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Federal Reserve Fines Citigroup $60.6 Million for Ongoing Risk Management Deficiencies
10.7.2024
The U.S. Federal Reserve has imposed a $60.6 million fine on Citigroup for continued failures in its risk management and data quality practices. The enforcement action follows Citigroup’s insufficient progress in addressing deficiencies identified in a 2020 order. Citigroup Faces $60.6...
Ethereum price data points to impending rally above $3.4K
10.7.2024
Three key Ethereum price metrics suggest ETH is primed for a rally above $3,400
Bitcoin at Pivotal Point as Bear Market Beckons: Onchain Data
10.7.2024
Bitcoin is it a crucial stage in this market cycle as several factors signal continued downside whilst others indicate that BTC is set to bottom out
SingularityNET and Filecoin partner for AI and DePIN
10.7.2024
SingularityNET and Filecoin collaborate to integrate decentralized AI and DePIN, emphasizing ethical AI development and decentralized infrastructure
Bitcoin Miners Are Attractive Partners to Build Artificial Intelligence Data Centers: Bernstein
10.7.2024
The broker initiated coverage on miners Iren Energy and Corz Scientific with outperform ratings
Blockchain Startup Rome Raises $9M to Serve Ethereum Layer-2s Through Solana
9.7.2024
Shared sequencers and data availability (DA) are services that Rome could provide, as blockchain builders increasingly rely on "modular" networks to handle Ethereum's myriad components and functions
Nigeria Considers Domestic Blockchain for Data Security
9.7.2024
A Nigerian information technology agency is considering plans to develop a domestic blockchain to enhance national security and protect citizens’ data. A proponent of a locally developed blockchain argues that such a protocol would likely ensure compliance with Nigerian laws and allow...
Germany Sill Holds $2.2B Worth of Bitcoin, Blockchain Data Show
8.7.2024
Germany has been running down its coin stash since mid-June
Sacked Northern Data Execs File Suit Against Tether-Backed Company, Alleging Fraud
5.7.2024
Two former executives of Tether-backed German tech company Northern Data have filed suit against the firm, alleging that they were wrongfully terminated after raising concerns about the company’s financial health and alleging tax evasion
German Government Still Holds Over 40K Bitcoins After Recent Sale, Onchain Data Shows
5.7.2024
The German government has been selling seized bitcoin but still holds more than 40K BTC, worth over $2.3 billion, according to onchain data from blockchain intelligence firm Arkham. These sales are occurring alongside the anticipated Mt. Gox bitcoin distributions. In response to Germany’s...
Bitcoin trades in ‘enthusiastic’ phase as data hints at upcoming range expansion
3.7.2024
Bitcoin’s volatility is compressing, which is a sign that a sharp range expansion is brewing
Deutsche Telekom joins Subsquid decentralized network
3.7.2024
Deutsche Telekom’s latest partnership with Subsquid follows its recent announcement to expand into Bitcoin mining at BTC Prague
Fidelity, Sygnum partner with Chainlink to bring NAV data onchain
3.7.2024
The partnership will make the Net Asset Value of Fidelity’s $6.9 billion Institutional Liquidity Fund accessible onchain in real time
CleanSpark mined 445 Bitcoin in June, surpasses hash rate target
3.7.2024
CleanSpark’s CEO Zach Bradford said his firm was setting its sights on increasing future hash rate instead of branching out to alternative revenue streams
Crypto Exchange Kraken Is Considering Going Nuclear
2.7.2024
Massive demand for energy from high performance computing and artificial intelligence firms is changing the landscape in terms of power stability, the company’s CTO said in an exclusive interview with CoinDesk
BTC clings to $62K as US labor data fuels market watch
2.7.2024
With the United States economy still struggling with unemployment and a decrease in manufacturing, Bitcoin (BTC) is capturing the interest of investors who want to speculate on the Federal Reserve’s future decisions and their impact on virtual currencies. On July 1, BTC rose by a mere 0.24%...
LockBit Hacks 33TB of User Data From Evolve Bank
2.7.2024
Russia-linked ransomware group LockBit has once again made international headlines due to a major hack. Reports suggest that Evolve Bank lost 33 TB of user data from a malicious link sent to the bank. Crypto-friendly Evolve bank falls victim to Lockbit’s malware LockBit has been silent for...
Northern Data Mulls US Market AI Entity IPO at up to $16 Billion Valuation
2.7.2024
Northern Data, a European cloud computing, artificial intelligence (AI), and bitcoin mining company, is reportedly mulling going public in U.S. markets. The company would be in talks to complete its initial public offering (IPO) in 2025, creating an entity combining its AI cloud computing and data...
Bitcoin miner Northern Data mulls IPO for its AI unit: Report
2.7.2024
Northern Data is considering listing its cloud computing and data center business under two separate entities on the Nasdaq in the first half of 2025
Blockchain: A New Battleground in Age-Old Tussle Between Privacy Advocates and Data-Hungry Governments, Says Colored Coins Founder
1.7.2024
Although many players in the blockchain industry prioritize maximizing throughput, Alex Mizrahi, co-founder of Chromaway, believes providing users with a transparent, secure, and decentralized computing environment is still equally important. So while blockchain projects aspire to satisfy the basic...