Elon Musk says X and SpaceX headquarters will move to Texas
The billionaire industrialist has an estimated net worth of $221 billion and owns Tesla, SpaceX, xAI, and the X social media platform.
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Tether slams Deutsche Bank over suggestion its stablecoin could fail
Analysts at Deutsche Bank also argued Tether’s solvency status is “questionable” which the stablecoin firm said is “ironic” considering the bank’s own history with fines.
El Salvador’s Bitcoin miner Volcano Energy launches with $250M investment
Volcano Energy, the renewable energy developer, said the funds would go toward an estimated 241 MW power generation park. 92 Total views 13 Total shares The public-private partnership in El Salvador to pump $1 billion into creating a Bitcoin (BTC) mining farm has received its first $250 million. This first release of funds kickstarts 241…
tZero becomes 2nd FINRA-approved broker-dealer for digital securities
The company is following the steps of Prometheum, which now treats four cryptocurrencies as securities.
South Korea Looks to Track Crypto Transactions in Light of Recent Scandal
A South Korean government agency aims to trace crypto transactions conducted on the dark web by developing an AI-based software. 2320 Total views 64 Total shares The Korea Internet and Security Agency, or KISA, plans to develop an artificial intelligence-based software to trace cryptocurrency transactions on the dark web in response to the Telegram Nth…
Bitcoin miner Blockcap closes $75M investment led by Off The Chain, Foundry Digital
The Texas-based miner raised more than $38 million in two separate funding rounds. 2773 Total views 17 Total shares Blockcap, one of North America’s fastest-growing Bitcoin (BTC) mining companies, has secured sizable investments from some of crypto’s biggest names, setting the stage for significant expansion in the year ahead.Off The Chain Capital and Foundry Digital,…
‘Extended reality’ to create 860K jobs by 2025: EU Commission
The European Commission has tipped “extended reality” — technology that enables people to interact with virtual worlds — to create as many as 860,000 jobs in Europe by 2025. Extended reality or XR is an umbrella term for immersive technologies including virtual reality, augmented reality and mixed reality, and is a “major technology enabler” for virtual…
FTX influencers face $1 Billion class-action lawsuit over alleged crypto fraud promotion
The suit is led by Edwin Garrison and was filed against "FTX influencers," primarily on the YouTube platform. Own this piece of history Collect this article as an NFTA class-action suit led by Edwin Garrison has been filed against “FTX influencers,” mostly on YouTuber, seeking $1 billion because they “promoted FTX crypto fraud without disclosing…
Ripple counsel: SEC’s shakedowns leave consumers holding the bag
The response comes as Ripple Labs and other critics believe the SEC has overstepped its mark on the enforcement of the crypto space. 441 Total views 12 Total shares Ripple Labs General Counsel Stu Alderoty has hit back at a recent opinion piece by Security and Exchange Commission chairman Gary Gensler, arguing that the regulator's…