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Bitmain’s 1.16 PH/s Bitcoin Mining Beast: The ASIC Arms Race Just Got Real
8.6.2025
Over the past three years, bitcoin mining gear has evolved dramatically—from machines cranking out massive terahash to widely available rigs boasting efficiencies under 20 joules per terahash (J/TH). At the World Digital Mining Summit last month, Bitmain pulled back the curtain on a machine...
Australian Regulator Sues Ex-Director of Crypto Exchange ACX for Mishandling Funds
28.5.2025
Investigations have been ongoing since ACX Exchange collapsed in 2019
ASIC Seeks High Court Review in Block Earner Crypto Yield Case
21.5.2025
Australia’s corporate regulator, the Australian Securities and Investments Commission (ASIC), has officially requested special leave from the High…
Australian Securities Regulator Wants to Appeal High Court's Decision on Block Earner
21.5.2025
The High Court in March 2024 dismissed ASIC's allegations that Block Earner had engaged in unlicensed financial services by offering its DeFi product Access
Can you mine Bitcoin with a gaming PC? Here’s what you need to know
8.5.2025
Is your gaming PC capable of mining crypto? As of May 2025, Bitcoin mining is looking attractive again. With Bitcoin (BTC) trading around $95,000 and transaction fees hitting new highs after the 2024 halving, mining rewards — though smaller —...
Can you mine Bitcoin with a gaming PC? Here’s what you need to know
8.5.2025
Is your gaming PC capable of mining crypto? As of May 2025, Bitcoin mining is looking attractive again. With Bitcoin (BTC) trading around $95,000 and transaction fees hitting new highs after the 2024 halving, mining rewards — though smaller —...
60K Bitcoin addresses leaked as LockBit ransomware gang gets hacked
8.5.2025
Almost 60,000 Bitcoin addresses tied to LockBit’s ransomware infrastructure were leaked after hackers breached the group’s dark web affiliate panel. The leak included a MySQL database dump shared publicly online. It contained crypto-related information that could help blockchain...
Trump crypto adviser David Bailey raises $300M for Bitcoin investment firm
8.5.2025
David Bailey, CEO of crypto media company BTC Inc. and a close adviser to US President Donald Trump on digital assets, has reportedly raised $300 million to launch a new Bitcoin investment firm.The venture, named Nakamoto after the pseudonymous creator of Bitcoin, Satoshi Nakamoto, aims to become...
US banks can handle customer crypto assets held in custody, regulator confirms
8.5.2025
The US Office of the Comptroller of the Currency (OCC) has confirmed banks under its jurisdiction can trade crypto on behalf of customers and outsource some crypto activities to third parties. Acting comptroller Rodney Hood said in a May 7 letter that banks and federal savings associations...
G7 summit could discuss North Korea’s crypto hacks: Report
8.5.2025
Group of Seven (G7) leaders could discuss North Korea’s escalating cyberattacks and crypto thefts at an upcoming summit in Canada, mid-next month.Conflicts in Ukraine and Gaza will dominate discussions, but North Korea’s increasing cyber threats and crypto hacks have become a major...
Bitcoin nears $100K as Trump set to reveal trade deal with UK
8.5.2025
Bitcoiners expect Bitcoin to soon break past $100,000 and potentially hit a new all-time high as US President Donald Trump is set to announce a trade deal with the UK.Trump said in a May 7 Truth Social post that a “major trade deal” with a “big, and highly respected...
Texas House committee passes Bitcoin reserve bill for full floor vote
8.5.2025
A Texas House Committee has passed a Republican-backed bill to create a Bitcoin reserve, which now only needs a successful full floor vote before heading to the governor’s desk.The Texas House Committee on Delivery of Government Efficiency passed Senate Bill 21 with no amendments on May 7...
Bitcoin returns to $98K as Fed holds rates steady despite Trump’s demand
8.5.2025
Bitcoin has reclaimed $98,000 for the first time in almost three months after the US Federal Reserve said it would keep interest rates the same for another month.The Fed’s decision to keep interest rates unchanged comes despite mounting pressure from US President Donald Trump, who just weeks...
Bitcoin miner Core Scientific posts $580M Q1 profit but misses revenue estimates
8.5.2025
Nasdaq-listed Bitcoin mining firm Core Scientific Inc. posted a net profit of $580 million with its first quarter results, but missed analyst revenue estimates after a drop in its mining profits.Core Scientific’s Q1 2025 results, published on May 7, saw it more than double its $210 million...
Arizona governor signs law for state to keep unclaimed crypto
8.5.2025
Arizona Governor Katie Hobbs has signed a bill into law allowing the US state to keep unclaimed crypto and establish a “Bitcoin Reserve Fund” that won’t use any taxpayer money or state funds.Hobbs signed House Bill 2749 into law on May 7, which allows Arizona to claim ownership...
Blockstream Spins out Mining and ASIC Divisions in Major Restructuring Effort
1.5.2025
The bitcoin-focused technology firm closed a $210 million funding round led by Fulgur Ventures last October and is now implementing key expansion initiatives. Strategic Shift: Blockstream Carves out Mining and Hardware Divisions Bitcoin infrastructure firm Blockstream has announced that it will...
Australia’s top court sides with Block Earner, dismisses ASIC appeal
23.4.2025
The Federal Court of Australia has sided with fintech firm Block Earner in an appeal against a ruling that found it was required to hold a financial services license for its now-discontinued crypto-related products. Block Earner’s crypto-linked fixed-yield earning product is not...
Australia’s top court sides with Block Earner, dismisses financial regulator's suit
23.4.2025
The Federal Court of Australia has sided with fintech firm Block Earner in an appeal against a ruling that found it was required to hold a financial services license for its now-discontinued crypto-related products. Block Earner’s crypto-linked fixed-yield earning product is not...
Bitdeer secures $60M to boost Bitcoin ASIC production amid record hashrate
22.4.2025
Bitcoin mining firm Bitdeer has secured a $60 million loan to ramp up its Bitcoin ASIC manufacturing efforts as global mining competition intensifies amid record-breaking network hashrates.According to its annual report, Bitdeer entered a loan agreement in April with affiliate firm Matrixport,...
Bitdeer secures $60M to boost Bitcoin ASIC production amid record hashrate
22.4.2025
Bitcoin mining firm Bitdeer secured $60 million in loans to ramp up its Bitcoin ASIC manufacturing efforts as global mining competition intensifies amid record-breaking network hashrates.According to its annual report, Bitdeer entered a loan agreement in April with affiliate firm Matrixport,...