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White House Heightens Scrutiny on Crypto Miner’s Energy Consumption
Regulatory scrutiny increases as crypto mining activities are rising and consuming huge amounts of energy.
Over $3 Trillion USD Subscribed, Largest IPO Ant Group Blowout is Ready
On Oct. 30, Ant Group and China's Shanghai Stock Exchange announced that the subscription amount for Ant Group's IPO now exceeds 19.05 trillion RMB ($3 trillion US dollars).
Ripple May Dump Over 96 Million XRP Soon
Ripple's strategic handling of 240M XRP in December 2023 stabilized the market and may influence future cryptocurrency dynamics.
Singapore-based Online Press Initium Media Accepts Membership Subscription in Crypto
Online Chinese-language press Initium media announced the digital media platform had accepted cryptocurrencies to pay for membership subscriptions.
Kraken Fights IRS Over Customer Information
Kraken is contesting the United States Internal Revenue Service's demand for critical exchange user information, citing it as an "unjustified treasure hunt." Kraken has requested federal court intervention, pointing out that the IRS has gone "far beyond" its intrusive summons. The fight against IRS is Kraken's response to the agency's February summons, which demanded additional user information to identify Kraken accounts that did at least $20,000 of cryptocurrency trading in any single year between 2016 and 2020.
Google Metadata Implicates SBF in Fraudulent Activities During Trial
The trial on Nov 1, 2023, revealed Google metadata evidence against SBF, revealing his creation of a spreadsheet listing fraudulent financial activities. This evidence, along with testimonies and online meetings, contradicted SBF's claims of ignorance.
Dee Templeton Joins OpenAI's Board Amidst Corporate Governance Overhaul
Microsoft's Dee Templeton joins OpenAI's board as a nonvoting observer amidst significant corporate governance changes following CEO Sam Altman's brief ouster and reinstatement.
Breaking: Binance Pool Introduces Ordinals Inscription Service on Bitcoin network
Binance Pool introduces Ordinals Inscription Service, enabling users to embed data onto satoshis within Bitcoin network, enhancing digital ownership and asset management beyond digital currency.
Introducing Scroll Sessions: Native zkEVM Layer 2 for Ethereum
Scroll has unveiled Scroll Sessions, a groundbreaking native zkEVM Layer 2 solution for Ethereum that aims to enhance scalability and reduce transaction costs. This article provides an overview of Scroll Sessions and its potential impact on the Ethereum ecosystem.
Ripple Releases 1 Billion XRP from Escrow
Ripple has once again released 1 billion XRP from its escrow account.
Infinity Ventures Crypto's $70M Fund to Focus on Global Startups
Infinity Ventures Crypto has completed its first round of funding with $70 million for investing in startups in Asia and the Americas.
Dual Miners Launches Dual Miners with SHA-256 and Scrypt
Chip design and the manufacturing company Dual Miners announced the launch of SHA-256 and Scrypt, as the first dual-mining machine hardware equipment worldwide, which is expected to be more energy efficient than other algorithms.