Riot Platforms’ Bitcoin holdings cross 10K BTC, production drops

AI-based DApps have not only overtaken gaming but also set the stage for future innovations in the decentralized application space.

The operator of what is set to become the world’s largest Bitcoin (BTC) mining facility has reportedly signed a deal with Japanese financial services giant SBI and internet provider GMO.A Jan. 7 BNN Bloomberg report claims that the two Japanese mega-firms have agreed in principle to process cryptocurrency transactions at a new mining facility —…

The Stock Exchange of Thailand (SET) is planning to set up a regulated digital asset exchange, local news agency The Bangkok Post reported on Jan. 17.Citing the vice chair of SET’s board of governors, Pattera Dilokrungthirapop, — аlso chair of the Association of Securities Companies — the report revealed that the national stock exchange plans…

Polkadot’s vision for a sharded parachain ecosystem is moving toward becoming a reality. 2452 Total views 23 Total shares The Polkadot ecosystem continues to progress, with DeFi platform Acala Network becoming the first to win a parachain slot on the Rococo testnet.Acala, the self-described decentralized finance hub for Polkadot, announced it had secured the slot…

The old adage “The crypto market is not for the faint-hearted” was put on full display recently when the total market capitalization of the industry dipped to a relative low of $1.75 trillion on Sept. 20, only to make a strong comeback. Despite all of these fluctuations, however, demand from institutional investors remains strong, with…

Cryptocurrency exchange and custodian Gemini Trust Company, LLC (Gemini) has secured insurance coverage for custodied digital assets from lending services firm Aon, according to a press release published Oct. 3.Founded in 2014 in New York by Tyler and Cameron Winklevoss, Gemini is now the 50th largest digital currency exchange by 24 hour adjusted trade volume,…

Average daily transfer value for Tether exceeded that for Bitcoin in August. The average daily transfer value for Tether has surpassed that of Bitcoin and PayPal according to recent research.A report by CoinMetrics has revealed that Tether’s 7-day average adjusted transfer value reached over $3.55 billion as of August 20. This is around 20% more…

Chinese tech colossus Tencent has continued its foray into the metaverse after filing a patent for virtual concerts, flying in the face of warnings from Chinese banks and regulators. 290 Total views 3 Total shares Chinese tech conglomerate Tencent has filed for a virtual concerts patent with the Chinese National Intellectual Property Administration (CNIPA) according…

On July 13, 2023, United States District Court Judge Analisa Torres ruled that Ripple’s XRP (XRP) token should not be considered a security when sold on retail digital asset exchanges.Stuart Alderoty, chief legal officer at Ripple, told Cointelegraph that last week’s ruling makes it clear that the U.S. Securities and Exchange Commission’s (SEC) theory that…