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Bitcoin
Echoes of 2013: Bitcoin Mining Concentration Reaches Decade-High Levels
In the past 72 hours, Antpool has dominated 26.48% of Bitcoin’s overall hashrate, closely followed by Foundry USA at 24.95%. Together, these two mining pools wield 51.43% of the prevailing 502 exahash per second (EH/s) total…
Bank Of China Completes First Cross-Border Digital Yuan Commodities Trade
The Bank of China Hong Kong, the second largest bank in the region, has completed its first cross-border digital yuan-based trade. The transaction, finalized with its sibling bank, the Bank of China, served to receive the payment for an…
Australian Bitcoin Miner Iris Energy Set to Acquire 8,380 New-Generation T21 Miners
Bitcoin mining company Iris Energy Limited said on Dec. 15 that it expects to take delivery of 8,380 new-generation T21 miners from Bitmain. Delivery of the mining machines is expected to help Iris Energy fulfill its goal of increasing its…
Government of Russia Eyes Commodity-Like Crypto Exports
The government of Russia might allow crypto miners to sell their cryptocurrency like other exports such as gas. Ivan Chebeskov, deputy minister of finance, specified that this option was part of a bill to legalize cryptocurrency mining…
IMF Chief Calls for Clear Crypto Regulation — Warns High Crypto Adoption Could Undermine Financial…
The head of the International Monetary Fund (IMF) has called for clear crypto regulations worldwide, cautioning that high crypto adoption could undermine macro-financial stability. “Our goal is to make a more efficient, interoperable,…
Finance Professor Blasts SEC’s Potential Cash-Only Rule for Spot Bitcoin ETFs Citing Benefits of…
A finance professor at Georgetown University has urged the U.S. Securities and Exchange Commission (SEC) to avoid micromanaging the creation/redemption process for spot bitcoin exchange-traded funds (ETFs). While the SEC proposed the cash…
SEC Chair Gensler Reveals Regulator Is ‘Taking a New Look’ at Spot Bitcoin ETF Filings
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has revealed that the regulator is taking a new look at spot bitcoin exchange-traded fund (ETF) applications based on recent court rulings. “We had in the past denied…
Crypto Crimes Highlighted in IRS Criminal Investigation’s 2023 Top 10 Criminal Cases
In the IRS’s list of top 10 criminal cases for 2023, cryptocurrency frauds are featured, ranging from multi-million dollar tax evasions to elaborate money laundering schemes.
Crypto Scams Among Most Significant Financial Crimes in IRS…
Bitcoin Miner Hive Diversifies Into AI, Acquires 96 Nvidia GPUs to Boost High-Performance Computing…
On Friday, Hive Digital, based in Vancouver and specializing in bitcoin mining and high-performance computing (HPC), announced its foray into artificial intelligence (AI) and HPC technologies. This strategic move involves acquiring 96…
Protocol Village: Cardano Codebase Moves to Member-Based Project Intersect’s Stewardship
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Dec 14-Dec. 20, with live updates throughout.