Thai authorities raid illegal Bitcoin mine behind local power outages
Illegal Bitcoin mining has been a growing problem in Southeast Asia, with operators exploiting the region’s relatively low electricity costs
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CEVA Logistics: IBM-Maersk Blockchain Platform Is ‘Big Step Forward’
Swiss-registered logistics giant CEVA Logistics has announced its participation in IBM and Maersk’s new joint blockchain platform TradeLens in a press release August 10. The partners unveiled TradeLens, which is dedicated to enhancing shipping supply chains, earlier this week. CEVA said the platform constituted its “answer to the untapped potential of blockchain applications in the…

Bitcoin FOMO is gone, portfolio managers are taking BTC seriously — 3iQ CEO
In an interview with Cointelegraph during the Bitcoin 2023, Fred Pye spoke about how Canada's advanced regulation for crypto trading is drawing investors to the digital assets market. As the hype around Bitcoin (BTC) has faded, institutional investors and portfolio managers have begun looking at the major cryptocurrency as a "serious venue" to invest in,…

Bitcoin is technology but gold ‘is dead,’ Mark Cuban tells Peter Schiff
Bitcoin (BTC) and Ether (ETH) are empowering but gold is "dead," billionaire Mark Cuban has told one of cryptocurrency's biggest naysayers.In a Twitter debate on Mar. 2, Cuban, who has become increasingly sympathetic to crypto, warned Peter Schiff that gold "will die" as a store of value (SOV).Cuban to Schiff: "Gold is dead, move on"Schiff,…

Crypto Biz: Here’s what you need to know about CZ’s $96B net worth, Jan. 6–13
Changpeng Zhou is crypto’s biggest billionaire, Bitfarms purchased more than $43M worth of BTC and PayPal plans a stablecoin project. 915 Total views 13 Total shares Binance CEO Changpeng Zhao, also known as “CZ,” is now the world’s 11th richest person, according to Bloomberg. The crypto entrepreneur has amassed a $96 billion fortune on the…

Coinbase Emerges as a Major DeFi Contender With Price Oracle Launch
Coinbase gets into the DeFi space by launching a crypto price oracle. 657 Total views 15 Total shares Coinbase is trying to fix the broken DeFi industry with stable price oracles.In an April 23 announcement, Coinbase introduced the Coinbase Price Oracle — “a critically important service to the DeFi ecosystem” that will be available through…

Chinese Tech Capital Shenzhen Issues Warning Against Crypto Activities
The Chinese technology capital of Shenzhen issued a warning against illegal activities concerning cryptocurrencies.Local finance news outlet Eastmoney reported on Nov. 21 also that Shenzhen’s Leading Group for Remediation of Internet Finance Risks will investigate and collect evidence on illegal activities involving cryptocurrenciesThe crypto ban improved safety, says official bodyThe Leading Group warning states that,…

CTFC wins record $3.4B penalty payment in Bitcoin-related fraud case
The CFTC said it's the largest fraudulent Bitcoin scheme charged in any of its cases and the "highest civil monetary penalty ordered in a CFTC case." 596 Total views 5 Total shares Own this piece of history Collect this article as an NFTA record-breaking $3.4 billion penalty has been handed down by a Judge in…

Bitcoin price clings to $32K as on-chain metrics hint at further downside
Cryptocurrency investors awoke to another round of price declines on June 22 after the price of Bitcoin (BTC) dropped to a 6-month low at $28,805. The dip below the crucial $30,000 level might appear to be a prime buying opportunity but data shows that institutional investors are continuing their longest selling streak since February 2018.Data…