Bitget secures regulatory license in Poland, reserve funds up $80M in Q1
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Grayscale is Now Buying 1.5 Times the Amount of Bitcoin Being Mined
Independent researcher Kevin Rooke estimates that Grayscale has ramped up its Bitcoin accumulation to a rate equivalent to 150% of the new BTC created since the halving. 891 Total views 36 Total shares Crypto fund manager Grayscale Investments is accumulating Bitcoin at a rate equivalent to 150% of the new coins created by miners since…
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Grayscale resolves lawsuit with Fir Tree over proposed changes to Bitcoin Trust
Fir Tree hinted at potential additional litigation against Grayscale and parent company Digital Currency Group based on what its GBTC documentation may reveal. Grayscale Investments has reached an agreement with New York-based investment firm Fir Tree Capital Management over its Bitcoin Trust.According to a July 11 announcement from Fir Tree, Grayscale agreed to provide additional…
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China to tighten control on exports of AI chip-making materials
The Chinese government has announced that it plans to control the export of gallium and germanium products that are heavily used to produce semiconductors. The Chinese government has announced plans for export controls on metals predominantly used to manufacture semiconductors used in the development of artificial intelligence (AI) systems.On July 3, the Chinese Ministry of…
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LEGO removes crypto scam from homepage after being hacked: Report
The "LEGO Coin" token appeared on the toy manufacturer's homepage for roughly 75 minutes before being taken down, onlookers said.
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‘I never opened the code for FTX’: SBF has long, candid talk with vlogger
Former FTX head Sam Bankman-Fried (SBF) selected cryptocurrency vlogger Tiffany Fong for a series of lengthy and candid telephone interviews. In the two interviews that had been released on YouTube at press time, SBF speaks about many of the major questions connected with the collapse of FTX.The first interview was conducted Nov. 6 and released…
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Roblox will allow devs to skip Robux and charge players in fiat money
The company has also partnered with Shopify to enable physical merchandise sales from directly within Roblox experiences.
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Amid inflation woes, Turkey announces CBDC tests planned for 2021
While the announcement came as a surprise to some, a digital Lira has been in the works since 2019 1567 Total views 12 Total shares As the country struggles with soaring consumer prices and an inflation rate in the double digits, in an announcement to members of Turkey’s Parliament central bank governor Naci Agbal revealed…
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UAE regulators pave way for crypto and blockchain adoption, says legal expert
While many countries are inclined to simply ban the use of Bitcoin (BTC) and virtual assets, regulators in the United Arab Emirates are taking a different approach. The country has been consistently enacting its vision of becoming a blockchain capital by providing frameworks to guide crypto businesses on how to operate in accordance with the laws.Jurisdictions…