This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Core Scientific got a lot of attention in 2024 for its hosting deals with cloud provider CoreWeave. But Hut 8’s plans to lease data center space…
Kenya is set to introduce legislation to legalize cryptocurrencies, marking a policy shift, according to a local report quoting Treasury Cabinet Secretary John Mbadi. JUST IN: 🇰🇪 Kenya to legalize Bitcoin and crypto. — Watcher.Guru (@WatcherGuru) January 10, 2025 Speaking…
Crypto exchange Bybit said it will temporarily suspend its services for its users in India in response to regulation in the country. The Dubai based company intends to prevent its customers in India from being able to open new trades…
Landlocked between six different neighbors in the Horn of Africa, Ethiopia has approximately 120 million inhabitants, making it the second most populous nation on the continent, and a GDP of $163 billion, which puts it in the same economic league…
Upbit, South Korea’s leading cryptocurrency exchange, has suspended deposits for Solve.Care (SOLVE), citing a lack of transparency and potential risks to investors. The decision, communicated via an official announcement, highlights concerns over SOLVE’s business practices, including deficiencies in its distribution…
The crypto industry’s most notorious rapper, Heather Morgan – more widely known as Razzlekhan – released a new music video as U.S. authorities stand ready to imprison her for criminally laundering portions of the crypto loot her husband was convicted…
Bitcoin (BTC) miners’ daily revenue and gross profit rose for the second consecutive month in December, hitting the highest levels since April, JPMorgan (JPM) said in a research report on Monday. Mining profitability increased as the rally in the world’s…
A group of Philippine banks is joining forces to launch a peso-backed stablecoin, PHPX, to enhance cross-border payments and promote financial inclusion. The PHPX token is set to debut between May and July, leveraging decentralized ledger technology (DLT) via the…
Coinbase Inc. (COIN) is warning customers that a U.S. regulator is demanding information about interactions with prediction market firm Polymarket, according to a person familiar with the situation, and Coinbase has sent messages to customers saying the exchange may have…
Bitcoin miners across the United States are reportedly hoarding the apex crypto in what looks like an all-out arms race to survive rising costs and tougher competition. Giants like Mara Holdings, Riot Platforms, and CleanSpark are leading the charge, raising…