Prominent Bitcoin mining firm CleanSpark recently revealed that it is on the verge of acquiring seven new crypto mining facilities in Knoxville, Tennessee. According to the Bitcoin miner, the purchase would cost the company approximately $27.5 million, and the details of the…
US SEC Holds Firm on Crypto Custody Rule The United States Securities and Exchange Commission (SEC) remains firm on its stance regarding crypto custody for regulated financial institutions, as SEC Chief Accountant Paul Munter confirmed during a recent speech. His remarks focused…
BBVA, one of Spain’s leading banking institutions, has announced the integration of USDC stablecoin into its banking services. The move is part of the bank’s expansion into the crypto space to offer institutional clients specialized trading operations. In addition, BBVA’s integration of…
Toncoin Market Cap Reaches $13.96B Toncoin, the native token of The Open Network (TON), has reached a market capitalization of $13.96 billion and surpassed 1.1 million daily active users. The achievement comes amidst turbulence following the arrest of Pavel Durov, CEO of…
Following accusations that the Ethereum network does not care about decentralized finance (DeFi), Vitalik Buterin has downplayed the criticisms over alleged neglect. According to the Ethereum co-founder, DeFi has been an important part of Ethereum’s ecosystem core principle. Frustrations over Ethereum’s DeFi…
Pig Butchering Scams Targeting US Investors United States authorities have made significant strides this week in tackling a major pig butchering scam, recovering millions of dollars in cryptocurrency, and sending a former bank CEO to prison. The US District Attorney’s Office for…
Tether to Introduce Dirham-Backed Stablecoin in UAE Tether, the dominant force in the stablecoin sector, is set to launch a new digital currency backed by the United Arab Emirates dirham (AED). This move is part of a collaboration with the UAE’s Phoenix…
Ledn Secures Pioneer $50M Bitcoin-Backed Loan Ledn, a prominent digital lending platform, has received approval for a $50M loan backed by Bitcoin. This loan, syndicated by Sygnum, a global digital asset banking group, marks a significant development in the integration of digital…
Despite general belief, transactions involving Bitcoin are not completely anonymous to others. They are pseudonymous; such transactions leave a trail where users’ identities can be potentially exposed. Enter Bitcoin mixers. A Bitcoin mixer like Mixero can hide transaction trails and ensure users’…
Crypto AI Projects Face New Challenges Recent fears on Wall Street about a possible AI bubble burst have raised concerns about the future of AI-focused crypto projects. As AI technology gains mainstream attention with advancements like ChatGPT, investors poured money into various…
BlackRock’s iShares Ethereum Trust Leads with $188.4M Inflows Spot Ether (ETH) exchange-traded funds (ETFs) in the United States have achieved a significant milestone following their first positive net flows since their launch on July 23. SoSoValue’s ETF tracking data showed that the…
Following the launch of the updated draft of the 1099-DA crypto tax form by the US Internal Revenue Service (IRS), crypto traders and investors must report all transaction activities involving digital assets. The updated legislation, set to go into force in 2026,…
Bernstein Group observes a steady growth in Bitcoin adoption among institutional clients amid the turbulent crypto market. As Bitcoin and Ethereum plummet further, investors rush to exit the risky assets. The market crash catalyzed by the looming global recession called for experts’…
On-chain data shows that the US government moved $2 billion of Bitcoin seized from the Silk Road saga to an unmarked digital wallet. On Monday, the US government transferred over $2 billion of BTC seized from the dark web marketplace Silk Road….
On Sunday, Nicolas Maduro was announced as the President of Venezuela after winning the election. The results were announced by the National Electoral Council’s President, Elvis Amoroso, who declared Mr Maduro Venezuelan president, serving for the third term. Nicolas Maduro Wins Venezuela…
Tron Foundation’s founder predicts a shift in China’s stance on Bitcoin to stimulate healthy competition with the US. Tron’s Justin Sun urges China to revise its position and back Bitcoin, similar to Donald Trump’s endorsement of the digital assets in a pledge…
Donald Trump vowed to create a national crypto reverse and never sell crypto seized by the government at the Bitcoin 2024 conference. The appearance of the Republican presidential candidate, Donald Trump, at the Bitcoin 2024 conference renewed the hopes of the crypto…
The renowned Bitcoin enthusiast Mark Cuban was pleased to announce that the Democrat presidential candidate Kamala Haris has been in dialogues with crypto advisors to prepare for the Bitcoin conference in Tennessee. On Tuesday the American crypto investor Mark Cuban received a…
The Cayman-based crypto exchange Gate.io has announced plans to wind down operations in Japan due to regulatory pressure. The renowned centralized crypto exchange Gate.io has confirmed plans to exit the Japanese market. In a July 22 announcement, Gate.io will prioritize complying with…
The private equity platform, Unbound Fund allows investors to secure Portuguese and EU citizenship via Bitcoin-driven investment. A newly established private equity fund – Unbound Fund – is promoting the pioneer Bitcoin-driven golden visa avenue onboarding overseas investors in earning Portuguese and…
