The new rigs will add 7.6 EH/s to the firm’s self-mining capacity, but won’t be installed until the first quarter of 2024.

Riot Platforms to add 33,000 Bitcoin miners ahead of 2024 halving

Riot Platforms — one of the world’s largest Bitcoin BTC $30,378 mining companies — has bought 33,280 “next-generation” Bitcoin miners for its Texas f...

1 year ago

Nostr-based app Damus is fighting back against its removal from the Apple App Store. It denies that any content is being sold via the app.

Nostr App Damus Fights Back Against Removal From Apple App Store

Nostr-based app Damus is fighting back against Apple’s decision to remove it from the iOS App Store. Apple claimed it was allegedly selling content, which Damus claims is “nonsense.&...

1 year ago

HSBC Becomes First Bank in Hong Kong to Allow Bitcoin ETFs

Hong Kong’s Biggest Bank Approves Bitcoin and Ethereum ETFs

According to Wu Blockchain, HSBC will allow its customers to trade Bitcoin and Ethereum ETFs listed on the Hong Kong exchange. The ETFs include CSOP Bitcoin Futures ETF,...

1 year ago

Privacy tokens spike higher amid tightening drives to clamp down on the sector.

$18.6B privacy sector up 9% leading crypto market over past 24hours

Since June 15, following BlackRock’s Bitcoin spot ETF filing, the total crypto market cap grew 18% to peak at $1.2 trillion on June 23. However, weekend price action failed ...

1 year ago

Japan’s National Tax Agency has partially revised its corporate tax guidelines, implementing new tax rules for token issuers.

Token issuers in Japan exempt from 30% crypto tax on paper gains

Token issuers in Japan no longer have to pay corporate taxes on unrealized cryptocurrency gains, according to a law revision by the National Tax Agency on June 20.  The ...

1 year ago

The United Nations body called on all member states to implement the Travel Rule “without delay” to close “loopholes” not currently protected by regulation.

Crypto Travel Rule implementation ‘remains relatively poor,’ says FATF

On June 23, the United Nations body — whose role is to promote strategies to combat money laundering and terrorist financing — explained that “many” member stat...

1 year ago

The proposed legislation could have serious implications for free speech in Australia, says Shadow Communications Minister David Coleman.

‘Keep Australia safe’: Dystopian draft bill against ‘misinformation’ unveiled

The new draft bill would see the country's media regulator — the Australian Communications and Media Authority (ACMA) — armed with the power to make it obligatory for d...

1 year ago

The amount of Bitcoin supply that remains dormant is increasing as investors remain reluctant to sell

Bitcoin Setting New Records in Unmoved Supply as ‘Hodling’ Continues

“This is even more impressive considering a year ago was when BTC initially dropped down to $20K following the Luna collapse,” he added. There are also more than ...

1 year ago

Tether Chooses Kava As Gateway for Cosmos USDt

Georgetown, Cayman Islands, June 23rd, 2023, Chainwire — Tether chooses Kava, a layer-1 blockchain designed for scalability and speed, as its gateway to the Cosm...

1 year ago

APE Coin (APE) price declined 4% on Thursday despite the recent growth in the global altcoin markets

APE Coin Price Decline Raises Questions About NFTs in the Market

Ape Coin (APE) is the native cryptocurrency of the Bored Ape Yacht Club (BAYC), the global top-ranked NFT trading ecosystem. While the altcoin markets suffered a massive drop...

1 year ago