Transition from Crypto Mining to AI Data Centers Faces Significant Challenges
As Bitcoin mining companies explore diversifying their operations into data centers for artificial intelligence (AI) and high-performance computing (HPC) to enhance revenue streams, the complexities and high costs associated with…
Trump Election Subversion Case Resumes with Crucial Court Hearing on Its Future Direction
A pivotal court hearing is scheduled for Thursday to discuss the next steps in the federal election subversion prosecution of former President Donald Trump. This marks the first session since…
Former Mt. Gox CEO Mark Karpeles to Unveil New EllipX Crypto Exchange in Europe
Mark Karpeles, the former CEO of the now-defunct cryptocurrency exchange Mt. Gox, is set to launch a new crypto exchange named EllipX this September. Based in Poland, EllipX will initially…
WazirX Hacker Transfers $6.5 Million in Crypto to Tornado Cash
A wallet address linked to the hacker responsible for the theft of over $235 million from the Indian cryptocurrency exchange WazirX has recently conducted significant transactions involving a notorious crypto…
Matter Labs CEO Announces Company Restructuring and Workforce Reductions
Alex Gluchowski, CEO and co-founder of Matter Labs, disclosed significant changes within the organization on September 3, including a restructuring effort and a 16% reduction in the workforce. Matter Labs,…
Riot Platforms Advocates for Bitfarms Board Revisions Prior to Key October Meeting
Riot Platforms, holding a significant stake in Bitfarms, has publicly called for further changes to the board of directors of the cryptocurrency-focused company, Bitfarms. This call comes ahead of an…
Arthur Hayes Analyzes Impact of Fed Rate Cuts on Bitcoin Prices
Arthur Hayes, the co-founder and former CEO of BitMEX and current Chief Investment Officer at Maelstrom, recently shared insights on why anticipated interest rate cuts by the U.S. Federal Reserve…
FTC Reports 1,000% Increase in Bitcoin ATM Scams Since 2020
The Federal Trade Commission (FTC) has revealed a dramatic tenfold increase in scams involving Bitcoin ATMs since 2020, highlighting the vulnerabilities associated with the anonymity and rapid transaction capabilities of…
August Reports a 215% Increase in Crypto Phishing, Including a $55 Million Loss from a Single Attack
The frequency and severity of cryptocurrency phishing attacks have dramatically increased, with August witnessing a surge of over 215%, highlighted by a significant incident that resulted in a $55 million…
Binance CEO Decries ‘Inhumane’ Treatment of Gambaryan Following Disturbing Video Release
A newly released video has brought to light the severe conditions faced by Tigran Gambaryan, a Binance executive detained in Nigeria, sparking widespread outcry and intensified demands for his release.…
Kamala Harris Proposes $50,000 Tax Incentive to Boost Startups
Vice President Kamala Harris is set to propose a substantial tax incentive for new small businesses, enhancing her economic policy platform as she prepares for an upcoming debate with former…
Ripple’s Chief Legal Officer Criticizes SEC’s Use of ‘Crypto Asset Security’
Ripple Labs’ Chief Legal Officer, Stuart Alderoty, has openly criticized the United States Securities and Exchange Commission (SEC) for its continued use of the term “crypto asset security,” which he…
Detained Binance Executive Seeks New Bail Amid Health Concerns
The trial of Tigran Gambaryan, a Binance executive currently detained in Nigeria, resumed on September 2, 2024. As the proceedings continue, Gambaryan’s legal team has filed a renewed motion for…
Qatar Unveils Regulatory Framework for Digital Assets
The Qatar Financial Centre (QFC), located in Doha, has launched a comprehensive regulatory regime dedicated to fostering the development and management of digital assets. This initiative is set to provide…
New Web3 Wallet Introduces Decentralized Crypto Inheritance Feature
UBD Network has unveiled a groundbreaking development in the Web3 space with the launch of its new product, the DeTrust Wallet. This multifunctional blockchain protocol facilitates decentralized cryptocurrency inheritance, addressing…
Metaplanet Partners with SBI for Bitcoin Trading and Custody Initiatives
Metaplanet, a prominent Bitcoin investor in Japan, often compared to “Japanese MicroStrategy,” has announced a strategic partnership with SBI VC Trade, a crypto investment arm of SBI Group, which is…
OKX Secures Comprehensive Crypto License in Singapore
Crypto exchange OKX has officially received a full operational license in Singapore, marking a significant expansion of its capabilities to facilitate cryptocurrency trading and cross-border financial services. This development coincides…
Crypto Executives Organize $100K Fundraiser for Vice President Harris
Crypto industry leaders and advocacy groups are reportedly organizing a fundraiser to gather $100,000 for Vice President Kamala Harris, aiming to influence her cryptocurrency policy stance if she is elected…
Biden and Harris Campaign in Key Union State as Trump Opts Out of Labor Day Events
On Labor Day, President Joe Biden and Vice President Kamala Harris united in Pittsburgh, a significant union stronghold, to emphasize their administration’s commitment to labor rights, contrasting their active campaign…
Record Gold Purchases by Central Banks Amid Financial Shifts, Bitcoin Also Rises
In 2024, central banks globally have accelerated their acquisition of gold, reaching unprecedented levels, signaling a significant shift towards store of value assets amid broader financial market dynamics. According to…