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Treasury Department Deems Decentralized Finance a National Security Threat
Poor cybersecurity practices within the decentralized finance (DeFi) industry present a threat to crypto, consumers, and national security, according to a new report from the United States Treasury Department.
The…
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China Fines Bitmain $3.6 Million for Tax Violations, Report – Mining Bitcoin News
Chinese authorities have fined leading crypto mining hardware manufacturer Bitmain for tax-related violations, local media reported. The penalty comes amid increasing tax checks in the digital asset sector, according to…
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DeFi projects could face regulatory requirements, says Hong Kong regulator
Key takeaways
A Hong Kong regulator has revealed that DeFi projects could be subject to regulatory requirements.
The…
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Why the Bitcoin Lightning Network May Be Better Than Visa and Mastercard
When Satoshi Nakamoto launched Bitcoin, he envisioned a peer-to-peer payment system that would make banking easier. He foresaw a system that would reinstate privacy and get rid of third parties. In doing so, transactions would be…
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AI-Focused Cryptogpt Raises $10 Million in Series A Funding to Expand Into Asian Markets –…
A Layer two (L2) project, called Cryptogpt, which leverages ZK-rollup technology and artificial intelligence (AI), has announced that its team has raised $10 million in capital from a Series A funding round. The crypto and AI firm…
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How to Protect Your NFTs
Last month a crypto Twitter influencer accidentally destroyed their $129K CryptoPunk NFT. Here are some best practices to protect your NFTs from losses to technical mishaps with your crypto.
“This is truly a devastating…
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India Seeks Common Crypto Framework for All Countries to Deal With ‘Many Collapses and Shocks…
India’s finance minister, Nirmala Sitharaman, said during her official visit to the U.S. that crypto regulation is a very important part of the discussion by the G20 countries given “so many collapses and shocks in…
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Bitcoin Is an ‘Escape Route’ From the Turmoil Caused by the Fed
Robert F. Kennedy Jr – the nephew of former President John F Kennedy, who challenged Joe Biden for the Democratic nomination in the 2024 elections – blamed the Federal Reserve for the current disturbing condition of the…
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Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current Fleet – Mining…
On Tuesday, the bitcoin mining company Cleanspark announced that it had purchased 45,000 Antminer S19 XP bitcoin mining devices for a total price of $144.9 million. Cleanspark stated that the new fleet would add 6.3 exahash per…
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Bitcoin hits $30K to mark highest price since June 2022
Bitcoin (BTC) has hit price highs not seen since mid-2022 with the largest crypto by market cap touching $30,000 and setting a new high for 2023.According to CoinGecko data, Bitcoin has slightly surpassed $30,000 and is at nearly $30,200…
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