US mining companies feel supply squeeze from Bitmain shipment delays

A plea deal filed in November 2023 asked prosecutors to consider that Changpeng Zhao was prohibited from “any present or future involvement in operating or managing” Binance.

Active addresses and transaction counts on the Bitcoin SV network saw unbelievable growth in the two days leading up to the CoinGeek Live conference in New York this week. Active BSV addresses grew from 110,000 on September 28, to 947,400 addresses today.That's an astonishing growth rate of 761%, in just two days leading up to…

In yet another expansion initiative, Binance adds support for deposits and withdrawals in South African rand. Binance, one of the world’s largest cryptocurrency exchanges, now supports direct transactions in South African rand. Users will now be able to deposit rand into their trading accounts in less than 30 minutes if their bank accounts support “Faster…

Six major central banks will meet in April to discuss the development of central bank digital currencies (CBDC).The Japan Times reported on Feb. 6 that — according to a source familiar with the matter — the meeting will see the governors of several central banks discuss joint research on CBDCs. Furthermore, the group will share…

Leaders in Beijing have stressed the need for “dedicated efforts” to protect national security and improve the security governance of artificial intelligence. 203 Total views 1 Total shares Officials in China have warned about the risks posed by the rapid advancement of artificial intelligence (AI) development and subsequently called for tighter measures on national security. The…

SVB collapse chilled NFT trading volumes: DappRadarThe recent collapse of the Silicon Valley Bank (SVB) resulted in dwindling numbers for NFT trading volumes, with traders holding on to their assets amid the banking crisis in the United States.Before the crisis, NFT trading volumes were around $68 million to $74 million. After SVB collapsed on March…

The acquisition, totaling roughly $1.5 billion, will be used to further backstop Terra Luna’s algorithmic stablecoin UST. 714 Total views 17 Total shares Luna Foundation Guard (LFG), a Singapore-based nonprofit tied to the Terra Luna ecosystem, has raised another $1.5 billion to further expand its already hefty Bitcoin (BTC) reserves.The raise allowed LFG to acquire…

Yields from Terra's flagship savings protocol will be available to more than 30 million users on Binance. 612 Total views 4 Total shares On Wednesday, centralized cryptocurrency exchange Binance launched its new TerraUSD (UST) staking program. Although Binance did not name the underlying decentralized finance protocol responsible for the staking rewards, Do Kwon — Terra Luna's…

Banks in smaller countries like Latvia, Estonia and Greece could be impacted harder by the digital euro, analysts said. 930 Total views 1 Total shares Analysts at the American multinational investment bank Morgan Stanley have estimated the likely changes in eurozone banks’ deposits should a digital euro be widely adopted.According to the analysts, a European…