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Monochrome confident as it files for Australia's first ETF to hold Ether directly
6.9.2024
Monochrome’s CEO says the firm's Bitcoin ETF has seen growth off the back of its in-kind subscription mechanism and hopes an Ether ETF could see similar inflows.
Bitcoin Miner Iris Energy Increases Mining Output by 10%
5.9.2024
Iris Energy has reported a 10% increase in bitcoin production during August 2024, with the company mining 245 bitcoin. The improvement is attributed to higher operational efficiency and reduced electricity costs following the company’s transition to spot pricing. Iris Energy’s Bitcoin Mining...
ASI Alliance calls for decentralized cloud infrastructure in AI development
5.9.2024
The ASI Alliance urges decentralization in cloud services to mitigate vulnerabilities in AI development, ensuring both security and innovation
Japan’s Financial Services Agency Includes Crypto in 2025 Tax Proposal
4.9.2024
The Financial Services Agency has released its tax reform requests for fiscal year 2025, highlighting the need to consider the tax treatment of virtual currency transactions as financial assets. This marks the first time virtual currencies are mentioned in such requests. Industry groups have long...
Japan’s finance regulator calls for lower crypto taxes in 2025
4.9.2024
Japan's Financial Services Agency has released plans to overhaul the nation's tax code which could see the tax rate for crypto assets lowered in 2025.
Okx Approved to Provide Cross-Border Payment Services in Singapore
3.9.2024
Global crypto exchange Okx has secured a license from Singapore’s central bank, the Monetary Authority of Singapore (MAS), allowing it to offer digital payment token services. Gracie Lin, the newly appointed CEO of Okx’s Singapore entity (Okx SG), highlighted the significance of this...
Metaplanet Teams Up With SBI VC Trade for Bitcoin Custody
2.9.2024
Metaplanet said it was adopting bitcoin as a reserve asset to hedge against the volatility of the yen in May and had accumulated a total of 360 BTC by mid-August
Lightspark Presents Solution Linking Lightning Network Payments to Bank Accounts in the U.S.
31.8.2024
Lightspark, a Bitcoin Lightning Network financial services company, has announced the release of its UMA Extend feature, which focuses on increasing the interaction between crypto and legacy rails in the U.S. With UMA Extend, businesses can opt in for a direction that can be linked to an account...
U.S. House Committee Plans for Heap of Crypto Hearings in September
29.8.2024
The U.S. House Financial Services Committee is poised to launch a series of crypto hearings digging into several aspects of the industry, including decentralized finance (DeFi), the Securities and Exchange Commission's oversight of digital assets businesses and the implications of "pig butchering"...
Iris Energy Acquires 39,000 Bitmain S21 XP Antminers, Eyes 30 EH/s in 2024
29.8.2024
Bitcoin miner and high-performance computing (HPC) firm Iris Energy Limited has secured 10 exahash per second (EH/s) of Bitmain’s S21 XP Antminers, positioning the bitcoin mining company to reach 30 EH/s by the end of 2024. Iris Energy Expands Mining Capacity and AI Cloud Services Iris...
Has Telegram violated EU laws, and why has its founder been charged in France?
29.8.2024
As Telegram CEO and founder Pavel Durov is now released on a $5.6 million bail, France, as an EU member state, continues working on the case
Crypto.com, Standard Chartered partner for global fiat services
29.8.2024
Crypto.com partners with Standard Chartered Bank to provide fiat currency services in over 90 countries, starting in the UAE
Coinflip Expands Cryptocurrency ATM Services to Mexico
28.8.2024
Coinflip has officially launched its digital currency kiosks, otherwise known as automated teller machines (ATMs), in Mexico, marking its second expansion in North America. The latest expansion follows the company’s entry into the Canadian market in 2022. Coinflip Introduces Digital Currency...
UAE Requests France to Provide Immediate Consular Support for Telegram CEO Pavel Durov
28.8.2024
The United Arab Emirates (UAE) has requested consular services for Telegram CEO Pavel Durov following his arrest in Paris for alleged cybercrimes. France is investigating Durov for enabling illegal activities through Telegram. Russia has similarly sought to protect Durov’s rights, but France...
Pavel Durov Arrested for Unauthorized Cryptology Services: French Authorities
27.8.2024
After French authorities came under fire from the crypto community and free speech absolutists including Elon Musk and…
Egyptian Fintech Firm Secures $3 Million to Grow Its Credit Services
26.8.2024
Egyptian fintech startup Lucky has raised $3 million in a convertible note round to expand its credit services and contribute to Egypt’s financial inclusion goals. The funding will support Lucky’s growth plans and help it achieve sustainable profitability. Lucky aims to provide...
Telegram Says it is Compliant With EU Digital Services Act After Founder Pavel Durov's Arrest
26.8.2024
The company says its CEO has nothing to hide as Toncoin's losses subside
China accessing high-level AI chips banned by the US: Report
23.8.2024
Documents have surfaced revealing state-linked Chinese entities using Amazon cloud services or similar services to access advanced AI chips and capabilities banned by the US.
Franklin Templeton Expands Tokenized Money Market Fund to Avalanche Network
22.8.2024
Franklin Templeton has extended its blockchain initiatives by launching its tokenized U.S. Government Money Fund on the Avalanche network. This move marks another expansion of the firm’s onchain financial products. Avalanche Adds Franklin Templeton’s Tokenized Money Fund to Its Blockchain...
Stablecoin Issuing System M^0 Employs Fireblocks for Crypto Custody
22.8.2024
M^0 allows stablecoin issuers to incentivize distributors, liquidity providers and so on by programmatically sharing yield among an ecosystem of users