News BTS
Germany’s Bundesbank President, Joachim Nagel, stressed during a recent event that introducing a digital euro is crucial for preserving Europe’s financial independence. Speaking at an OMFIF event at the London School of Economics on February 12, Nagel highlighted the role of…
World Network, previously Worldcoin, has officially launched in the Philippines, marking another step in its global expansion amid growing debates over digital privacy and biometric data collection. World ID is now accessible in select cities in Bulacan although the company plans…
Blockchain analytics firm Bubblemaps has presented new on-chain evidence suggesting that the team behind the controversial Libra (LIBRA) meme coin is the same group responsible for launching Melania (MELANIA). In a Feb. 17 post on X, the analysts stated they are…
Australia’s financial crime regulator AUSTRAC said Monday that it targeted 13 remittance and digital currency exchange providers over compliance issues. In addition, the agency is now investigating 50 more providers. It is wrapping up a year-long campaign to address non-reporting and…
Japan’s Metaplanet announced Monday that it purchased an extra 269.43 Bitcoin—worth roughly $25.9 million—as it continues to build its BTC reserves. Consequently, its total Bitcoin holdings have now hit 2,031.41 coins. Additionally, the company revealed that it acquired these coins at…
Alexander Vinnik’s lawyer has confirmed that the United States has “dropped” the case against the former operations and finance director of the defunct crypto exchange platform BTC-e, following Vinnik’s release last week. Per the Russian state-run news agency TASS, lawyer Arkady…
South Korea’s Board of Audit and Inspection has urged officials in the city of Cheongju to dish out “strict disciplinary action” to a civil servant who stole over $416,000 worth of public funds to spend on personal crypto investments. Per Dongyang…
JP Morgan has stirred controversy with its latest claims that Tether (USDT), the largest stablecoin issuer, may need to sell off some of its Bitcoin holdings to comply with incoming U.S. stablecoin regulations. However, Tether CEO Paolo Ardoino quickly rebuffed these…
Bitcoin miner Riot Platforms is exploring revenue diversification into artificial intelligence (AI) and high-performance computing (HPC), joining the growing trend of miners adapting their infrastructure for AI applications as Bitcoin network transactions hit a 12-month low. On February 13, Riot Platforms…
The highway workers’ union of the US state of Wyoming has announced that it is exploring to add Bitcoin to its balance sheet. Wyoming Highway Patrol Association (WHPA) has launched an initiative dubbed “Get Off Zero,” in partnership with Proof of…
Malaysian police have uncovered an illegal Bitcoin mining setup after a blast occurred in a city on Tuesday. The explosion and smoke from the house were reportedly caused by the electricity consumption of BTC mining operations. According to local reports, the…
Phoenix Group, an Abu Dhabi-based crypto mining firm, has reported a staggering 236% surge in mining revenue, reaching $107 million for 2024. The firm’s financial success resulted from its strategic expansion efforts and operational efficiencies despite a challenging market environment. According…