Digital Currency Group spins out new crypto mining subsidiary
Despite spinning off Fortitude Mining, Foundry retains the largest Bitcoin mining pool with over 30% of the network’s hashrate.
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Solana targets growth in Southeast Asia with a $5M grants scheme
The $5 million fund only allows projects with a physical presence in Southeast Asia to apply for the program which provides up to $100,000 plus technical and community support. 1770 Total views 15 Total shares Solana has turned its focus towards decentralized finance in Southeast Asia with a new $5 million development fund.The Solana Foundation…

DOJ’s Tornado Cash arguments show ‘obvious disdain for privacy’ — Lawyer
DeFi Education Fund’s legal chief said the prosecutors’ arguments against Roman Storm’s motion to dismiss were “filled with technical inaccuracies.”

The Dept. of Commerce has 17 questions to help develop a crypto framework
The DoC’s series of 17 questions is set to be published on May 19 and asks for comments from the public that will inform the department’s creation of a regulatory framework for crypto businesses. 108 Total views 2 Total shares The US Department of Commerce is calling for submissions on how it can establish a…

Honduras attracts crypto investor tourists with Bitcoin Valley
Several businesses in the tourist town of Santa Lucia are now accepting Bitcoin payments in the hopes it can spur tourism spending. 99 Total views 1 Total shares A small tourist town in Honduras has begun accepting Bitcoin payments as part of the “Bitcoin Valley” initiative designed to increase tourism revenue across 60 local businesses.Some…

NFTs still in ‘great demand’ as unique traders rise 18% in Oct: DappRadar
A DappRadar report found that despite a fall in NFT trading volumes and sales counts throughout October, monthly unique traders increased. 71 Total views 2 Total shares October may have seen a decline in nonfungible token (NFT) trading volume and sales, but analytics firm DappRadar says an 18% growth in monthly unique NFT traders shows…

Traders remain bullish even as DeFi’s TVL falls to $54.4 billion
The total value locked in decentralized finance platforms dropped 16% to $54.4 billion this week, but the quick rebound in DeFi token prices shows traders are not dismayed. 2131 Total views 12 Total shares Decentralized finance and the numerous platforms offering investment services have been the talk of the cryptocurrency sector for several months, and…

Major Swiss Stock Exchange SIX to Launch New Blockchain-Powered Digital Exchange
Switzerland's principal stock exchange SIX Swiss Exchange will test blockchain integration for its forthcoming parallel digital trading platform SDX in the second half of this year. The news was reported by Cointelegraph Deutschland Feb. 4.SIX Swiss Exchange sees roughly CHF5.19 billion (~$5.18 billion) in daily turnover, and has a market capitalization of over 1.67 trillion…

Safe Wallet scammer steals $2M through 'address poisoning' in one week
A malicious actor behind at least $5 million in crypto theft through “address poisoning" significantly ramped up attacks against Safe Wallet users in the last week. 263 Total views 3 Total shares A crypto hacker specializing in “address poisoning attacks" has managed to steal over $2 million from Safe Wallet users alone in the past