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Bitcoin Miner Iris Energy Revives High-Performance Computing Strategy Amid Booming Interest in AI

[Jun 20, 2023 8:18 AM] Miners are increasingly looking to fill data center space with AI and cloud computing.

Startup Arbol Unveils AI and Blockchain-Powered Climate Insurance Platform

[Jun 20, 2023 7:00 AM] The market for climate insurance is estimated to triple in the next decade.

Atomic Wallet Hackers Use THORChain to Conceal Stolen $35M Funds

[Jun 20, 2023 4:55 AM] Hackers that targeted crypto wallet Atomic Wallet in a $35 million heist earlier this month have used THORChain and Swft bridge to conceal their ill-gotten gain, according to blockchain sleuth MistTrack.

Binance Sets Up Bitcoin Lightning Nodes to Ease Deposits and Withdrawals

[Jun 20, 2023 3:37 AM] A host of crypto exchanges have set up their own Lightning nodes in recent months to offer faster bitcoin transactions to users.

Australian Data Center Startup Arkon Expands to U.S. With $26M in Fresh Funding

[Jun 20, 2023 3:25 AM] CEO Joshua Payne said he expects the acquisition of a data center in Hannibal, Ohio to be "the first of several" over the next year.

Tokenization Could Be a $5T Opportunity Led by Stablecoins and CBDCs: Bernstein

[Jun 20, 2023 12:46 AM] About 2% of global money supply, via stablecoins and CBDCs, could be tokenized over the next five years, which is about $3 trillion, the report said.

Alibaba's Crypto Friendly Joseph Tsai Set to Become Chairman

[Jun 20, 2023 12:14 AM] Joe Tsai, one of Alibaba’s founders, has been an active Web3 investor and once tweeted “I like Crypto.”

Investment Firm Republic Buys Stake in Crypto Broker-Dealer INX at $50M Valuation

[Jun 19, 2023 7:32 AM] Republic will acquire around a 9.5% stake in INX following the initial investment, with a commitment to acquire of 100% of equity at a valuation of $120 million as early as Q3 this year..

Crypto Market Regulatory Uncertainty Overshadows Blockchain Development: Bank of America

[Jun 19, 2023 2:27 AM] The bank said it expects blockchain infrastructure and tokenization to transform financial and non-financing infrastructure and markets over the next five to 10 years.

Crypto Community Donates $1M to Sleuth ZachXBT After Defamation Lawsuit

[Jun 19, 2023 12:17 AM] Backers include the likes of prominent crypto businesses and personalities such as Binance, CertiK and Justin Sun, among others.

Russia to Trial Digital Asset Settlements in Foreign Trade

[Jun 16, 2023 11:30 PM] Bank of Russia plans to pilot cross-border payments using digital assets and central bank digital currencies, according to a deputy governor. The top executive believes these alternative instruments could increase efficiency in foreign trade while…

Crypto Detective ZachXBT Faces Defamation Lawsuit

[Jun 16, 2023 3:59 PM] MachiBigBrother has sued ZachXBT for an investigation the latter published in June 2022 alleging the trader stole tens of millions of dollars worth of crypto.

BlackRock’s Spot Bitcoin ETF Not The Same As Grayscale’s Product, Experts Say

[Jun 16, 2023 2:44 PM] Exchange Traded Fund (ETF) terminology can sometimes be tricky, and fund management giant BlackRock’s application for a spot Bitcoin ETF has raised some questions.

DeFi Credit Protocol Concordia Raises $4M in Round Led by Tribe, Kraken Ventures

[Jun 16, 2023 10:21 AM] Concordia, now live in public testnet on Aptos, offers a multi-chain risk and collateral management platform for digital assets.

BlackRock May Have Found Way to Get SEC Approval for Spot Bitcoin ETF

[Jun 16, 2023 9:32 AM] Blackrock’s (BLK) iShares Bitcoin Trust application to the U.S. Securities and Exchange Commission (SEC) this week might stand a better chance than previous attempts by other fund managers thanks to the promise of a “surveillance-sharing agreement”�

Crypto Traders Flock to OTC Markets as Exchange Liquidity Dries Up Amid Regulatory Clampdown

[Jun 16, 2023 7:50 AM] crypto traders flock to OTC

Professional Investors Still Have an Appetite for Digital Assets: Survey

[Jun 16, 2023 4:10 AM] A survey by Nomura’s digital asset subsidiary shows investors overwhelmingly say digital assets represent an important diversification opportunity.

Binance to Quit Netherlands After Failing to Acquire License

[Jun 16, 2023 2:40 AM] The crypto exchange's attempt to secure a virtual asset service provider (VASP) license from the Dutch regulator was unsuccessful.

Avantgarde, Agio Digital Unveil Institutional Onchain Funds Platform

[Jun 15, 2023 10:01 PM] The platform will allow for users to set up fully regulated on-chain funds.

BlackRock's iShares Files Paperwork for Spot Bitcoin ETF

[Jun 15, 2023 3:08 PM] The SEC has rejected numerous attempts by other fund companies to launch a spot bitcoin ETF.

MakerDAO Hikes DAI Savings Rate, Ousts Paxos Dollar, Curbs Gemini Dollar in Reserve

[Jun 15, 2023 2:17 PM] The move could redefine baseline interest rates in the DeFi space, spurring higher stablecoin lending rates and making leverage more expensive, one analyst noted.

Crypto Lobbyists Ask SEC for Info on Prometheum, The Mysterious 'Regulated' Crypto Firm

[Jun 15, 2023 1:55 PM] The “regulated crypto exchange” backed Gary Gensler’s viewpoint in front of Congress. But are they for real?

Mick Mulvaney-Linked Astra Protocol Faces Investor Backlash Over ‘Severely Deficient Communication’

[Jun 15, 2023 1:42 PM] Astra Protocol, provider of Web3 compliance solutions, previously had a dispute with investor Republic Crypto over an alleged token sale.

Binance.US Cuts Staff After SEC Suit, Citing ‘Very Costly Litigation Process’

[Jun 15, 2023 12:53 PM] Binance cuts staff.

Coinbase CEO Brian Armstrong’s ResearchHub Startup Raises $5M in Funding

[Jun 15, 2023 9:07 AM] The Series A round was led by Open Source Software Capital with participation from Boost VC, RedHat's Bob Young and others.

Former FTX Ventures Head Amy Wu Joins Menlo Ventures

[Jun 15, 2023 8:54 AM] The 47-year-old firm has $5 billion in assets and has backed the likes of Uber and Roku.

BlackRock Close to Filing for Bitcoin ETF Application: Source

[Jun 15, 2023 7:01 AM] BlackRock will be using Coinbase (COIN) Custody for the ETF and the crypto exchange’s spot market data for pricing, the source said.

Mining Pools Are the New Mixers For Cybercriminals: Chainalysis

[Jun 15, 2023 7:00 AM] Hackers have a new way to recycle their ill-gotten crypto gains.

Crypto Exchange OKX Wins Preparatory License in Dubai, Set to Boost Staff

[Jun 15, 2023 4:00 AM] Once the so-called MVP license becomes operational, OKX Middle East will offer spot, derivatives, and fiat services, including U.S. dollar and UAE dirham deposits and withdrawals.

Crypto Exchange Bit2Me Raises $15M to Grow in Spain and Latin America

[Jun 15, 2023 12:00 AM] The investment round included Telefónica Ventures, the investment arm of Spain’s largest telecommunications company Telefónica.