Elon Musk voices support for sweeping AI safety regulations

The bear market is affecting all segments of the crypto industry, including Bitcoin miners, which have seen their revenues decline sharply this year. 492 Total views 3 Total shares On Tuesday, Bitcoin (BTC) mining company Mawson Infrastructure Group said that it was suspending major capital expenditures until market conditions normalize. In addition, the firm is…

One of the biggest names in crypto has joined in an ongoing argument about who will lead the class-action suit against Bitfinex and its affiliates over alleged market manipulation leading to Bitcoin’s 2017 bull run. Antonopoulos’s affidavitAmid a flurry of filings seeking to lead the class, Andreas Antonopoulos has come out in support of the legal…

President Nayib Bukele confirmed that the purchase of 410 BTC was made against $15 million, placing the trading price at approximately $36,585 per BTC. 3984 Total views 28 Total shares The Central American country of El Salvador has added 410 Bitcoin (BTC) to its central reserve as BTC prices trade below $37,000, a price last…

Recent investments into cryptocurrency mining equipment by smaller players could be a positive signal for the longevity and value of Bitcoin (BTC). In late June, United States-based blockchain firm Core Scientific ordered over 17,000 of the latest Bitcoin mining ASIC machines from Chinese hardware producer Bitmain. The news made waves in the industry as the…

Blockstream will look to raise more capital to buy Bitcoin (BTC) mining hardware through a second series of its Blockstream ASIC (BASIC) Note offering, which aims to accumulate and sell ASICs based on the predicted demand for miners over the next two years.Speaking exclusively to Cointelegraph, Blockstream CEO Adam Back highlighted a surplus of Bitcoin

Major Bitcoin miners have begun signaling for Taproot activation that will improve scalability and privacy for the largest cryptocurrency by market capitalization. 3238 Total views 13 Total shares The road to the Taproot upgrade finally coming in 2021 is already underway, with major Bitcoin (BTC) mining pools already signaling support.According to data from Taproot.watch, a…

India’s crypto exchanges are demanding that the country’s central bank provide clear guidelines regarding taxation. 1068 Total views 31 Total shares Following the Supreme Court’s reversal of the Reserve Bank of India’s ban on financial institutions providing banking services to crypto firms, the country’s digital asset exchanges are seeking clarity on their taxation obligations.On May…

Josefina Canale, Argentina's lawmaker, has declared through her personal Twitter account that she is in favor of creating an exclusive cryptocurrency for the city of Mendoza, which would be backed and monitored by the local government.The lawmaker adds that she has been studying the subject to propose it in legislative discussions, also suggesting that a…

Other Bitcoin miners such as Core Scientific, Argo Blockchain and Riot Blockchain have reduced their BTC holdings during the bear market. 66 Total views 1 Total shares Canadian Bitcoin (BTC) miner Hut 8 Mining Corp. added to its massive BTC reserves in July, as the firm maintained its long-term “HODL strategy” in the face of…