Northern Data Considers Selling Crypto Mining Unit to Fund AI Venture

Northern Data, a German data center company, is considering selling its crypto mining arm, Peak Mining Frankfurt, to focus on its growing AI business. This move comes as crypto miners continue to... Read more »

New Privacy Bill Aims to End Government’s Grip on Americans’ Financial Data

The Saving Privacy Act, aimed at curbing federal surveillance of Americans’ financial data, is gaining momentum. Backers argue the government has overreached, violating privacy rights without effectively targeting criminals. Provisions include repealing... Read more »

Uncharted Territory: Bitcoin’s Mining Difficulty Reaches New Extremes

Bitcoin’s difficulty has soared once again at block height 866,880, reaching a record-breaking 95.67 trillion. Meanwhile, the network’s computational power is keeping pace, operating at a blazing 729.13 exahash per second (EH/s)... Read more »

UK Stands Firm on Tough Crypto Regulations, Warns Against Lowering Crypto Standards

A Financial Conduct Authority (FCA) official has emphasized the importance of high regulatory standards for crypto asset registrations. She defended the UK’s stringent rules, aiming to protect consumers and financial markets while... Read more »

BTC Miner Core Scientific Expands Contract With Coreweave, Eyes $8.7B in HPC Revenue

Core Scientific has revealed that Coreweave has chosen to expand its high-performance computing (HPC) infrastructure by another 120 megawatts (MW), pushing the total contracted capacity to around 500 MW. Core Scientific and... Read more »

Crypto On/Off Ramp Discloses Breach, Says 1.14% of Users Affected

Transak, a cryptocurrency on/off-ramp service, confirmed on Oct. 21 that experienced a data breach affecting 1.14% of its users. A ransomware group claimed to have obtained sensitive data but Transak confirmed only... Read more »

Industry Stakeholders Cautious as Argentina Drafts New Crypto Regulations

Cryptocurrency industry members in Argentina expressed their opinions regarding a new draft that proposes restrictions on the operation of crypto institutions in the country. If the draft is approved, each institution will... Read more »

Russian Crypto Miner, Sovereign Fund Aim for Global AI Leadership

Bitriver, a Russian data mining company, has partnered with the Russian Direct Investment Fund (RDIF) to expand data center infrastructure and AI projects across BRICS countries. The goal is to boost Russia’s... Read more »

Decentralized Money Market Protocol Loses $4.3M in Social Engineering Attack

Tapioca DAO, has been the victim of a social engineering attack in which criminals exploited a vulnerability to compromise the ownership of the TAP token vesting contract. The breach led to the... Read more »

Cyprus SEC Enforces EU Crypto Regulation — Key Deadlines Loom

Key deadlines for crypto-asset regulation are approaching, as Cyprus’ regulator announced that the EU’s Markets in Crypto-Assets Regulation (MiCAR) will take effect for service providers by December 2024, with registration closing by... Read more »
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