Decentralized Hedge Fund VC Spectra (SPCT) Raises $2.4 Million in Seed Sale Round

[PRESS RELEASE – London, United Kingdom, July 5th, 2023] VC Spectra (SPCT), a decentralized hedge fund, is currently 70% into the first stage of its public presale. The private seed sale, which raised $2.3 million in just two weeks, has filtered through into the public presale. A leading firm in the fintech and blockchain space, […]

Core Scientific Announces June 2023 Production and Operations Updates

Operated approximately 210,000 owned and colocated bitcoin miners Produced 1,030 self-mined bitcoin and 508 bitcoin for colocation customers AUSTIN, Texas–(BUSINESS WIRE)–$CORZQ #bitcoin—Core Scientific, Inc. (OTC: CORZQ) (“Core Scientific” or “the Company”), a leader in high-performance blockchain computing data centers and software solutions, today announced production and operations updates for June 2023. Data Centers As of […]

Heating a home with a Bitcoin miner: Staying warm with sats

The heat generated from Bitcoin mining could make mining at home more accessible, affordable and environmentally friendly.

Did Terra Founder Do Kwon and LFG Invest in 5,292 Bitcoins? Here’s The Truth

The post Did Terra Founder Do Kwon and LFG Invest in 5,292 Bitcoins? Here’s The Truth appeared first on Coinpedia Fintech News In a recent development, it has been reported that Do Kwon, co-founder of Terra and his associates, has withdrawn a significant amount of Bitcoin linked to the Luna Foundation Guard (LFG). A total […]

Crypto developer commits $2M rug pull fraud to fuel gambling addiction

A Redditor described the developer’s gambling addiction excuse as a “weird way to rug” as projects usually just run away and delete all the evidence.

Zilliqa (ZIL) Set to Undergo Game-Changing Upgrade: Details

Zilliqa (ZIL) receives new mainnet upgrade

South Korea To Launch 2nd Stage Crypto Asset Legislation Soon: Details

South Korea’s financial authorities will initiate the second stage of virtual asset legislation as early as this month. According to the local news source, the Financial Services Commission convened a digital asset meeting on the 3rd where the second stage of legislation that can fully encompass virtual assets as an institutional system was reviewed. An […]

Danish authority orders Saxo bank to divest crypto holdings, citing distrust in financial system

Denmark’s Financial Supervisory Authority (FSA) ordered investment bank Saxo to divest its cryptocurrency holdings because financial institutions in the country are prohibited from crypto trading activities, according to a July 5 statement. “On 4 July 2023, the Danish Financial Supervisory Authority decided that Saxo Bank A/S’ trading in crypto assets for its own account is […]

Saxo Bank ordered to dispose of crypto holdings by Denmark’s DFSA

The DFSA ordered the Saxo Bank to dispose of its own holdings in crypto. The Financial regulators in Denmark have said that local banks are not allowed to hold crypto to hedge against trading risks. DFSA’s order concerning Saxo Bank’s crypto holdings will have little impact on the bank’s business. Local investment bank Saxo Bank […]

Crypto News Today: Bitcoin (BTC) Makes Waves

With the crypto market, there are several ways to make money and trade the excitement. And although NFTs haven’t been special in the past several months, Bitcoin(BTC) ordinals are picking up fast on the new utility. Early adopters of Bitcoin(BTC) ordinals and NFTs have made great profits; and from the looks of it, this is […]