Wollito UAB

Bitfarms is actively working to triple its current hash rate capacity to 21 exahashes per second with a $240 million investment.

Bitcoin halving sees Bitfarms’ BTC mining earnings plummet

The impact of the fourth Bitcoin halving has led Bitfarms to report its lowest monthly earnings in over two years. The mining firm earned 269 Bitcoin in mining rewards and tr...

4 months ago

U.S. Senator Cynthia Lummis argued that the Department of Justice’s position on crypto self-custody conflicts with existing Treasury guidance and breaches the rule of law.

Senator Lummis challenges DOJ’s stance on private crypto wallets

Lummis (R-WY) says she opposes the Biden Administration’s criminalization efforts related to the Bitcoin (BTC) network and decentralized finance (defi). The Department of Justice...

4 months ago

The U.S. Department of the Treasury’s OFAC has sanctioned a Russian one-way attack UAV developer, which solicited donations in crypto on Telegram.

US sanctions crypto addresses tied to Russian drone developer

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on May 1 sanctioned nearly 300 individuals and entities in a bid “to limit the Kremlin’s revenue a...

4 months ago

Fidelity Records Largest Daily Outflow

BlackRock’s IBIT Experiences $37M Outflows for First Time, Other Funds See Combined $526.8M Withdrawals

The spot Bitcoin exchange-traded funds (ETFs) in the United States have witnessed record net outflows, with BlackRock’s iShares Bitcoin Trust (IBIT) experiencing&n...

4 months ago

UK Crypto Firms Face Uphill Battle as FCA Registration Process Weeds Out Many

UK FCA Dedicated 30% of Financial Crime Personnel to Monitor Crypto Companies in 2023

The UK’s financial watchdog dedicated nearly a third (30%) of its financial crime specialists to overseeing crypto asset businesses in 2023, according to a report released&n...

4 months ago

YouTuber and Ultimate star MKBHD tested the device using a game controller, his legs and “the force.”

This 360 treadmill could make Disney’s metaverse a physical playground

The Imagineers at Disney have come up with what may be the killer app for metaverse hardware, a 360-degree treadmill controllable via remote control, physical movement, or gesture. ...

4 months ago

Avalanche C-Chain users can now buy AVAX directly within Web3 apps by using a widget supplied by Stripe.

Avalanche integrates with Stripe for fiat-to-crypto onboarding

The Avalanche C-Chain network has integrated with payment firm Stripe, allowing verified Stripe users to buy Avalanche’s AVAX and send it to their wallets, according to an ...

4 months ago

MicroStrategy has yet to adopt the new accounting standard that would have taken the billions of dollars in paper gains from Bitcoin’s 65% price rally into account.

MicroStrategy Q1 net loss hits $53.1M, but Bitcoin buying spree continues

MicroStrategy, the largest corporate holder of Bitcoin, reported a net loss of $53.1 million in the first quarter of 2024, but the firm continued to stack more Bitcoin in April. T...

4 months ago

A new strategic partnership between OpenAI and Financial Times aims to integrate FT journalism into its AI models for more accurate and reliable information and sources.

OpenAI announces new publishing deal as race to license content hots up

The United Kingdom-based daily newspaper the Financial Times (FT) and OpenAI, a leading artificial intelligence (AI) research company, announced a new “strategic partnership.”

4 months ago

The exchange is optimizing operations after acquiring ErisX on the eve of crypto winter and expects to save millions.

Cboe reorganization will merge or eliminate digital arm’s activities

Equity exchange network Cboe Global Markets has announced plans to reorganize its digital assets trading operations, including eliminating its digital spot market. Cboe said it will re...

4 months ago