The cost of Bitcoin mining machines has surged sharply in Shenzhen, China, following the recent spike in the Bitcoin price. According to a recent report by a Beijing-based newspaper Wen Wei Po, the price of Ant mining machines developed and…
Belarus says it is welcoming more crypto miners, and that more mining “investors” are “showing keen interest” in the nation. The comments came from the country’s Deputy Minister of Energy Denis Moroz. The Deputy Minister said that Minsk is now…
Federal Reserve Chair Jerome Powell says the central bank is “not allowed to own Bitcoin,” leaving the decision to Congress. Replying to a reporter’s question during the press conference following the FOMC decision, Powell said that the Fed has little…
Michael Saylor, co-founder and chairman of MicroStrategy Inc., has outlined plans to enhance “intelligent leverage” for the company’s shareholders. The Virginia-based firm, which has transformed from a software maker to a leveraged Bitcoin investment vehicle, continues to draw significant attention…
Sol Strategies (CSE: HODL) (OTC Pink: CYFRF), a publicly traded Canadian company actively investing in, supporting, and providing infrastructure for the Solana blockchain and ecosystem, is acquiring three Solana validators from Orangefin Ventures, a leader in high-performance blockchain infrastructure solutions.…
Tai Mo Shan, a subsidiary of Jump Crypto, has agreed to pay $123 million to settle charges brought by the U.S. Securities and Exchange Commission (SEC) over allegations it misled investors about the stability of TerraUSD (UST), an algorithmic stablecoin…
MicroStrategy, led by Bitcoin advocate Michael Saylor, has expanded its board of directors, appointing former Binance.US CEO Brian Brooks along with Jane Dietze and Gregg Winiarski. The new appointments were disclosed in a December 20 filing with the U.S. Securities…
Interpol has issued a “Red Notice” for Richard Schueler, widely known as Richard Heart, the founder of Hex, on allegations of tax fraud and assault. The notice, requested by Finnish authorities, seeks Schueler’s provisional arrest but does not constitute an…
Coinbase is facing criticism after deciding to delist Wrapped Bitcoin (WBTC) from its platform, citing unacceptable risks linked to Justin Sun, the founder of Tron. The announcement of the suspension, made in November, has now become the subject of a…
Japanese investment firm Metaplanet is poised to achieve its first consolidated operating profit in seven years, just months after incorporating Bitcoin into its balance sheet. The Tokyo-based firm announced on December 18 that it expects to generate 890 million Japanese…