Hut 8 Relocating 6400 Rigs, Projects AI Demand and High-performance Computing
Bitcoin miner Hut8 announced the continued relocation of idle rigs within its North Bay site. The mining firm admitted that the segment is experiencing increased...
Court Orders Kraken to Comply with IRS Demands and Disclose User Data
Court directs Kraken to offer details of persons involved in transactions surpassing the $20000 cap in the calendar year. Kraken, a crypto exchange, has been...
Gemini’s Winklevoss Criticizes SEC for Plunging US into ‘Toxic’ Crypto Products
Cameron Winklevoss decries the failure of the Securities and Exchange Commission to accept a spot Bitcoin ETF as a total disaster for investors in the...
FED Governor Declares Digital Assets Uncertainty Plunges Institutions into Supervisory Void Trap
Michelle Bowman, Fed Governor, claims the absence of clarity concerning digital assets might considerably impact banks navigating significant interest rates. She is a Board of...
EU Artificial Intelligence Rules Inspired 160 Tech Executives to Pen Letter Citing Extreme Strictness
The European Union (EU) is working on its upcoming artificial intelligence bill. At the same time, officials from 160 organizations in this industry wrote a...
Bitcoin Cash Bullish Steam Rally to $300 Aided by Surging South Korean Volumes
The ongoing speculation of Bitcoin ETF approval amidst the tide of new applications led the remarkable price action of Bitcoin Cash to slide the crypto...
Swan and Coinbits Lead Crypto Firms Severe Prime Trust Ties
Prime Trust troubles mount as more crypto firms terminate ties, citing the need to safeguard customers' assets. The custodian has seen more firms disclose rescinding...
KuCoin Crypto Exchange Introducing Compulsory KYC in July
KuCoin's statement on Wednesday, June 28, indicated it would strictly subject all new users to the identity verification process. The exchange indicated that the new...
Blockchain Australia CEO Dismisses US Regulation by Enforcement
The chief executive of Blockchain Australia, Simon Callaghan, petitioned the Federal Government to expedite the crypto regulatory process. As the new head of the top-ranked...
Wirex Risks Plunging into Card Outage in EEA as UAB PayrNet Loses License
The organization claimed there is a possibility of Wirex cards ceasing to work in the European Economic Area. However, it assured the safety of the...