Bulgarian Woman Charged in $4B Crypto Fraud Case, Extradited to U.S.

Iris Energy (IREN) said it is reviving its strategy around hosting high-performance computing alongside bitcoin miners in a Tuesday press release, as interest in artificial intelligence (AI) continues to boom.Several miners, including Applied Digital Corporation (APLD), Crusoe Energy and Hut 8 Mining (HUT), have recently branched out into other types of compute. Demand for data…

Hong Kong’s plan to restrict cryptocurrency investment to professionals means retail investors could move to unlicensed venues, said Global Digital Finance.Feb 15, 2021 at 10:41 a.m. UTCIndustry Group Says Hong Kong’s Proposed Crypto Rules Could Drive Traders UndergroundA cryptocurrency advocacy group has warned that Hong Kong’s proposed rules on digital asset investment could drive traders…

Bitcoin has spurred a renaissance of thought on the question of “what is money?” Bitcoin is often linked to the Austrian school of economics without much thought as to why, but pondering this question allows for the most thoughtful justification: money is an emergent order and understanding its operation depends on appreciating irreducible uncertainty, subjective

Lawmakers in South Korea passed legislation on Thursday that will require officials to report their crypto holdings, local outlet News1 reported.The "Kim Nam-kuk Prevention Act" passed the plenary session of the National Assembly on Thursday via amendments to the National Assembly Act and the Public Service Ethics Act, both of which were approved without a…

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Unlike bank deposits, a digital euro issued by the EU's central bank is a safe asset, former Bank of Spain Governor Miguel Fernández Ordóñez told a European Parliament committee.Such a currency could help end economic crises, and even help deregulate banks, he said.EU plans for a digital euro released earlier this year have faced backlash

Fearing ‘Currency Struggle,’ Japanese Politicians Want G7 Response to China’s Digital YuanJapanese politicians are calling on G7 members to respond to China's digital yuan by collaborating on digital currency research. Senior politicians from the ruling Liberal Democratic Party (LDP), led by former economy minister Akira Amari, told reporters Friday that Japan should share information and…

Mar 26, 2020 at 13:22 UTCUpdated Mar 26, 2020 at 13:37 UTCCho Ju-bin revealed to reporters in Seoul. Credit: Joint coverage CoinDesk Korea/HankyorehCryptocurrency accepted by the alleged ringleader of a Telegram chat group in exchange for abusive sexual material may never be retrieved. Cho Ju-bin, 25, is said to have charged users anywhere between 200,000…

Jun 1, 2020 at 15:00 UTCUpdated Jun 1, 2020 at 15:07 UTCAlibaba founder Jack Ma. Credit: Frederic Legrand - COMEO / Shutterstock.comAlibaba says its “unified domain name scheme” would simplify and improve communication between blockchains. In a patent granted by the U.S. Patent Office last Tuesday, the e-commerce giant said its domain name system could…