TeraWulf is pivoting towards the development of high-performance computing and AI technologies. TeraWulf’s second-quarter earnings report, released earlier in August, demonstrated mixed performance. While the company produced less BTC than…
The International Monetary Fund (IMF) is calling for a significant tax hike on cryptocurrency mining operations to combat climate change. The financial institution argues that increasing electricity costs for miners…
A recent tweet by Tron founder Justin Sun has sparked a new rumour that China might lift its ban on cryptocurrencies. On August 18, Sun tweeted, “China unbans crypto. What’s…
Police in Thailand are investigating a high-stakes crypto heist in Pathum Thani, where $2 million in assets were stolen.Police are actively searching for four Chinese nationals believed to have broken…
Bitcoin mining and energy experts have refuted the latest condemning report by the International Monetary Fund on the impact of crypto mining on the environment. In a post on X…
Bitcoin Miners Could Earn $13.9 Billion Yearly by Shifting Energy to AI and HPCBitcoin miners may have the chance to earn an extra $13.9 billion each year by 2027 if…
The banks executed the Bitcoin ETF purchases based on client requests and not for their corporate investments. The second quarter of 2024 ended with major United States banks offering institutional…
Tron’s revenue growth contrasts with a drop in TVL, hitting a six-month low of $7.4B after a brief recovery in July 2024. According to recent data from Token Terminal, the…
American multinational financial services Fidelity is reportedly researching stablecoins and tokenized treasury products. In a post on X on Aug. 15, ETF Store president Nate Geraci cited a report stating…
The Nigerian Federal Inland Revenue Service (FIRS) has announced its plans to seek the National Assembly’s support for a new law to regulate cryptocurrency in the country. According to local…
