Coinbase conducts its first AI-to-AI crypto transaction

Crypto exchange Coinbase witnessed its first crypto transaction between artificial intelligence (AI) bots on Aug 30, CEO Brian Armstrong announced in a post on X. He explained that one large language model... Read more »

Iris Energy Acquires 39,000 Bitmain S21 XP Antminers, Eyes 30 EH/s in 2024

Bitcoin miner and high-performance computing (HPC) firm Iris Energy Limited has secured 10 exahash per second (EH/s) of Bitmain’s S21 XP Antminers, positioning the bitcoin mining company to reach 30 EH/s by... Read more »

OpenAI mulls dropping profit restrictions ahead of $100 billion valuation push

OpenAI is considering significant changes to its business model as it gears up for a new investment round that could push its valuation beyond $100 billion, the Financial Times reported on Aug.... Read more »

Cipher Mining Boosts Bitcoin Data Center Portfolio With 300 MW Texas Site Purchase

This week, Cipher Mining Inc. revealed that it has acquired a sprawling 250-acre property in West Texas, which includes a 300-megawatt (MW) data center. The company also highlighted that this location is... Read more »

Russia Set to Launch Crypto Payment Trials Next Week, Report

Russia is reportedly set to start trials for cryptocurrency exchanges and digital token payments on Sept. 1 to mitigate payment difficulties caused by international sanctions. These trials will involve the National Payment... Read more »

UK’s ambitions for crypto hub status falter amid regulatory roadblocks

Crypto firms are increasingly turning away from the UK, citing burdensome and time-consuming regulatory processes as a key factor, the Financial Times reported, citing law firm Reed Smith. Registrations for crypto asset... Read more »

Report: Paraguayan Bitcoin Mining Industry Provides Fewer Than 400 Jobs

A report presented to the Paraguayan Congress highlights the low level of employment associated with the country’s bitcoin mining activity. According to data from the Social Care Institute, the entire bitcoin mining... Read more »

Bitcoin’s realized volatility in August reaches highest level in over a year

Onchain Highlights DEFINITION: Realized volatility is the standard deviation of returns from the mean return of a market. High values in realized volatility indicate a phase of high risk in that market. It... Read more »

New Zealand Seeks to Adopt OECD’s Crypto Asset Reporting Framework

The New Zealand government has introduced a bill to implement the OECD’s Crypto Asset Reporting Framework (CARF). This framework aims to increase transparency in the crypto asset market. Effective April 1, 2026,... Read more »

Bloomberg integrates Polymarket data to Terminal

Bloomberg Terminal on display at Bloomberg L.P. Photo by Travis Wise. Key Takeaways Bloomberg Terminal now includes Polymarket’s real-time election odds. Polymarket’s trading volume approached $450 million in August. Share this article... Read more »
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