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Cleanspark Bolsters Hashrate With $40.5M Purchase of 12,500 Bitcoin Miners
1.6.2023
On June 1, 2023, Cleanspark, a publicly-traded bitcoin mining company, declared the acquisition of 12,500 Antminer S19 XP bitcoin miners for $40.5 million. The purchase is expected to raise Cleanspark’s hashrate by an extra 1.76 exahash per second (EH/s). Acquisition to Boost Cleanspark’s...
OVER Announces Plans Of Integrating Apple’s Latest Products
1.6.2023
PRESS RELEASE. Two new products which could change the way society interacts with the digital world may be released soon. Apple Reality Pro and Apple Glasses are the products in question, and they could be announced by Apple as early as June. If the release does happen, Over the Reality (OVER)...
Bitcoin Miners Gain Support From Texas With Two Bills Passed, One Halted
1.6.2023
Two bills that will seem to embrace mining have been sent to the governor, whereas one that would adversely affect miners was stopped at committee
Hong Kong-based First Digital Group launches redeemable USD-backed stablecoin
1.6.2023
The Hong Kong trust company says the new FDUSD combines the stability of the U.S. dollar with the reliability of Asian regulation
Crypto.com Receives Digital Token License in Singapore
1.6.2023
The exchange received in-principle approval in Singapore last June
Winklevoss twins' crypto exchange Gemini to seek UAE crypto license
1.6.2023
The United-States-based cryptocurrency exchange is now seeking a UAE license and reportedly told local media there was "hostility and lack of clarity" on regulations in the U.S
US Lawmakers To Hold Digital Asset Spot Market Hearing Next Week
1.6.2023
US lawmakers are slated to discuss digital asset spot markets during a congressional hearing next week.
The House Agriculture Committee will hold a hearing on June 6 titled “The Future of Digital Assets: Providing Clarity for Digital Asset Spot Markets.”
The committee has jurisdiction over...
First Digital Unveils USD Stablecoin as Hong Kong Crypto Rules Kick In
1.6.2023
The stablecoin is issued by a registered trust owned by First Digital
US Lawmakers Introduce Bill to Halt Federal Reserve’s Digital Dollar Testing, Citing Concerns for American Liberties
1.6.2023
U.S. lawmakers have introduced a bill to prohibit the Federal Reserve from “establishing, carrying out, or approving a program intended to test the practicability of issuing” a central bank digital currency (CBDC). “CBDCs would threaten the liberties of law-abiding Americans and are being used...
Investment bank TD Cowen shuts crypto unit a year after opening
1.6.2023
Days after Digital Currency Group's TradeBlock started winding down operations, investment bank TD Cowen has also announced its crypto unit's closure
NFT Artist Fewocious Reveals Upcoming Collection “Fewos”
31.5.2023
The collection consists of 20,000 Fewos, or characters in the Fewocious’ Web3 universe Fewoworld, and will be available to mint in late August
DAO Maker Price is Going to Zero and Crypto Whales are Stacking Launchpad XYZ as a Better Alternative– What Do They Know?
31.5.2023
The DAO Maker (DAO) price has been caught in a downward spiral since falling below its 100-day moving average on May 13. However, certain signals suggest the sell-off may be nearing an end and a reversal could be on the horizon.
The DAO Maker price is currently trading at $1.153, down by 0.58%...
European Central Bank Wraps Up Digital Euro Prototypes; Decision on Development Awaits
31.5.2023
As part of the investigation phase of its digital euro project, the European Central Bank (ECB), which serves as the European Union’s central bank, has released two reports on the institution’s market research and prototyping exercise.
The Eurosystem, which includes the ECB and the national...
AML rules for digital assets to come into effect in UAE
31.5.2023
The licensed financial institutions would be required to identify and verify the identities of all customers
China to gain most from restrictive US crypto regulations: Coinbase CEO
31.5.2023
The Coinbase CEO has been hugely critical of the U.S. failure to provide the crypto industry with regulatory clarity and has long argued it will push firms offshore
Critical Vulnerability in Tron’s Multisig Mechanism Exposed $500M in Digital Assets: Report
30.5.2023
According to a report published by the cybersecurity research team known as 0d, a division of Dwallet Labs, researchers discovered a critical vulnerability in the Tron network’s native multi-sig mechanism. The cybersecurity experts explained that the vulnerability could have impacted more...
US CFTC issues letter on digital asset derivatives, clearing compliance in 3 areas
30.5.2023
The letter is a reminder, but a highly specific one that is reminiscent of the SEC’s recent custody rule proposal in part
ProShares’ Bitcoin Futures ETF Increasingly Underperforms BTC This Year: K33 Research
30.5.2023
The underperformance stems from hidden costs of rolling futures contracts every month as they expire called the “contango bleed,” exacerbated by this year’s rebound in BTC price
U.S. CFTC Warns About Clearing Derivatives Tied to Digital Assets
30.5.2023
The derivatives agency said that clearing organizations it oversees have moved into the crypto space and it issued a reminder that they need to actively address the risks
Mercedes Benz Web3 Arm To Release NFT Collection With Digital Art Community Fingerprints DAO
30.5.2023
Titled “Maschine,” the generative art collection was created by Dutch artist Harm van den Dorpel and draws inspiration from automotive concepts