Amid the rising global crypto fervor, China has made significant headlines by sentencing a former provincial official, Yi Xiao, to life imprisonment for corruption, which includes aiding cryptocurrency mining. This action has demonstrated China’s stringent stand on illegal financial activities
The Middle East has always acted as a friend of the crypto industry, and one more country is making headlines this time by investing $1.1 billion in Bitcoin mining. H.E. Sheikh Mansour Bin Taleb Bin Ali Al Hinai, Chairman of
Bitcoin (BTC) briefly rose above $35,000 for the first time since May 2022, driven by speculation that U.S. regulators will soon approve a Bitcoin exchange-traded fund (ETF). The price of BTC reached $35,086 on Tuesday, up over 17% in 48
Since the end of Ethereum mining in September 2022, former crypto mining firm HIVE Digital Technologies has been transforming its considerable GPU resources into a cloud infrastructure powerhouse. As per a recent X post, the move reflects the shift from
In a new revelation that contradicts circulating rumors, Tesla has reportedly edited out Bitcoin (BTC) references from the source code of its payment page while leaving intact references to Dogecoin. Chinese reporter Colin Wu, acclaimed for his insight into the
The average cost of sending a transaction over the Bitcoin (BTC) blockchain soared 960% to $31.14 since the start of this month, according to BitInfoCharts data, driven up by bitcoin NFTs made with the Ordinals protocol. Created by software developer
The number of daily bitcoin transactions hit a fresh high over the weekend, just days after Grayscale published a report praising the effect of Ordinals on the crypto network. On Saturday, the average number of daily transactions over the previous
Bitcoin (BTC) represents the return of money to the private sector, and is a “natural reaction” to the “central bank scam”, Argentina presidential candidate Javier Gerardo Milei has said, signalling support for the top cryptocurrency. “The first thing we have
Riot Platforms Inc., a Bitcoin mining company in Texas, has found a surprising source of revenue in the state’s recurring energy crises. During the August heatwave, Riot made $31.7 million from power credits, courtesy of the Electric Reliability Council of
Democratic Presidential candidate Robert F. Kennedy Jr. has given cryptocurrencies his support, calling them “a major innovation engine.” The 69-year-old member of the Kennedy dynasty took to Twitter to outline his views on digital assets as his campaign for the
OpenAI’s Sam Altman seeks US approval for a major AI chip manufacturing venture, facing potential national security and antitrust hurdles. OpenAI CEO Sam Altman seeks to obtain a government license for his new AI chip business, which may give rise
Dubai, UAE – Genesis XBT, EMEA’s premier Bitcoin/crypto event, will take place from 15-16 November 2023 at Arjaan by Rotana Dubai Media City, which offers a spectacular Skylight Ballroom. This prestigious event gathers blockchain entrepreneurs, crypto enthusiasts, and industry leaders
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