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Genesis Digital Assets to Launch Flare Gas Powered Bitcoin Mining Site in Argentina
9.5.2024
Genesis Digital Assets, a leading digital miner, has partnered with YPF Luz, an Argentine power company, to receive power from a flare gas installation to operate a bitcoin mining site in Argentina. The data center facility, in the Bajo del Toro thermoelectric plant, will host 1,200 bitcoin miners....
Stablecoins on Bitcoin coming soon, says Lightning Labs CEO
9.5.2024
Elizabeth Stark unpacked the basics of Bitcoin Lightning at FT Live’s Crypto summit and teased a new development on Bitcoin’s leading layer 2
Vaneck Introduces Meme Coin Tracking With ‘MEMECOIN’ Index
8.5.2024
The investment management firm Vaneck has expanded into the meme coin sector with the launch of its new Marketvector meme coin index, “MEMECOIN.” This index, available through Marketvector Indexes—a company focused on digital assets and various other sectors—monitors the performance...
CBDCs, stablecoins must ensure libertarian values — former CFTC chair
8.5.2024
J. Christian Giancarlo has stressed the importance of upholding values of liberty, privacy and economic freedom in a keynote address in London
Crypto Is A Key Issue For 1 in 5 Voters In The 2024 US Elections, Digital Currency Group Says
7.5.2024
One in five voters in key battleground states believe digital assets are a key issue in the upcoming 2024 elections, data released Tuesday by the Digital Currency Group (DCG) reveals. The survey results come amidst the increasingly tense presidential race between Joe Biden and Donald Trump, with...
QCP Capital Secures Approval to Expand into Abu Dhabi, Strengthening Presence in the Middle East
7.5.2024
QCP Capital, a prominent options trading desk for digital assets, has received initial approval to operate in Abu Dhabi, marking its expansion into the Middle East.
The post QCP Capital Secures Approval to Expand into Abu Dhabi, Strengthening Presence in the Middle East appeared first on Cryptonews
Chainalysis Named Council Member of MENA Banking Group’s Digital Asset Lab
7.5.2024
Chainalysis, a blockchain analysis firm, has been appointed as a council member of Digital Asset Lab. The firm will use its expertise to assist Emirates NBD’s lab in understanding market trends and client needs. The Digital Asset Lab’s objective is to comprehend how Emirates NBD’s customers...
This Week’s Crypto Gainers: Worldcoin Leads Surge, ZBC and SEI See Largest Declines
6.5.2024
Although last week saw some progress compared to the previous one, bitcoin has only experienced a slight 2% increase, whereas ethereum has incurred a 1.6% loss during the same period. Among alternative cryptocurrencies, worldcoin (WLD) emerged as the standout performer, surging by 32.4% against...
Satoshi-era dormant Bitcoin address wakes up after 10 years
6.5.2024
According to a Chainalysis report, there are a total of 1.75 million dormant BTC addresses inactive for over a decade
Volta Raises $4.1 Million in Seed Funding For Institutional Platform
3.5.2024
Volta secures $4.1 million in seed funding to develop a platform Volta Circuit aimed at improving security and control for institutional investors managing digital assets.
The post Volta Raises $4.1 Million in Seed Funding For Institutional Platform appeared first on Cryptonews
Crypto exchanges to meet Nigerian SEC chief for regulatory talks
3.5.2024
The meeting is anticipated to ignite positive changes that benefit all crypto stakeholders in Nigeria and on the international scene
Fidelity Digital Assets Study: Bitcoin’s Volatility Declines as It Grows, Echoing Historical Asset Trends
2.5.2024
A new study by Fidelity Digital Assets reveals that as bitcoin matures, its volatility is decreasing, making it less volatile than several S&P 500 stocks. “As the asset class matures and its total market cap grows, the inflow of capital is expected to have a smaller impact because...
Attackers Steal $1.6 Million in Digital Assets From Defi Protocol Pike Finance
2.5.2024
Unknown attackers recently siphoned digital assets valued at just under $1.6 million from the decentralized finance protocol, Pike Finance. The protocol announced it is offering a 20% reward for the return of the funds, while an ongoing investigation into the incident continues. USDC Vulnerability...
Hong Kong’s ZA Bank to Roll Out Virtual Asset Retail Services as New Regulations Approach
2.5.2024
Hong Kong’s ZA Bank, a unit of China's ZhongAn Online P&C Insurance, is reportedly exploring ways to offer virtual asset-related services after new regulations for digital assets launch in June.
The post Hong Kong’s ZA Bank to Roll Out Virtual Asset Retail Services as New Regulations...
Raoul Pal Signals ‘Banana Zone’ Rally, Predicts Strong ‘Crypto Summer’ for Digital Assets
1.5.2024
With cryptocurrency values on the decline and bitcoin down 13% from a month ago, British financial expert Raoul Pal predicts a rebound during the “Crypto Summer.” According to Pal, this rise will generate widespread excitement, and “everything will get caught up...
Can the Upcoming South Africa Elections Swing In Favor of Crypto?
29.4.2024
South Africa's approaching elections are unlikely to disrupt the country's progress in the realm of digital assets, according to several members of the crypto community.
The post Can the Upcoming South Africa Elections Swing In Favor of Crypto? appeared first on Cryptonews
Crossover Markets’ Digital Asset Exchange Surpasses $3.15 Billion in Trading Volume in Q1 2024
25.4.2024
Digital asset technology firm Crossover Markets has released impressive performance data for Q1 2024 from its flagship digital assets platform, CROSSx.
The post Crossover Markets’ Digital Asset Exchange Surpasses $3.15 Billion in Trading Volume in Q1 2024 appeared first on Cryptonews
Bitcoin Wallets with $1K Balances Jump 20% Since Start of 2024: Fidelity
25.4.2024
The number of Bitcoin wallets holding $1,000 or more has shot up 20% since the beginning of 2024, according to Fidelity Digital Assets.
The post Bitcoin Wallets with $1K Balances Jump 20% Since Start of 2024: Fidelity appeared first on Cryptonews
South Korea: Are Busan’s Digital Asset Exchange Plans in Jeopardy?
25.4.2024
The South Korean city of Busan’s plans to launch a city-run, blockchain-powered digital assets exchange may be in peril, a report claimed on April 24.
The post South Korea: Are Busan’s Digital Asset Exchange Plans in Jeopardy? appeared first on Cryptonews
Tesla Maintains Bitcoin Holdings — Balance Sheet Shows $184 Million in Digital Assets
25.4.2024
Elon Musk’s electric car company, Tesla, has maintained its bitcoin holdings. The company’s Q1 balance sheet shows net digital assets of $184 million. According to crypto analytics firm Arkham, Tesla continues to hold onto its 11,509 bitcoins, which have a market value of over $745...