Marathon Digital Holdings has announced plans to raise $250 million through a private offering of convertible senior notes. The world's largest Bitcoin mining firm revealed this in a press release published today, August 12, 2024. The release stated...
Tether, the leading stablecoin issuer by market capitalization, is setting its sights on the artificial intelligence (AI) sector to challenge tech giants like Microsoft and Amazon, according to CEO Paolo Ardoino. In a recent WIRED interview, Ardoino outlined...
The government of the City of Santa Monica in California is taking a pioneering step in the cryptocurrency education sector with the launch of a new "Bitcoin Office." This initiative, spearheaded by Vice Mayor Lana Negrete, aims to...
Binance has announced its plans to convert a series of delisted tokens to USDC starting September 2. This move affects 15 tokens, including Bitcoin Gold (BTG), Monero (XMR), Tribe (TRIBE), Sologenic (SOLO), Spartan Protocol (SPARTA), and Symbol (XYM),...
The team behind Canto, a Cosmos-based Layer 1 blockchain, has announced plans for an upgrade on August 12 to address the network’s prolonged 33-hour outage. The blockchain, which launched in August 2022 and is designed for DeFi applications...
Turkey is witnessing a notable increase in interest from cryptocurrency firms seeking to operate in the country. The Turkish Capital Markets Board (CMB) has reported that 47 cryptocurrency companies have applied for licences under newly introduced regulations. This...
Johnny Ng, a Hong Kong lawmaker, has called on the government and banks to ease restrictions on banking services for crypto and Web3 firms, highlighting the ongoing challenges these companies face in opening local bank accounts. In a...
Bitcoin Miner Bitfarms has published its financial results for Q2 2024, revealing a mixed picture of operational progress and financial challenges. The company reported a total revenue of $42 million, marking a 16% decrease from the previous quarter...
OKX CEO Star Xu has announced that the exchange will terminate any accounts found to be using Tornado Cash in a move to bolster financial integrity and enhance compliance with international sanctions. Xu stressed that OKX's risk control...
Tether is planning to double its workforce by mid-2025, with a significant focus on bolstering its compliance team. According to CEO Paolo Ardoino, Tether Holdings Ltd., the company behind the USDT stablecoin, aims to expand its staff to...
