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Bitcoin Miner Iris Energy Turns to High-Performance Computing Amid Rising AI Demand

21.6.2023
The Nasdaq-listed Bitcoin mining firm Iris Energy has announced its expansion plans to cater to the rising demand of data centers for AI. The mining firm will expand to 9.1 EH/s (exahashes per second) and revitalize its high-performance computing (“HPC”) data center strategy, as per a press...

Crypto and AI: Save Us From the Hype

21.6.2023

Investment Bank Berenberg: Stablecoins and DeFi Likely to Face SEC's Crypto Crackdown Next

21.6.2023
The U.S. Securities and Exchange Commission (SEC) is likely to extend its enforcement crackdown to both decentralized finance (DeFi) and stablecoins, wrote Berenberg in a research report published on Tuesday. As read by CoinDesk, the investment bank said that two of the SEC’s next targets...

Atomic Wallet Hackers Hide $35 Million Stolen Crypto Funds Using THORChain – Here's What You Need to Know

21.6.2023
Hackers that exploited Atomic Wallet for over $100 million earlier this month are using the cross-chain liquidity protocol THORChain to hide their loot. According to on-chain data, 503 ETH equivalent to $870,000, associated with the Atomic hack, was moved to THORChain on the 18th and 19th of June...

Don’t be mean to CEXs — Crypto relies on them

21.6.2023
Centralized crypto exchanges have a crucial role left to play in bridging traditional finance with decentralized cryptocurrencies

How to track and report crypto transactions for tax purposes

21.6.2023
Crypto assets are subject to tax and must be tracked and reported to the IRS. This comprehensive tax guide contains everything you need to know

Bitcoin Breaks $30K Amid TradFi Push Into Crypto

21.6.2023
The world's largest cryptocurrency by market value, bitcoin, had not reached levels above $30,000 since June 2022

Today in Crypto: Citadel & Fidelity-Backed EDX Launches Trading, Core Scientific Files Chapter 11 Bankruptcy Plan, Canadian Securities Administrators Warns About Fraudulent Crypto Companies

21.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Citadel & Fidelity-Backed EDX Launches Trading, Core Scientific Files Chapter 11 Bankruptcy Plan, Canadian...

Crypto Exchange BIT Unveils Options Market for Cardano's ADA Token

21.6.2023
BIT's unified margin system allows ADA holders to trade options at a discount

Gemini Announces Plans for Expansion in Asia-Pacific Amid SEC Lawsuit

21.6.2023
Crypto exchange Gemini has announced plans to expand into the Asia-Pacific (APAC) region to capture the “next wave of growth for crypto.” The US-based crypto exchange aims to increase its headcount in Singapore and establish an engineering division in India, the platform said in a Monday blog...

Binance SEC lawsuit could dent crypto exchange’s global plans

21.6.2023
The U.S. SEC is issuing a spate of regulatory actions against major exchanges, including the world’s largest digital asset exchange, Binance

First Mover Americas: Bitcoin Rallies as TradFi Players Jump Into Crypto

21.6.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for June 21, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets

Crypto Robo-Adviser Hedgehog Launches as App With Gemini as Custodian

21.6.2023
Hedgehog, which provides algorithm-driven financial guidance for cryptocurrency investors, has launched as an app on both iOS and Android systems

Crypto Sites Are Naming Fake Dispute Resolution Organizations: Canada’s Securities Regulator

21.6.2023
Most organizations the regulator mentions have little or no online presence and, with one exception, aren’t working with any major crypto platforms

Stablecoins, DeFi Likely to Be SEC’s Next Targets in U.S. Crypto Crackdown: Berenberg

21.6.2023
If USD Coin is targeted by regulators, the impact on Coinbase revenue could be significant, the report said

FTX bankruptcy will be ‘very expensive’ but there’s a reason: Auditor

21.6.2023
The legal fees charged in the first months of FTX’s bankruptcy have been examined by an auditor, who has confirmed the case is “on track to be very expensive.”

French Real Estate Firm Signs Crypto Pay Deal – Is Adoption on the Rise?

21.6.2023
A French real estate firm has signed a partnership deal with domestic crypto pay provider, an indication that the European nation may be the next to embrace crypto-powered commerce. Per Boursier, Apsys will allow customers to pay using crypto at all of its shopping malls. The firm operates...