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Elizabeth Wilson

Bitcoin Miner Applied Digital Debuts a New Data Center in Texas

Bitcoin Miner Applied Digital Debuts a New Data Center in Texas

October 22, 2023 by Elizabeth Wilson

Applied Digital, a Dallas-based crypto mining company, has dramatically intensified its Bitcoin mining output. On Friday, the Applied Digital team officially launched a new data center in Texas. According to the announcement, the new mining facility will generate 200 megawatts. The report…

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Upland Game Nets $7 Million in Series A Funding Round

Upland Game Nets $7 Million in Series A Funding Round

October 22, 2023 by Elizabeth Wilson

On Friday, October 20, the California-based crypto game Upland raised $7 million in a Series A funding round. The EOS Network led the successful fundraising in collaboration with other crypto and blockchain firms, including Animoca Brands and C3 Venture Capital. EOS Leads…

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Tether Blocks 32 Addresses Linked to Hamas to Sabotage Flow of Funds

Tether Blocks 32 Addresses Linked to Hamas to Sabotage Flow of Funds

October 18, 2023 by Elizabeth Wilson

In a Monday October 16 press release, Tether, the largest stablecoin issuer by market capitalization, blocked 32 digital wallets tied to the Palestine terrorist group Hamas. The report indicated that Tether joined forces with the Israeli law enforcement units to weaken the…

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Nigeria Offering $290,000 Grant to Support AI Startups and Research

Nigeria Offering $290,000 Grant to Support AI Startups and Research

October 16, 2023 by Elizabeth Wilson

In an official communication, Bosun Tijani, Minister of Communications, Innovation and Digital Economy in Nigeria, confirmed that the government plans to invest in expanding artificial intelligence (AI) technologies. The minister stated that the Nigerian government will provide a grant to finance AI-related…

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CFTC and FTC Suing Former Voyager CEO for Misleading Customers

CFTC and FTC Suing Former Voyager CEO for Misleading Customers

October 13, 2023 by Elizabeth Wilson

In a recent report, the former chief executive of the bankrupt crypto lender Voyager Digital, Stephen Ehrlich, faced two charges for misleading customers. An October 12 report demonstrated that the Commodities and Futures Trading Commission (CFTC) filed charges against the former Voyager…

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OpenSea Denies Claims on the Involvement of Former Manager in AnubisDAO Project

OpenSea Denies Claims on the Involvement of Former Manager in AnubisDAO Project

October 9, 2023 by Elizabeth Wilson

The world’s largest Web3 marketplace, OpenSea, has denied claims concerning the involvement of the former head of venture Kelvin Pawlak in the AnubisDAO rug pull that occurred in 2021. Recently, talks concerning the AnubisDAO rug pull that exposed non-fungible tokens (NFTs) investor…

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CoinDCX Completes Transak Integration for Supporting Fiat-to-Crypto Transfers

CoinDCX Completes Transak Integration for Supporting Fiat-to-Crypto Transfers

October 8, 2023 by Elizabeth Wilson

Despite the pitched battle to provide regulatory clarity on digital assets, India has witnessed high adoption of crypto assets. CoinDCX, the leading crypto exchange in India, revealed plans to broaden its product offering. The crypto exchange plans to invest heavily in integrating…

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Uzbekh Policy Makers Imposing Restrictive Regulation on Crypto Mining

Uzbekh Policy Makers Imposing Restrictive Regulation on Crypto Mining

October 6, 2023 by Elizabeth Wilson

In a recent report the government of Uzbekistan revealed plans to adopt restrictive measures in crypto mining. A bill on licensing crypto mining activities has been discussed in several Uzbekistan legislative bodies. In an exclusive interview with a local newsroom, the National…

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Argentina’s Presidential Candidate Vows to Implement CBDC Once Elected

Argentina’s Presidential Candidate Vows to Implement CBDC Once Elected

October 4, 2023 by Elizabeth Wilson

As the long pursuit to find the best successor for President Alberto Fernadez nears the end, several Argentine candidates have voiced their opinions on the practical measures to hedge the biting inflation. Speaking at the first presidential debate held on Sunday, October…

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Kazakh Crypto Miners Urges the President to Reduce Energy Cost

Kazakh Crypto Miners Urges the President to Reduce Energy Cost

October 3, 2023 by Elizabeth Wilson

As the crypto sector prepares to tap new opportunities in the upcoming Bitcoin halving, miners in Kazakhstan have expressed concerns on the limitations imposed by the government on crypto mining. In October 3 report the crypto miners advised President Kassym-Jomart Tokayev to…

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VanEck Donating 10% Returns from Ether ETF to Developers for 10 Years

