Cryptocoins News / Blockchain - 3 months ago
Apple Inc. is closing its San Diego Data Operations Annotations team, impacting 121 employees who must choose between relocating to Austin or facing termination. This strategic move aims to consolidate AI operations and streamline Siri's development....
Cryptocoins News / Blockchain - 3 months ago
Venezuela ends its Petro cryptocurrency, a failed oil-backed digital currency initiative aimed at evading U.S. sanctions. Launched in 2018, it struggled for adoption due to legal issues, limited functionality, and lack of international interest. (Rea...
Cryptocoins News / Finance Magnates - 3 months ago
Genesis Global Trading has agreed to a settlement
with the New York Department of Financial Services (NYDFS). The company, known
for its crypto lending services, will pay a fine of $8 million, relinquish the
BitLicense obtained in 2018, and cease all...
Cryptocoins News / Blockchain - 3 months ago
Singapore's MAS has blacklisted ImToken, a crypto wallet provider, for lack of a financial license, citing its role as a decentralized, self-custodial wallet for investor protection and market stability. (Read More)
Bitcoin News / Bitcoin.com - 3 months ago
The Nasdaq-traded mining company Cipher Mining unveiled plans to expand its Bear LLC and Chief Mountain LLC projects, revealing the acquisition of 2.5 exahash per second (EH/s) of Canaan-crafted application-specific integrated circuit (ASIC) bitcoin...
Cryptocoins News / Blockchain - 3 months ago
South Korean gaming firm Wemade faces a $41 million tax bill for its crypto operations, highlighting the complexities of regulatory compliance in the blockchain gaming industry. (Read More)
Cryptocoins News / Blockchain - 4 months ago
Indonesian police have closed 10 illegal Bitcoin mining operations, detained 26 individuals, and confiscated over 1,300 mining rigs, stealing nearly $1 million worth of electricity. (Read More)
Bitcoin News / Bitcoin.com - 4 months ago
On Friday, Bit Mining Limited declared it had sold the mining pool operations of Btc.com to a Hong Kong limited liability company for $5 million. This transaction is anticipated to bolster the total equity of Bit Mining’s shareholders, continge...
Cryptocoins News / CoinJournal - 4 months ago
Hut 8 says it will manage mining operations for MiningCo at five sites under a four-year contract.
The digital asset miner will oversee 122,000 miners with 12 EH/s of computing capacity and over 300 MW of energy.
The announcement follows the US bank...
Cryptocoins News / Finance Magnates - 4 months ago
CatalX
CTX Ltd., the company behind the Canadian crypto exchange Catalyx, has taken
the unprecedented step of suspending all trading, deposits, and withdrawals in
the wake of a security breach. The breach has reportedly resulted in the loss
of some c...
Cryptocoins News / CoinJournal - 4 months ago
Circle Secures French DASP License:
The licensing aligns Circle with MiCA regulation.
Director of European Operations and financial expert appointed to lead Circle’s compliance efforts.
In a strategic move towards strengthening its foothold i...
Bitcoin News / Bitcoin.com - 4 months ago
The Bank of Korea governor Rhee Chang-yong recently stated that the growing stablecoin use threatens the operations of central banks. The possible involvement of global networks like Visa and Mastercard in the stablecoin business will likely undermin...
Bitcoin News / Bitcoin.com - 4 months ago
Worldcoin, the iris biometric crypto project, has reportedly reached an agreement with Kenyan authorities which allows it to resume operations in the African country. Worldcoin representatives are said to be “working directly with regulators to...
Bitcoin News / Google News Bitcoin - 4 months ago
Bitcoin Miner Hive Diversifies Into AI, Acquires 96 Nvidia GPUs to Boost High-Performance Computing Operations ...& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 4 months ago
On Friday, Hive Digital, based in Vancouver and specializing in bitcoin mining and high-performance computing (HPC), announced its foray into artificial intelligence (AI) and HPC technologies. This strategic move involves acquiring 96 Nvidia H100 gra...
Cryptocoins News / The Cointelegraph - 5 months ago
Hive Digital Technologies has acquired land and a data center to expand its operations in Sweden, house the incoming generation of ASIC servers and increase Bitcoin production....
Cryptocoins News / CoinJournal - 5 months ago
SEC has filed a lawsuit against Kraken.
The SEC is alleging that the exchange has been conducting unregistered operations.
Kraken is also accused of fund commingling.
In a recent development, the US Securities and Exchange Commission (SEC) filed a...
Cryptocoins News / The Cointelegraph - 5 months ago
The announcement came roughly nine months after U.S.-based crypto exchange Bittrex said it would shutter operations in response to the country’s regulatory environment....