Bet more on the Bitcoin miners cashing in on AI
Supplying AI apps with computing power is a multibillion-dollar opportunity for Bitcoin miners.
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Australia proposes stricter crypto rules to curb financial crime
Australia proposes tighter AML/CTF rules targeting crypto exchanges, legal services and real estate to combat financial crime.

Nigeria restricts fintech onboarding to stop KYC-evading crypto investors
Nigerian fintech firms OPay, Kuda Bank, Moniepoint and PalmPay were directed to pause the creation of new accounts amid an ongoing audit of their KYC processes.

Bitmain Antminer deliveries held at US ports by customs agency
US miners are waiting for their miners but a branch of Homeland Security won’t let them take them.

Bitcoin Miner Buys 5,000 ASICs as Network Hash Rate Climbs to New All-Time High
German Bitcoin (BTC) mining company Northern Bitcoin has signed a deal to buy almost 5,000 mining rigs from Bitmain and Canaan Creative, the company confirmed in a press release on July 1.Northern, which is headquartered in Frankfurt but operates a site in Norway, aims to double its capacity, currently operating with 55 petahashes per second. The…

TrueFi launches on Optimism, expanding access to on-chain credit
Several projects have launched on Optimism this year with the goal of giving users instant transactions and lower gas fees. 468 Total views 5 Total shares Unsecured lending protocol TrueFi has become the latest project to launch on Optimism, Ethereum’s popular layer-2 scaling solution, in a move that’s expected to boost demand from non-institutional lenders. By…

SingularityNET and Mind Network bring encryption to AI agents
Fully homomorphic encryption may become a core component of privacy-centric, decentralized AI systems, according to Ben Goertzel, CEO of SingularityNET and ASI.

El Salvador’s Bitcoin detractors: Opposition mounts despite crypto rollout
The year 2021 will probably go down the history books as one of Bitcoin’s (BTC) most interesting years, given its recent uptake by billionaires and adoption by mainstream institutions, not to mention El Salvador’s move to make it legal tender. In El Salvador’s case, it almost seems as if the whole world is watching this experiment…

A bullish Bitcoin trend reversal is a far-fetched idea, but this metric is screaming ‘buy’
Bitcoin (BTC) price remains pinned below $22,000 as the lingering impact of the Aug. 19 sell-off at $25,200 continues to be felt across the market. According to analysts from on-chain monitoring resource Glassnode, BTC’s tap at the $25,000 level was followed by “distribution” as profit-takers and short-term holders sold as price encountered a trendline resistance following…