The Bank of Russia has highlighted the conditions it will need to consider when regulating the use of stablecoins for Russian individuals and companies. The bank stated that before a regulation is enacted, a thorough study of these assets and a discussion with the relevant actors of the market and the community around them should…
TLDR The German government has rapidly reduced its Bitcoin holdings from about $3.46 billion to less than $1 billion in the past month. The Bitcoin being sold comes from a seizure of nearly 50,000 BTC from the movie piracy site Movie2k.to. The state of Saxony is responsible for selling the Bitcoin, following standard procedures for…
Lucky Block Casino burst onto the crypto gambling scene in late 2022 and has quickly become a top destination for players looking to enjoy casino games, sports betting, and generous rewards with digital currencies. Backed by an existing crypto brand of the same name, Lucky Block offers a modern, easy-to-use platform for betting with Bitcoin,…
TLDR BitMEX has pleaded guilty to violating the Bank Secrecy Act between 2015 and 2020. The exchange failed to implement proper Know Your Customer (KYC) and anti-money laundering (AML) measures. BitMEX’s founders had previously pleaded guilty to similar charges in 2022. The company faces a potential 5-year prison sentence and fines. BitMEX claims it has…
Unstoppable Domains, a key player in Web3 domains and digital identity solutions, has announced an integration with Pudgy Penguins, enabling users to access Pudgy World using their .pudgy domain names. The integration allows users to bypass traditional password-based logins, offering a more streamlined access that doesn’t rely on Web2 credentials. This approach not only enhances…
[PRESS RELEASE – New York, New York, July 11th, 2024] Dora 2.0 Update Allows searchability across 10+ chains alongside bridging and swapping across all supported chains & expansion into new VM ecosystems Dora, the unified search, discovery, & action engine for the multichain world, is excited to announce a series of significant upgrades to its…
TLDR Drake bet $300,000 in Bitcoin on Canada to beat Argentina in the Copa Amรฉrica semi-final. Argentina won the match 2-0, causing Drake to lose his bet. The Argentina national team mocked Drake on social media after their victory. This loss follows Drake’s recent $1 million in Bitcoin losses on NHL and NBA bets. The…
TLDR Marc Andreessen, a billionaire tech investor, gave $50,000 in Bitcoin to an AI bot called “Truth Terminal” on Twitter. The AI bot plans to use the money for hardware upgrades, a token launch, and other projects. Truth Terminal is semi-autonomous, with its human creator Andy Ayrey approving its posts. The bot has mentioned plans…
Cryptocurrency mining company, Enegix Global, has announced the construction of a new 80 MW data center in Brazil, marking a significant expansion of its operations. The two-phase project, set to launch its initial 20 MW phase in September 2024, will operate on natural gas with an uptime of 96%. This strategic move comes amid shifting…
Bitcoin’s price ascend toward $60,000 was halted in its tracks and the asset has returned to just over $58,000 after a minor retracement in the past day. Stacks has emerged as the top performer from the larger-cap alts, having soared by 14%. LDO is next, with a 7% daily increase. BTC Stopped at $59K It…