America’s top film and TV mogul Tyler Perry has decided to put a hold on his $880 million studio expansion amidst a growing concern over Artificial Intelligence (AI). AI and The Tyler Perry Plans OpenAI launched a new AI tool dubbed Sora a few days ago and in this short while, the AI bot has […]
Breaking: US Energy Department Halts Bitcoin Mining Survey Amid Controversy
The United States Department of Energy announced its decision to temporarily suspend the intended emergency survey of Bitcoin mining operator’s use of energy. EIA Picks Battle Against the Bitcoin Mining Industry According to a filing made to a Texas federal Court, the U.S. Energy Information Administration (EIA) will halt its mandatory survey for over a […]
Carson Group Gives Green Signal to Bitcoin ETFs as Client Demand Surges
With the rising demand for Bitcoin ETFs, Carson Group has decided to start offering the ETFs to its customers. However, the firm has decided to give a green signal to only four out of the ten launched Bitcoin ETFs. Carson’s step indicates that the investor traction for Bitcoin ETFs is steadily increasing. Carson Group to […]
Bitwise, Grayscale Seek SEC Nod for Bitcoin ETF Options
The US Security and Exchange Commission (SEC) is getting feedback from the public and is ready to approve a rule change that allows Bitcoin exchange-traded funds (ETFs) to be listed on exchanges and traded on derivatives. The start of this move by NYSE was a result of the demand generated by the trading of options […]
Craig Wright Makes First Anti-Satoshi Comment in Bitcoin Whitepaper Grilling
In a new court hearing, self–acclaimed Bitcoin creator Dr. Craig Wright almost refuted claims to be Satoshi Nakamoto. Craig Wright Faces Cross Examination in Satoshi Nakamoto Identity Case There has been a legal showdown ever since Wright claimed that he is the enigmatic creator of Bitcoin Satoshi Nakamoto. The matter went as far as attracting […]
Spot Bitcoin ETFs Steal the Show at Miami’s Finance Conference
The Exchange ETF Conference in Miami Beach, Florida, recently was a breakthrough for the cryptocurrency industry as it captured the spotlight and became the most talked about topic among the financial elite. An event typically a forum for the frontiers of the $7.3 trillion ETF business has been supported by major ETF providers like State […]
Judge Sanctions Binance’s $4.3 Billion Plea Deal in US Court
Binance Holdings Ltd. has agreed to a $4.3 billion plea deal, receiving approval from a US judge. This settlement marks one of the most substantial criminal penalties imposed in the United States, targeting the world’s largest cryptocurrency exchange. The case, presided over by US District Judge Richard Jones in Seattle, underscores the legal challenges facing […]
Zipmex to Lose Thai License After Failing SEC Capital Requirements
Thailand’s Securities and Exchange Commission (SEC) has proposed the withdrawal of the digital asset business license of the Zipmex cryptocurrency exchange. This announcement was made on February 23 and is likely to be seen as a watershed event in the country’s regulatory landscape for digital assets. The recommendation to the Finance Ministry followed a set […]
Here’s Why Polygon Coin Price Is Set For 35% Rally
Amid the current market uncertainty, the Polygon coin price showed notable resilience above the $4.945 mark. This altcoin currently trades at $0.992 and shows lower price rejection at this support reflecting the buyer’s accumulation. As the price has surged above 50% of the last correction phase, the buyers stay the dominant force in this asset, […]
Crypto Miners Challenge Govt Overreach in Energy Data Request
The Texas Blockchain Council (TBC) and Riot Platforms have filed a lawsuit against the Energy Information Administration (EIA) of the United States Department of Energy. The move is a reaction by the plaintiffs to what they claim is a provocative request for information concerning energy consumption coming from cryptocurrency mining operations. The legal filing, presented […]