Pantera Capital wins another bid for discounted Solana tokens in FTX bankruptcy auction

California-based venture capital firm Pantera Capital has reportedly won another bid for discounted SOL tokens from a collapsed exchange.

Pantera Capital wins another bid for discounted Solana tokens in FTX bankruptcy auction

Pantera Capital, a Menlo Park-headquartered crypto venture capital firm, has won another pack of discounted Solana’s SOL tokens in an auction organized by the administrators mana...

4 months ago

Jack Dorsey’s Block announces development of ‘full Bitcoin mining system’

The Block — then Square — CEO initially suggested the idea of a collaborative approach to decentralize Bitcoin mining in October 2021.

Jack Dorsey’s Block announces development of ‘full Bitcoin mining system’

Payments firm Block, formerly known as Square, has announced plans to develop a Bitcoin mining system in response to challenges faced by mining operators. In an April 23 blog post, Blo...

4 months ago

Binance founder should be jailed for 36 months, US prosecutors say

Binance founder and former CEO Changpeng Zhao is expected to be sentenced on April 30 after pleading guilty to money laundering in November 2023.

Binance founder should be jailed for 36 months, US prosecutors say

As the United States authorities are preparing to give a sentence to Binance founder Changpeng “CZ” Zhao on April 30, prosecutors have requested jail time for the former CEO. 

4 months ago

EU enacts crypto regulations to combat money laundering

The new legislation would impact crypto-asset service providers, like centralized crypto exchanges under MiCA.

EU enacts crypto regulations to combat money laundering

The European Parliament approved new regulations that establish formal due diligence obligations for cryptocurrency companies with the goal of combating money laundering. The new ...

4 months ago

BlackRock’s Bitcoin ETF daily inflow hits $0 for the first time

BlackRock’s Bitcoin ETF inflow streak ended on April 24 after IBIT recorded no inflows for the day, according to data from Farside.

BlackRock’s Bitcoin ETF daily inflow hits $0 for the first time

BlackRock iShares Bitcoin Trust (IBIT) has notched its first day of $0 in inflows since Bitcoin  exchange-traded funds (ETFs) were introduced in the United States in January. ...

4 months ago

CryptoQuant says miners maintain pre-halving pace despite upgrade

Although transactions surged and fees hit records following the RUNES protocol launch, miners could still struggle with lower fees and steady hashrate after the halving, analysts say.

CryptoQuant says miners maintain pre-halving pace despite upgrade

Despite the recent halving event, which saw the block reward drop from 6.25 BTC to 3.125 BTC, Bitcoin miners are still experiencing heightened daily revenue thanks to a spike...

4 months ago

BitcoinOS whitepaper to address Bitcoin limitations

BitcoinOS released its whitepaper presenting innovative solutions addressing Bitcoin’s scalability and smart contract limitations.

BitcoinOS whitepaper to address Bitcoin limitations

The innovations include BitSNARK technology and Grail Rollup Bridges, facilitating seamless communication and asset movement between Bitcoin (BTC) and other blockchains. Though not exp...

4 months ago

UK regulator scrutinizes Big Tech's role in AI industry

Regulatory scrutiny is intensifying in the U.K. as Big Tech’s deepening involvement in the AI sector raises concerns over competition and market dominance.

UK regulator scrutinizes Big Tech's role in AI industry

Regulators in the United Kingdom are keeping a watchful eye on the local artificial intelligence (AI) scene as Big Tech companies continue to dominate the space.  On April 24, the...

4 months ago

Philippines SEC orders Apple and Google to remove Binance from app stores

The Philippines SEC mandates the removal of the Binance app from Google and Apple stores in the country citing security threats to investors and, potentially, the local economy.

Philippines SEC orders Apple and Google to remove Binance from app stores

The Philippines Securities and Exchange Commission (SEC) ordered both Google and Apple to remove the Binance app from their respective app stores for users in the Philippines.  Ac...

4 months ago

Vietnamese tech company to build $200M AI factory with Nvidia

Vietnamese IT firm FTB and Nvidia will join forces to construct a cutting-edge $200 million AI factory, poised to revolutionize the tech landscape in the region.

Vietnamese tech company to build $200M AI factory with Nvidia

The Vietnamese IT company FPT and Nvidia, a global leader in semiconductor chip production, said they would be collaborating to finance and build a $200 million artificial intelligence (AI) fact...

4 months ago

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