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Norway’s CBDC Timeline Clouded by Expert Committee’s Bold Advice


A Norwegian expert committee advising lawmakers has recommended no immediate need to adopt a central bank digital currency (CBDC). Despite the declining use of cash, which dropped to just 2% of transactions at physical points of sale during the pandemic, the committee emphasized cash’s importance...

Hive Announces Paraguayan Mining Site Construction Update, Hardware Revamp


Hive Mining, a data center and crypto mining company, gave an update on the construction of a Paraguayan bitcoin mega mining site that will host 100MW of mining hardware. The company also revealed a purchase of nearly $20 million in mining ASICs to revamp its current equipment. Hive Doubles Down...

JPMorgan CEO Excluded From Trump’s Visionary Administration


U.S. President-elect Donald Trump has announced that JPMorgan Chase CEO Jamie Dimon, a vocal crypto critic, will not be invited to join his administration. Trump wrote on his social media platform Truth Social on Thursday: “I respect Jamie Dimon, of JPMorgan Chase, greatly, but he will not...

Prosecutors Ease Off: Crypto Crimes Lose Spotlight in Manhattan


The U.S. Attorney’s Office in Manhattan will scale back its focus on cryptocurrency crimes after securing high-profile convictions, including FTX founder Sam Bankman-Fried (SBF), according to Scott Hartman, co-chief of the securities and commodities task force at the Southern District of...

Breaking BRICS: Analyst Warns of Trump’s Bid to Weaken Global Alliance


Trump’s foreign policy will target BRICS as its main adversary, aiming to disrupt the coalition and counter the influence of China and Russia, an analyst predicts. Analyst Sees the Battlefields of Trump’s Vision to Reshape Global Power At a roundtable held by the Expert Institute for Social...

Goldman Sachs’ Bold Bet: Bank Boosts Its Bitcoin ETF Stake to $710 Million


The substantial increase in Goldman Sachs’ bitcoin ETF holdings demonstrates the growing interest of institutional investors in bitcoin. Institutional Investments in Bitcoin Keeps Rising The U.S. Securities and Exchange Commission’s (SEC) 13F report for Q3 ending Sept. 30 revealed that...

Solidion Technology Allocates 60% of Its Cash to Buying Bitcoin


Solidion Technology follows other institutional investors such as Microstrategy by purchasing bitcoin with a plan for future acquisitions. Strategic Bitcoin Allocation for Solidion Treasury Solidion Technology, a provider of advanced battery materials, announced on Thursday that it had invested...

Crypto Biz: MicroStrategy’s Bitcoin bet swells


This week’s Crypto Biz features MicroStrategy’s Bitcoin strategy, Coinbase’s and Kaiko’s recent acquisitions, MARA’s third-quarter earnings, and MoonPay’s new fiat gateway

Crypto Biz: MicroStrategy’s Bitcoin bet swells


This week’s Crypto Biz features MicroStrategy’s Bitcoin strategy, Coinbase’s and Kaiko’s recent acquisitions, MARA’s third-quarter earnings, and MoonPay’s new fiat gateway

FTX Targets Binance and CZ With $1.8 Billion Clawback


Crypto mogul Changpeng Zhao—notoriously known as “CZ”—may be out of prison, but he’s not out of hot water yet. The bankruptcy estate of former-leviathan FTX has filed suit against Binance and its ex-CEO, CZ, seeking to recoup nearly $1.8 billion in allegedly...

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