Russia Regulates Use of Digital Assets for International Settlements


Russia has integrated the use of digital assets as payment for international transactions in its legislation. President Vladimir Putin signed into law a document that describes using these assets as payment for international settlements, a use case not contemplated in any law, appointing...

Marathon Digital Expands Bitcoin Mining Presence with Texas Acquisition


On March 15, Applied Digital announced that it had concluded the sale of its 200-megawatt (MW) Bitcoin mining facility to Marathon Digital Holdings for $87.3 million. The second quarter of 2024 is the expected date of completion of the deal. The post Marathon Digital Expands Bitcoin Mining Presence...

French Montana Makes History With Song Etched on Bitcoin Blockchain


French Montana becomes the first artist to inscribe a music track into the Bitcoin blockchain. French Montana's previously unreleased track "Bag Curious," which was supposed to be a hidden track on the Mac & Cheese 5 album, has been inscribed within Bitcoin's blockchain. The post French Montana...

Bitcoin Surpasses Gold in Investor Portfolios: JPMorgan


As reported by a JP Morgan analyst, Bitcoin has surged past gold in terms of investor portfolio allocation, taking volatility into account. The post Bitcoin Surpasses Gold in Investor Portfolios: JPMorgan appeared first on Cryptonews

Crypto Investor Binance Splits from Venture Capital Arm


Earlier this year, Binance quietly split from its venture capital division, Binance Labs, and established as an independent entity now valued at $10 billion. This change in operation became effective under Binance's newly appointed Chief Executive Officer, Richard Teng, who assumed the role four...

Sam Bankman-Fried Should Spend 40-50 Years in Prison, DOJ Says


Prosecutors recommended that a federal judge sentence FTX founder and former CEO Sam Bankman-Fried to at least 40 and as many as 50 years in prison for his conviction on fraud and conspiracy charges tied to the collapse of what was once one of the world's largest crypto exchanges

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