According to recent data, bitcoin’s total hashrate achieved a record high this week, based on the seven-day simple moving average (SMA). On July 25, the hashrate, measured by the seven-day SMA, reached... Read more »
Vivek Ramaswamy, a former presidential candidate, has predicted that former U.S. President Donald Trump will gain support from pro-bitcoin and pro-crypto voters while Vice President Kamala Harris will “scramble to come up... Read more »
At the Bitcoin 2024 conference in Nashville, the Chinese bitcoin application-specific integrated circuit (ASIC) manufacturer Microbt introduced its new line of M6XS+ miners. These miners offer a hashrate ranging from 190 terahash... Read more »
The Swiss regulator, the Financial Market Supervisory Authority (FINMA), recently published guidance on the issuance of stablecoins. The regulator says stablecoins are not only associated with money laundering risks but pose reputational... Read more »
Russia’s State Duma has advanced a bill to regulate cryptocurrency mining, aiming to curb illegal activities and promote investment and employment. Proposed by the chairman of the Duma Committee on Financial Markets... Read more »
Senator Elizabeth Warren has called for stricter regulations to address the risks of foreign-owned cryptocurrency mining facilities in the U.S. She highlighted the environmental and national security threats, especially from Chinese-owned operations,... Read more »
Hive Digital, a public green bitcoin mining company, announced plans to build a 100MW site in Paraguay, having connected with President Santiago Peña and his cabinet. Hive stated that stability in government... Read more »
The UK Financial Conduct Authority (FCA) has fined Coinbase’s payments arm, CB Payments Limited, £3,503,546 for breaching compliance rules by serving high-risk customers despite restrictions. The regulator explained that this marks the... Read more »
Auradine has begun shipping its new Teraflux 2800 series bitcoin mining platforms. The company claims these systems, built with 3-nanometer (nm) silicon application-specific integrated circuit (ASIC) technology, set new standards in performance,... Read more »
Iris Energy Limited has announced an increase in its power capacity at the Childress site in Texas from 600 megawatts (MW) to 750 MW. This expansion follows approval from the Electric Reliability... Read more »
