Bitdeer stock drops 28% after earnings miss
Bitcoin miners are still reeling from the Bitcoin network’s April 2024 halving.
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Bitfarms accelerates 2.2 EH/s hosting agreement with Stronghold
According to Bitfarms, the mining hardware was originally scheduled to be deployed in Yguazu, Paraguay sometime in December 2024.
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Advancing Policy: Regulator and Industry Coordination Key to Swift Implementation
“Coming together is a beginning, staying together is progress, and working together is success” — the words of Henry Ford give expression to the spirit of collaboration that defines human progress. His ethos around unity extends to many societal strands, including endeavors of profit, community initiatives and far-reaching government policies. When navigating uncharted territory, such…
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US Congressman to review all Binance US files related to consumer safety
The CEO of Binance US was reached out by a Subcommittee chairman for producing various documents — in an attempt to help review the measure taken to protect investors. 404 Total views 17 Total shares Brian Shroder, the president and CEO of Binance US, received a federal letter requesting the urgent disclosure of official documents…
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$223M fund for Internet Computer builders — but community is wary
Zurich-based Dfinity Foundation has announced a fund worth CHF 200 million, or around $223 million, to support development on the Internet Computer — a blockchain-based decentralized network with wildly ambitious plans to one day “replace” much of the internet. The non-profit scientific research organization announced “The Developer Ecosystem Program” on May 26, and is now…
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Free-to-play Web3 games hold the key to mass adoption, YGG co-founder
Next year’s most successful Web3 games will pivot from play-to-earn (P2E) to instead focus on being completely free-to-play to dr in players, says Yield Guild Games CEO and co-founder Gabby Dizon. Speaking to Cointelegraph, Dizon said unlike games such as Axie Infinity — which require players to purchase at least three Axie nonfungible tokens (NFTs) to
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Chinese search engines block results for top crypto exchanges
Typing in the keywords for crypto exchanges Binance, OKEx and Huobi on Chinese search engines is currently pulling up no results. 2299 Total views 1 Total shares China’s stance toward decentralized cryptocurrency trading appears to be getting even tougher. Chinese journalist Colin Wu and crypto news site 8BTCNews have both claimed that as of Wednesday, search…
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Singapore Regulator Recognizes Potential of Blockchain for Cross-Border Payments
Sopnendu Mohanty, Chief Fintech Officer of the Monetary Authority of Singapore (MAS), said that blockchain has potential for cross-border payments but the agency “does not see much” in retail bank digital currencies. Mohanty delivered his comments at the Blockchain in Business event at the Massachusetts Institute of Technology on May 2.Mohanty revealed that back in…
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Binance Proof-of-Reserve pledge gains support following FTX crisis
The call for a more detailed disclosure of liquidity through the use of "Proof-of-Reserves" has been backed by many high-profile industry figures. Following the liquidity crisis and acquisition of cryptocurrency exchange FTX, Binance CEO Changpeng “CZ” Zhao said his exchange will soon start a Proof-of-Reserves audit system to allow verification of its digital asset holdings.In…