CleanSpark, Inc., a publicly traded bitcoin mining company, has released its May 2023 bitcoin mining and operations update, revealing significant growth in both its bitcoin holdings and revenue. The company’s bitcoin holdings grew by 44% in May, reaching a total…
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Looking Into The Role Credit Unions Can Play In Bitcoin Adoption
In a recent interview with Bitcoin Magazine, Chief Lending Officer Chase Larson and CEO Jed Meyer of St. Cloud Financial Credit Union, based in Minnesota, discussed their experiences with Bitcoin and their efforts to develop a bitcoin custody solution at…
CBDC ‘may not be a compelling priority,’ says Kenya’s central bank
The central bank released its statement in response to comments on a CBDC discussion paper published in February 2022. The Central Bank of Kenya received comments on a discussion paper on the potential issuance of a digital shilling and hasn’t…
Stablecoins are a critical countermeasure to Operation Chokepoint
Stablecoins could help crypto firms to remove themselves from the banking system — and prevent the U.S. government from cutting off their financial lifelines. Boosting financial inclusion is one of crypto’s strongest value propositions. Yet, ironically, the banking crisis has…
Taurus deploys on Polygon blockchain for asset tokenization and custody
Taurus raised $65 million in a funding round three months ago. Its clients can now issue digital securities automatically. Digital asset infrastructure provider Taurus is stepping up its tokenization efforts in Europe through a full integration with the Polygon blockchain,…
CFTC commissioner says proposal to reassess risk management could consider crypto
Christy Goldsmith Romero pointed to the collapse of FTX, Terra and Celsius in having the CFTC reconsider the way it handled risk management. Christy Goldsmith Romero, a commissioner with the United States Commodity Futures Trading Commission (CFTC), has commented on…
Bitcoin ‘big move’ due in July after March $30K push — latest analysis
Bitcoin has been busy “perfectly” mimicking its moves from after the March 2020 crash, QCP Capital argues. Bitcoin (BTC) “consolidation” could end by July, new research predicts as optimism over a BTC price breakout returns. In its latest market update…
Binance market share chopped with the end of zero-fee BTC trading
A Binance spokesperson told Cointelegraph that the company had forecasted the drop after its decision to end its zero-fee Bitcoin trading but that it’s “not a concern.” New data reveals that cryptocurrency exchange Binance has experienced a loss in market…
Private ID verification wins Binance Web3 reality show
Startups competed in a metaverse-based Web3 reality show called Build The Block to win an investment from Binance Labs. Crypto exchange Binance has announced the winner of its Web3 reality show, titled “Build the Block,” held in the metaverse. Within…
Web3 gaming gets competitive edge as Maniac Panda Games joins Cointelegraph Accelerator
European game studio Maniac Panda Games aims to onboard mainstream players to Web3 with its flagship MMO title. As the Web3 gaming landscape is getting bigger by the day, mainstream players who enjoy playing popular titles games such as PUBG,…
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