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Iris Energy Boosts Self-Mining Capacity With 4.4 EH/s of New Bitmain Bitcoin Mining Rigs
14.2.2023
Bitcoin miner, Iris Energy, announced plans to increase the company’s self-mining capacity, from 2 exahash per second (EH/s) to approximately 5.5 EH/s, after it receives 4.4 EH/s of new Antminer S19j Pro miners from Bitmain. Iris Energy Leverages $67 Million in Bitmain Prepayments for Latest...
BUSD Redemptions Soar Near $290 Million in 8 Hours After NYDFS Consumer Alert
13.2.2023
Before Paxos published a press release at 6 a.m. Eastern time Monday, the stablecoin BUSD had approximately 16.16 billion tokens in circulation. In the past eight hours, nearly $290 million has been redeemed, bringing the number of BUSD in circulation to 15.87 billion. Stablecoin BUSD Sees...
Cointelegraph Markets launches new YouTube channel
13.2.2023
Stay up-to-date on what’s happening in crypto, digital asset markets and traditional markets by tuning in to Cointelegraph Markets and Research’s dedicated series of shows
Bitcoin flirts with bid liquidity as BTC price nears new 3-week lows
13.2.2023
Bitcoin bulls struggle to influence the trend as CPI nerves combine with already weak low-timeframe performance
Paxos Receives Wells Notice from SEC, NYDFS Orders Issuer to Stop Minting BUSD
13.2.2023
According to a report published on Feb. 12, 2023, the New York-based financial institution and technology company, Paxos, has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) regarding alleged violations of investor protection laws. Paxos revealed the following...
BUSD Depegs From Rival Stablecoin Tether After US Regulator Tells Paxos to Stop Minting New Tokens
13.2.2023
Traders seem to be migrating from Paxos' BUSD stablecoin to tether
New North Korean Ransomware Threat to ‘Major Institutions’ Detected, Say South Korea, US
13.2.2023
South Korean and United States intelligence agencies have warned that Pyongyang-based hackers are trying to hit “major international institutions” with ransomware attacks. But experts say that “overlapping sanctions” could help Seoul and Washington thwart North Korean cyber thieves....
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US Crypto Lawsuits Reach All-Time High With 42% Increase in 2022; SEC Cases Dominate Legal Battles
13.2.2023
A new study on digital currency-related lawsuits since 2018 shows a 42% increase in crypto lawsuits in 2022. The highest number of claims in a single year was recorded last year, with 41 total claims in the United States. The research also shows that the majority of lawsuits came from the U.S....
Ark Invest on $1.4M BTC, Possible Julian Assange-Linked File on Bitcoin Blockchain — Week in Review
12.2.2023
Investment management firm Ark Invest has offered three bitcoin price predictions in a new report, including a bull scenario where bitcoin could reach $1.48 million per coin. In other news, a 7zip file possibly linked to activist Julian Assange was reportedly discovered in the Bitcoin blockchain...
Chinese Government Sets Sights on Blockchain Future with New Center – Here's What You Need to Know
12.2.2023
China has launched a state-backed research center dedicated to exploring blockchain’s potential and achieving core technological breakthroughs related to the technology. ...
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Chinese Government Launching National Blockchain Innovation Center
12.2.2023
The Chinese government is setting up a national blockchain innovation center in Beijing to focus on industrial applications and major use cases of blockchain technology, particularly those related to the Chinese economy. China Establishing New Blockchain Center China’s Ministry of Science...
Report: Paypal Puts Stablecoin Plans on Hold as US Regulators Crack Down on Crypto Industry
11.2.2023
During the first week of 2023, payment service giant Paypal said it was exploring the launch of a stablecoin. At the time, an executive at Paypal stated that if the company moved forward, it would work closely with financial regulators. However, on Feb. 10, a source noted that Paypal has put...
Terra Luna Classic Price Prediction as LUNC Spikes Up – Is a New Rally Starting?
11.2.2023
Terra Luna Classic price seems poised to print a series of green candles after bouncing off support at $0.0001584. LUNC trades at $0.0001666 after accruing almost 5% in gains on the day. If the technical picture stays bullish, Terra Luna Classic price may close the gap to $0.0002, where bulls...
Multichain DEXs are on the rise with new protocols enabling them
11.2.2023
A new set of decentralized exchanges can enable multichain trading and margin trading for users
State-backed Crypto Mining Farm under Construction in Russia’s Buryatia
11.2.2023
A new crypto mining facility is being built in the Russian Republic of Buryatia with support from a government-affiliated company. Construction of the infrastructure for the large-scale project is already underway, carried out by a subsidiary of Russia’s largest mining operator, Bitriver. Bitriver...
Kazakhstan Law Limiting Crypto Miners’ Consumption of Electricity Enters Into Force
11.2.2023
A new law expanding the regulatory framework for cryptocurrency miners while restricting their access to low-cost electricity has entered into force in Kazakhstan. The legislation introduces a licensing regime for mining with two different categories of licenses that companies will have to renew...
Bank of New York Mellon: ‘Clients Are Absolutely Interested in Digital Assets’
11.2.2023
Bank of New York Mellon (BNY Mellon) has revealed that its clients “are absolutely interested in digital assets.” Emphasizing the need for clear crypto regulation, the bank’s head of digital assets noted: “We need responsible actors who can offer reliable services that live...
Yoko Taro's New Game Turns Sega Classics Into Women
10.2.2023
Today, Sega revealed the trailer for its new mobile game collaboration with Nier and Drakengard series creator Yoko Taro. As is tradition for any collaboration with Taro, this game’s elevator pitch trades in the bizarre twists only Taro’s mind can concoct: a gacha game that transforms Sega classics...
Bitcoin Options Market Turns Most Bearish Since 2022 With Investors Facing New Wall of Worries
10.2.2023
Bitcoin options markets are signaling that investor sentiment has hit a new low for the year, as investors face a mounting wall of worries including the prospect of a regulatory crackdown in the US and a possibly more hawkish US Federal Reserve monetary policy outlook. That’s according to data...
Policymakers Should Embrace DAOs in the New Future of Abundance
10.2.2023
Whereas corporations accumulate capital, decentralized autonomous organizations (DAOs) accumulate engagement and focus on returning benefits to all participants