Northern Data wants to sell Peak Mining to invest in AI expansion
The Tether-backed company is talking to interested parties, it said. It may also see an IPO on the Nasdaq next year.
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Bithumb to Get Wall Street-Level Fintech Expertise via New Partnership
As not a day goes by without another cryptocurrency partnership, one of the biggest crypto exchanges in South Korea has begun new cooperation.Major South Korean cryptocurrency exchange Bithumb has partnered with Singaporean crypto trading platform BitMax to jointly develop new services and products.BitMax’s staff includes former experts from Morgan Stanley, Deutsche Bank and GeminiAccording to…

Malware Shellbot is Now Capable of Shutting Down Other Miners
The Shellbot cryptojacking malware has gone through an update and come out with some new capabilities, technology news website TechCrunch reported on May 1.Per the report, these findings come from Boston-based cybersecurity firm Threat Stack. The company claims that Shellbot, which was first discovered in 2005, has received a major update.The original Shellbot was capable…

US Startup Raises $14.1 Mln for Blockchain-Based Payments Network for Retailers
New York-based blockchain startup Flexa has raised $14.1 million to develop a payments network for retailers. The development was announced in a press release published on April 11.Per the release, Flexa has raised $14.1 million in funding from such participants as early stage token fund 1kx, investment firms Access Ventures and Nima Capital, and hedge…

Court denies Kraken’s motion to dismiss SEC lawsuit
The SEC alleges Kraken is operating an unregistered securities exchange.

Rumble to spend up to $20M on Bitcoin in new treasury strategy
Rumble has become the latest company to confirm plans to add Bitcoin to its balance sheet after its CEO teased the idea on social media on Nov. 20.

Bitfinex and Tether Reject ‘Baseless’ Lawsuit Filed Against Them
Bitfinex and Tether have addressed the updated lawsuit which accuses them of market manipulation.

Bitcoin tackles $40,000 as Biden unveils new $6 trillion federal spending budget
The money printer is going brrr in the United States. 2906 Total views 5 Total shares Bitcoin (BTC) may get a boost to finally clear $40,000 at the expense of the U.S. dollar as United States President Joe Biden's new $6 trillion federal spending budget proposal is unveiled.On May 28, the United States president will…

North Korea Needs Its Own National Crypto, CBDC Fever Spreads in Asia
It seems that a movement to create a national cryptocurrency is gaining momentum in Asia. Following China, the North Korean authorities announced their readiness to issue digital money and even indicated the availability of all required resources — both technical and human — to implement this task. Will the government of the most isolated country in…