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Senate Banking Committee Holds Hearing on Recent Bank Collapses, Calls for Tougher Regulations

29.3.2023
On Tuesday, the U.S. Senate Committee on Banking, Housing, and Urban Affairs, also known as the Senate Banking Committee, held a hearing to discuss the recent bank collapses in the United States and the regulatory response. Throughout the testimonies, digital assets and crypto businesses were...

Bitcoin Miner Stronghold Raises Year-End Hashrate Guidance to 4 EH/s

29.3.2023
Fourth-quarter revenue of $23.4 million was driven mainly by selling energy to the power grid rather than crypto mining

Billionaire Mike Novogratz's Crypto Firm Announces $1 Billion Loss – Here's What Happened

29.3.2023
Mike Novogratz’s crypto investment firm Galaxy Digital lost a whopping $1 billion on its investment last year due to “depressed market conditions.” The $1 billion loss was primarily a result of unrealized losses on certain investments in Galaxy Digital’s primary investments portfolio, the company...

AI technology is reshaping NFT gaming — Here’s how

29.3.2023
With the meteoric rise of artificial intelligence (AI) technology, many people are wondering: How will AI influence the video game industry?

Polygon to help fight NFT scams with Web3 infra protocol partnership

29.3.2023
Polygon partners with Wakwelli, a web3 infrastructure protocol that issues certificates of authenticity for non-fungible tokens to certify NFT originality

Report: UAE Central Bank Implements Digital Currency Strategy

29.3.2023
The central bank in the United Arab Emirates said it has started implementing its digital currency strategy with partners G42 Cloud and R3. According to the central bank, the digital currency initiative is expected to “further position and solidify the UAE as a leading global financial...

Russia delays digital ruble launch testing due to lawmaking process

29.3.2023
The participating banks, however, express their readiness to proceed with the CBDC pilot

Noble Partners With Circle Financial to Integrate USDC on Cosmos Blockchain

29.3.2023
According to the token protocol startup Noble, the second-largest stablecoin, USDC, will be integrated into the Cosmos blockchain, as the company has partnered with Circle Financial for the rollout. Noble details that the integration will give access to Circle’s USDC stablecoin to more than...

The government should fear AI, not crypto: Galaxy Digital CEO

29.3.2023
Galaxy Digital CEO Mike Novogratz believes regulators have got it "completely upside-down" on crypto vs AI regulation

Former FTX CEO Sam Bankman-Fried Faces New Bribery Charges for Alleged Crypto Payment to Chinese Officials

28.3.2023
Sam Bankman-Fried (SBF), the former CEO of FTX, now faces a 13-count indictment as U.S. officials have added new charges. One of the new charges alleges that SBF leveraged $40 million to influence “one or more Chinese government officials.” Details of the Bribery Charges Against...

European Banking Federation shares its vision of digital euro, wCBDC, bank tokens

28.3.2023
The EBF calls itself the voice of the European banking sector; it expressed its support for European digital money, with suggestions of its own

How Irish farmers turn cow dung into digital gold (Bitcoin)

28.3.2023
Tom Campbell, an Irish dairy farmer who runs a farm in County Armagh, is using excess energy from his farm to mine Bitcoin

Anjali Young, Co-Founder and CCO of Collab.Land, on Token Gating, Building Out Digital Communities, and Launching a Token | Ep. 216

28.3.2023
In an exclusive interview with cryptonews.com, Anjali Young, Co-Founder and CCO of Abridged Inc, discussed Collab.Land’s recent token launch, their seven-part documentary series, and their recent marketplace launch for creators and developers.... Read More: Anjali Young, Co-Founder and CCO...

Galaxy Digital swings to profit after $1B net loss in 2022

28.3.2023
The Mike Novogratz-led digital asset firm recorded a pre-tax income of $150 million during most of Q1 2023

Huizhou, China, Enables Digital Yuan Tax Payments – Is CBDC Adoption Increasing?

28.3.2023
The city of Huizhou, in China’s Guangdong Province, has announced that businesses can now use the digital yuan – China’s central bank digital currency (CBDC) – to make tax payments. Per HZ News, a construction firm named Huizhou Puli Curtain Wall Engineering recently became the first firm...

Bitcoin Hashrate Reaches 400 Exahash per Second, Researcher Says Network Could Reach Zettahash Era by 2025

28.3.2023
Despite Bitcoin’s difficulty reaching an all-time high at 46.84 trillion, participants in bitcoin mining have kept the hashrate running stronger than ever before. According to statistics, on March 23, 2023, the hashrate reached a high of 400 exahash per second (EH/s). The 400 exahash equates...