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Tether Ventures into Bitcoin Mining with $610M Debt Financing; Crypto Lender Genesis Shifts Liquidation Plan
November 2, 2023
Tether (USDT) is making a significant move into Bitcoin (BTC) mining, providing the German-based BTC mining company, Northern Data AG, with a large-scale debt facility. Northern Data AG has secured …
Read moreJapanese Web2 Games to Make Debut on Axie Infinity's Ronin Blockchain
November 2, 2023
Sky Mavis, the developer of the popular NFT game Axie Infinity, has partnered with Korean gaming studio Act Games with the aim to migrate a series of Japanese video games …
Read moreMicroStrategy Profit Surges Amid Bitcoin Rally
November 2, 2023
Business intelligence firm MicroStrategy has made a significant profit of $900 million on its acquisition of Bitcoin, which now totals to 158,400 tokens. The growth in profit can be accredited …
Read moreSolana Flourishes a Year After Bankman-Fried's Controversial Trial
November 2, 2023
Almost a year has passed since the trial surrounding controversial crypto figure Sam Bankman-Fried took place. The closing arguments featured the prosecution depicting Bankman-Fried as a deceitful individual, driven by …
Read moreLearn Concept: Understanding the Impact of Institutional Crypto Restriction and Regulation
November 2, 2023
The cryptocurrency sector is constantly evolving. One recent development is that Circle, an issuer of the USDC stablecoin, has decided to limit the minting of their stablecoin to just institutional …
Read moreGlobal Leaders Concur on the Need for Safe AI Practices at Summit
November 2, 2023
In a groundbreaking international gathering, government ministers and key players in the field of artificial intelligence (AI) convened for the inaugural AI Safety Summit. Hosted at Bletchley Park, this milestone …
Read moreBitcoin Holds Steady Above $34,000 As Federal Reserve Keeps Rates Unaltered
November 1, 2023
Overview The Federal Reserve has decided to leave federal funds rate steady between 5.25 and 5.50, as per market expectations. This move hints at the forthcoming direction of monetary policy. …
Read moreSolana’s Value Skyrockets amid Bitcoin Rally
November 1, 2023
Solana, a contender in the DeFi market, has experienced a major resurgence, especially in the light of the recent Bitcoin rally. Known for its efficient transaction speeds, Solana has seen …
Read moreArrests Follow Sealed Indictment and SEC Charges Against SafeMoon Founders
November 1, 2023
The Department of Justice (DOJ) has announced the arrests of Braden John Karony and Thomas Smith, members of the executive team of the cryptocurrency SafeMoon, while Kyle Nagy remains elusive. …
Read moreCoinbase Introduces Regulated Crypto Futures for US Retail Investors
November 1, 2023
Coinbase, one of the leading crypto exchanges, has recently announced that its retail traders in the U.S. would be able to trade in crypto futures, including Bitcoin and Ethereum, through …
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