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Bitcoin miner Riot Platforms reports record $211M Q1 net income
2.5.2024
Riot’s net income was boosted by a 131% year-on-year increase in Bitcoin’s price despite the cryptocurrency becoming more difficult and expensive to mine
Securitize raises $47M in strategic funding led by BlackRock
1.5.2024
Crypto firms Aptos Labs, Paxos and Circle also took part in the funding that bodes well for the future of real-world asset tokenization
NFT Sales Dip Over 31% in April; Ethereum, Solana Experience Sharp Declines
1.5.2024
Sales of non-fungible tokens (NFTs) experienced a 31.26% decline in April from the revenues recorded in March. Last month, statistics show that NFT transactions across several markets totaled approximately $1.15 billion in sales. NFT Revenues Shrink in April, Certain Bitcoin Collections Buck...
BlackRock's BUIDL becomes the world’s largest tokenized treasury fund
1.5.2024
It took less than six weeks for the BlackRock USD Institutional Digital Liquidity Fund to surpass Franklin Templeton’s one year old tokenized treasury fund
Russia to Enact a Ban on Domestic Operations Of Cryptocurrency Exchanges
30.4.2024
Russia is preparing to enact a ban on the organization of cryptocurrency exchanges in the country via the approval of a bill that regulates mining activities. According to statements made by Russian Duma Financial Market Chairman Anatoly Aksakov, digital financial assets like the digital ruble will...
Citi: Brazil Is at the Top of Digital Money Initiatives in Latam
30.4.2024
A recent report by Citi, a global financial institution, has put Brazil at the top of the nations leading the digital money initiatives in Latin America. The report states that Brazil features a combination of factors that ease the adoption of digital money such as government support and digital...
Marathon Digital Chooses StanChart-Backed Zodia Custody as Crypto Custodian
30.4.2024
Marathon Digital has selected Standard Chartered-backed digital asset custodian Zodia Custody to safeguard its crypto holdings.
The post Marathon Digital Chooses StanChart-Backed Zodia Custody as Crypto Custodian appeared first on Cryptonews
Bankruptcy judge signs off on $450M FTX-Voyager settlement
29.4.2024
According to the terms of the deal, FTX will “relinquish any and all rights” to $450 million Voyager Digital has claimed from the crypto exchange
Can the Upcoming South Africa Elections Swing In Favor of Crypto?
29.4.2024
South Africa's approaching elections are unlikely to disrupt the country's progress in the realm of digital assets, according to several members of the crypto community.
The post Can the Upcoming South Africa Elections Swing In Favor of Crypto? appeared first on Cryptonews
Top Chinese Law Firm Analyzes Digital Yuan AML Challenges
29.4.2024
JunHe Law Firm Partner Chen Xin issues report to explore anti-money laundering challenges, opportunities and solutions in China's CBDC digital yuan deployment and regulation.
The post Top Chinese Law Firm Analyzes Digital Yuan AML Challenges appeared first on Cryptonews
Deutsche Bundesbank President on Digital Euro: ‘The Eurosystem Has No Interest in Monitoring People’s Payment Patterns’
26.4.2024
Joachim Nagel, President of the Deutsche Bundesbank, praised the privacy traits a hypothetical upcoming digital euro would possess. During a speech, Nagel specified that the Eurosystem would have “no interest” in monitoring the payments and expenses of digital euro users and would...
Chinese 'Crypto Dad' faces government investigation
26.4.2024
Yao Qian, the first director of CBDC development at China’s central bank, is reportedly under investigation for suspected law violations
Ex-Head of China's Digital Yuan Effort Facing Government Probe: Report
26.4.2024
Yao Qian is reportedly being investigated for "violations of discipline and law."
DCG Boosts Legal Arsenal with First Chief Hire During New York AG Dispute
26.4.2024
Digital Currency Group (DCG), parent firm of bankrupt crypto lender Genesis, has brought on its first-ever chief legal officer as it faces a lawsuit from New York’s Attorney General.
The post DCG Boosts Legal Arsenal with First Chief Hire During New York AG Dispute appeared first on Cryptonews
Marathon Digital Ramps up Bitcoin Mining Goals, Targets 50 EH/s Hash Rate for 2024
26.4.2024
Marathon Digital plans to increase its 2024 hash rate target for Bitcoin mining from 35-37 EH/s to 50 EH/s, thanks to expanded capacity from recent acquisitions, aiming to more than double its mining operations without the need to raise additional capital. The company’s growth includes...
Bitcoin miner Marathon increases 2024 hash rate target to 50 EH/s
26.4.2024
If Marathon reaches its 50 EH/s target, it would mark more than a 100% increase in the firm’s hash rate since the start of 2024
Crossover Markets’ Digital Asset Exchange Surpasses $3.15 Billion in Trading Volume in Q1 2024
25.4.2024
Digital asset technology firm Crossover Markets has released impressive performance data for Q1 2024 from its flagship digital assets platform, CROSSx.
The post Crossover Markets’ Digital Asset Exchange Surpasses $3.15 Billion in Trading Volume in Q1 2024 appeared first on Cryptonews
Digital Euro Not Expected to Debut Until 2028 or 2029: German Central Bank President
25.4.2024
The digital euro will likely not launch until 2028 or 2029, Germany's central bank president, Dr. Joachim Nagel, said on Wednesday.
The post Digital Euro Not Expected to Debut Until 2028 or 2029: German Central Bank President appeared first on Cryptonews
Thai SEC Instructed to Share Information on Unauthorized Digital Asset Platforms With Government
24.4.2024
The Thai Securities and Exchange Commission has been instructed to share information on unauthorized digital asset service providers with the Ministry of Digital Economy and Society. The regulator warned investors using such platforms of the risks they face which include the possibility of being...
iPhone Currently Not Compatible with Digital Euro: ECB Board Member
24.4.2024
An ECB executive board member wants Apple to change how iPhone payments work to support a potential digital euro. He claims the tech giant's current system may not support offline payments for any European Central Bank digital currency.
The post iPhone Currently Not Compatible with Digital Euro:...