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SEC Committed 'Gross Abuse of Power' in Suit Against Crypto Company, Federal Judge Rules
19.3.2024
A federal judge ruled that the U.S. Securities and Exchange Commission must pay legal costs for Debt Box, a Utah-based crypto company the SEC brought a suit against, finding that the regulator had committed a "gross abuse of power" in its efforts to secure a temporary restraining order
Smaller BTC Miners Might Close Shop Post-Halving: Bitfinex Warns
18.3.2024
Hong Kong-based crypto platform Bitfinex has warned BTC miners of a potential centralization of power amid post-halving. On March 15, Bitfinex published a comprehensive blog report forecasting financial pressure on small miners. The fourth Bitcoin halving is a widely anticipated event in the crypto...
Mario Day Announcements, Stardew Valley Revelations, And More Of The Week's Big News
16.3.2024
Gaming culture is vast and multifaceted, stretching beyond the realm of digital play itself and into areas like online streaming, fast food merchandise and, of course, ill-advised celebrity clothing lines. This week’s news was something of a sampler platter. Sure, we covered big gaming...
OG Power Rangers Actor Launching Clothing Line Featuring Hitler Quotes
13.3.2024
Actor Austin St. John, who famously played the original Red Ranger in the ‘90s TV series Mighty Morphin’ Power Rangers, has announced his plans to launch a new clothing line featuring quotes from historical figures, including “villains” like, uh…Adolf Hitler. Read more
$85 Million Crypto Super PAC Sets Sights on Transforming Senate Makeup
9.3.2024
A well-funded political action committee (PAC) backed by prominent figures in the cryptocurrency industry has set its sights on key Senate races, with the goal of potentially shifting the balance of power in Congress.
The post $85 Million Crypto Super PAC Sets Sights on Transforming Senate Makeup...
Hut 8 Closes Bitcoin Mining Facility Due to Power Disruptions and Rising Energy Costs
7.3.2024
Hut 8, a Bitcoin mining company, has announced the closure of its mining site in Drumheller, Alberta, Canada, citing power disruptions and rising energy costs as significant factors.
The post Hut 8 Closes Bitcoin Mining Facility Due to Power Disruptions and Rising Energy Costs appeared first...
Physics Professor Claims “Power Law” Model Shows Bitcoin Will Reach $10 Million by 2045
4.3.2024
In a video published on X on March 2, Santostasi told mathematician and Bitcoin investor Fred Krueger that his power law model is a more understandable and predictable model of Bitcoin price over a long period of time.
The post Physics Professor Claims “Power Law” Model Shows Bitcoin Will Reach...
Montana Blasts SEC ‘Regulatory Power Grab’ in Kraken’s Case: ‘Crypto Assets Are Not Automatically Securities’
4.3.2024
Montana introduced an amicus curiae in the case of the SEC vs. Kraken, a US-based crypto exchange, criticizing the “regulatory power grab” of the institution. Montana, supported by seven other states, affirms that crypto assets are not automatically securities and that the SEC’s...
$1 Million per BTC by 2033: Predicting Bitcoin’s Price Trajectory Using the Power Law Model
3.3.2024
In an era where bitcoin’s value fluctuates wildly, a price model has emerged, offering a mathematical glimpse into its future price. The “Bitcoin Power Law,” suggests an interesting path for bitcoin’s price, rooted in the principles of algebra and natural laws....
UK Law Enforcement Will Soon Have More Power to Seize Crypto Assets
1.3.2024
A crime bill passed last year gave law enforcement agencies more power to seize and freeze crypto
South Korea’s Ruling Party Delays Proposal to Ease Crypto Restrictions
29.2.2024
South Korea's ruling People Power Party has indefinitely postponed its plans to ease cryptocurrency regulations, including the lifting of the ban on local spot Bitcoin ETFs.
The post South Korea’s Ruling Party Delays Proposal to Ease Crypto Restrictions appeared first on Cryptonews
Bitcoin Mining Not A Threat to Public Safety – Rep Emmer Criticizes OMB’s Abuse of Power
23.2.2024
United States lawmaker Tom Emmer has criticized the Office of Management and Budget’s (OMB) decision to approve the Energy Information Administration (EIA) request to collect data on Bitcoin (BTC) mining firms.
The post Bitcoin Mining Not A Threat to Public Safety – Rep Emmer Criticizes...
Camelot to power Orbit expansion with LayerZero Labs
23.2.2024
Camelot recently announced an integration with LayerZero Labs to power its Orbit expansion. The announcement was made on Camelot’s official X/Twitter account. The tweets read that Camelot is continuing to support Arbitrum Builders. Thus, the Arbitrum native DEX will be deployed on several...
Major Party in South Korea Proposes to Defer Cryptocurrency Taxation
21.2.2024
The People Power Party, a major political party in South Korea, has proposed to defer cryptocurrency taxation for up to two years as part of a general election pledge. The Korean government has already postponed establishing cryptocurrency taxation until 2025 when income generated from...
South Korea’s Ruling Party Seeks Cryptocurrency Tax Delay as Election Promise
19.2.2024
South Korea’s ruling People Power Party is advocating for a two-year postponement of the taxation on gains from cryptocurrency investments. The move is seen as a potential campaign promise for the upcoming general election scheduled for April. The party aims to prioritize establishing...
Two Russian Crypto Mining Centers Shut Down, 400+ Rigs Taken Offline
13.2.2024
Russian crypto mining efforts suffered a setback last week, with police closing two large, illegal data centers. In total, officers said they took over 400 crypto mining rigs offline in raids in Siberia and the republic of Dagestan. Russian Crypto Mining Still in Regulatory ‘Grey Zone’...
People Can’t Stop Playing Piano In The FF7 Rebirth Demo
9.2.2024
If we learned one thing from The Last of Us Part II, it’s that when you give gamers a functional musical instrument, they are going to deliver some wonderful renditions of popular tunes. So, when players discovered that the recently released demo for Final Fantasy VII Rebirth included a piano that...
Treasury’s Yellen: More Power Needed to Counter Crypto Use by Terrorist Groups
9.2.2024
U.S. Treasury Secretary Janet Yellen has expressed the need for increased authority within the Treasury Department to address the alleged utilization of crypto by terrorist groups. Senator Sherrod Brown, known for his role in shaping crypto legislation, questioned Yellen about the necessary updates...
Court Rules Against Crypto Mining Company, Won’t Force BC Hydro to Provide Power + More Crypto News
6.2.2024
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s edition: Court Rules Against Crypto Mining Company, Will Not Force BC Hydro to Provide Power YouHodler Gets Bank of Spain’s Virtual Asset Service...
GoMining Introduces New NFT Generation Flow With the Release of the Mine Box Collection
2.2.2024
  GoMining, the world’s first mining company to offer seamless access to mining BTC by holding NFTs backed with real computing power, has introduced a brand new logic for NFT miner generation. Now, NFT fans and bitcoin mining enthusiasts worldwide can generate and mint their own unique...