Halving full effect: Bitfarms crypto mining revenue falls 42% in May
The Bitcoin mining firm also blamed “unusually cold temperatures” at its Rio Cuarto facility in Argentina for the fall in Bitcoin production.
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Ohio Congressman Wants to Allow ICOs to ‘Sidestep’ Securities Laws
Ohio Congressman Warren Davidson plans to introduce a bill that would allow Initial Coin Offerings (ICOs) to “sidestep” U.S. securities laws, according to a report from Washington Examiner Nov. 13.Citing a spokesman for Davidson – Republican congressman for the 8th district of the state of Ohio – the publication reports that the prospective bill would…

China’s Blockchain Love Affair Continues With New Financial Pilot
A pilot program is underway in Hainan’s province that aims to strengthen cross-border payments via blockchain technology. Another Chinese province, Hainan, joins the blockchain ecosystem with the announcement of a cross-border financial services platform. News of the platform’s pilot was announced on May 8.According to the local newspaper, Hainan Daily, the central government approved the…

Pakistan’s president calls for more training in blockchain technology
Among the panel of experts that met with President Arif Alvi was Bitcoin Association founding president and Bitcoin SV advocate Jimmy Nguyen. 500 Total views 8 Total shares Arif Alvi, currently serving as the president of Pakistan, called for additional training in emerging technologies including blockchain, artificial intelligence, and cybersecurity while meeting with a delegation…

Europe’s first spot Bitcoin ETF eyes 2023 debut after year-long delay
Jacob Asset Management got approval from the Guernsey financial regulator in October 2021 and was set to debut on Euronext Amsterdam Exchange in July 2022. 331 Total views 2 Total shares Europe’s first spot Bitcoin (BTC) exchange-traded fund (ETF) is set to debut later this year after a long delay. The Bitcoin ETF by Jacobi Asset…

Trader: This Bitcoin Halving Scenario Is as Likely as Aliens Hacking Your Wallet
Seasoned crypto traders explain their approach to the Bitcoin halving...and more! 496 Total views 21 Total shares As May approaches and Bitcoin’s next halving draws near, hodlers, traders, and investors are all keen to know how this quadrennial event will affect the price of the world’s foremost cryptocurrency. To delve further into the halving, we talked…

Bitcoin Lightning Network is growing, but 3 major challenges remain
The Lightning Network is a layer-2 solution built on top of the Bitcoin blockchain, and its primary objective is to address the Bitcoin network’s scalability issues. It also allows for faster and cheaper transactions by facilitating off-chain payments through a network of payment channels. The Lightning Network has gained traction since its launch in 2018, hitting a…

BlackRock eyes BUIDL for derivatives collateral in crypto exchanges
BlackRock and Securitize are reportedly in talks to integrate BUIDL as collateral for derivatives trading on Binance, OKX, and Debirit.

Bitcoin Whales Sell Bitcoin on Quiet Exchanges for ‘Attention,’ Says Analyst
Exchanges’ fund flow ratio casts the spotlight on whale behavior after selling pressure sends BTC/USD below $9,000. 1756 Total views 37 Total shares Bitcoin (BTC) whales tend to dump large amounts of BTC on the market when exchanges are quiet in order to get attention.That was the conclusion from Ki Young Ju, CEO of on-chain…