Tether’s Issuance on TON Blockchain Reaches $60M, Marking a ‘Great Start,’ Says CEO
Since its introduction to The Open Network (TON) on April 19, Tether (USDT) has experienced significant growth, with $60 million worth of the stablecoin now issued, making TON the 11th-largest…
Bitcoin Miners Eye AI Integration in Post-Halving Era, CoinShares Reports
In the wake of the recent Bitcoin halving, which cut the reward for mining by 50%, CoinShares has released a report suggesting that crypto miners may increasingly turn to artificial…
EU Initiates Investigation into TikTok Lite, Highlighting Addiction Concerns
The European Union has initiated a second formal investigation into TikTok on Monday, April 22nd, focusing on the recently introduced TikTok Lite app. The probe addresses concerns that the app,…
Varda secures a big $90 million in funding to accelerate its space manufacturing initiatives.
In a groundbreaking move that signifies the confluence of biopharma, government ambitions, and space technology, Varda Space Industries announced on Friday its successful acquisition of $90 million in a Series…
Twelve Solana Memecoin Projects Abandoned Within a Month of Presales
In the last 30 days, at least twelve Solana-based memecoin projects that collectively raised $26.7 million through presales have been abandoned, according to data revealed by blockchain investigator ZachXBT. This…
Bitcoin Transaction Fees Plummet Following Record High on Halving Day
Just one day after the fourth Bitcoin halving event, which saw average transaction fees soar to a record $128, the fees have dramatically decreased. On April 21, the cost for…
Bitkraft Ventures raises $275M to support gaming studios and platforms amidst industry challenges.
Bitkraft Ventures, a prominent games investor headquartered in Denver, Colorado, with European founders, has successfully secured its third fund totaling $275 million. This comes as a significant milestone for the…
Bitcoin Maintains Stability Following Its Fourth Halving Event
On Friday, Bitcoin experienced its fourth halving, a significant event in the cryptocurrency’s lifecycle that adjusts the rate at which new coins are generated. Despite the potential for volatility, Bitcoin…
Sweden Claims $90 Million in Unpaid Taxes from Cryptocurrency Mining Firms
The Swedish Tax Agency, Skatteverket, has concluded an extensive investigation into the tax practices of cryptocurrency mining companies, resulting in claims of over $90 million in unpaid taxes. This follows…
Generative AI’s Potential in Healthcare Questioned
Generative AI, a rapidly advancing technology capable of generating and analyzing diverse data formats such as images, texts, and videos, is progressively making inroads into the healthcare sector. This technological…
Tether CEO Stresses Importance of Competition in Stablecoin Market for Regulatory Engagement
Tether CEO Paolo Ardoino, speaking at Paris Blockchain Week, highlighted the significance of Ripple’s decision to launch its own stablecoin, noting that this move could enhance the legitimacy of the…
Ore Project’s Creator Suggests Incentives for Testnet Participation to Mitigate Solana Congestion
Hardhat Chad, the pseudonymous creator behind the Ore project, has put forward a proposal to the Solana Foundation suggesting the implementation of rewards to enhance testnet activity amid recent network…
Telegram’s Durov Foresees Crypto-Inspired Devices to Counter Government Surveillance
Pavel Durov, the founder of the encrypted messaging app Telegram, envisions the emergence of secure communication devices inspired by cryptocurrency hardware wallets as a response to increasing government surveillance. In…
EDPB Calls for Meta to Offer Real Privacy Choices for EU Users
The European Data Protection Board (EDPB) has released new guidance that significantly impacts advertising technology companies like Meta, suggesting a shift in how consent mechanisms are handled within the EU.…
UK Set to Unveil Comprehensive Crypto Regulation Framework by July
The United Kingdom Treasury is poised to introduce a detailed regulatory framework for cryptocurrencies and stablecoins by July, aiming to boost local innovation within the digital assets and blockchain sectors.…
EU Demands Risk Assessment from ByteDance for TikTok Lite Within 24 Hours
TikTok’s parent company, ByteDance, is once again under scrutiny by the European Union (EU) over concerns related to its compliance with the Digital Services Act (DSA). The EU has given…
Normalizing Trends Emerge in Spot Bitcoin ETF Market After Initial Hype
The initial excitement surrounding the launch of spot Bitcoin ETFs appears to be waning as the market begins to stabilize. This shift in momentum has been marked by a recent…
SingleInterface, a SaaS startup, secures $30M to expand online business services.
In a landmark move, SingleInterface, the innovative SaaS startup known for bridging the gap between offline businesses and digital growth, has announced a successful $30 million fundraising round. This marks…
Tether and Circle Adopt Contrasting Strategies to Navigate Global Stablecoin Regulations
As the integration of traditional financial systems with the cryptocurrency economy deepens, significant stablecoin issuers like Tether and Circle are charting distinct paths through the evolving regulatory landscape. Each company’s…
Norway Implements Data Center Legislation, Increasing Oversight on Bitcoin Mining Operations
Norway has introduced new legislation aimed at regulating data centers, a move that could bring about heightened scrutiny for Bitcoin miners within the country. This new framework requires all data…