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Binance Announces Support for IRISnet (IRIS) Network Upgrade
cryptocurrency

Binance Announces Support for IRISnet (IRIS) Network Upgrade

Binance has revealed its plans to support the upcoming network upgrade of IRISnet (IRIS).

Hong Kong Regulators Probe Worldcoin for Privacy Risks
cryptocurrency

Hong Kong Regulators Probe Worldcoin for Privacy Risks

Hong Kong's PCPD is investigating Worldcoin, linked to OpenAI's Sam Altman, for potential privacy violations in biometric data collection methods, highlighting global privacy concerns in the crypto and blockchain industry.

UK's ICO to Investigate OpenAI CEO's Worldcoin Project
cryptocurrency

UK's ICO to Investigate OpenAI CEO's Worldcoin Project

The Information Commissioner's Office (ICO) announced on July 25, 2023, that it plans to initiate an investigation into Worldcoin, a project overseen by OpenAI CEO Sam Altman. The investigation is set to commence shortly after the announcement. ICO is the data regulator in the United Kingdom.

National Bank of Georgia Enhances Sanction Monitoring, Includes Virtual Asset Service Providers
cryptocurrency

National Bank of Georgia Enhances Sanction Monitoring, Includes Virtual Asset Service Providers

The Acting President of the National Bank of Georgia, Archil Mestvirishvili, stated that the bank has not only been monitoring the observance of financial sanctions but also expanded its oversight to virtual asset service providers.

Iris Energy to eliminate mining equipment following $108M loan default
cryptocurrency

Iris Energy to eliminate mining equipment following $108M loan default

Iris Energy reduced mining power by 3.6 EH/s. On Nov. 21, it disconnected equipment used as collateral for a $107.8 million loan. The corporation just got a $103 million default notice. High hash rates, high energy costs, and poor pricing threaten Bitcoin miners.

Bitcoin Miner Iris Energy Inks $100M Deal as it Contemplates M&A
cryptocurrency

Bitcoin Miner Iris Energy Inks $100M Deal as it Contemplates M&A

Bitcoin mining company Iris Energy has agreed on a deal to sell up to $100 million in shares to investment bank B. Riley, as the company contemplates mergers and acquisitions following a recent capital increase

Bitcoin Miner Iris Energy Signs Share Purchase Agreement with B. Riley
cryptocurrency

Bitcoin Miner Iris Energy Signs Share Purchase Agreement with B. Riley

The issuance of new shares is meant to help Iris Energy strengthen its capital base to support its Bitcoin mining operations amid the market downturn.

Australian Bitcoin Miner Iris Energy Doubles Operating Capacity to Over 2.3 EH/s
cryptocurrency

Australian Bitcoin Miner Iris Energy Doubles Operating Capacity to Over 2.3 EH/s

Australian Bitcoin mining company Iris Energy has announced that its operating capacity has roughly doubled to over 2.3 EH/s.

Iris Energy Raises $71m in Debt Issuance
cryptocurrency

Iris Energy Raises $71m in Debt Issuance

Iris Energy raised $71 million in debt issuance for new Bitcoin mining equipment.

The First Crypto Miner ETF Unveils in Australia
cryptocurrency

The First Crypto Miner ETF Unveils in Australia

Australian Bitcoin miner Iris Energy applies for IPO on the Nasdaq. The stock code is "IREN". Reportedly, $100 million has been raised.

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