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Bitfarms Fires CEO Geoffrey Morphy Following $27 Million Lawsuit


Bitfarms has ousted its CEO Geoffrey Morphy after he filed a $27 million lawsuit against the Bitcoin miner, the Toronto-based firm announced Monday. News of Morphy's ousting comes amidst decreased Bitcoin production values for public crypto mining companies following last month's halving event. The...

The SEC Can’t Stop Suing Crypto Companies


Robinhood apparently made strenuous efforts to comply with the agency, even applying to become a special purpose crypto broker-dealer. The SEC is likely to sue for alleged securities violations in any case

Chinese AI Startups Take on Industry Giant OpenAI


A new wave of AI startups in China is rising to challenge OpenAI's dominance in the generative AI market. With ChatGPT unavailable in China, companies like Zhipu AI, Moonshot AI, and MiniMax are developing AI systems for content creation, attracting major...

Aptos labs inks deals with several companies to nurture Aptos Ascend


Aptos Labs, a prime blockchain framework builder, has inked calculated deals with multiple businesses to breathe life into Aptos Ascend.  In the case of Aptos Ascend, it is a digital asset-controlling platform dedicated to financial institutions. It will utilize Microsoft Azure, a cloud computing...

Sweden Busts 18 Data Centers for Secretly Mining Crypto


Sweden’s tax agency identified irregularities in 18 locally operating companies, finding that they hid their involvement in crypto mining, it said Wednesday. The post Sweden Busts 18 Data Centers for Secretly Mining Crypto appeared first on Cryptonews

Palworld Boss Celebrates Other Companies Cloning His Game


After selling over 15 million copies in its first month, the mania around Palworld has cooled a bit. But deep-pocketed competitors have taken notice of the “Pokémon With Guns” survival crafting sim’s overnight success and are trying to copy it, according to the head of the studio behind...

Bitcoin Mining Stocks Plummet as Miners Face Reduced Revenue Post Halving


Bitcoin mining companies are experiencing a significant decline in their stock prices as they face reduced revenue due to an upcoming code update for the largest cryptocurrency.  The post Bitcoin Mining Stocks Plummet as Miners Face Reduced Revenue Post Halving appeared first on Cryptonews

Final Fantasy 14 Benchmark Gives Fans A Taste Of Dawntrail’s New Features


Dawntrail—the next expansion for Square Enix’s masterfully designed MMORPG Final Fantasy XIV—doesn’t release until July 2, but fans can get a taste of what’s to come right now. The official benchmark for the game is available as of April 14, and will let players experience some of the expansion’s...

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