Australian Regulator Shuts Down Over 600 Crypto Scams in the Past Year.
ASIC Deputy Chair Sarah Court warns that Australians lose billions yearly to scams, with AI helping fraudsters evolve their tactics. The Australian Securities and Investments Commission (ASIC) announced today that…
Bitcoin Explodes Above $60K Triggering Over $100M in Liquidations.
Bitcoin’s price shot up toward $61K in a sudden move forward. After a choppy price action throughout the past couple of days, the Bitcoin price has taken off, pushing above…
Hamster Kombat and Crypto.com Launch New Payment Card.
Hamster Kombat has partnered with Crypto.com to launch a “metal card” to enhance payment flexibility for business operators. The card can be used both in the Hamster Kombat game and…
TeraWulf Reports 21% Drop in Bitcoin Mining but Revenue Surpasses Estimates in Q2.
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…
IMF Proposes Crypto Mining Tax to Curb Emissions.
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…
Justin Sun Sparks Rumours of China Lifting its Ban on Crypto.
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…
Masked Intruders Escape with $2M in Crypto: Thai Police Launched Investigation.
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…
Experts Refute Damning IMF ‘Attack Piece’ on Crypto Mining.
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 HPC.
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…
These Big U.S. Banks Bought Spot Bitcoin ETFs in Q2 2024.
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…