’s compliance team has revoked its investment in the 21Shares Ripple XRP exchange-traded product (ETP) due to regulatory issues in Ireland. The firm initially […]
February 17, 2024
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Honduras regulator bans banks from holding, transacting with crypto

The National Banking and Securities Commission of Honduras (CNBS) has issued a resolution prohibiting the country’s financial institutions from engaging with cryptocurrencies. This move is motivated […]
February 17, 2024
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Digital euro will have better privacy than private systems, ECB exec says

European Central Bank (ECB) executive board member Piero Cipollone addressed the European Parliament Committee on Economic and Monetary Affairs regarding the ECB’s preparations for the issuance […]
February 17, 2024
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Crypto Biz: Franklin Templeton doubles down on crypto

This week in the crypto industry, trillion-dollar asset manager Franklin Templeton has joined the race for a spot Ether exchange-traded fund (ETF), signaling its intention to […]
February 17, 2024
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Coinbase donates $3.6M to Bitcoin developers through Brink

Cryptocurrency exchange Coinbase has made a significant contribution of $3.6 million to Brink, a nonprofit organization dedicated to supporting developers working on the Bitcoin blockchain. The […]
February 17, 2024
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Celsius distributes $2B of crypto to 172K creditors

Celsius, the bankrupt cryptocurrency lender, has completed the distribution of liquid crypto assets to most eligible creditors through its distribution agents, PayPal and Coinbase. This follows […]
February 17, 2024

Bitcoin mining difficulty surpasses 80 trillion ahead of halving

On Friday, Feb. 16, Bitcoin mining difficulty, a measure of the complexity of solving cryptographic puzzles in the mining process, surpassed 80 trillion. Simultaneously, the network’s […]
February 17, 2024
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Arkham Intelligence identifies MicroStrategy Bitcoin holdings pooled with Fidelity

Arkham Intelligence, a blockchain analytics platform, claims to have uncovered the majority of MicroStrategy Bitcoin holdings, totaling approximately 186,000 BTC out of the firm’s total 190,000 […]
August 26, 2023
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Multichain wallet Exodus posts $12.4M revenue, $1.9M net income in Q2

In the quarter ended June 30, Exodus’ revenue declined by 4% year-over-year, but its results were boosted by 6% cost reductions.   Exodus, the renowned cryptocurrency […]
August 26, 2023
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Dropbox ditches unlimited storage offering, blaming crypto cloud miners

The storage platform turned to metered storage after discovering its advanced plan was being used by some for crypto mining and other resource-intensive tasks.   Dropbox, […]
August 26, 2023
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DEA gets duped: Agency loses $55K in address poisoning scam

The United States Drug Enforcement Administration has yet to find those responsible for the attack but has enlisted the help of the FBI.   In what […]
August 26, 2023
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ARK Invest, 21Shares join queue to offer Ethereum futures ETF

The co-filing comes just a week after reports emerged that the Securities and Exchange Commission is likely to greenlight Ethereum ETF applications.   On August 24th, […]
August 24, 2023
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Crypto entrepreneur faces potential prosecution in Israel related to $290M scam: Report

The police force of Israel reportedly recommended to prosecutors that Moshe Hogeg be charged with fraud, theft, and money laundering and sex crimes.   Israeli entrepreneur […]
August 23, 2023
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Crypto amplified financial risks in emerging markets: BIS papers

The central banks of the United States, Canada, Mexico and Brazil have pointed out the risks of crypto but warned against excessively prohibitive laws.   The […]
August 23, 2023
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BlockFi argues FTX, Three Arrows Capital aren’t entitled to repayments

BlockFi argues its creditors, not FTX’s, are the “ultimate victims” of FTX’s alleged fraud.   The insolvent cryptocurrency lender BlockFi is striving to obstruct efforts from […]
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. […]
July 28, 2023
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Crypto mining hardware retailer Phoenix Technology mulls IPO in UAE

A mainstream media report highlighted that the mining hardware firm Phoenix Technology is planning to go public in Abu Dhabi, UAE.   Phoenix Technology, a provider […]

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