VanEck Donating 10% Returns from Ether ETF to Developers for 10 Years

October 1, 2023 by Elizabeth Wilson

The significant development in the crypto industry has revitalized the growth of the Ethereum ecosystem. The rich ecosystem has inspired the developers to build cutting-edge tools and establish best practices that will fuel the high adoption of the Ethereum network. In an…

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Brazil Releases Blockchain-Powered Digital ID to Improve Data Security

Brazil Releases Blockchain-Powered Digital ID to Improve Data Security

October 1, 2023 by Elizabeth Wilson

As Brazil continues to witness a surge in crypto adoption, the regulators are taking strategic action to nurture the attractiveness of the digital sector. An official announcement by the Brazilian authority revealed that the government plans to roll out a blockchain-powered digital…

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Gemini Eyeing for Indian Expansion, Invests $24M in Establishing Gurgaon Office

Gemini Eyeing for Indian Expansion, Invests $24M in Establishing Gurgaon Office

September 28, 2023 by Elizabeth Wilson

In an advanced report, crypto exchange Gemini revealed plans to expand to India. The Gemini report indicated that the firm will invest approximately $24 million, equivalent to 2 billion rupees, in entering the vibrant Indian market. A review of Gemini’s expansion plan…

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Foundry Report Says Texas Generates 30% of Total Bitcoin Hash Rate in the US

Foundry Report Says Texas Generates 30% of Total Bitcoin Hash Rate in the US

September 28, 2023 by Elizabeth Wilson

Foundry, the US-based crypto mining service provider, has shared a report on the amount of Bitcoin hash rates generated in the region. The report demonstrated that Texas leads other states in developing Bitcoin hash rates. Per Foundry report, Texas generates approximately 28.5%…

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BIS Official Outlines 3 Requirements for Supporting CBDC Adoption

BIS Official Outlines 3 Requirements for Supporting CBDC Adoption

September 28, 2023 by Elizabeth Wilson

In an advance communication, the Bank of International Settlements (BIS) outlined the factors that will contribute to the adoption of the Central Bank Digital Currency (CBDC). The September 27 report illustrated the need to develop a legal framework that protects the user’s…

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Chase Bank UK to Restrict Crypto Transactions in October

Chase Bank UK to Restrict Crypto Transactions in October

September 27, 2023 by Elizabeth Wilson

JPMorgan financial arm Chase Bank announced plans to impose restrictions on crypto transactions in the UK. In a blog post, the Chase bank team confirmed that from October 16, UK retail and institutional clients will be restricted from engaging in crypto transactions….

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mBridge CBDC Project Set to Onboard New Participants in the Launching of Minimum Viable Product

mBridge CBDC Project Set to Onboard New Participants in the Launching of Minimum Viable Product

September 26, 2023 by Elizabeth Wilson

On September 22, the chief executive of the Hong Kong Monetary Authority (HKMA), Eddie Yue, confirmed that the mBridge project expects significant development in the coming days. The CEO delivered his keynote speech at the 2023 Bund Summit in Shanghai China outlining…

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Hackers Compromises Mixin Network’s Cloud Services Heisting $200 Million

Hackers Compromises Mixin Network’s Cloud Services Heisting $200 Million

September 25, 2023 by Elizabeth Wilson

Mixin Network, prominent blockchain protocol that addresses scalability concerns, has suffered loss of substantial assets after the hackers compromised its database. In a September 23 update, the Mixin team lamented that hackers launched a malicious attack on the protocol, draining assets worth…

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Terra Classic Community Calls for Suspension of USTC Minting to Support Stablecoin Repegging

Terra Classic Community Calls for Suspension of USTC Minting to Support Stablecoin Repegging

September 24, 2023 by Elizabeth Wilson

Since 2022, the Terra Classic community has been pursuing ways to repeg its stablecoin USTC, which formed a bearish market structure. In a recent report, the Terra community suggested that the stablecoin issuer should cease minting digital assets. Also, the community urged…

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Coinbase CEO Opposes AI Regulation

Coinbase CEO Opposes AI Regulation

September 23, 2023 by Elizabeth Wilson

In a recent X post (formerly Twitter), the chief executive of Coinbase, Brian Armstrong, opposed regulating the use case of artificial intelligence (AI) technology. Despite the inherent risk associated with the adoption of AI technologies, the CEO urged regulators to impose policies…

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Name	Price	24H (%)
Bitcoin (BTC)	$105,244.00	1.18%
Ethereum (ETH)	$2,496.21	0.70%
Tether (USDT)	$1.00	-0.01%
XRP (XRP)	$2.19	1.50%
BNB (BNB)	$648.83	0.27%
Cardano (ADA)	$0.67	2.34%
Chainlink (LINK)	$14.01	5.92%
Litecoin (LTC)	$88.55	4.49%
Polkadot (DOT)	$4.03	2.89%
Uniswap (UNI)	$6.18	2.38%