Bitcoin Bill Clears Major Hurdle in Pennsylvania, Signaling Crypto Regulation Changes

The Pennsylvania House of Representatives has overwhelmingly passed a bipartisan bill that protects the rights of residents to self-custody bitcoin and use it as a payment method, while establishing tax guidelines for... Read more »

Bitcoin Miner Ionic Digital Renews IPO Push, Reports Significant BTC Holdings

Ionic Digital has revived its plans for an initial public offering (IPO) following the appointment of BDO USA as its new auditor. The company, which is primarily involved in bitcoin (BTC) mining,... Read more »

Indo-Pacific Nations Outpacing the US in Crypto Regulation, SEC Commissioner Says

A U.S. Securities and Exchange Commission (SEC) commissioner has urged the U.S. to adopt a more proactive approach to crypto regulation, pointing to the leadership of Indo-Pacific nations like Japan, Singapore, and... Read more »

Uncharted Territory: Bitcoin’s Mining Difficulty Reaches New Extremes

Bitcoin’s difficulty has soared once again at block height 866,880, reaching a record-breaking 95.67 trillion. Meanwhile, the network’s computational power is keeping pace, operating at a blazing 729.13 exahash per second (EH/s)... Read more »

New Privacy Bill Aims to End Government’s Grip on Americans’ Financial Data

The Saving Privacy Act, aimed at curbing federal surveillance of Americans’ financial data, is gaining momentum. Backers argue the government has overreached, violating privacy rights without effectively targeting criminals. Provisions include repealing... Read more »

Northern Data Considers Selling Crypto Mining Unit to Fund AI Venture

Northern Data, a German data center company, is considering selling its crypto mining arm, Peak Mining Frankfurt, to focus on its growing AI business. This move comes as crypto miners continue to... Read more »

UK Stands Firm on Tough Crypto Regulations, Warns Against Lowering Crypto Standards

A Financial Conduct Authority (FCA) official has emphasized the importance of high regulatory standards for crypto asset registrations. She defended the UK’s stringent rules, aiming to protect consumers and financial markets while... Read more »

BTC Miner Core Scientific Expands Contract With Coreweave, Eyes $8.7B in HPC Revenue

Core Scientific has revealed that Coreweave has chosen to expand its high-performance computing (HPC) infrastructure by another 120 megawatts (MW), pushing the total contracted capacity to around 500 MW. Core Scientific and... Read more »

Crypto On/Off Ramp Discloses Breach, Says 1.14% of Users Affected

Transak, a cryptocurrency on/off-ramp service, confirmed on Oct. 21 that experienced a data breach affecting 1.14% of its users. A ransomware group claimed to have obtained sensitive data but Transak confirmed only... Read more »

Industry Stakeholders Cautious as Argentina Drafts New Crypto Regulations

Cryptocurrency industry members in Argentina expressed their opinions regarding a new draft that proposes restrictions on the operation of crypto institutions in the country. If the draft is approved, each institution will... Read more »