The Coinbase CEO has been hugely critical of the U.S. failure to provide the crypto industry with regulatory clarity and has long argued it will push firms offshore. “Adversary nations” like China could ultimately benefit from restrictive crypto policies in…
Autor: coinmaker
Decentralized exchange PancakeSwap moves into GameFi
The DEX has partnered with BNB GameFi protocol Mobox to create a blockchain tower defense game. On May 29, decentralized exchange (DEX) PancakeSwap announced that it had launched a new tower-defense GameFi game in conjunction with BNB GameFi protocol Mobox.…
2 key security practices for Web3 startups from Israel Crypto Conference
Shahar Madar, the head of security products at Fireblocks, says Web3 startups need to think from the “attacker’s perspective” when planning security protocols. Security remains one of the Web3 industry’s most important and relevant issues as decentralized finance (DeFi) protocols…
AI demand briefly catapults Nvidia into $1 trillion club
Nvidia share prices have more than tripled since October last year as demand for AI tech surges. Computer chip manufacturer Nvidia briefly joined the exclusive club of companies with a $1 trillion market capitalization as market demand for artificial intelligence…
Crypto exchange Bybit exits Canada, citing ‘recent regulatory development’
Headquartered in Dubai, Bybit plans to leave Canada while exploring expansion into new markets like Kazakhstan. Cryptocurrency exchange Bybit has announced it will be pausing its products and services to residents and nationals of Canada following certain developments in the…
Some SBF charges will be dropped if Bahamas objects, U.S. prosecutors say
The charges relating to Sam Bankman-Fried’s alleged bank fraud, operating an unlicensed money transmitter service and bribing Chinese officials may be dropped. United States prosecutors will drop some of the charges against former FTX CEO Sam Bankman-Fried if the Bahamas…
Bitcoin on-chain and options data hint at a decisive move in BTC price
BTC’s historically low volatility could abruptly change in June, with long-term holders making moves and options traders showing an uptick in bearish positions. Bitcoin’s volatility has dropped to historically low levels thanks to macroeconomic uncertainty and low market liquidity. However, on-chain…
Tether moves into Bitcoin mining in Uruguay
As part of its expansion into mining, Tether cited Uruguay’s capability of generating 94% of its electricity from renewable sources, including wind and solar. Stablecoin issuer Tether has announced it will be launching Bitcoin mining operations in Uruguay. In a…
Pro-Bitcoin Legislation Reigns Victorious In Texas This Year As The Legislative Session Ends
Bitcoin policy advocates celebrated several victories in the recent quarter, including the success of Texas SB 1929, a pro-mining bill, and the defeat of Texas SB 1751, an anti-mining bill. VP of Research at Riot Platforms Pierre Rochard expressed gratitude…
Stablecoin Issuer Tether To Begin Bitcoin Mining Operations In Uruguay
Tether, the company behind the widely popular USD stablecoin, has announced its foray into energy production and sustainable Bitcoin mining operations in Uruguay. According to the announcement, Tether’s collaboration with a local licensed company marks the company’s expansion into the…