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Iris Energy to Ramp Up Capacity in 2024 Following $22M Spend on Bitmain Rigs

16.12.2023
Source: AdobeStock / Photocreo Bednarek Renewable Bitcoin mining company Iris Energy has revealed the acquisition of 1.6 EH/s of Bitmain T21 miners, increasing its self-mining capacity to 10 EH/s. In a press release on December 15, the company disclosed plans to acquire 8,380 new-generation...

Financial Regulators Urge Congress to Pass Crypto Legislation in New Report

15.12.2023
The Financial Stability Oversight Council (FSOC) has renewed its calls for Congress to pass crypto legislation, according to their annual report released Thursday. Crypto vulnerabilities addressed FSOC’s latest release reiterates its suggestion from last year’s report demanding greater regulation...

Red Bull Formula 1 Team Launches NFT Collection on Sui Blockchain

15.12.2023
Source: Pixabay The Red Bull Formula 1 team has dropped an exclusive NFT collection on the Sui blockchain after a dominant performance in the 2023 Formula 1 season. The team announced in a press release Friday that fans would be able to mint the collectibles free of charge exclusively on Sui,...

SquidGrow: Building During the Bear

15.12.2023
PRESS RELEASE. 15th December 2023. SquidGrow, the meme-utility token co-founded by the elusive crypto whale Shibtoshi, continues to innovate with new ways to energize the community. These include developing a custom bridge and privacy cross chain aggregator, liquidity locker, NFT marketplace...

Dollar struggles after US Data release; Eyes on PMIs for market moves

15.12.2023
The Federal Reserve may not hike rates; however, the US Dollar could potentially continue to struggle in deep waters. Most of this anticipation stems from the fact that countries are agreeing to trade among themselves without involving American native currency. That creates a disbalance between...

Step Conference 2024: Network, Showcase, & Explore Innovation in Dubai

15.12.2023
In today’s rapidly evolving digital landscape, staying ahead of the curve is not just an advantage. It’s a necessity. Step Conference 2024, scheduled on 21-22 February 2024 in Dubai Internet City, is your golden ticket to the forefront of innovation, networking, and untapped...

Report: Montenegro High Court Extends Do Kwon’s Detention by 2 Months

14.12.2023
Do Kwon, the ex-CEO of Terraform Labs, is set to spend two months in Montenegro custody after the country’s High Court moved his release date to Feb. 15, 2024. While Do Kwon reportedly prefers being sent to South Korea, Montenegro’s justice minister is said to be leaning towards sending...

Bitcoin Price Prediction as BTC Falls 7% in 7 Days – Time to Buy the Dip?

13.12.2023
Bitcoin, the pioneering and most prominent cryptocurrency, has recently faced a downward trend, slipping below $42,000 earlier this week. This decline, accentuated by the release of the latest US Consumer Price Index (CPI) numbers, raises questions about the asset’s short-term trajectory....

Bitcoin Exchange CoinMENA Receives Operating License From Dubai’s VARA

13.12.2023
Source: Pexels A subsidiary of the Bahrain-based Bitcoin exchange, CoinMENA FZE, has been granted a Virtual Asset Service Provider (VASP) license by Dubai’s Virtual Asset Regulatory Authority (VARA). This marks the seventh VASP license issued by the Dubai regulator. In a press release,...

Final countdown underway to iFX EXPO Dubai 2024

13.12.2023
MENA’s largest online trading expo will feature the newly launched Traders Arena and more! The countdown to the leading online trading expo in the MENA region is on, with only five weeks remaining until the iFX EXPO Dubai 2024 kicks off! This landmark event will look to bridge the gap between...

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