Crypto News And Market Updates

Bitcoin mining equipment operating smoothly despite network issues

Bitcoin ‘Keeps Hashing’ Despite Widespread CrowdStrike Network Failures

July 20, 2024 Paulo

Bitcoin remains unaffected by CrowdStrike’s network failures due to its decentralized nature and reliance on Linux systems, says mining CEO Taras Kulyk.

Blockchain

Rho Markets Attacker Offers to Return Funds, Says Incident Not a Hack

July 19, 2024 Paulo

Rho Markets attacker offers to return $7.6M, claiming it wasn’t a hack but a configuration mistake, according to blockchain investigator ZachXBT.

The UK advised to rebuild its economy by liquidating a $5 billion Bitcoin trove.

UK Advised to ‘Rebuild Britain’ with $5B Bitcoin Trove

July 19, 2024 Paulo

Merryn Somerset Webb advises the UK to sell its $5 billion Bitcoin trove for economic recovery, sparking debate on state-controlled BTC stockpiles.

Exterior view of ZA Bank headquarters in Hong Kong, a leader in virtual banking services.

Hong Kong’s ZA Bank Offers Reserve Bank Services for Stablecoin Issuers

July 19, 2024 Paulo

ZA Bank in Hong Kong rolls out reserve bank services for stablecoin issuers, partnering with nearly 10 firms to enhance digital asset stability and security.

Illustration of Crusoe Energy and Lancium's AI data center in Texas.

Bitcoin Miner Crusoe to Build ‘Multibillion-Dollar’ AI Data Center in Texas

July 18, 2024 Paulo

Crusoe Energy’s new AI data center in Texas aims to leverage renewable energy to power significant advancements in artificial intelligence technology.

TON Foundation clarifies digital residency project has no official backing from UAE government.

TON Foundation Announces Trustless Bitcoin Bridge

July 18, 2024 Paulo

TON Foundation introduces TON Teleport BTC, a bridge enhancing Bitcoin’s utility on The Open Network, expanding decentralized application operability.

David Bailey, CEO of Bitcoin Magazine, stands with former President Donald Trump at a fundraiser event.

Bitcoin Magazine CEO Plans $15M Fundraiser for Trump in Nashville: Washington Post

July 18, 2024 Paulo

Bitcoin Magazine CEO David Bailey is organizing a $15M fundraiser for Trump’s reelection campaign in Nashville, coinciding with the Bitcoin Conference.

Ethereum price chart showing a significant rise.

SEC Commissioner Peirce Suggests Staking for Spot Ether ETFs May Be Reconsidered

July 17, 2024 Paulo

SEC Commissioner Hester Peirce suggests the possibility of reconsidering staking options for spot Ether ETFs, signaling potential regulatory changes.

Guo Wengui, also known as Miles Guo, at a press conference

Chinese Businessman Guo Wengui Convicted in Billion-Dollar Scam Involving GTV Media Group

July 17, 2024 Paulo

Guo Wengui, also known as Miles Guo, convicted of defrauding supporters in a billion-dollar scam involving GTV Media Group, facing serious charges.

Hong Kong Regulatory Framework for Stablecoin

Hong Kong to Present Regulatory Framework for Stablecoins

July 17, 2024 Paulo

Hong Kong financial regulators plan to introduce a regulatory framework for stablecoins, with the majority of market participants supporting a licensing regime.