209 / 255 Relevant items tagged with #Cryptocurrency
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US House Committee Passes CBDC Anti-Surveillance State Act With Support of 60 Congress Members
[Sep 22, 2023 6:00 PM] The U.S. House Financial Services Committee has passed the CBDC Anti-Surveillance State Act, the first anti-central bank digital currency legislative effort introduced in the United States. Congressman Tom Emmer detailed that the bill halts the…
Peak Mining Signs $150M Deal for Microbt Bitcoin Miners, Eyes Large-Scale Liquid-Cooling Tech
[Sep 22, 2023 3:00 PM] According to Peak Mining, a subsidiary of Northern Data Group, the company has signed a contract with bitcoin mining rig manufacturer Microbt worth $150 million. This agreement will equip Peak Mining with 7 exahash per second (EH/s) of the latest…
Tether Calls Out WSJ ‘Tabloid Style’ Reporting, States Outlet ‘Disregarded’ Reporting Banking Industry Woes
[Sep 22, 2023 1:30 PM] Tether, the company behind the issuance of USDT, the largest stablecoin in the crypto market, has called out the latest report of the Wall Street Journal (WSJ) on the rise of its loan portfolio. The company stated that traditional banking…
16 Joules per Terahash: Bitmain Unveils High-Efficiency S21 Bitcoin Miners at Hong Kong Summit
[Sep 22, 2023 12:00 PM] Bitmain, a leading bitcoin mining rig manufacturer, has introduced the newest addition to its Antminer products: the S21 series. The newest models have an efficiency rating under 20 joules per terahash (J/T) and produce between 200 terahash per…
Did the NSA Invent Bitcoin? A 1996 Research Paper Reignites the Debate
[Sep 22, 2023 10:30 AM] A recent buzz within crypto circles revolves around a 1996 research paper from the U.S. National Security Agency (NSA). There’s burgeoning speculation: did the NSA lay the groundwork for Bitcoin? Indeed, there are striking similarities…
Biggest Movers: XRP Rebounds on Friday, Following Recent Decline
[Sep 22, 2023 10:01 AM] After being the victim of a red wave on Thursday, XRP rebounded in today’s session, as crypto bulls remained resilient. The global market cap is up by 0.40% at the time of writing, following a 2% drop yesterday. Stellar was another strong…
Regulator Sues Crypto Exchange Kraken Provider in Australia
[Sep 22, 2023 5:30 AM] Australia’s securities regulator has initiated civil proceedings against Bit Trade Pty Ltd, an entity providing Kraken services to Australian users. According to the government agency, the company failed to comply with regulatory obligations meant…
Digital Assets Worth Billions Still Secure Despite Rise in Cyber Attacks — Former Microsoft Security Lead
Eclipse Announces Solana-Powered Ethereum Rollup
[Sep 22, 2023 12:30 AM] Eclipse, an organization that allows for the construction of customizable rollups, has announced the architecture of its Eclipse mainnet, a Solana-powered Ethereum layer two (L2) scaling rollup. The rollup will benefit from using the Solana Virtual…
Coinbase Calls on 52 Million Crypto Holders to Advocate for Clear Regulation
[Sep 21, 2023 9:30 PM] Coinbase revealed a campaign to move more than 52 million U.S.-based cryptocurrency holders to call for clear and precise regulation. The push, part of a countrywide initiative, will be supported by a paid media campaign across multiple platforms…
Vivek Ramaswamy Plans to Have Crypto Policy Ready by Thanksgiving
[Sep 21, 2023 7:30 PM] Presidential hopeful Vivek Ramaswamy is working on a crypto policy framework that he aims to finalize by Thanksgiving. The Republican criticized the regulation-by-enforcement approach of U.S. government agencies like the securities regulator under…
Mt Gox Repayment Delayed Again: Creditors Await BTC, BCH, and Yen Payments Until 2024
[Sep 21, 2023 5:30 PM] According to a new update from the Mt Gox trustee, Nobuaki Kobayashi, the repayment deadline for creditors has been pushed to next year. Kobayashi said discussions with banks, fund transfer service providers and designated cryptocurrency exchanges…
Ex-Alameda Employee Exposes Firm’s Massive Bitcoin Trading Misstep
[Sep 21, 2023 3:30 PM] An ex-employee of Alameda Research has revealed that a trading blunder from the firm precipitated an astonishing 87% plunge in bitcoin’s (BTC) price on the Binance US exchange. This mishap, the insider disclosed, resulted in losses reaching…
Coinbase’s L2 Blockchain Base Skyrockets 111% in 41 Days, Overtaking Solana in TVL
Biggest Movers: SHIB Bears Snap 3-Day Win Streak, TON Profit Takers Swoop In
[Sep 21, 2023 9:30 AM] Shiba inu bears ended a three-day bull run on Thursday, as a red wave swept over cryptocurrency markets. Today’s drop comes as the global crypto market cap fell by as much as 1.50%. Toncoin also slipped, as profit takers moved to secure recent…
Optimism To Sell 116 Million OP Tokens Via Private Sale: Will The Price React?
