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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
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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 28, 2023
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Ronaldinho fails to testify in crypto scam probe, faces possible arrest in Brazil

The investigation centres on the Brazilian soccer star’s company “18kRonaldinho,” which promised clients daily profits of over 2% through crypto investments.   Ronaldinho Gaúcho, the renowned […]
August 28, 2023
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OnlyFans’ parent company bought $20M of Ethereum as revenue surged

Fenix International, the parent company of OnlyFans, purchased the cryptocurrency between 2021 and 2022.   Fenix International, the parent company of the subscription platform OnlyFans, has […]
August 28, 2023
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Laos halts electricity supply to crypto mining projects amid drought

The drought that the country experienced in the first half of 2023 resulted in higher electricity demand and lower power generation capabilities from hydropower plants.   […]
August 28, 2023
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Indian PM Modi calls for global cryptocurrency framework at G20 Summit

India has advocated for a global crypto framework for years despite its own crypto ecosystem still lacking a clear regulatory framework and simpler taxation.   Indian […]
August 28, 2023
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Friend.tech pronounced ‘dead’ after activity and fees tank

Buyers, sellers, inflows and transactions have all taken significant dives on the Friend.tech platform after its launch just over two weeks ago, prompting some critics to […]
August 28, 2023
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Bitcoin revenue per terahash nears record lows as hashrate soars

As the Bitcoin network hash rate tops 414 EH/s, miners are struggling to stay afloat amid plummeting profitability.   Fenix International, the parent company of OnlyFans, […]
August 28, 2023
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Balancer exploited in nearly $900k after vulnerability warning

DeFi protocol Balancer was exploited just a few days after disclosing a vulnerability affecting its boosted pools.   Balancer, the decentralized finance (DeFi) protocol and Ethereum […]
August 28, 2023
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‘Breakthrough growth’ will be driven by Web3: Hong Kong financial secretary

Paul Chan says that blockchain and Web3 tech will be responsible for the next big wave of growth in Hong Kong’s digital tech sector.   Paul […]
August 26, 2023
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WinRAR patches zero-day bug that targeted stock and crypto traders

According to cybersecurity firm Group-IB, weaponized ZIP file archives were being shared on crypto trading forums, with each one containing a nasty surprise.   WinRAR’s developers […]

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