Zuckerberg becomes fourth-wealthiest person following shift to Meta
Tech giant Meta’s current market capitalization is more than $1.4 trillion — making it one of the most valuable companies in the world.
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Australian Mayor downplays crypto volatility, recommends it for rates payments
"The volatility is not that bad” - Australia’s Gold Coast Mayor suggests crypto could be used to pay local taxes in the future. Tom Tate, the Mayor of Gold Coast, Australia, has suggested that cryptocurrency could be used by residents to pay local taxes in future years, though critics have flagged volatility and the recent…
BTC price drops to fill Bitcoin futures gap as focus turns to $46.5K bull target
Bitcoin (BTC) traded at crucial support near $33,000 on July 5 after a weekend of gains disappeared in hours. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin futures mark fresh price targetsData from Cointelegraph Markets Pro and TradingView showed BTC/USD reversing bullish performance at $35,900 to drop just over 5% on the day.The U-turn leaves Bitcoin firmly…
World's first fully anonymous DAO created to 'defend freedom'
Everything about this DAO is designed to be completely anonymous and invisible on the blockchain, said Bitcoin OG Amir Taaki.
SEC has taken ‘too expansive’ a view of crypto, says former commissioner
Former SEC commissioner Troy Paredes was not the first to criticize the U.S. financial regulator’s lack of clarity on digital assets.
Binance to launch $1B fund to develop BSC ecosystem
The announcement stated that the program is the largest ever announced in the crypto space. 607 Total views 15 Total shares The Binance cryptocurrency exchange has announced a $1 billion accelerator fund to expand the capabilities of the Binance Smart Chain ecosystem and advance mainstream adoption across the financial technology sector.The exchange showcased the eight-figure…
Core Scientific to increase ASIC server capacity by 75 MW
The Nasdaq-listed Bitcoin miner expects to generate $50 million in annual revenue once the ASIC servers are fully operational. 39 Total views 1 Total shares United States Bitcoin (BTC) miner Core Scientific has signed a new colocation agreement to increase its data center hosting capacity by 75 megawatts (MW), a move intended to showcase the…
Nexo joins sanctions association as regulatory scrutiny increases
Nexo looks to keep pace with regulatory requirements by implementing new certification requirements for its compliance team. 50 Total views 2 Total shares As regulatory scrutiny continues to circle the wider Web3 ecosystem, cryptocurrency lending platform Nexo will look to leverage training resources, connections and data by joining the association of certified sanctions specialists (ACSS).The…
Bitcoin ATMs Face Tighter Regulations Over Money Laundering
The global regulatory landscape is tightening for crypto ATM operators. 2521 Total views 41 Total shares Experts predict that Bitcoin ATMs (BATMs) will face stricter regulations worldwide, with countries including Canada and Germany already moving to tighten up anti-money laundering requirements.A June 2 report from CipherTrace estimates that 74% of transactions made from U.S.-based Bitcoin…