[Sep 21, 2023 8:00 AM] Optimism has revealed its plans to sell 116 million OP tokens to seven private buyers. According to the update, this sale is for treasury management tokens. Based on current prices, this sale will transfer approximately $159 million worth of OP…
ZK-Rollup Coin Sector’s Value Plummets by 46% in 7 Months
[Sep 21, 2023 8:00 AM] At the outset of the year, cryptocurrency assets linked to the realm of ZK-rollups commanded significant attention. In February, the market capitalization of the ZK-rollup coin ecosystem reached a substantial $13.7 billion. However, the subsequent…
ETH developer programs AI-generated memecoin AstroPepeX using ChatGPT
[Sep 21, 2023 7:19 AM] “What if ChatGPT could deploy its own token?” You probably guessed the answer - AstroPepeX has been minted and is being traded on a handful of DeFi and centralized exchanges.
Opera Launches Blockchain-Based Wallet Enabling Rapid P2P Stablecoin Transfers for African Users
[Sep 21, 2023 5:30 AM] The creator of the Opera Mini web browser recently announced the launch of a blockchain-based wallet which makes it possible for African users to rapidly transfer stablecoins. Integration of the stablecoin wallet into the Opera Mini browser is…
Report: Bhutan Commences Plan to Develop 600-Megawatt Bitcoin Mining Farm
[Sep 21, 2023 4:00 AM] The Himalayan Kingdom of Bhutan along with its partner Bitdeer Technologies Group has reportedly kickstarted plans to develop a 600-megawatt crypto mining farm. Bitcoin mining in the kingdom is expected to “equip citizens to participate in…
South Koreans Report Over $98 Billion in Overseas Crypto Assets
[Sep 21, 2023 2:30 AM] South Korean tax payers have declared some 131 trillion won (more than $98 billion) of crypto holdings in overseas accounts this year. The amount was announced by the country’s tax agency and it comes after the authorities in Seoul imposed a…
Hong Kong Regulator Says Crypto Firms Claiming to Be Banks Are in Contravention of Banking Ordinance
NFT Platform ImmutableX's IMX Token Surges 35% With Upbit Leading Volume Growth
[Sep 20, 2023 10:59 PM] The IMX-Korean won pair listed on South Korea's leading exchange Upbit accounted for nearly 20% of the 24-hour global trading volume.
Nomura’s Laser Digital Launches ‘Bitcoin Adoption Fund’ for Institutional Investors
[Sep 20, 2023 8:30 PM] Financial giant Nomura’s digital assets subsidiary, Laser Digital, has announced the launch of its Bitcoin Adoption Fund to provide “long-only exposure to bitcoin whilst being one of the most cost-effective and secure investment…
Ex-Deutsche Bank Investment Banker Faces Up to 30 Years in Prison for Crypto Fraud
[Sep 20, 2023 6:30 PM] A registered broker and former investment banker with financial giant Deutsche Bank has pleaded guilty to defrauding investors into a fraudulent crypto fund. He is facing up to 30 years in prison and will be required to pay restitution of more than…
Stanford University Vows to Return $5.5M FTX Donations; Funds Initially Allocated for Pandemic Prevention
[Sep 20, 2023 2:30 PM] In the wake of a lawsuit targeting the parents of Sam Bankman-Fried, Stanford University’s spokesperson has announced intentions to give back the millions garnered from FTX and its affiliates. Records indicate that a whopping $5.5 million in…
Grayscale Files With SEC for Ethereum Futures ETF on NYSE Arca
[Sep 20, 2023 1:30 PM] The largest digital asset manager, Grayscale Investments, filed paperwork with the U.S. Securities and Exchange Commission (SEC) on September 19 for a new exchange-traded fund dedicated to ethereum (ETH) futures. The Grayscale Ethereum Futures…
Paypal Launches US Dollar-Denominated Stablecoin PYUSD on Venmo
[Sep 20, 2023 12:30 PM] On Wednesday, the payment giant Paypal announced that the stablecoin PYUSD is now available on Venmo. Paypal detailed that the stablecoin asset will be available to select Venmo users and fully roll out for all users “in the coming…