Bitcoin miner Hut 8 lands $150M investment amid AI boom

The hype around nonfungible tokens (NFTs) may be fading, yet a number of organizations continue to implement Web3 initiatives. Nonprofit organizations and activists, in particular, have begun implementing nonfungible token projects to help fundraise and generate awareness for certain causes. While these methods are still new, NFT projects for philanthropy have been met with relative success.…

Blockdata’s report suggests that the Bitcoin network could potentially match the dollar value transferred on Mastercard’s network as early as 2026, or as late as 2060. 293 Total views 27 Total shares The Bitcoin network already processes more volume by dollar value than Paypal and the largest decentralized cryptocurrency network in the world by market…

Sri Lanka’s central bank has selected a shortlist of three firms to develop a proof-of-concept for a shared Know Your Customer facility using blockchain. 213 Total views 1 Total shares Sri Lanka’s central bank has selected a shortlist of three firms to develop a proof-of-concept (PoC) for a shared Know Your Customer (KYC) facility using…

Singapore investment firm Temasek Holdings has reduced compensation for the execs responsible for the firm’s investment into the now-defunct crypto exchange FTX. Temasek was once the second-largest outside investor of FTX, with 7 million shares, according to Forbes. The firm however was forced to answer for its investment play after the exchange collapsed.According to a May…

According to an email sent to users, an unauthorized actor accessed and exported certain user data from the Solana Foundation’s Mailchimp instance. 275 Total views 1 Total shares Own this piece of history Collect this article as an NFTSolana Foundation, the non-profit organization of the Solana Network, disclosed on Jan. 14 a security incident involving…

The team behind tBTC, a decentralized Bitcoin-to-Ethereum bridge, pulled the plug on the system after a yet-undisclosed bug was discovered by software developers. 1971 Total views 52 Total shares The team behind the tBTC project, an effort to bring Bitcoin (BTC) over to Ethereum (ETH) through decentralized custodians, shut down the bridge just two days…

Bitcoin price action goes from $45,000 to $40,800 in 48 hours thanks to an increasingly volatile macro environment. 728 Total views 4 Total shares Bitcoin (BTC) bended to new macro pressures on March 4 after bulls failed to hold $42,000 for long.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewEurope stocks sink on Friday openData from Cointelegraph…

SBI Crypto Investment, a subsidiary of the Japanese financial giant SBI Holdings, has invested in crypto firm Breadwinner AG, Cointelegraph Japan reports on Jan. 15.SBI’s crypto investment fund did not disclose the amount contributed to Switzerland-based Breadwinner, the developer of mobile crypto wallet BRD.  According to the announcement, BRD operates in 170 countries and has…

The spokeswoman said that she won’t be commenting specifically on Silvergate, but the White House will be actively monitoring the situation. 768 Total views 11 Total shares Own this piece of history Collect this article as an NFTThe Biden Administration is “aware of the situation” at Silvergate and will continue to monitor reports on the…