Paraguayan Lawmakers Introduce Bill to Temporarily Pull the Plug on Bitcoin Mining Operations

[ad_1] A group of Paraguayan lawmakers is spearheading a bill that seeks to enact a temporary ban on cryptocurrency mining operations in Paraguay for 180 days or until the industry’s activities are... Read more »

Gold outperforms S&P 500 YTD as economic uncertainty looms

[ad_1] Quick Take Notably, in 2024 thus far, gold has outpaced the broader equity market, rising approximately 11% compared to the S&P 500’s 9% gain. Gold vs SPX: (Source: TradingView) Over the... Read more »

Deribit’s Dubai Unit Receives ‘Conditional’ Virtual Asset Service Provider License

[ad_1] Deribit FZE, an entity owned by crypto derivatives platform Deribit, has secured a conditional virtual asset service provider from the Dubai virtual assets regulator. The license, which covers spot and derivative... Read more »

Morgan Stanley, UBS on the verge of approving Bitcoin ETF exposure

[ad_1] Morgan Stanley and UBS are actively competing to become the first major banks to offer their clients access to spot Bitcoin exchange-traded funds (ETFs), according to people familiar with the matter.... Read more »

Ripple’s Legal Chief Urges SEC to Own up to Its Mistakes After Years of ‘Misguided War on Crypto’

[ad_1] Ripple’s chief legal officer has urged the U.S. Securities and Exchange Commission (SEC) to own up to its multiple missteps in enforcement actions against the crypto industry. He referenced court rulings... Read more »

How Wormhole hacker almost profited from W token airdrop mishap

[ad_1] The malicious actor behind the infamous hack incident that stole over 80,000 ETH from Wormhole in 2022 was briefly entitled to receive an undisclosed amount of airdropped W tokens, pseudonymous blockchain... Read more »

US Courts Have Serially Rejected Crypto Industry’s ‘Decade’s Worth of Arguments’ – SEC Director

[ad_1] Over the past decade, the U.S. Securities and Exchange Commission (SEC) has contended with “significant non-compliance” and “creative attempts” by cryptocurrency market participants to avoid its jurisdiction. According to the SEC’s... Read more »

Arkon Energy Strikes Deal With Bitmain for 27,700 Bitcoin Mining Rigs

[ad_1] On Tuesday, the Ohio-based bitcoin mining and colocation company Arkon Energy announced its procurement of 27,700 bitcoin mining rigs from Bitmain, equaling a hashpower of 6 exahash per second (EH/s). Ohio’s... Read more »

Google eyes ‘premium’ AI features to revamp business model

[ad_1] Google is reportedly considering the introduction of paid “premium” features powered by generative AI to its search engine, The Financial Times reported on April 2. Sources close to the matter told... Read more »

Stablecoin Issuer Tether Completes SOC 2 Type 1 Audit

[ad_1] Tether, the USDT stablecoin issuer, announced on April 1 that it had completed the System and Organization Controls (SOC) 2 Type 1 Audit, the highest level of security compliance achievable. Tether... Read more »
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