Crypto Biz: Bitfarms gets new board after months of power struggles
Bitfarms and Riot Platforms settle months of corporate disputes with board review, while BlackRock moves for changes to Bitcoin ETF withdrawals.
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Russian Oligarch Turns Soviet Plant Into a Major Bitcoin Mining Hub
The largest data center in the former Soviet Union, BitRiver, opened about a year ago in the Siberian city of Bratsk and most of its clients use the facility to mine Bitcoin (BTC), Bloomberg reported on Nov. 24.The data center allows cryptocurrency miners to take advantage of cheap energy in what once used to be…

Binance founder CZ must stay in US until February sentencing, judge orders
Former Binance CEO Changpeng "CZ" Zhao has been ordered to remain in the U.S. while awaiting his sentencing in February. 306 Total views 5 Total shares Binance founder Changpeng “CZ” Zhao must stay in the United States until his February sentencing as he’s unlikely to return to the country if allowed to travel to the

Closing the gap: The effect of CME Bitcoin futures on Bitcoin price
The price of one actual Bitcoin on the open crypto market, known as spot BTC, fluctuates based on a countless number of factors, such as trading volume, usage and adoption. However, other catalysts affect the asset in a roundabout manner. Cash-settled Bitcoin futures trading products from the Chicago Mercantile Exchange stand as one arguable highly…

CBDC activity heats up, but few projects move beyond pilot stage
Government-issued electronic currency seems to be an idea whose time has come. “More than half of the world’s central banks are now developing digital currencies or running concrete experiments on them,” reported the Bank for International Settlements, or BIS, in early May — something that would have been unthinkable only a few years ago. The BIS…

Vitalik Buterin donates over $500K in animal-themed coins to charity
Vitalik Buterin urged the community to send the memecoin token funds they want to send him directly to charities.

South Korea: Bithumb Exchange Operator Reveals Plans for US, Japanese Markets
The CEO of Singapore-based Blockchain Exchange Alliance (BXA) — which has a controlling stake in major South Korean crypto exchange Bithumb — has revealed plans to expand to the American and Japanese markets. The news was reported by Cointelegraph Japan on April 18.BXA CEO BK Kim told Cointelegraph Japan in an interview that BXA’s strategy…

Alleged Bitcoin Mining Scam Reported in Thailand
Victims of an alleged cryptocurrency mining scam have filed claims against the suspected perpetrator with the Technology Crime Suppression Division in Thailand, the Bangkok Post reports on Feb. 18.Per the report, 30 people have filed a complaint with police, stating that they were fooled into an alleged investment scam called “CryptoMining.Farm.” This purportedly led the…

Franklin Templeton launches tokenized money fund on Base
Franklin Templeton says this is the first tokenized money fund to launch on Coinbase's layer-2 network.